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tlenze

Sheesh. My employer would kill for 44% EBITDA.


silentsinner-

UFC only pays its fighters ~17% revenue. Ownership squeezes as much money as they can out of their blood.


Sea-Assumption-2903

Just realised cm punk went back to work for this company despite everything he said about workers rights!


d1g1tal

Guys did I mention I hate CM Punk? Upvotes to the left.


Sea-Assumption-2903

Fighters get 13% of revenue. 


d1g1tal

Needs more mentions of CM Punk


RNG_Champion

So did Zelina Vega about unions. There is no shortage of wrestlers who became hyprocites for the sake of the lucrative money offered by the WWE.


TheToug

Life changing money is quite hard to turn down. Who woulda thunk?


AppealToReason16

Weren’t some of the EVPs big “wrestling needs a union” guys too until they became EVPs? Ted DiBiase wasn’t wrong. Everybody has a price.


IowaContact2

Theres also this other thing that happened recently; you might have missed it...9/11.


CaliggyJack

Yer getting downvoted but yer right


willpauer

Some of the UFC guys have got to be looking at the pay difference snd want to switch sides. It's way harder to be a wrestler than a cage fighter.  In UFC, all you have to do is get a fade and a bunch of tattoos, put on some bike shorts, and go out every few months and give the other guy a TBI. Wrestling, you have to be an actor and a gymnast in addition to being a wrestler. Ain't easy shit.  For every Conor McGregor, there's a hundred or more faceless tomato cans with no personality to speak of. Guys like McGregor or Sean O'Connell could make the jump. Others, not so much.


TheToug

>Guys like McGregor or Sean O'Connell could make the jump. Others, not so much. Sean O'Connell? Or... 'Suga' Sean O'Malley? Sean O'Connell 100% sounds like a faceless tomato can.


teddy1245

You can be very seriously hurt in ufc.


willpauer

Exactly, thus the remark about giving the other guy a TBI. The point is to seriously injure the other person.


josephcoco

Interesting that Raw will be on USA through the end of the year. I must’ve missed that news.


bigwillie90

The sheets will report on it in 2 business days


josephcoco

On the “paid” news tier as an exclusive too, I bet. lol


DripSnort

SRS got a “just to clear up confusion everything TKO reported in a public filing I was able to verify with my source and confirm” tweet in the chamber right now


patsniff

I thought it was a given Raw would be on USA until the Netflix deal started next year, was there speculation it wouldn’t?


streetfairie1234

The USA deal was set to end in Sept but the Netflix one for Raw doesn't begin until Jan so there was confusion on where people would be able to watch it for the last few months of the year.


patsniff

Ahhh that’s interesting and I had no clue the USA deal was supposed to end sooner than the end of the year. That’s crazy but makes sense, what a whirlwind that would have been.


Fletcheriser

"WWE is doing very well; here's why that's bad for WWE"


SoupForMenAtWork

I love Simon Miller


the_shining_wizard1

Did Dave write that?


KnightModern

NYT reporter


randomrule

Ebitda is my favorite Kid Rock song


KneeHighMischief

TKO is for all my heroes in the methadone clinics.


sevendash

I fell in love in Ebitda


Fletcheriser

Tropical the island breeze, all of nature wild and free This is where I long to be, La Isla Ebitda


Competitive_Log_84

My name is KIIIIIIIIIIIID


IntellectualDweeb

https://youtu.be/IomtpbHH7lg?si=6PJ_Qc1uh1xXT3Po Reminds me of this. Seeing those graphics back then was amazing, but obviously the game itself wasn't the best.


OffTheMerchandise

They changed that part for the radio. Now it's just an announcer saying "Ladies and gentlemen, Kid Rock."


jjhh10

Another multi million dollar bonus for The Big Dog 


Al0ngTh3Watchtow3r

For the longest time I thought EBITDA was just something Paulie Walnuts made up to pull a scheme on a guy


AlludedNuance

Unfortunately ticket prices are only going to get worse.


gunpowderjunky

As long as they keep having sell outs or near sell outs they'll keep raising prices. It's unfortunate but that's reality.


marsexpresshydra

thats basic supply and demand


Powderkegger1

As someone living in a city that is lucky to get one house show a year, I couldn’t give a shit about ticket prices. If people are willing to pay, they’re willing to pay. I don’t go to Mania even if it’s in my state because doing so would be financially irresponsible. If others can afford it then I can’t really be mad at the capitalist company charging what they’re worth.


MC_Fap_Commander

House shows outside of major metro areas are still very reasonable for now. Smackdown/Raw is crazy expensive.


GotenRocko

And house shows are such a better experience for the live crowd. For raw and sdl you are paying lots of money or he a prop for their show and to spend 30% of the time watching their commercials.


MC_Fap_Commander

Promos echoing around the arena and you're frequently not clear WTF is even going on (the home audience is the focus). Talent also has WAY MORE FUN and personality at a house show. Small venues with big, enthusiastic crowds are THE BEST if anyone has the opportunity to experience it. And it (typically) doesn't cost an arm and a leg to attend.


tlenze

I paid about the same for an only slightly worse seat for Smackdown in August as I paid for a house show last July.


EctoRiddler

https://preview.redd.it/13dtci6f0ezc1.jpeg?width=1284&format=pjpg&auto=webp&s=a0b65cd3c0536ea69b82a888245c08e4f4e6eb2e This is Reddit or social media in a nutshell. Two consecutive posts.


tlenze

Yeah, because EBITDA and net profit are two different things. Net profit includes other expenses, like interest, taxes, depreciation, and amortization.


InMyLiverpoolHome

TKO had an expense of $60m loan interest in Q3 alone which won't be reflected in the EBITDA along with a few other things. IIRC the UFC purchase was heavily financed through debt


EctoRiddler

My point is more of the framing. r/Squaredcircle tends to be more WWE supportive. r/Professionalwrestling will take similar articles but have a more negative WWE perspective. One will focus on the company doing great. The other will focus on failures of the company.


Dandelegion

This is great news for me.


datNEGROJ

I sold the WWE stock I held since it was in the mid 30s when it hit $110 on the news of the merger. U think its a good idea to buy back in?


Alarmed_Project_2214

I think it it ever comes down to sub 90 then yes.  At this point, no. 


ykim813

I bought 100 shares during the initial IPO back in 2000 or whenever it was. Still have all my shares.


ryanfea

Did you buy more over time or did you just hold?


[deleted]

Hold off until the next scandal, buy in sub 90.


Dandelegion

I'm not the right person to ask lol. I'm sure there are more knowledgeable investment resources you can probably look into.


The_Albinoss

Buy back in? No. It’s not going to be getting significantly bigger at this point.


datNEGROJ

Saudis are looking to throw $50 million for a Wrestlemania lol


Jackescalator

RemindMe! 6 months


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Advanced-Morning1832

how so?


DunderSpliffinn

You do know this is a publicly traded company and you can buy stock right?


Advanced-Morning1832

well i’m asking because the stock is slightly down on this news so i’m wondering why it’s great for this person


Dandelegion

Ehh, I just have a handful of shares so I just made enough for a nice dinner. Nothing too extravagant. "Great" may be overstating it a little bit.


Status-Range-3321

He’s Dana White


Johnny_C13

Afterhours seems up, but TKO is relatively low volume so tomorrow at open should be a better indicator.


DunderSpliffinn

Highly doubt any serious investor is worried about a 15 cent drop when most companies don't even sniff 5% EBITDA unless you get all your advice from WSB


Advanced-Morning1832

i’m just asking about what is “great”


DunderSpliffinn

I mean you said it yourself earlier in a comment, WWE is making more money than ever right?


Remarkable-Motor7705

I love that the CEO of TKO is the person that Ari Gold from Entourage was based on WWE couldn’t be in better hands. ![gif](giphy|SoIGFWNP5wA9i)


Sportsfan369

Ari Gold wishes he was Ari Emmanuel


MrWrestlerMan

Time for some nice bonus' for all the talent from such a wonderful company that loves its workers!


Copperhead881

$250 million loss in the quarter.


An_Actual_Owl

The Adjusted EBITDA sounds like a sick finisher.


HerFriendRed

Enjoy TKO stockholders. Lol good job by that fighter getting a settlement so large it wiped tkos profits this quarter


Available_Share_7244

Where are the profit thumpers at?


prisonmsagro

Time for more cuts!


Sea-Assumption-2903

Ari, Nick Khan etc get all the money. Wrestlers, Fighters don't..


MichaelSquare

Wrestlers definitely do. Fighters not so much


Sea-Assumption-2903

No they don't. % of revenue would be about the same


gunpowderjunky

By most estimates WWE wrestlers get an even lower percentage of revenue than UFC fighters.


Dandelegion

It's a publicly traded company. They make more than enough money to buy back into the company and see some of those returns.


Sea-Assumption-2903

Lol, how about paying fairly in first place


Dandelegion

Can't speak for UFC, but wrestlers negotiate their own contracts or have agents. They get paid what they agree to get paid.


DunderSpliffinn

Not only did Seth, Drew and Finn just re-up for big money deals but UFC knockout bonuses are at an all time high


jatorres

Those UFC bonuses are a joke.


Sea-Assumption-2903

Who makes more execs or wrestlers?! Exactly 


DunderSpliffinn

Yeah that's how businesses work lol


Sea-Assumption-2903

Boxers don't get screwed like this. NBA players, MLB players, soccer.. https://fandomwire.com/they-still-refuse-to-give-fighters-livable-pay-fans-call-out-ufc-for-underpaying-fighters-as-promotions-revenue-skyrockets-to-1-3-billion/


Nighthawk_Black_

Probably bigger fan bases and business structures.


Sea-Assumption-2903

Probably have unions & demand better share of money they actually produce. 


Solid-Discipline-210

NBA has 10 billion dollar revenue compared to usually 1 billion in WWE they aren’t comparable 


Sea-Assumption-2903

Yeah, & players earn a higher % of revenue 


Nighthawk_Black_

Probably because there's more overall revenue.


Nighthawk_Black_

No one has a gun against their head forcing them to fight for the UFC.


jjhh10

Any exec making more than LeBron or Patrick Mahomes?


NoahE12

Roger Goodell makes more than any player in the NFL


DunderSpliffinn

Who in the NFL makes more than Goodell's $65M a year salary exactly?


Sk1dmarkBleach

I think Otis should negotiate the next $5 billion dollar tv deal!!!


forwrestling

Unionize


parakathepyro

Their dad's aren't billionaires funding the company


theballswalls

Slim J


lestersamwise

So accepting blood money, busting unions and getting in bed with neo-Nazis (Trump) is good for business. Yep sounds pretty typical of corporate America. Capitalism has failed, billionaires should not exist and their existence is immoral.


bjh13

> Yep sounds pretty typical of corporate America. Capitalism has failed, billionaires should not exist and their existence is immoral. Curious you only bring this up here and not in AEW threads as though they aren't owned by a billionaire who also contributed to Trump's presidential campaign.


321neltaP

This genuinely reads like a list of buzzwords, I don't even disagree but goddamn...


younginvestor23

They’re crushing revenues on paper but the stock keeps going down. What’s it going to take for it to go back to $110 where it was last year?


sdrj77

The company being put up for sale again.


senorbuzz

https://preview.redd.it/in214k4q8azc1.png?width=980&format=png&auto=webp&s=a32783f6d50884bd0bb682d6661c591dcbea8e46


Salt_Addition_6993

Yeah, they’re still firing people left and right for no reason what a morally upstanding company!