secwatch.observer — SEC 8-K summary
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Issuer:     TKO Group Holdings, Inc. (TKO)
CIK:        0001973266
Form:       8-K
Filed at:   2024-01-23T23:59:59+00:00
Accession:  0001193125-24-012600
Event type: other_material
Sentiment:  positive
Materiality: 0.85
Item codes: 7.01, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1973266/000119312524012600/0001193125-24-012600-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1973266/000119312524012600/d715345d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-012600

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer