---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-012600"
form_type: "8-K"
ticker: "TKO"
cik: "0001973266"
company_name: "TKO Group Holdings, Inc."
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:14:47.424096+00:00"
event_type: "other_material"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# WWE's Raw moves to Netflix in $5B+ 10-year exclusive deal

## Summary
- Netflix becomes exclusive home of Raw in US, Canada, UK, Latin America starting Jan 2025.
- Agreement includes SmackDown, NXT, Premium Live Events, and documentaries internationally.
- Aggregate rights fee exceeds $5 billion over initial 10 years; Netflix has 10-year renewal option.
- WWE's Raw leaves linear TV for first time in 31 years; currently #1 on USA Network with 17.5M unique viewers.
- TKO President calls deal 'transformative,' locking in significant and predictable economics.

## SEC filing metadata
- accession: 0001193125-24-012600
- form_type: 8-K
- ticker: TKO
- cik: 0001973266
- company_name: TKO Group Holdings, Inc.
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: other_material
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1973266/000119312524012600/0001193125-24-012600-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1973266/000119312524012600/d715345d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-012600
- JSON: https://secwatch.observer/filing/0001193125-24-012600.json
- Plain text: https://secwatch.observer/filing/0001193125-24-012600.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.