other material
confidence high
sentiment neutral
materiality 0.40
TKO Group dismisses Deloitte, appoints KPMG as auditor due to Silver Lake/Endeavor independence issue
TKO Group Holdings, Inc.
- Deloitte dismissed effective upon filing of Q2 2024 10-Q; KPMG appointed for fiscal 2024.
- Change triggered by auditor independence rules tied to Silver Lake's pending take-private of Endeavor.
- No disagreements or reportable events between TKO and Deloitte in fiscal 2022/2023 or subsequent interim period.
- Deloitte's reports on TKO's 2022 and 2023 financials were unqualified.