Endeavor (EDR) 10-K 27 Feb 25 2024 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Dec. 31, 2024	Jan. 31, 2025	Jun. 30, 2024
Document Information [Line Items]
Document Type	10-K
Document Period End Date	Dec. 31, 2024
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	FY
Entity Registrant Name	ENDEAVOR GROUP HOLDINGS, INC
Entity Central Index Key	0001766363
Current Fiscal Year End Date	--12-31
Amendment Flag	false
Document Annual Report	true
Document Transition Report	false
Securities Act File Number	001-40373
Entity Well-known Seasoned Issuer	Yes
Entity Shell Company	false
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Address, State or Province	CA
Entity Incorporation, State or Country Code	DE
Title of 12(b) Security	Class A Common Stock, par value $0.00001 per share
Trading Symbol	EDR
Security Exchange Name	NYSE
Entity Voluntary Filers	No
ICFR Auditor Attestation Flag	true
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Address, Address Line One	9601 Wilshire Boulevard
Entity Address, Address Line Two	3rd Floor
Entity Address, City or Town	Beverly Hills
Entity Address, Postal Zip Code	90210
Entity Tax Identification Number	83-3340169
City Area Code	310
Local Phone Number	285-9000
Entity Public Float			$ 5,738,547,955
Auditor Firm ID	34
Auditor Name	Deloitte & Touche LLP
Auditor Location	New York, NY
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE Certain portions of the registrant's Definitive Proxy Statement for the registrant's 2025 annual meeting of stockholders to be filed with the Securities and Exchange Commission no later than 120 days after the end of the fiscal year ended December 31, 2024 are incorporated herein by reference in Part III of this Annual Report on Form 10-K.
Document Financial Statement Error Correction [Flag]	false
Auditor Opinion [Text Block]	Opinion on Internal Control over Financial Reporting We have audited the internal control over financial reporting of Endeavor Group Holdings, Inc. and subsidiaries (the "Company") as of December 31, 2024, based on criteria established in Internal Control — Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission (COSO). In our opinion, based on our audit and the report of KPMG LLP, the Company maintained, in all material respects, effective internal control over financial reporting as of December 31, 2024, based on criteria established in Internal Control — Integrated Framework (2013) issued by COSO. With the exception of controls related to goodwill, which we have audited, we did not audit the effectiveness of internal control over financial reporting of TKO Group Holdings, Inc., a subsidiary of the Company, which financial statements reflect total assets, excluding goodwill audited by us, constituting 24% of consolidated total assets as of December 31, 2024, and total revenues constituting 39% of consolidated total revenue for the year then ended. The effectiveness of TKO Group Holdings, Inc.’s internal control over financial reporting was audited by KPMG LLP, whose report has been furnished to us, and our opinion, insofar as it relates to the effectiveness of TKO Group Holdings, Inc.’s internal control over financial reporting, exclusive of controls related to goodwill audited by us, is based solely on the report of KPMG LLP. We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the consolidated financial statements as of and for the year ended December 31, 2024, of the Company and our report dated February 27, 2025, expressed an unqualified opinion on those financial statements based on our audit and the report of KPMG LLP and included an explanatory paragraph regarding substantial doubt about the Company’s ability to continue as a going concern. Opinion on the Financial Statements We have audited the accompanying consolidated balance sheets of Endeavor Group Holdings, Inc. and subsidiaries (the "Company" or “EGH”) as of December 31, 2024 and 2023, the related consolidated statements of operations, comprehensive (loss) income, redeemable interests and shareholders’ equity, and cash flows for each of the three years in the period ended December 31, 2024, and the related notes (collectively referred to as the "financial statements"). In our opinion, based on our audits and the report of KPMG LLP, the financial statements present fairly, in all material respects, the financial position of the Company as of December 31, 2024 and 2023, and the results of its operations and its cash flows for each of the three years in the period ended December 31, 2024, in conformity with accounting principles generally accepted in the United States of America. We have also audited, in accordance with the standards of the Public Company Accounting Oversight Board (United States) (PCAOB), the Company's internal control over financial reporting as of December 31, 2024, based on the criteria established in Internal Control — Integrated Framework (2013) issued by the Committee of Sponsoring Organizations of the Treadway Commission and our report dated February 27, 2025, expressed an unqualified opinion on the Company's internal control over financial reporting based on our audit and the report of KPMG LLP. With the exception of goodwill, which we have audited, we did not audit the 2024 financial statements of TKO Group Holdings, Inc., a subsidiary of the Company, which financial statements reflect total assets, excluding goodwill audited by us, constituting 24% of consolidated total assets as of December 31, 2024, and total revenues constituting 39% of consolidated total revenue for the year then ended. The financial statements of TKO Group Holdings, Inc. were audited by KPMG LLP, whose report has been furnished to us, and our opinion, insofar as it relates to the amounts included for TKO Group Holdings, Inc., exclusive of goodwill audited by us, is based solely on the report of KPMG LLP.
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		325,544,007
Common Class X [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		144,878,961
Common Class Y [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		215,927,779

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Current Assets:
Cash and cash equivalents	$ 1,201,490	$ 1,166,526
Restricted cash	348,729	278,456
Accounts receivable (net of allowance for doubtful accounts of $56,171 and $58,026 respectively)	880,988	810,857
Deferred costs	231,494	606,207
Assets held for sale	880,904	7,500
Other current assets	306,665	424,542
Current assets of discontinued operations	175,535	170,459
Total current assets	4,025,805	3,464,547
Property, buildings and equipment, net	786,257	914,645
Operating lease right-of-use assets	385,420	309,704
Intangible assets, net	4,008,543	4,812,284
Goodwill	9,159,410	9,517,143
Investments	400,984	394,179
Deferred income taxes	660,833	430,339
Other assets	759,140	599,765
Long-term assets of discontinued operations	379,170	1,102,167
Total assets	20,565,562	21,544,773
Current Liabilities:
Accounts payable	491,949	462,361
Accrued liabilities	883,407	684,390
Current portion of long-term debt	2,248,029	58,894
Current portion of operating lease liabilities	65,842	73,899
Deferred revenue	534,624	802,344
Deposits received on behalf of clients	285,232	262,436
Current portion of tax receivable agreement liability	130,499	156,155
Liabilities held for sale	100,309	0
Other current liabilities	67,594	97,190
Current liabilities of discontinued operations	189,906	199,276
Total current liabilities	4,997,391	2,796,945
Long-term debt	3,430,102	4,969,417
Long-term operating lease liabilities	359,447	279,042
Long-term tax receivable agreement liability	751,002	834,298
Deferred tax liabilities	371,865	446,861
Other long-term liabilities	474,010	393,322
Long-term liabilities of discontinued operations	94,887	102,377
Total liabilities	10,478,704	9,822,262
Commitments and contingencies (Note 21)
Redeemable non-controlling interests	232,882	215,458
Shareholders' Equity:
Additional paid-in capital	5,035,750	4,901,922
Accumulated deficit	(973,094)	(117,065)
Accumulated other comprehensive loss	(48,508)	(157)
Total Endeavor Group Holdings, Inc. shareholders' equity	4,014,154	4,784,706
Nonredeemable non-controlling interests	5,839,822	6,722,347
Total shareholders' equity	9,853,976	11,507,053
Total liabilities, redeemable interests and shareholders' equity	20,565,562	21,544,773
Common Class A [Member]
Shareholders' Equity:
Common stock value	3	3
Common Class B [Member]
Shareholders' Equity:
Common stock value	0	0
Common Class C [Member]
Shareholders' Equity:
Common stock value	0	0
Common Class X [Member]
Shareholders' Equity:
Common stock value	1	1
Common Class Y [Member]
Shareholders' Equity:
Common stock value	$ 2	$ 2

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Net of allowance for doubtful accounts	$ 56,171	$ 58,026
Common Class A [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	312,605,680	298,698,490
Common Stock, shares outstanding	312,605,680	298,698,490
Common Class B [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	0	0
Common Stock, shares outstanding	0	0
Common Class C [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	5,000,000,000	5,000,000,000
Common stock, shares issued	0	0
Common Stock, shares outstanding	0	0
Common Class X [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	4,967,940,840	4,983,448,411
Common stock, shares issued	155,699,136	166,569,908
Common Stock, shares outstanding	155,699,136	166,569,908
Common Class Y [Member]
Common stock, par value	$ 0.00001	$ 0.00001
Common stock, shares authorized	987,806,109	989,681,838
Common stock, shares issued	215,927,779	225,960,405
Common Stock, shares outstanding	215,927,779	225,960,405

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement [Abstract]
Revenue	$ 7,110,982,000	$ 5,490,777,000	$ 5,007,603,000
Operating expenses:
Direct operating costs	3,297,728,000	2,211,918,000	1,929,247,000
Selling, general and administrative expenses	3,351,405,000	2,590,173,000	2,277,106,000
Depreciation and amortization	539,052,000	310,204,000	248,732,000
Impairment charges	75,707,000	74,912,000	689,000
Total operating expenses	7,263,892,000	5,187,207,000	4,455,774,000
Operating (loss) income from continuing operations	(152,910,000)	303,570,000	551,829,000
Other (expense) income:
Interest expense, net	(407,792,000)	(346,237,000)	(282,350,000)
Tax receivable agreement liability adjustment	(12,591,000)	40,635,000	(873,264,000)
Other income, net	2,971,000	783,680,000	479,691,000
(Loss) income from continuing operations before income taxes and equity losses of affiliates	(570,322,000)	781,648,000	(124,094,000)
(Benefit from) provision for income taxes	(52,133,000)	208,890,000	(657,698,000)
(Loss) income from continuing operations before equity losses of affiliates	(518,189,000)	572,758,000	533,604,000
Equity losses of affiliates, net of tax	(13,940,000)	(21,018,000)	(223,604,000)
(Loss) income from continuing operations, net of tax	(532,129,000)	551,740,000	310,000,000
(Loss) income from discontinued operations	(820,805,000)	16,679,000	20,858,000
(Benefit from) provision for income taxes	(138,173,000)	10,950,000	9,194,000
(Loss) income from discontinued operations, net of tax	(682,632,000)	5,729,000	11,664,000
Net (loss) income	(1,214,761,000)	557,469,000	321,664,000
Less: Net (loss) income attributable to non-controlling interests	(432,347,000)	200,953,000	192,531,000
Net (loss) income attributable to Endeavor Group Holdings, Inc.	$ (782,414,000)	$ 356,516,000	$ 129,133,000
Basic from continuing operations	$ (1.17)	$ 1.19	$ 0.46
Basic from discontinued operations	(1.39)	0	0.02
Basic	(2.56)	1.19	0.48
Diluted from continuing operations	(1.23)	1.14	0.43
Diluted from discontinued operations	(1.42)	0	0.02
Diluted	$ (2.65)	$ 1.14	$ 0.45
Weighted average number of shares used in computing (loss) earnings per share, Basic	305,400,277	298,915,993	281,369,848
Weighted average number of shares used in computing (loss) earnings per share, Diluted	452,178,505	464,862,899	287,707,832

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Statement of Comprehensive Income [Abstract]
Net (loss) income	$ (1,214,761)	$ 557,469	$ 321,664
Change in unrealized gains/losses on cash flow hedges:
Unrealized gains on forward foreign exchange contracts	0	0	1,093
Reclassification of gains to net (loss) income for forward foreign exchange contracts	0	0	(842)
Unrealized gains on interest rate swaps	9,732	23,232	98,553
Reclassification of (gains) losses to net (loss) income for interest rate swaps	(36,597)	(59,423)	7,730
Foreign currency translation adjustments	(48,527)	64,346	1,507
Reclassification of foreign currency translation loss (gain) to net (loss) income for business divestiture	1,397	3,270	(127)
Total comprehensive (loss) income, net of tax	(1,288,756)	588,894	429,578
Less: Comprehensive (loss) income attributable to non-controlling interests	(458,476)	208,487	239,729
Comprehensive (loss) income attributable to Endeavor Group Holdings, Inc.	$ (830,280)	$ 380,407	$ 189,849

Consolidated Statements of Rede

Consolidated Statements of Redeemable Interests and Shareholders' Equity - USD ($) $ in Thousands	Total	Accumulated Other Comprehensive Loss [Member]	Parent [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Redeemable Stock [Member] Noncontrolling Interest [Member]	Nonredeemable Non-controlling Interests [Member] Noncontrolling Interest [Member]	Common Class A [Member]	Class X Common Stock [Member]	Class Y Common Stock [Member]
Beginning balance at Dec. 31, 2021	$ 2,121,463	$ (80,535)	$ 1,247,046	$ 1,624,201	$ (296,625)	$ 209,863	$ 874,417	$ 2	$ 1	$ 2
Beginning Balance (shares) at Dec. 31, 2021								265,553,327	186,222,061	238,154,296
Comprehensive income (loss)	425,295	60,716	189,849		129,133	4,283	235,446
Equity-based compensation	205,537		180,869	180,869		(3,760)	24,668
Issuance of Class A common stock due to exchanges, Shares								12,741,935	(12,841,961)	(10,318,162)
Issuance of Class A common stock due to releases of RSUs								2,792,989
Distributions	(36,386)						(36,386)
Accretion of redeemable non- controlling interests	(83,224)		(83,224)	(34,497)	(48,727)	83,225
Issuance of Class A common stock due to an acquisition, Shares								3,266,646
Issuance of Class A common stock due to an acquisition	70,254		70,254	70,254
Establishment and acquisition of non-controlling interests	346,495		211,405	211,405		(40,532)	135,090
Establishment and acquisition of non-controlling interests, Shares								6,186,832	8,697,379
Non-controlling interests for sale of businesses	3,240						3,240
Equity reallocation between controlling and non-controlling interests		(3,917)	63,826	67,743			(63,826)
Tax receivable agreements in connection with exchanges	819		819	819
Ending balance at Dec. 31, 2022	3,053,493	(23,736)	1,880,844	2,120,794	(216,219)	253,079	1,172,649	$ 2	$ 1	$ 2
Ending Balance (shares) at Dec. 31, 2022								290,541,729	182,077,479	227,836,134
Comprehensive income (loss)	583,320	23,891	380,407		356,516	5,574	202,913
Equity-based compensation	263,489		202,218	202,218		(1,527)	61,271
Issuance of Class A common stock due to exchanges, Shares								11,536,030	(11,507,571)	(1,875,729)
Issuance of Class A common stock due to exchanges	1		1					$ 1
Issuance of Class A common stock due to releases of RSUs								5,426,373
Exercise of stock options, Shares								5,729
Exercise of stock options	132		132	132
Contribution	14,807						14,807
Distributions	(61,599)					(9,090)	(61,599)
Dividends	(54,494)		(36,077)		(36,077)		(18,417)
Repurchase of Class A common stock, including payment for equity forward contract, Shares								(9,109,376)
Repurchase of Class A common stock, including payment for equity forward contract	(200,000)		(200,000)	21,285	(221,285)
Accretion of redeemable non- controlling interests	6,465		6,465	6,465		(6,465)
Issuance of Class A common stock due to an acquisition, Shares								32,673
Issuance of Class A common stock due to an acquisition	781		781	781
Acquisition of non-controlling interests	(218,761)		(18,848)	(18,848)		(17,286)	(199,913)
Acquisition of non-controlling interests, Shares								265,332	4,000,000
Effects of acquisition and reorganization due to TKO Transactions	8,132,527		2,525,239	2,525,239			5,607,288
Non-controlling interests for sale of businesses	(86)					(8,827)	(86)
Equity reallocation between controlling and non-controlling interests		(312)	56,566	56,878			(56,566)
Equity impact of tax receivable agreement for exchanges of EOC units and Endeavor Manager units, and deferred taxes arising from changes in ownership	(13,022)		(13,022)	(13,022)
Issuance of Class A common stock sold in IPO and Private Placement, net of underwriting discounts shares								2,600,000
Ending balance at Dec. 31, 2023	11,507,053	(157)	4,784,706	4,901,922	(117,065)	215,458	6,722,347	$ 3	$ 1	$ 2
Ending Balance (shares) at Dec. 31, 2023								298,698,490	166,569,908	225,960,405
Comprehensive income (loss)	(1,307,210)	(47,866)	(830,280)		(782,414)	18,454	(476,930)
Equity-based compensation	220,302		130,817	130,817			89,485
Issuance of Class A common stock due to exchanges, Shares								10,837,128	(10,870,772)	(10,032,626)
Issuance of Class A common stock due to releases of RSUs								3,004,178
Exercise of stock options, Shares								65,884
Exercise of stock options	1,581		1,581	1,581
Contribution	7,880						7,880
Distributions	(32,227)					(9,066)	(32,227)
Dividends	(108,572)		(73,615)		(73,615)		(34,957)
Accretion of redeemable non- controlling interests	(8,036)		(8,036)	(8,036)		8,036
Acquisition of non-controlling interests	(437,704)						(437,704)
Non-controlling interests for sale of businesses	(1,111)						(1,111)
Taxes paid related to net settlement upon vesting of equity awards	(5,657)						(5,657)
Equity reallocation between controlling and non-controlling interests		(485)	(8,696)	(8,211)			8,696
Equity impact of tax receivable agreement for exchanges of EOC units and Endeavor Manager units, and deferred taxes arising from changes in ownership	17,677		17,677	17,677
Ending balance at Dec. 31, 2024	$ 9,853,976	$ (48,508)	$ 4,014,154	$ 5,035,750	$ (973,094)	$ 232,882	$ 5,839,822	$ 3	$ 1	$ 2
Ending Balance (shares) at Dec. 31, 2024								312,605,680	155,699,136	215,927,779

Consolidated Statements of Re_2

Consolidated Statements of Redeemable Interests and Shareholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Statement of Stockholders' Equity [Abstract]
Dividends, per share	$ 0.06	$ 0.06

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
CASH FLOWS FROM OPERATING ACTIVITIES:
Net (loss) income from continuing operations	$ (532,129)	$ 551,740	$ 310,000
Adjustments to reconcile net (loss) income to net cash provided by operating activities of continuing operations:
Depreciation and amortization	539,052	310,204	248,732
Amortization and write-off of original issue discount and deferred financing cost	17,766	18,433	22,356
Paid in kind interest	3,508	0	0
Amortization of content costs	61,243	45,740	23,202
Impairment charges	75,707	74,912	689
Net loss (gain) on sale/disposal and impairment of assets	134,156	(9,752)	(834)
Loss (gain) on held for sale and business divestitures	9,879	(750,398)	(508,439)
Equity-based compensation expense	214,686	254,028	209,380
Change in fair value of contingent liabilities	(292)	1,812	2,373
Change in fair value of equity investments with and without readily determinable fair value	(3,010)	(870)	(12,240)
Change in fair value of financial instruments	(39,529)	(65,753)	6,660
Equity losses from affiliates	13,940	21,018	223,604
Net (benefit from) provision for allowance for doubtful accounts	(8,400)	5,496	(1,122)
Net loss (gain) on foreign currency transactions	3,380	(14,082)	18,796
Distributions from affiliates	11,677	7,487	7,433
Tax receivable agreement liability adjustment	12,591	(40,635)	873,264
Income taxes	(137,105)	95,269	(703,243)
Other, net	(743)	2,967	(188)
Changes in operating assets and liabilities - net of acquisitions and divestitures:
(Increase)/decrease in receivables	(78,588)	38,643	(197,954)
Decrease/(increase) in other current assets	57,276	(80,869)	(79,946)
Increase in other assets	(291,826)	(77,471)	(46,133)
Decrease/(increase) in deferred costs	376,521	(280,592)	(842)
(Decrease)/increase in deferred revenue	(266,841)	130,298	(326)
Increase in accounts payable and accrued liabilities	302,444	19,028	39,698
Decrease in tax receivable agreement liability	(93,637)	(12,559)	0
Increase in other liabilities	85,783	65,749	46,286
Net cash provided by operating activities from continuing operations	467,509	309,843	481,206
CASH FLOWS FROM INVESTING ACTIVITIES:
Acquisitions, net of cash acquired	2,046	3,499	(684,266)
Purchases of property and equipment	(190,907)	(199,104)	(127,115)
Proceeds from infrastructure improvement incentives	11,000	0	0
Proceeds from business divestitures, net of cash sold	1,500	1,076,737	924,751
Proceeds from sale of assets	48,865	9,740	4,037
Investments in affiliates	(50,498)	(105,491)	(52,130)
Other, net	2,664	2,409	1,940
Net cash (used in) provided by investing activities from continuing operations	(175,330)	787,790	67,217
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings	3,759,063	173,163	15,648
Payments on borrowings	(3,137,761)	(292,030)	(593,712)
Payments under tax receivable agreement	(62,518)	(37,534)	0
Contributions	6,387	5,807	0
Distributions	(41,293)	(70,689)	(36,386)
Repurchase of Class A common stock, including payment of equity forward contract	0	(200,000)	0
Dividends	(108,572)	(54,495)	0
Taxes paid related to net settlement upon vesting of equity awards	(5,657)	0	0
Redemption payments related to pre-IPO units	0	(1,500)	(9,412)
Exercise of stock options	1,581	132	0
Acquisition of non-controlling interests	(442,318)	(237,404)	92,487
Payments of contingent and deferred consideration related to acquisitions	(17,384)	(19,054)	(18,107)
Other, net	(7,210)	(554)	(427)
Net cash used in financing activities from continuing operations	(55,682)	(734,158)	(549,909)
DISCONTINUED OPERATIONS:
Net cash (used in) provided by operating activities	(49,868)	83,754	21,728
Net cash used in investing activities	(53,991)	(57,339)	(771,752)
Net cash used in financing activities	(15,381)	0	0
Net cash flows (used in) provided by discontinued operations	(119,240)	26,415	(750,024)
Change in cash, cash equivalents and restricted cash balances held for sale	0	4,062	24,599
Effect of exchange rate changes on cash, cash equivalents and restricted cash	(12,020)	5,037	(20,132)
Increase (decrease) in cash, cash equivalents and restricted cash	105,237	398,989	(747,043)
Cash, cash equivalents and restricted cash at beginning of year	1,444,982	1,045,993	1,793,036
Cash, cash equivalents and restricted cash at end of year	$ 1,550,219	$ 1,444,982	$ 1,045,993

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Pay vs Performance Disclosure
Net Income (Loss)	$ (782,414)	$ 356,516	$ 129,133

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2024 shares
Trading Arrangements, by Individual
Material Terms of Trading Arrangement	Ariel Emanuel, Chief Executive Officer and Director On October 8, 2024 , Mr. Emanuel terminated a then-existing Rule 10b5-1 trading arrangement, originally adopted on August 31, 2023 and intended to satisfy the affirmative defense of Rule 10b5-1(c) (the "2023 Emanuel Trading Arrangement"). The 2023 Emanuel Trading Arrangement provided for the sale of up to 1,200,000 shares of Class A common stock with a plan end date of November 29, 2024 .
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false
Rule 10b5-1 Arrangement Modified	false
Non-Rule 10b5-1 Arrangement Modified	false
Mr. Emanuel
Trading Arrangements, by Individual
Name	Mr. Emanuel
Title	Chief Executive Officer and Director
Rule 10b5-1 Arrangement Adopted	true
Adoption Date	August 31, 2023
Rule 10b5-1 Arrangement Terminated	true
Termination Date	October 8, 2024
Expiration Date	November 29, 2024
Arrangement Duration	405 days
Aggregate Available	1,200,000

Cybersecurity Risk Management,

Cybersecurity Risk Management, Strategy and Governance	12 Months Ended
	Dec. 31, 2024
Cybersecurity Risk Management, Strategy, and Governance [Line Items]
Cybersecurity Risk Management Processes for Assessing, Identifying, and Managing Threats [Text Block]	Item 1C. Cybersecurity Cybersecurity Risk Management and Strategy We have developed and implemented a cybersecurity risk management program intended to protect the confidentiality, integrity, and availability of our critical systems and information. Our security approach is aligned with applicable security and/or technical requirements and best practices established by National Institute of Standards and Cybersecurity Framework ("NIST CSF"). This does not imply that we meet any particular technical standards, specifications, or requirements, only that our information security team uses the NIST CSF as the framework for helping us to identify, assess, and manage cybersecurity risks relevant to our business. Our cybersecurity risk management program is integrated into our overall enterprise risk management program and is designed to share common methodologies, reporting channels and governance processes that apply across the enterprise risk management program to other legal, compliance, strategic, operational, and financial risk areas. We have a cross-functional team composed of senior IT, cybersecurity and compliance leadership that typically meets on a monthly basis to discuss efforts to identify new or prospective risks, mitigate previously identified risks, and discuss recent cybersecurity events. This cross-functional team reports into an executive steering committee comprised of senior enterprise leadership which meets, at a minimum, quarterly. We use a defense-in-depth strategy across our business applications and systems, including database encryption, encryption for laptops/desktops, endpoint-security solutions including network filtering, anti-virus, endpoint firewalls, endpoint detection/response, patch and security configuration management and monitoring through our use of a Security Information and Event Management ("SIEM") system. The SIEM is monitored by our Security Operations Center ("SOC"). Our network and applications require multi-factor authentication, and logins are monitored for unusual activity by our SOC function. The enterprise network is protected by stateful firewalls, which are also monitored via our SOC. Our dedicated cybersecurity team engages third parties to conduct periodic infrastructure, application, compliance, and security operations testing, and threats/findings are managed through our risk-register and governance processes. Separately, employees are trained to promptly report any suspicious behavior or events to the Company’s Core Security Incident Response team. This team includes IT, cybersecurity, compliance, and risk management team members. The core team oversees the investigation and handling of all reported incidents (which incidents are tracked in real time). If the core team determines that the reported event could potentially impact personally identifiable information processed by the Company, confidential/proprietary information or cause a financial loss, the core team reports the matter to Endeavor’s Cybersecurity Executive Steering Committee, which includes Endeavor’s Chief Administrative Officer, General Counsel, Chief Financial Officer, Chief Accounting Officer, Chief Compliance Officer, Chief Information Officer, Corporate Communications, Corporate Secretary, Senior Vice President ("SVP"), Internal Audit, SVP, Privacy & Cybersecurity, SVP, Cybersecurity, and SVP, Head of Corporate Security. Reported events that may cause a financial loss are also reported to the legal department’s fraud investigation team. The Cybersecurity Executive Steering Committee is charged with managing the Core Security Incident Response Team and determining whether any disclosures may be required as a result of the reported event. Our cybersecurity risk management program, thus, includes: • risk assessments designed to help identify material cybersecurity risks to our critical systems, information, products, services, and our broader enterprise IT environment; • a written cybersecurity incident response plan; • the use of external service providers, where appropriate, to assess, test or otherwise assist with aspects of our security controls; • cybersecurity awareness training of our employees, incident response personnel, and senior management not less often than once per calendar year; • phishing simulations at regular intervals (not less than quarterly) to all users of the company’s email system; and • a third-party risk management process for service providers, suppliers, and vendors which connect to our IT systems or process data on our behalf. This risk management process is designed to review the cybersecurity protocols, policies and preparedness of any vendor that processes personally identifiable information for the company or the company’s confidential or proprietary information or otherwise is connected to any company IT infrastructure before entering an agreement with such vendor and/or at least every 18 months thereafter. Such reviews consist of reviewing SOC2 Type II reports for vendors which maintain them or, for those that don’t, a review of the vendor’s responses to a detailed questionnaire. Upon a review of such responses, the Company’s cybersecurity team may propose contractual remediation obligations to be agreed upon by the vendor. Our continually evolving cybersecurity strategies are informed by multiple threat intelligence resources, the status of ongoing remediation plans, and technical developments. We have not identified risks from known cybersecurity threats , including as a result of any prior cybersecurity incidents, that have materially affected or are reasonably likely to materially affect us, including our operations, business strategy, results of operations, or financial condition. See Part I, Item 1A. "Risk Factors – Risks Related to Our Business — Failure to protect our IT Systems and Confidential Information against breakdowns, security breaches, and other cybersecurity risks could result in financial penalties, legal liability, and/or reputational harm, which would adversely affect our business, results of operations, and financial condition." Cybersecurity Governance Our Board, including the Governing Body, considers cybersecurity risk as part of its risk oversight function and has delegated to the Audit Committee of the Board (the "Audit Committee") oversight of cybersecurity and other information technology risks. The Audit Committee oversees management’s implementation of our cybersecurity risk management program. The Audit Committee receives quarterly reports from management on our cybersecurity risks, and also receives, at least annually, a detailed briefing from management on our cyber risk management program’s status including all strategic initiatives. In addition, management updates the Audit Committee, as necessary, regarding potentially significant cybersecurity incidents consistent with written escalation protocols, as well as incidents with lesser impact potential. The Audit Committee members also receive presentations on cybersecurity topics from our Chief Compliance Officer, Chief Information Officer, internal security staff or external experts as part of the Board’s continuing education on topics that impact public companies. The full Board and the Governing Body receive regular updates regarding the Audit Committee’s activities. Our management team, including our Chief Compliance Officer, Chief Information Officer, SVP, Privacy & Cybersecurity, and SVP, Cybersecurity, is responsible for assessing and managing our material risks from cybersecurity threats . The Chief Information Officer is responsible for implementation and enforcement of written information security policies . The Chief Information Officer has designated leaders, including the SVP, Cybersecurity, to be responsible for overall management of the information security management program, including developing and operating within the defined global information security controls to protect our IT systems, selecting and supervising retained cybersecurity consultants, and working with Legal, Compliance, and Human Resources personnel to develop and launch appropriate information security training of our workforce . Our management team has decades of experience leading and managing cybersecurity teams as well as professional credentials in cybersecurity and data privacy . Our SVP, Privacy & Cybersecurity, leads a team of five dedicated privacy professionals in the Legal department. Our management team supervises efforts to prevent, detect, mitigate, and remediate cybersecurity risks and incidents through various means, which may include briefings from internal security personnel; threat intelligence and other information obtained from governmental, public or private sources, including external consultants engaged by us; and alerts and reports produced by security tools deployed in our IT environment.
Cybersecurity Risk Management Processes Integrated [Flag]	true
Cybersecurity Risk Management Processes Integrated [Text Block]	We have developed and implemented a cybersecurity risk management program intended to protect the confidentiality, integrity, and availability of our critical systems and information. Our security approach is aligned with applicable security and/or technical requirements and best practices established by National Institute of Standards and Cybersecurity Framework ("NIST CSF"). This does not imply that we meet any particular technical standards, specifications, or requirements, only that our information security team uses the NIST CSF as the framework for helping us to identify, assess, and manage cybersecurity risks relevant to our business. Our cybersecurity risk management program is integrated into our overall enterprise risk management program and is designed to share common methodologies, reporting channels and governance processes that apply across the enterprise risk management program to other legal, compliance, strategic, operational, and financial risk areas. We have a cross-functional team composed of senior IT, cybersecurity and compliance leadership that typically meets on a monthly basis to discuss efforts to identify new or prospective risks, mitigate previously identified risks, and discuss recent cybersecurity events. This cross-functional team reports into an executive steering committee comprised of senior enterprise leadership which meets, at a minimum, quarterly.
Cybersecurity Risk Management Third Party Engaged [Flag]	true
Cybersecurity Risk Third Party Oversight and Identification Processes [Flag]	true
Cybersecurity Risk Materially Affected or Reasonably Likely to Materially Affect Registrant [Flag]	false
Cybersecurity Risk Board of Directors Oversight [Text Block]	Our Board, including the Governing Body, considers cybersecurity risk as part of its risk oversight function and has delegated to the Audit Committee of the Board (the "Audit Committee") oversight of cybersecurity and other information technology risks. The Audit Committee oversees management’s implementation of our cybersecurity risk management program. The Audit Committee receives quarterly reports from management on our cybersecurity risks, and also receives, at least annually, a detailed briefing from management on our cyber risk management program’s status including all strategic initiatives. In addition, management updates the Audit Committee, as necessary, regarding potentially significant cybersecurity incidents consistent with written escalation protocols, as well as incidents with lesser impact potential. The Audit Committee members also receive presentations on cybersecurity topics from our Chief Compliance Officer, Chief Information Officer, internal security staff or external experts as part of the Board’s continuing education on topics that impact public companies. The full Board and the Governing Body receive regular updates regarding the Audit Committee’s activities.
Cybersecurity Risk Board Committee or Subcommittee Responsible for Oversight [Text Block]	The full Board and the Governing Body receive regular updates regarding the Audit Committee’s activities.
Cybersecurity Risk Process for Informing Board Committee or Subcommittee Responsible for Oversight [Text Block]	The Audit Committee receives quarterly reports from management on our cybersecurity risks, and also receives, at least annually, a detailed briefing from management on our cyber risk management program’s status including all strategic initiatives. In addition, management updates the Audit Committee, as necessary, regarding potentially significant cybersecurity incidents consistent with written escalation protocols, as well as incidents with lesser impact potential.
Cybersecurity Risk Role of Management [Text Block]	Our management team, including our Chief Compliance Officer, Chief Information Officer, SVP, Privacy & Cybersecurity, and SVP, Cybersecurity, is responsible for assessing and managing our material risks from cybersecurity threats . The Chief Information Officer is responsible for implementation and enforcement of written information security policies . The Chief Information Officer has designated leaders, including the SVP, Cybersecurity, to be responsible for overall management of the information security management program, including developing and operating within the defined global information security controls to protect our IT systems, selecting and supervising retained cybersecurity consultants, and working with Legal, Compliance, and Human Resources personnel to develop and launch appropriate information security training of our workforce . Our management team has decades of experience leading and managing cybersecurity teams as well as professional credentials in cybersecurity and data privacy . Our SVP, Privacy & Cybersecurity, leads a team of five dedicated privacy professionals in the Legal department.
Cybersecurity Risk Management Positions or Committees Responsible [Flag]	true
Cybersecurity Risk Management Positions or Committees Responsible [Text Block]	The Chief Information Officer is responsible for implementation and enforcement of written information security policies
Cybersecurity Risk Management Expertise of Management Responsible [Text Block]	Our management team has decades of experience leading and managing cybersecurity teams as well as professional credentials in cybersecurity and data privacy
Cybersecurity Risk Process for Informing Management or Committees Responsible [Text Block]	The Chief Information Officer has designated leaders, including the SVP, Cybersecurity, to be responsible for overall management of the information security management program, including developing and operating within the defined global information security controls to protect our IT systems, selecting and supervising retained cybersecurity consultants, and working with Legal, Compliance, and Human Resources personnel to develop and launch appropriate information security training of our workforce

DESCRIPTION OF BUSINESS AND ORG

DESCRIPTION OF BUSINESS AND ORGANIZATION	12 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
DESCRIPTION OF BUSINESS AND ORGANIZATION	1. DESCRIPTION OF BUSINESS AND ORGANIZATION Endeavor Group Holdings, Inc. (the "Company" or "EGH") was incorporated as a Delaware corporation in January 2019. The Company was formed as a holding company for the purpose of completing an initial public offering ("IPO") and other related transactions in order to carry on the business of Endeavor Operating Company, LLC (d.b.a. Endeavor) and its subsidiaries (collectively, "Endeavor" or "EOC"). As the sole managing member of Endeavor Manager, LLC ("Endeavor Manager"), which in turn is the sole managing member of EOC, the Company operates and controls all the business and affairs of Endeavor, and through Endeavor and its subsidiaries, conducts the Company’s business. The Company is a global sports and entertainment company. Prior to the IPO, Endeavor was owned by WME Holdco, LLC (which is referred to as "Holdco" herein and is principally owned by executive employees of the Company), affiliates of Silver Lake (which are collectively referred to as "Silver Lake" herein), and other investors and executive employees of the Company. Agreement and Plan of Merger In April 2024, following the Company's review to evaluate strategic alternatives, the Company entered into the Agreement and Plan of Merger, entered into on April 2, 2024, by and among the Company, Endeavor Manager, EOC, Endeavor Executive Holdco, LLC, Endeavor Executive PIU Holdco, LLC, and Endeavor Executive II Holdco, LLC, Wildcat EGH Holdco, L.P., Wildcat OpCo Holdco, L.P., Wildcat PubCo Merger Sub, Inc., Wildcat Manager Merger Sub, L.L.C., and Wildcat OpCo Merger Sub, L.L.C (the “Merger Agreement”). Pursuant to the Merg er Agreement, affiliates of Silver Lake agreed to acquire 100 % of the outstanding shares of the Company's stock that it does not already own (other than certain equity interests held by certain current directors and executive officers of the Company and any other Rollover Holders (as defined therein) (the "Rollover Interests")). Pursuant to the Merger Agreement and subject to the satisfaction or waiver of certain conditions and on the terms set forth therein, equityholders of EGH, EOC and Endeavor Manager are to receive $ 27.50 in cash per share or unit, as applicable. The Merger Agreement also requires the Company to, in each calendar quarter prior to the closing, declare and pay a dividend in respect of each issued and outstanding share of our Class A common stock at a price equal to $ 0.06 per share. Completion of the transactions contemplated by the Merger Agreements (the "Merger-Related Transactions") is subject to certain customary closing conditions, including required regulatory approvals. The Merger Agreement also includes certain covenants of the Company, EOC and Endeavor Manager, including with respect to sales of certain specified assets of the Company (other than with respect to TKO Group Holdings, Inc. ("TKO") and the agency representation business of WME), as well as other customary representations, warranties and covenants by the parties to the Merger Agreement. Upon completion, the Company's common stock will no longer be listed on any public market. Asset dispositions In October 2024, the Company entered into an agreement with TKO and TKO Operating Company, LLC ("TKO OpCo"), pursuant to which TKO OpCo will acquire PBR, On Location, and certain of the IMG businesses for total consideration of $ 3.25 billion, based on the volume-weighted average sales price of TKO Class A common stock for the twenty-five trading days ending on October 23, 2024 (the "TKO Asset Acquisition"). Upon completion of the TKO Asset Acquisition, the Company will receive approximately 26.1 million common units of TKO OpCo and will subscribe for an equal number of shares of TKO Class B common stock, subject to purchase price adjustments to be settled in cash and equity. The TKO Asset Acquisition is expected to close in the first quarter of 2025, subject to the satisfaction or waiver of certain customary closing conditions, including receipt of required regulatory approvals and the affirmative vote of holders of a majority of the voting power of TKO common stock in favor of adopting the transaction agreement (which has been satisfied by delivery of a written consent by such stockholders). The TKO Asset Acquisition will be accounted for as a common control transaction between the companies. See Note 4 for descriptions of additional asset dispositions. Going Concern These financial statements have been prepared on the going concern basis, which assumes that the Company will be able to realize its assets and discharge its liabilities in the normal course of business. The continuation of the Company as a going concern is dependent upon the ability of the Company to refinance or repay its long-term debt, and the attainment of profitable operations. Historically, the Company has relied principally on liquidity generated from operating activities to fund the Company’s day-to-day operations and routine capital expenditures, invest in revenue-generating activities, and service its long-term debt. As of December 31, 2024, the Company had an aggregate of $ 5.7 billion outstanding indebtedness, of which $ 2.2 billion is a term loan scheduled to mature on May 18, 2025 (Note 11). We expect that the term loan then outstanding will be repaid as part of the Merger-Related Transactions or will otherwise be refinanced prior to its maturity. Absent the Company’s ability to secure additional liquidity, extend the maturity of or refinance such term loan, the Company’s operations may be adversely impacted in the event the lenders declare an event of default and exercise their rights and remedies under the first lien credit agreement (Note 11). As a result of the upcoming maturity of the term loan on May 18, 2025, the Company has evaluated plans over the next twelve months beyond the date the accompanying consolidated financial statements are issued to secure additional liquidity which include, but are not limited to, (i) repayment or refinancing of the term loan as part of the Merger-Related Transactions (ii) reducing discretionary capital and operating expenses (iii) obtaining additional facilities from banks and renewal of existing bank borrowings and (iv) proceeds from asset sales. While the Company has had a history of being able to secure additional liquidity or refinance its outstanding indebtedness, the feasibility of some of these plans is contingent upon factors outside of the control of the Company, and as such, this uncertainty raises substantial doubt about the Company's ability to continue as a going concern. The accompanying consolidated financial statements do not include any adjustments that might result from the outcome of these uncertainties. Accordingly, the accompanying consolidated financial statements have been prepared on a basis that assumes the Company will continue as a going concern and which contemplates the realization of assets and satisfaction of liabilities and commitments in the ordinary course of business.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2024
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") for reporting financial inform ation. Principles of Consolidation The consolidated financial statements include the accounts of all wholly-owned subsidiaries and other subsidiaries in which a controlling voting interest is maintained, which is typically present when the Company owns a majority of the voting interest in an entity and the non-controlling interests do not hold any substantive participating rights. In addition, the Company evaluates its relationships with other entities to identify whether they are variable interest entities as defined by Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 810, Consolidation ("ASC 810"), and to assess whether it is the primary beneficiary of such entities. If the determination is made that the Company is the primary beneficiary, then that entity is consolidated. All intercompany transactions and balances have been eliminated. Non-controlling interest in subsidiaries are reported as a component of equity or temporary equity in the consolidated balance sheets with disclosure of the net income (loss) and comprehensive income (loss) attributable to the Company and the non-controlling interests on the consolidated statements of operations and the consolidated statements of comprehensive income (loss). The equity method of accounting is used for investments in affiliates and joint ventures where the Company has significant influence over operating and financial policies but not control. Investments in which the Company does not have significant influence over operating and financial policies are accounted for either at fair value if the fair value is readily determinable or at cost, less impairment, adjusted for subsequent observable price changes if the fair value is not readily determinable. Reclassification Certain reclassifications have been made to the prior periods’ consolidated financial statements in order to conform to the current period presentation, including the recast for discontinued operations (Note 4). These reclassifications did not impact any prior amounts of net income (loss) or cash flows. Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and the accompanying disclosures. Significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, allowance for doubtful accounts, content cost amortization and impairment, the fair value of acquired assets and liabilities associated with acquisitions, the fair value of a disposal group associated with divestitures, the fair value of the Company’s reporting units and the assessment of goodwill, other intangible assets and long-lived assets for impairment, consolidation, investments, redeemable non-controlling interests, the fair value of equity-based compensation, tax receivable agreement liability, income taxes and contingencies. Management evaluates these estimates using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such, these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s consolidated financial statements in future periods. Revenue Recognition The Company’s Owned Sports Properties segment primarily generates revenue via media rights fees, sponsorships, ticket sales, subscriptions, license fees and pay-per-view. The Company’s Events, Experiences & Rights segment primarily generates revenue from media rights sales, production service and studio fees, sponsorships, ticket sales, subscriptions, streaming fees, tuition, profit sharing and commissions. The Company’s Representation segment primarily generates revenue through commissions, packaging fees, marketing and consulting fees, production fees and content licensing fees. The Company’s Sports Data & Technology ("SD&T") segment, which is presented as discontinued operations, primarily generates revenue via streaming and data rights fees, software license fees, and service fees, by providing media, data and technology platforms that offer tailored solutions for sportsbooks as well as proprietary trading and pricing solutions. In accordance with FASB ASC Topic 606, Revenue from Contracts with Customers ("ASC 606"), revenue is recognized when control of the promised goods or services is transferred to the Company’s customers either at a point in time or over time, in an amount that reflects the consideration the Company expects to receive in exchange for those goods or services. For contracts which have more than one performance obligation, the total transaction price, which includes the estimated amount of variable consideration, is allocated based on observable prices or, if standalone selling prices are not readily observable, based on management’s estimate of each performance obligation’s standalone selling price. The variable consideration contained in the Company’s contracts includes sales or usage-based royalties earned on licensing the Company’s intellectual property and commissions earned on sales or usage-based royalties related to representing its clients, which are recognized in accordance with the sales or usage-based royalty exception under ASC 606. The variability related to these royalties will be resolved in the periods when the licensee generates sales or usage related to the intellectual property license. For the Company’s contracts that do not include licensing of intellectual property, the Company either estimates the variable consideration, subject to the constraint, or is using the variable consideration allocation exception if applicable. The following are the Company’s primary sources of revenue. Representation The Company earns commissions on its clients’ earnings from their engagements. As part of the client representation business, the Company represents, supports and advocates for its clients in the sourcing, negotiating, and execution of income generating engagements. The Company’s clients include actors, writers, directors, producers, athletes, models, photographers, musicians and other creative professionals. The Company’s promise, as well as its performance obligation, under the Company’s representation arrangements is to achieve a successful engagement for its clients, which is fulfilled when its clients perform in accordance with the terms of their respective engagements. Accordingly, the Company recognizes commission revenue when a client achieves a successful engagement, as this is when a client also obtains control of the representation service. The Company’s clients may receive a fixed fee for their services or receive a combination of a fixed fee and the potential to earn a back-end profit participation. Such back-end profit participation is generally based on the net profitability from the sales or usage of the intellectual property (e.g., an episodic television series or feature film) in which clients have played a role. The commission the Company receives is calculated based upon the fixed commission rate agreed-upon with the client applied to the client’s earnings successfully achieved for each respective engagement. With respect to arrangements involving a client’s back-end profit participation, the client’s back-end profit participation and, in turn, the Company’s commission is directly tied to the sales or usage of the intellectual property involving its client. Commission revenue from a client’s back-end participation is recognized during the period the profit participation is generated in accordance with the sales and usage-based royalty exception for licenses of intellectual property under ASC 606. The Company earns packaging revenue by playing an integral role in arranging the key creative elements and sale of a program that will be exhibited on broadcast, cable, streaming, video-on-demand or similar platforms. In a package, the Company receives payment directly from the studio for representing the project, and the Company foregoes rights to commission from its represented clients on such project. The Company’s fee in a package typically involves (i) a percentage commission on the initial network license fees for each of the episodes produced in a show that is licensed and broadcast and (ii) a profit participation right equal to a percentage of a contractually defined profitability measure. The commission on the initial network license fee is often subject to a fixed dollar cap per episode. The back-end profit participation is a form of contingent compensation payable out of profits (if any) generated by the packaged program. The Company’s promise, as well as its performance obligation, under packaging arrangements is the successful execution of the project, which is fulfilled when the studio transfers control of each episode of a packaged program to the network. Accordingly, the Company recognizes its commission on the initial network license fee when its customer achieves a successful execution of the project as this is the point in time the Company’s customer obtains control of its service. Commission revenue from participation in back-end profits is directly tied to the sales or usage of the intellectual property licensed by the Company’s customer. Such back-end profit participation is recognized in the period the profit participation is generated in accordance with the sales and usage-based royalty exception for licenses of intellectual property (based on either statements received or management’s estimate if statements are received on a lag). Content Development Revenue from production services and studio fees for the production and licensing of original content, including television properties, documentaries and films, is recognized when the content becomes available for exploitation and has been accepted by the customer. Revenue from production services of live entertainment and sporting events is recognized at the time of the event on a per event basis. Revenue from production services of editorial video content is recognized when the content is delivered to and accepted by the customer and the license period begins. Revenue for license fees that include a royalty is recognized in the period the royalty is generated in accordance with the sales and usage-based royalty exception for licenses of functional intellectual property. Customers for the Company’s production services include broadcast networks, sports federations, independent content producers, and over-the-top streaming service providers among others. Revenue from concept development and advisory services to independent production companies is recognized over the period the services are performed. Content Distribution and Sales The Company is an independent global distributor of sports programming and possesses relationships with a wide variety of broadcasters and media partners around the world. The Company sells media rights globally on behalf of its clients as well as its owned assets, including Ultimate Fighting Championship ("UFC"), World Wrestling Entertainment, Inc. ("WWE") and Professional Bull Riders ("PBR"). For sales of media and broadcast rights for live entertainment and sporting event programming on behalf of clients, the Company has both arrangements in which it is acting as a principal (full rights buy-out model) as well as an agent (commission model). • Full rights buy-out model: For media rights sales in which the Company is acting as a principal, the Company generally will enter into an agreement with the underlying media rights owner to license the media rights prior to negotiating license arrangements with customers, primarily broadcasters and other media distributors. Upon licensing the media rights from the rights owner, the Company obtains control of the rights and has the ability to obtain substantially all the remaining economic benefits of the rights. The Company is also obligated to pay the media rights owner the licensee fee regardless of the Company’s ability to monetize the rights. The Company has discretion in negotiating licensee fees with customers and it retains customer credit risk. The Company recognizes the customer license fees as revenue and the consideration paid to the rights holders for the acquisition of the rights as a direct operating cost. The satisfaction of the performance obligation depends on the number and timing of events delivered and is satisfied when the events take place. • Commission model: For media rights sales in which the Company does not obtain control of the underlying rights, the Company earns a commission equal to a stated percentage of the license fees for the rights distributed. As the Company does not obtain control of the underlying media rights, the Company recognizes the sales commission as revenue. The Company’s performance obligation generally includes distributing the live video feed and revenue is typically recognized on an event basis. For owned assets, the Company enters into media rights agreements with broadcasters and other distributors for the airing of certain programming rights the Company produces. The Company’s media rights agreements are generally for multiple years, include a specified amount of programming (both number of events and duration) and contain fixed annual rights fees. The programming under these arrangements can include several performance obligations for each contract year such as media rights for live event programming, episodic programming, taped programming archives and sponsorship rights at the underlying events. The Company allocates the transaction price across performance obligations based on management’s estimate of the standalone selling price of each performance obligation. License fees from media rights are recognized when the event or program has been delivered and is available for exploitation. The transaction price for live entertainment and sporting event programming rights is generally based on a fixed license fee. Revenues from the sale of subscriptions to UFC FIGHT PASS and WWE Network are recognized ratably over each paid monthly membership period, as the customer benefits from the stand-ready performance obligation evenly throughout the membership period. Deferred revenues consist of subscription fees billed to members that have not been recognized and gift memberships that have not been redeemed. Commission revenue from distribution and sales arrangements for television properties, documentaries and films of independent production companies is recognized when the underlying content becomes available for view or telecast and has been accepted by the customer. Events The Company earns fees from events that it controls in addition to providing event related services to events controlled by third parties. The Company generates revenue primarily through ticket sales and participation entry fees, hospitality and sponsorship sales, and management fees each of which may represent a distinct performance obligation or may be bundled into an experience package. The Company allocates the transaction price to all performance obligations contained within an arrangement based upon their relative stand-alone selling price. For controlled events (owned or licensed), revenue is generally recognized for each performance obligation over the course of the event, multiple events, or contract term in accordance with the pattern of delivery for the particular revenue source. Advance ticket sales, participation entry fees, hospitality sales and bundled experience packages are recorded as deferred revenue pending the event date. Sponsorship income is recognized over the term of the associated event, or events, to which the sponsorship is associated. Revenue from merchandise sales and concessions is recognized when the products are delivered which is generally at point of sale during the event. Where third party vendors provide merchandise sales and concessions for owned events and the Company receives a profit participation on such sales, the Company recognizes the profit participation as revenue. Revenue from pay-per-view programming from owned live sporting events is recorded when the event is aired and is based upon an initial estimate from certain pay-per-view distributors of the number of buys achieved. Pay-per-view programming is distributed through cable, satellite and digital providers to residential and commercial establishments. The Company’s bundled experience packages may include individual tickets, experiential hospitality, hotel accommodations and transportation. For these experience packages, the Company recognizes revenue at the event date when all of the package components have been delivered to the customer. The Company defers the revenue and cost of revenue on experience packages until the date of the event. For services related to third-party controlled events, the Company’s customer is the third-party event owner. The Company earns fixed and/or variable commission revenue for ticket sales, collection of participation entry fees, hospitality sales or sponsorship sales on behalf of an event owner. For these arrangements, the Company recognizes as revenue the stated percentage of commissions due from the event owner (i.e., not the gross ticket sales/earnings from the event itself) as sales are completed, as the Company is acting as an agent of the event owner. The Company also provides event management services to assist third party event owners with producing certain live events, including managing hospitality and sponsorships. The Company earns fixed fees and/or variable profit participation commissions for event management services, and generally recognizes such revenue under the series guidance over the course of the event, multiple events, or contract term in accordance with the pattern of delivery for the service. For event management services, the Company may process payments to third party vendors on behalf of the event owner. The Company accounts for the pass-through of such third-party vendor payments either on a gross or net basis depending on whether the Company obtains control of the third-party vendor’s services. Marketing The Company provides marketing and consultancy services to brands with expertise in brand strategy, activation, sponsorships, endorsements, creative development and design, digital and original content, public relations, live events, branded impact and B2B services. Marketing revenue is either recognized over time, based on the number of labor hours incurred, costs incurred or time elapsed based on the Company’s historical practice of transferring similar services to customers, or at a point in time for live event activation engagements. Consulting fees are typically recognized over time, based on the number of labor hours incurred. Licensing Licensing revenue is generated from royalties or commissions from sales of licensed merchandise by the licensee. The nature of the licensing arrangements is typically for logos, trade names, trademarks and related forms of symbolic intellectual property to include in merchandise sales. Certain of the licensing agreements contain minimum guaranteed fees that are recoupable during the term of the agreement, and variable royalties after the minimum is recouped. The Company recognizes revenue for the fixed consideration over time based on the terms of the arrangement. Variable revenue is recognized during the period the royalty or commission is generated, following the royalty exception for licenses of symbolic intellectual property, based on either statements received or management’s best estimates if statements are received on a lag. Endeavor Streaming Through Endeavor Streaming, the Company offers digital streaming video solutions. The Company’s digital streaming video solutions represent a single performance obligation recognized over time under the series guidance. Revenue is generally recognized upon delivery of the offering to the consumer or over the course of an over-the-top distribution platform subscription agreement term. Revenues from subscription services based on usage, such as data volume, are generally recognized as services are utilized by the customer. Sports Data & Technology Revenue (presented as discontinued operations) Technology platforms revenue includes revenue generated by providing gaming operators licenses for comprehensive sports betting technology solutions enabling end-to-end operation of online sports betting. The Company currently license its technology solutions software, which is functional intellectual property, on a term basis of three to five years and offers its technology solutions based on two different approaches to the market: (i) fixed-fee license; and (ii) revenue-share license. For the fixed-fee license, revenue is recognized over the customer development period and for license renewals upon commencement of the renewal license period. For the revenue-share license, revenue is variable in nature, and as such, revenue is recognized in the period the revenue share is generated in accordance with the sales and usage-based royalty exception for licenses of functional intellectual property. Technology platforms revenue mainly includes technology solutions software, development services and support services. Development services and support services are distinct performance obligations and are recognized over time based on the number of development service hours performed or on a straight-line basis, respectively. The Company allocates the transaction price to the performance obligations contained within an arrangement based upon their relative stand-alone selling price. For the revenue-share licenses, the Company allocates the variable revenue to the license performance obligation. Sports streaming and data revenue includes revenue generated via streaming and data rights fees and by providing information and features that enhance the betting experience. Sports streaming and data revenue is recognized as follows: (i) fixed license fees are recognized when sport matches take place, and (ii) variable fees are recognized in the period the revenue is generated in accordance with the as-invoiced practical expedient. Performance Prior to the sale of the Academy, the Company owned performance facilities used to train and educate athletes. Revenue derived from performance operations was primarily related to membership fees and tuition-based fees (including room and board), which were generally received in advance of the academic year and recorded as deferred revenue. Revenue was recognized ratably over the period of the athletes' membership or attendance at a facility, as the services provided were substantially the same throughout the service period. The Company also provided recruiting and admissions services to high school students and colleges for which the Company earned membership fees. Such fees were either paid upon enrollment or received in monthly installments typically over a 12-month period. Revenue was recognized as services were performed during the term of the contract, which generally ended when a student graduates from high school. Principal versus Agent The Company enters into many arrangements that requires the Company to determine whether it is acting as a principal or an agent. This determination involves judgment and requires evaluation as to whether the Company controls the goods or services before they are transferred to the customer. As part of this analysis, the Company considers if it is primarily responsible for fulfillment and acceptability of the goods or services, if it has the inventory risk before or after the transfer to the customer, and if the Company has discretion in establishing prices. Direct Operating Costs Direct operating costs primarily include third-party expenses associated with the production of events and experiences, content production costs, fees for media rights, including required payments related to media sales agency contracts when minimum sales guarantees are not met, venue rental and related costs associated with the staging of live events, compensation costs for athletes and talent, and material and related costs associated with consumer product merchandise sales. Prior to the sale of the Academy, direct operating costs also included the operations of the Company’s training and education facilities. Selling, General, and Administrative Selling, general and administrative expenses primarily include personnel costs as well as rent, professional service costs and other overhead required to support the Company’s operations and corporate structure. Cash and Cash Equivalents Cash and cash equivalents include demand deposit accounts and highly liquid money market accounts with original maturities of three months or less at the time of purchase. Restricted Cash Restricted cash primarily includes cash held in trust on behalf of clients, which has a corresponding liability called deposits received on behalf of clients in the consolidated balance sheets. Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents are maintained with various major banks and other high-quality financial institutions. The Company periodically evaluates the relative credit standings of these banks and financial institutions. The Company’s accounts receivable are typically unsecured and concentrations of credit risk with respect to accounts receivable are limited due to the large number of individuals and entities comprising the Company’s client base. As of December 31, 2024 and 2023, no single customer accounted for 10 % or more of the Company’s accounts receivable. For the year ended December 31, 2024 , no single customer accounted for 10% of the Company's revenue. For the years ended December 31, 2023 and 2022, there was one customer who accounted for more than 10 % of the Company’s revenue. Accounts Receivable Accounts receivable are recorded at net realizable value. Accounts receivable are presented net of an allowance for doubtful accounts, which is an estimate of expected losses. In determining the amount of the reserve, the Company makes judgments about the creditworthiness of significant customers based on known delinquent activity or disputes and ongoing credit evaluations in addition to evaluating the historical loss rate on the pool of receivables. Accounts receivable includes unbilled receivables, which are established when revenue is recognized, but due to contractual restraints over the timing of invoicing, the Company does not have the right to invoice the customer by the balance sheet date. Deferred Costs Deferred costs principally relate to payments made to event owners and third-party vendors in advance of events taking place, upfront contractual payments and prepayments on media and licensing rights fees and advancements for content production or overhead costs. These costs are recognized when the event takes place or over the respective period of the media and licensing rights. If payments to event owners and third-party vendors are made more than one year in advance of the event, the deferred cost will be classified as other assets in the consolidated balance sheet. Property, Buildings and Equipment Property, buildings and equipment are stated at historical cost less accumulated depreciation. Depreciation is charged against income over the estimated useful lives of the assets using the straight-line method. The estimated useful lives of property, buildings and equipment are as follows: Buildings 35 - 40 years Leasehold improvements Lesser of useful life or lease term Furniture, fixtures, office and other equipment 2 - 28.5 years Production equipment 3 - 7 years Computer hardware and software 2 - 5 years Costs of normal repairs and maintenance are charged to expense as incurred. Leases The Company determines whether a contract contains a lease at contract inception. The right-of-use asset and lease liability are measured at the present value of the future minimum lease payments, with the right-of-use asset being subject to adjustments such as initial direct costs, prepaid lease payments and lease incentives. Due to the rate implicit in each lease not being readily determinable, the Company uses its incremental collateralized borrowing rate to determine the present value of the lease payments. The lease term includes periods covered by options to extend when it is reasonably certain the Company will exercise such options as well as periods subsequent to an option to terminate the lease if it is reasonably certain the Company will not exercise the termination option. Lease expense for lease payments is recognized on a straight-line basis over the lease term for our operating leases and for our finance leases, we record interest expense on the lease liability and straight-line amortization of the right-of-use asset over the lease term. Variable lease costs are recognized as incurred. Operating lease assets are included on our consolidated balance sheets in non-current assets as an operating right-of-use asset and finance lease assets are included in non-current assets as other assets. Operating lease liabilities are included on our consolidated balance sheets in long-term liabilities for the portion that is due on a long-term basis and in current liabilities for the portion that is due within 12 months of the financial statement date. Finance lease liabilities are included in other long-term liabilities for the portion that is due on a long-term basis and in other current liabilities for the portion that is due within 12 months of the financial statement date. Business Combinations The Company accounts for acquisitions in which it obtains control of one or more businesses as a business combination. The purchase price of the acquired businesses, including management’s estimation of the fair value of any contingent consideration, is allocated to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values at the acquisition date. The excess of the purchase price over those fair values is recognized as goodwill. During the measurement period, which may be up to one year from the acquisition date, the Company may record adjustments, in the period in which they are determined, to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recognized in the consolidated statements of operations. Goodwill Goodwill is tested annually as of October 1 for impairment and at any time upon the occurrence of certain events or substantive changes in circumstances that indicate the carrying amount of goodwill may not be recoverable. The Company has the option to perform a qualitative assessment to determine if an impairment is "more likely than not" to have occurred. If the Company can support the conclusion that the fair value of a reporting unit is greater than its carrying amount under the qualitative assessment, the Company would not need to perform the quantitative impairment test for that reporting unit. If the Company cannot support such a conclusion or the Company does not elect to perform the qualitative assessment, then the Company must perform the quantitative impairment test. When the Company performs a quantitative test, it records the amount of goodwill impairment, if any, as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Dec. 31, 2024
Accounting Changes and Error Corrections [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	3. RECENT ACCOUNTING PRONOUNCEMENTS Recently Adopted Accounting Pronouncements In June 2022, the FASB issued Accounting Standard Update ("ASU") 2022-03, Fair Value Measurements (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. This ASU clarifies the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of that security. The amendments in this update were effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. In March 2023, the FASB issued ASU 2023-01, Leases (Topic 842): Common Control Arrangements. This ASU amends certain provisions in Topic 842, Leases, that apply to arrangements between related parties under common control. The amendments in this update were effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. In March 2023, the FASB issued ASU 2023-02, Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force). This ASU allows a reporting entity to elect to account for its tax equity investments by using the proportional amortization method regardless of the program from which it receives income tax credits, provided certain conditions are met. The amendments in this update were effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. In November 2023, the FASB issued ASU 2023-07, Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments in this update were effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Company adopted this guidance for the year ended December 31, 2024 with the comparative periods updated to reflect additional disclosures. See Note 19 for further detail. Recently Issued Accounting Pronouncements In August 2023, the FASB issued ASU 2023-05, Business Combinations – Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement. This ASU addresses the accounting for contributions made to a joint venture, upon formation, in a joint venture’s separate financial statements. The amendments in this update are effective to all joint venture formations with a formation date on or after January 1, 2025. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. This ASU amends the disclosure or presentation requirements related to various subtopics in the FASB Accounting Standards Codification. The effective dates of this ASU depend on the specific codification subtopic and the date on which the SEC’s removal of that related disclosure requirement from Regulation S-X or Regulation S-K becomes effective. Early adoption is prohibited. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In December 2023, the FASB issued ASU 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets. This ASU requires that crypto assets be measured at fair value in the statement of financial position each reporting period with changes from remeasurement recognized in net income. The amendments also require that an entity provide enhanced disclosures for both annual and interim reporting periods. The amendments in this update are effective for all entities for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. The adoption will not have a material effect on the Company’s financial position or results of operations. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This ASU requires that an entity annually disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income or loss by the applicable statutory income tax rate). The amendments in this update are effective for all entities for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In March 2024, the FASB issued ASU 2024-01, Compensation—Stock Compensation (Topic 718). This ASU illustrates how to apply the scope guidance to determine whether a profits interest award should be accounted for as a share-based payment arrange under Accounting Standards Codification ("ASC") 718 or another accounting standard. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2024. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In March 2024, the FASB issued ASU 2024-02 Codification Improvements – Amendments to Remove References to the Concepts Statements. This ASU amends the ASC by removing references to various FASB Concepts Statements to simplify the ASC and draw a distinction between authoritative and non-authoritative literature. The amendments in this update apply to all reporting entities within the scope of the affected accounting guidance and are effective for public entities for fiscal years beginning after December 15, 2024. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. This ASU improves the disclosures about a public business entity’s expenses and addresses requests from investors for more detailed information about the types of expenses in commonly presented expense captions. The amendments in this update are effective for public entities for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In November 2024, the FASB issued ASU 2024-04, Debt — Debt with Conversion and Other Options (Subtopic 470-20) — Induced Conversions of Convertible Debt Instruments. This ASU clarifies the requirements related to accounting for the settlement of a debt instrument as an induced conversion. The amendments in this update are effective for all entities for fiscal years beginning after December 15, 2025, and interim periods within those fiscal years. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements.

DISCONTINUED OPERATIONS AND HEL

DISCONTINUED OPERATIONS AND HELD FOR SALE	12 Months Ended
	Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS AND HELD FOR SALE	4. DISCONTINUED OPERATIONS AND HELD FOR SALE As contemplated in the Merger Agreement with Silver Lake, which was executed in April 2024, the Company initiated a process to sell certain businesses of the Company. Discontinued Operations During the second quarter of 2024, the Company began to actively market its SD&T segment. The SD&T segment includes OpenBet, which specializes in betting engine products, services and technology, processing billions of bets annually, as well as trading, pricing and risk management tools; player account and wallet solutions; innovative front-end user experiences and user interfaces; and content offerings, such as BetBuilder, DonBest pricing feeds and a sports content aggregation platform. As part of OpenBet, IMG ARENA delivers live streaming and data feeds for more than 65,000 sports events annually to sportsbooks, rightsholders and media partners around the globe. This data also powers IMG ARENA's portfolio of on-demand virtual sports products and front-end solutions, including the UFC Event Centre. I n November 2024, the Company entered into an agreement with WME IMG, OB Global Holdings LLC, an entity affiliated with Ariel Emanuel, our Chief Executive Officer, and certain members of OpenBet management, pursuant to which OB Global Holdings LLC will acquire OpenBet and IMG ARENA for total consideration of approximately $ 450.0 million (the "OpenBet Acquisition"), subject to certain adjustments, consisting of (i) a $ 100.0 million cash payment, subject to specified adjustments as set forth in the agreement, and (ii) an unsecured promissory note with a make-whole value of approximately $ 350.0 million upon the occurrence of certain events, including a voluntary prepayment or a change of control of OB Global Holdings LLC. The Company determined the SD&T segment continued to meet the definition of a discontinued operation as of December 31, 2024; and as such, the Company has recast its financial statements to present the SD&T segment as discontinued operations for all periods. The following table presents the aggregate carrying amounts of major classes of assets and liabilities in the consolidated balance sheets related to the SD&T segment as of December 31, 2024 and 2023 (in thousands): December 31, December 31, 2024 2023 Assets of discontinued operations: Accounts receivable $ 111,686 $ 128,933 Deferred costs 39,966 20,963 Other current assets 23,883 20,563 Current assets of discontinued operations 175,535 170,459 Property and equipment, net 35,215 30,262 Operating lease right-of-use assets 8,955 10,691 Intangible assets, net 396,827 400,081 Goodwill 418,730 634,696 Investments (1) 27,018 3,792 Deferred income taxes 182 426 Other assets 18,146 22,219 Valuation allowance ( 525,903 ) — Long-term assets of discontinued operations 379,170 1,102,167 Total assets of discontinued operations $ 554,705 $ 1,272,626 Liabilities of discontinued operations: Accounts payable $ 102,033 $ 125,247 Accrued liabilities 26,014 26,335 Current portion of operating lease liabilities 1,962 2,330 Deferred revenue 42,418 5,225 Other current liabilities 17,479 40,139 Current liabilities of discontinued operations 189,906 199,276 Long-term operating lease liabilities 5,901 8,532 Deferred tax liabilities 74,044 81,188 Other long-term liabilities 14,942 12,657 Long-term liabilities of discontinued operations 94,887 102,377 Total liabilities of discontinued operations $ 284,793 $ 301,653 (1) During the year ended December 31, 2024, the Company committed to funding $ 10.0 million for an investment. The following table presents the statements of operations for the discontinued operations of the SD&T segment for the three years ended December 31, 2024 (in thousands): Year ended December 31, 2024 2023 2022 Revenue $ 371,902 $ 469,380 $ 260,534 Operating expenses: Direct operating costs 237,363 229,700 136,530 Selling, general and administrative expenses 188,082 172,385 80,757 Depreciation and amortization 24,537 51,307 18,042 Impairment charges (1) 205,928 — — Total operating expenses 655,910 453,392 235,329 Operating (loss) income ( 284,008 ) 15,988 25,205 Other (expense) income: Interest income, net 1,336 554 95 Other (expense) income, net (2) ( 537,883 ) 137 ( 4,442 ) (Loss) income from discontinued operations before income taxes and equity losses of affiliates ( 820,555 ) 16,679 20,858 (Benefit from) provision for income taxes ( 138,173 ) 10,950 9,194 (Loss) income from discontinued operations before equity losses of affiliates ( 682,382 ) 5,729 11,664 Equity losses of affiliates, net of tax ( 250 ) — — (Loss) income from discontinued operations, net of tax ( 682,632 ) 5,729 11,664 (Loss) income attributable to non-controlling interests ( 258,418 ) 6,335 4,830 (Loss) income from discontinued operations attributable to Endeavor Group Holdings, Inc. $ ( 424,214 ) $ ( 606 ) $ 6,834 (1) During the year ended December 2024, the Company performed impairment reviews of the SD&T reporting unit due to triggering events. As a result, the Company recorded non-cash impairment charge s of $ 205.9 million in the year ended December 31, 2024 for goodwill driven by lower streaming and data rights projections combined with the transaction method calculation. (2) The Company recorded a $ 525.9 million loss to write-down th e SD&T segment's carrying value to its estimated fair value less costs to sell in the year ended December 31, 2024, respectively. Held For Sale In October 2024, the Company commenced a review and potential sale of certain assets primarily within its events portfolio, including but not limited to the Miami Open and the Madrid Open tennis tournaments, and art platform, Frieze. As a result, such assets and liabilities are reflected as held for sale in the consolidated balance sheet as of December 31, 2024. These businesses and others held for sale are included the Company's Events, Experiences & Rights and Representation segments. The major classes of assets and liabilities held for sale, respectively, in the consolidated balance sheet as of December 31, 2024 were as follows (in thousands): December 31, 2024 Accounts receivable $ 26,336 Deferred costs 10,386 Other current assets 5,170 Property and equipment 43,834 Operating lease right-of-use assets 4,758 Intangible assets, net 462,397 Goodwill 326,763 Deferred income taxes 359 Other assets 901 Total assets held for sale $ 880,904 Accounts payable and accrued expenses $ 35,072 Current portion of operating lease liabilities 1,827 Deferred revenue 44,799 Deposits received on behalf of clients 578 Other current liabilities 1,559 Long-term operating lease liabilities 3,874 Deferred tax liabilities 8,386 Other long-term liabilities 4,214 Total liabilities held for sale $ 100,309

ACQUISITIONS AND DIVESTITURES

ACQUISITIONS AND DIVESTITURES	12 Months Ended
	Dec. 31, 2024
Business Combinations [Abstract]
ACQUISITIONS AND DIVESTITURES	5. ACQUISITIONS AND DIVESTITURES 2024 ACQUISITION In October 2024, the Company completed an acquisition for a total purchase price of $ 94.3 million, which was comprised of $ 45.9 million of cash, $ 45.8 million of contingent consideration, and $ 2.6 million of deferred consideration. The Company recorded $ 46.0 million of goodwill and $ 36.0 million of intangible assets, which have useful lives ranging from 7 to 9 years. The goodwill was assigned to the Company's Representation segment and is not deductible for tax purposes. 2023 ACQUISITIONS World Wrestling Entertainment On September 12, 2023, the Company completed the transactions involving the business combination of WWE, which is a media and entertainment company, and TKO OpCo, which owns and operates the UFC (the "TKO Transactions"). As part of the TKO Transactions, among other things, a new, publicly listed company, TKO, was formed. Upon closing of the TKO Transactions, Endeavor holds a controlling interest in TKO, which became a consolidated subsidiary of the Company. As a result of the TKO Transactions and at the time of closing, (A) EGH and/or its subsidiaries received (1) a 51.0 % controlling non-economic voting interest in TKO on a fully-diluted basis and (2) a 51.0 % economic interest on a fully-diluted basis in the operating subsidiary, TKO OpCo, which owns all of the assets of the UFC and WWE businesses after the closing of the TKO Transactions, and (B) the stockholders of WWE received (1) a 49.0 % voting interest in TKO on a fully-diluted basis and (2) a 100 % economic interest in TKO, which in turn holds a 49.0 % economic interest in TKO OpCo on a fully-diluted basis. WWE is an integrated media and entertainment company that has been involved in the sports entertainment business for four decades . WWE is principally engaged in the production and distribution of unique and creative content through various channels, including content rights agreements for its flagship programs, Raw, SmackDown and NXT, premium live event programming, monetization across social media outlets, live events, and licensing of various WWE themed products. The purchase price was $ 8.4 billion, which consisted of 83,161,123 shares of TKO Class A common stock valued at $ 8.0 billion, cash consideration of $ 321.0 million and replacement awards valued at $ 49.3 million. The cash consideration was paid after closing in September in the form of a dividend. The replacement awards consisted of the WWE restricted stock units and performance stock units outstanding immediately prior to the closing of the TKO Transactions that converted into awards of TKO restricted stock units and performance stock units, respectively, on the same terms and conditions as were applicable immediately prior to the closing of the TKO Transactions. The portion of the fair-value-based measure of the replacement awards that was attributable to pre-combination vesting was purchase consideration. The Company incurred $ 88.8 million in transaction related costs, including transaction bonuses, in connection with this acquisition. The costs were expensed as incurred and included in selling, general and administrative expenses in the consolidated statement of operations. The goodwill for the WWE business combination was assigned to the Company's Owned Sports Properties segment. The goodwill is not deductible for tax purposes. The weighted average life of finite-lived intangible assets acquired as part of the WWE business combination is 20.3 years. Allocation of Purchase Price The acquisition was accounted for as a business combination and the fair values of the assets acquired and liabilities assumed in the business combination are as follows (in thousands): WWE Cash and cash equivalents $ 381,153 Accounts receivable 105,237 Other current assets 89,256 Property, buildings and equipment 398,004 Right of use assets 12,337 Investments 12,007 Other assets 283,287 Intangible assets: Trade names 2,188,200 Customer relationships 900,500 Internally developed technology 30,000 Other 98,300 Goodwill 5,063,068 Accounts payable and accrued expenses ( 124,280 ) Operating lease liability ( 12,224 ) Deferred revenue ( 54,190 ) Deferred tax liabilities ( 663,193 ) Debt ( 16,934 ) Other long-term liabilities ( 258,467 ) Net assets acquired $ 8,432,061 At acquisition date, WWE had finance lease right of use assets of $ 257.4 million and finance lease long term liabilities of $ 255.9 million, which are included in other assets and other long-term liabilities, respectively, in the above table. Unaudited Pro Forma Financial Information The following unaudited pro forma financial information presents the Company’s financial results as if the WWE acquisition had occurred as of January 1, 2022 (in thousands): Year Ended December 31, 2023 2022 Pro forma revenue $ 6,422,771 $ 6,287,521 Pro forma net income (loss) 634,692 ( 80,633 ) The pro forma information includes the historical results of WWE prior to the TKO Transactions and adjustments directly attributable to the business combination. Pro forma adjustments are primarily related to the nonrecurring transaction costs incurred in connection with the TKO Transactions, incremental intangible asset amortization to be incurred based on the fair values and useful lives of each intangible asset, incremental compensation expense for two key executives, including salaries, bonuses and TKO equity awards granted, and incremental equity-based compensation related to the WWE replacement awards. Other 2023 Acquisitions During the year ended December 31, 2023, the Company completed ten other acquisitions, of which two were included as discontinued operations (Note 4). The total purchase price of other acquisitions for continuing operations was $ 72.8 million, which included cash of $ 64.2 million, contingent consideration with a fair value of $ 7.6 million, and deferred purchase price of $ 1.0 million. The Company recorded $ 39.7 million of goodwill and $ 36.4 million of intangible assets, of which the weighted average useful life ranges from 3.0 to 9.0 years. The goodwill was assigned to the Company's Events, Experiences & Rights and Representation segments and is partially deductible for tax purposes. The total purchase price of other acquisitions for discontinued operations was $ 32.2 million, which included cash of $ 24.8 million, deferred purchase price of $ 6.6 million, and the issuance of EGH Class A common stock valued at $ 0.8 million. The Company recorded $ 16.6 million of goodwill and $ 21.3 million of intangible assets, of which the weighted average useful life ranges from 7.5 to 10.8 years. The goodwill was assigned to the Company's Sports Data & Technology segment, which is presented as discontinued operations, and is partially deductible for tax purposes. 2023 DIVESTITURE In the second quarter of 2023, the Company closed the sale of its IMG Academy business ("Academy"), which was an academic and sports training institute and provided recruiting and admissions services to high school student athletes and college athletic departments and admissions officers. The Company received cash proceeds of $ 1.1 billion and divested $ 38.6 million of cash and restricted cash. The Company recorded a net gain of $ 737.0 million, inclusive of $ 5.5 million of transaction costs, which were contingent on the sale closing, in other income, net during the year ended December 31, 2023. The Academy was included in the Company's Events, Experiences & Rights segment prior to the sale. 2022 ACQUISITIONS Diamond Baseball Holdings, Madrid Open, Barrett-Jackson, and OpenBet In January 2022, the Company acquired four additional Professional Development League clubs (the "PDL Clubs"), which were being operated under the Diamond Baseball Holdings ("DBH") umbrella. DBH supported the PDL Clubs' commercial activities, content strategy and media rights. For these four additional PDL Clubs, the Company paid $ 64.2 million in cash. In September 2022, the Company sold the PDL Clubs. In April 2022, the Company acquired the Mutua Madrid Open tennis tournament and additional assets ("Madrid Open"), including the Acciona Open de España golf tournament, from Super Slam Ltd and its affiliates . The Company paid $ 386.1 million for consideration and transfer fees at closing, an additional $ 31.8 million of consideration is payable within two years of closing, of which half was paid in the second quarter of 2023 and the other half was paid in the second quarter of 2024, and $ 0.6 million of contingent consideration is payable within three years of closing. The Madrid Open has been included in held for sale as of December 31, 2024 (Note 4). In August 2022, the Company acquired 55 % of Barrett-Jackson Holdings, LLC ("Barrett-Jackson"), which is engaged in the business of collector car auctions and sales as well as other collector car related events and experiences, in exchange for consideration having an aggregate value of $ 256.9 million. The aggregate consideration consisted of $ 244.4 million of cash and 563,935 newly-issued shares of the Company's Class A common stock valued at $ 12.5 million. In September 2022, the Company acquired the OpenBet business ("OpenBet") of Light & Wonder, Inc. (formerly known as Scientific Games Corporation) ("Light & Wonder"). OpenBet consists of companies that provide products and services to sports betting operators for the purposes of sports wagering. The Company paid consideration to Light & Wonder of $ 843.8 million, consisting of $ 797.1 million of cash and 2,305,794 newly-issued shares of the Company's Class A common stock valued at $ 46.7 million. OpenBet has been included in discontinued operations (Note 4). The Company incurred $ 31.6 million in transaction related costs in connection with these acquisitions. The costs were expensed as incurred and included in selling, general and administrative expenses in the consolidated statement of operations. The goodwill for the PDL Clubs was assigned to the Company's Owned Sports Properties segment and the goodwill for the Madrid Open, Barrett-Jackson, and OpenBet acquisitions was assigned to the Company's Events, Experiences & Rights segment. OpenBet was reclassified to the Company's SD&T segment effective January 1, 2023 and the SD&T segment was subsequently recast as discontinued operations (Note 4). The goodwill is partially deductible for tax purposes. The weighted average life of finite-lived intangible assets acquired for these four PDL Clubs was 18.7 years and the intangibles acquired for Madrid Open are indefinite-lived. The intangibles acquired for Barrett-Jackson and OpenBet include both finite-lived intangibles, which have a weighted average life of 6.2 and 11.6 years, respectively, and indefinite-lived intangibles. Allocation of Purchase Price The acquisitions were accounted for as business combinations and the fair values of the assets acquired and liabilities assumed in the business combinations are as follows (in thousands): DBH Madrid Open Barrett-Jackson OpenBet Cash and cash equivalents $ — $ 18,659 $ 10,783 $ 49,795 Accounts receivable 89 2,123 1,706 50,170 Deferred costs — 1,124 — — Other current assets 491 470 1,386 12,237 Property, buildings and equipment 4,403 162 4,290 4,961 Right of use assets 7,270 — 6,828 8,401 Investments — — — 1,100 Deferred income taxes — — 1,281 Other assets 103 381 — 5,971 Intangible assets: Trade names — — 120,900 67,000 Customer relationships 1,960 — 12,300 134,000 Internally developed software — — 1,300 139,000 Owned events — 407,070 — — Other 35,410 — — 14,300 Goodwill 25,585 14,419 331,150 470,029 Accounts payable and accrued expenses ( 93 ) ( 1,609 ) ( 7,009 ) ( 13,324 ) Other current liabilities ( 56 ) — — ( 13,085 ) Operating lease liability ( 9,470 ) — ( 4,458 ) ( 8,401 ) Deferred revenue ( 1,455 ) ( 20,780 ) ( 667 ) ( 3,756 ) Debt — — ( 11,439 ) — Other long-term liabilities — ( 3,508 ) — ( 75,892 ) Redeemable non-controlling interests — — ( 210,150 ) — Net assets acquired $ 64,237 $ 418,511 $ 256,920 $ 843,787 Other 2022 Acquisitions In May 2022, the Company completed an acquisition for a total purchase price of $ 15.6 million in return for a 73.5 % controlling interest. The Company paid $ 4.6 million in cash and issued 396,917 shares of EGH Class A common stock valued at $ 11.0 million. The Company recorded $ 10.8 million of goodwill and $ 3.4 million of intangible assets, of which the weighted average useful life ranges from 4 to 8 years. The goodwill is partially deductible for tax purposes. The goodwill was assigned to the Company's Events, Experiences & Rights segment and reclassified to the Company's SD&T segment effective January 1, 2023. The SD&T segment was subsequently recast as discontinued operations (Note 4). In September 2022, the Company completed another acquisition for a total purchase price of $ 3.9 million including contingent consideration with a fair value of $ 0.9 million. The Company recorded $ 3.0 million of goodwill and $ 0.8 million of intangible assets, of which the weighted average useful life ranges from 9 to 11 years. The goodwill for this acquisition was assigned to the Company's Events, Experiences & Rights segment and is partially deductible for tax purposes. 2022 DIVESTITURES Endeavor Content In February 2021, the Company signed a new franchise agreement and side letter (the "Franchise Agreements") directly with the Writer’s Guild of America East and the Writer’s Guild of America West (collectively, the "WGA"). These Franchise Agreements included terms that, among other things, prohibited the Company from (a) negotiating packaging deals after June 30, 2022 and (b) having more than a 20 % non-controlling ownership or other financial interest in, or being owned or affiliated with any individual or entity that has more than a 20 % non-controlling ownership or other financial interest in, any entity or individual engaged in the production or distribution of works written by WGA members under a WGA collective bargaining agreement. The Company sold 80 % of its interest in the restricted Endeavor Content business in January 2022. The Company received cash proceeds of $ 666.3 million and divested $ 16.6 million of cash and restricted cash on the date of sale. The retained 20 % interest of the restricted Endeavor Content business is accounted for as an equity method investment and was valued at $ 196.3 million at the date of sale. The fair value of the retained 20 % interest of the restricted Endeavor Content business was determined using the market approach. The key input assumption was the transaction price paid for the Company's 80 % interest in the restricted Endeavor Content business. T he Company recorded a net gain of $ 463.6 million, inclusive of a $ 121.1 million gain related to the remeasurement of the retained interest in the restricted Endeavor Content business to fair value and $ 15.0 million of transaction costs, in other income, net during the year ended December 31, 2022. The restricted Endeavor Content business was included in the Company's Representation segment prior to the sale. Diamond Baseball Holdings In September 2022, the Company closed the sale of the ten PDL Clubs that operated under the DBH umbrella to Silver Lake, stockholders of the Company, for an aggregate purchase price of $ 280.1 million in cash. The Comp any recorded a net gain of $ 23.3 million in other income, net during the year ended December 31, 2022. The business was included in the Company's Owned Sports Properties segment.

SUPPLEMENTARY DATA

SUPPLEMENTARY DATA	12 Months Ended
	Dec. 31, 2024
Organization, Consolidation and Presentation of Financial Statements [Abstract]
SUPPLEMENTARY DATA	6. SUPPLEMENTARY DATA Property, Buildings and Equipment Property, buildings and equipment consisted of the following (in thousands): December 31, 2024 2023 Land $ 50,626 $ 81,246 Buildings and improvements 584,070 650,287 Furniture and fixtures 163,852 166,503 Office, computer, production and other equipment 286,982 260,210 Computer software 184,907 219,982 Construction in progress 55,804 42,858 1,326,241 1,421,086 Less: accumulated depreciation ( 539,984 ) ( 506,441 ) Total property, buildings and equipment, net $ 786,257 $ 914,645 Depreciation of property, buildings and equipment, including amortization of leasehold improvements, was $ 175.4 million, $ 111.5 million and $ 91.7 million during th e years ended December 31, 2024, 2023 and 2022, respectively. Accrued Liabilities The following is a summary of accrued liabilities (in thousands): December 31, 2024 2023 Accrued operating expenses $ 339,483 $ 322,347 Legal settlement (Note 21) 250,000 — Payroll, bonuses and benefits 225,420 256,715 Other 68,504 105,328 Total accrued liabilities $ 883,407 $ 684,390 Valuation and Qualifying Accounts The following table sets forth information about the Company's valuation and qualifying accounts (in thousands): Balance at Additions/ Divestitures / Balance at Beginning to Costs and Foreign Assets Held End of of Year Expenses, Net Deductions Exchange for Sale Year Allowance for doubtful accounts Year Ended December 31, 2024 $ 58,026 $ 12,734 $ ( 19,410 ) $ 6,546 $ ( 1,725 ) $ 56,171 Year Ended December 31, 2023 $ 51,755 $ 25,898 $ ( 13,603 ) $ 775 $ ( 6,799 ) $ 58,026 Year Ended December 31, 2022 $ 54,786 $ 13,841 $ ( 14,963 ) $ ( 1,909 ) $ — $ 51,755 Deferred tax valuation allowance Year Ended December 31, 2024 $ 182,513 $ 35,410 $ — $ ( 715 ) $ — $ 217,208 Year Ended December 31, 2023 $ 171,521 $ 11,064 $ — $ ( 72 ) $ — $ 182,513 Year Ended December 31, 2022 $ 858,932 $ ( 686,369 ) $ — $ ( 1,042 ) $ — $ 171,521 Supplemental Cash Flow The Company’s supplemental cash flow information is as follows (in thousands): Years Ended December 31, 2024 2023 2022 Supplemental information: Cash paid for interest $ 420,068 $ 353,932 $ 242,972 Cash payments for income taxes 123,681 73,654 42,084 Non-cash investing and financing activities: Capital expenditures included in accounts payable and accrued liabilities $ 13,105 $ 57,472 $ 31,922 Contingent consideration provided in connection with acquisitions 45,830 7,637 1,500 Establishment and acquisition of non-controlling interests — 6,331 414,985 Accretion of redeemable non-controlling interests 8,036 ( 6,465 ) 83,225 Investment in affiliates retained from a business divestiture — — 202,220 Deferred consideration in connection with acquisitions 2,567 6,567 31,770 Non-cash contributions from non-controlling interests 1,493 9,000 — Issuance of Class A common stock due to an acquisition — 781 70,254 Acquisition of WWE, net of deferred consideration — 8,111,055 — Items arising from exchanges of EOC units and Endeavor Manager units, and changes in ownership: Establishment of liabilities under tax receivable agreement 21,052 69,465 4,639 Deferred tax asset 38,729 56,443 5,458

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
GOODWILL AND INTANGIBLE ASSETS	7. GOODWILL AND INTANGIBLE ASSETS Goodwill The changes in the carrying value of goodwill are as follows (in thousands): Owned Sports Properties Events, Experiences & Rights Representation Total Balance — December 31, 2022 $ 2,674,038 $ 1,504,976 $ 498,256 $ 4,677,270 Acquisitions 5,063,775 20,539 19,175 5,103,489 Divestiture — ( 235,376 ) — ( 235,376 ) Impairment $ — ( 31,772 ) — ( 31,772 ) Foreign currency translation and other 71 3,526 ( 65 ) 3,532 Balance — December 31, 2023 $ 7,737,884 $ 1,261,893 $ 517,366 $ 9,517,143 (1) Acquisitions — — 46,032 46,032 Impairment — ( 72,207 ) — ( 72,207 ) Assets held for sale — ( 326,763 ) — ( 326,763 ) Foreign currency translation and other ( 2,266 ) ( 509 ) ( 2,020 ) ( 4,795 ) Balance — December 31, 2024 $ 7,735,618 $ 862,414 $ 561,378 $ 9,159,410 (1) (1) Net of accumulated impairment losses of $ 296.6 million and $ 224.4 million as of December 31, 2024 and 2023, respectively. Intangible Assets The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2024 (in thousands): Weighted Average Gross Accumulated Carrying Amortized: Trade names 22.7 $ 3,136,284 $ ( 548,556 ) $ 2,587,728 Customer and client relationships 8.3 2,200,017 ( 1,305,148 ) 894,869 Internally developed technology 2.9 78,530 ( 53,125 ) 25,405 Other 4.0 147,950 ( 81,485 ) 66,465 5,562,781 ( 1,988,314 ) 3,574,467 Indefinite-lived: Trade names 381,789 — 381,789 Owned events 52,289 — 52,289 Total intangible assets $ 5,996,859 $ ( 1,988,314 ) $ 4,008,543 The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2023 (in thousands): Weighted Average Gross Accumulated Carrying Amortized: Trade names 22.7 $ 3,138,390 $ ( 420,798 ) $ 2,717,592 Customer and client relationships 8.3 2,229,807 ( 1,159,370 ) 1,070,437 Internally developed technology 3.2 104,248 ( 68,216 ) 36,032 Other 4.0 149,187 ( 53,994 ) 95,193 5,621,632 ( 1,702,378 ) 3,919,254 Indefinite-lived: Trade names 410,113 — 410,113 Owned events 482,917 — 482,917 Total intangible assets $ 6,514,662 $ ( 1,702,378 ) $ 4,812,284 Intangible asset amortization expense was $ 363.7 million, $ 198.7 million and $ 157.0 million for the years ended December 31, 2024, 2023 and 2022, respectively. Estimated annual intangible amortization for the next five years and thereafter is as follows (in thousands): Years Ending December 31, 2025 $ 302,057 2026 288,308 2027 251,719 2028 232,418 2029 227,541 Thereafter 2,272,424 Total $ 3,574,467 Annual Impairment Assessments During the years ended December 31, 2024, 2023 and 2022, the Company completed its annual impairment review of goodwill and intangibles. For the years ended December 31, 2024 and 2023, the Company recorded total non-cash impairment charges of $ 72.2 million and $ 31.8 million, respectively, for goodwill, and $ 3.5 million and $ 43.1 million, respectively, for intangible assets driven by either the transaction method calculation or lower projections. These impairments charges were recorded in the Company's Events, Experiences & Rights segment. The Company determines the fair value of each reporting unit based on discounted cash flows using an applicable discount rate for each reporting unit, or indications of fair value based on third party bids. Intangible assets were valued based on a relief from royalty method or an excess earnings method. For the year ended December 31, 2022 , the Company did no t record an impairment charge for such review. In connection with certain divestitures, t he Company recorded non-cash impairment charges for goodwill of $ 0.7 million for the year ended December 31, 2022, which was recorded in the Company's Events, Experiences & Rights and Representation segments.

INVESTMENTS

INVESTMENTS	12 Months Ended
	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
INVESTMENTS	8. INVESTMENTS The following is a summary of the Company’s investments (in thousands): December 31, 2024 2023 Equity method investments (1) $ 205,474 $ 199,987 Equity investments without readily determinable fair values 194,834 193,867 Equity investments with readily determinable fair values 676 325 Total investments $ 400,984 $ 394,179 (1) The book value o f four equity method investments exceeded the Company’s percentage ownership share of their underlying net assets by $ 17.2 million, $ 27.3 million, $ 13.2 million and $ 9.6 million as of December 31, 2024 and $ 21.5 million, $ 27.7 million, none and $ 10.6 million as of December 31, 2023 . The basis differences, primarily resulting from acquisition purchase price step-ups on the investments, are accounted for as goodwill, which is not tested for impairment separately. Instead, the investments are tested if there are indicators of an other-than-temporary decline in carrying value. Equity Method Investments As of December 31, 2024 and 2023, the Company held various investments in non-marketable equity instruments of private companies. As of December 31, 2024, the Company’s equity method investments are primarily comprised of the restricted Endeavor Content business (now operating un der the name Fifth Season) and Sports News Television Limited. The Company’s ownership of its equity method investments ranges from 5 % to 50 % as of December 31, 2024 and 2023. In January 2022, in connection with the Company's sale of 80 % of the restricted Endeavor Content business, the Company retained 20 % ownership in the restricted Endeavor Content business ("Fifth Season"). As of December 31, 2024, the Company’s ownership interest is approximately 15 % as a result of an investment made in Fifth Season by a third party investor in December 2023. The Company recognized a $ 10.1 million gain as a result of the reduction of its equity interest in Fifth Season during the year ended December 31, 2023. The investment is accounted for as an equity method investment. The Company’s share of the net loss of Fifth Season for the years ended December 31, 2024 and 2023 and period ended December 31, 2022 were $ 12.4 million, $ 21.2 million, and $ 11.2 million, respectively, and was recognized within equity losses of affiliates in the consolidated statements of operations. In September 2023, Learfield IMG College underwent a recapitalization transaction that resulted in the Company’s ownership interest in Learfield, the recapitalized Learfield IMG College, being reduced from approximately 42 % to approximately 1 %. Subsequent to the recapitalization transaction, the Company accounts for its interest in Learfield as an investment without readily determinable fair value. The Company’s share of the net loss of Learfield IMG College for the years ended December 31, 2023 and 2022 were none , and $ 129.7 million, respectively, and was recognized within equity losses of affiliates in the consolidated statements of operations. The Company's share of the results of Learfield IMG College for the year ended December 31, 2022 included a $ 56.1 million charge as a result of its annual goodwill and indefinite lived intangibles asset impairment test, primarily due to continued losses. During the years ended December 31, 2024, 2023 and 2022, other-than-temporary impairment charges were $ 2.9 million , $ 9.9 million, and $ 84.6 million, respectively, for its equity method investments, which were recognized within equity losses of affiliates in the consolidated statements of operations. Summarized Financial Information The following is a summary of financial data for investments in affiliates accounted for under the equity method of accounting (in thousands): 2024 2023 Current assets $ 809,859 $ 809,291 Non-current assets 1,088,871 1,091,480 Current liabilities 833,161 762,109 Non-current liabilities 437,738 483,441 Years Ended December 31, 2024 2023 2022 Revenue $ 1,427,903 $ 791,337 $ 1,826,585 Income (loss) from operations 31,173 322 ( 211,924 ) Net Loss ( 62,532 ) ( 81,865 ) ( 359,665 ) Equity Investments without Readily Determinable Fair Values As of December 31, 2024 and 2023, the Company holds various investments in non-marketable equity instruments of private companies. During 2024, 2023 and 2022, the Company invested $ 9.6 million, $ 63.2 million and $ 29.4 million, respectively, in investments without readily determinable fair value . For the years ended December 31, 2024, 2023 and 2022 , the Company performed its assessment on its investments without readily determinable fair values and recorded a net increase of $ 2.7 million, $ 0.6 million and $ 13.1 million, respectively, in other income, net in the consolidated statements of operations. The net increase for each year was due to observable price changes, which were partially offset by impairments. For the years ended December 31, 2024, 2023 and 2022, t he Company recorded gains on disposals/sales of $ 3.8 million, $ 1.1 million, and $ 3.3 million, respectively.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2024
Financial Instrument Disclosure [Abstract]
FINANCIAL INSTRUMENTS	9. FINANCIAL INSTRUMENTS The Company enters into forward foreign exchange contracts to hedge its foreign currency exposures on future production expenses denominated in various foreign currencies (i.e., cash flow hedges). The Company also enters into forward foreign exchange contracts that economically hedge certain of its foreign currency risks, even though hedge accounting does not apply or the Company elects not to apply hedge accounting. In addition, the Company enters into interest rate swaps to hedge certain of its interest rate risks on its debt. The Company monitors its positions with, and the credit quality of, the financial institutions that are party to its financial transactions. As of December 31, 2024, the Company had the following outstanding forward foreign exchange contracts (all outstanding contracts have maturities of less than 12 months from December 31, 2024) (in thousands except for exchange rates): Foreign Currency Foreign US Dollar Weighted Average British Pound Sterling £ 13,569 in exchange for $ 17,264 £ 0.79 Euro € 1,950 in exchange for $ 2,132 € 0.91 Singapore Dollar S$ 2,050 in exchange for $ 1,540 S$ 1.33 Canadian Dollar C$ 850 in exchange for $ 627 C$ 1.36 United Arab Emirates Dirham 3,200 د.إ.‏ in exchange for $ 872 د.إ 3.67 For forward foreign exchange contracts designated as cash flow hedges, the Company recognized a net gain in accumulated other comprehensive income (loss) of $ 0.3 million for the year ended December 31, 2022. The Company did no t recognize any gains or losses in accumulated other comprehensive income (loss) for the years ended December 31, 2024 and 2023. The Company reclassified gains of $ 0.8 million into net income for the year ended December 31, 2022. The Company did no t reclassify any gains or losses into net (loss) income for the years ended December 31, 2024 and 2023. For forward foreign exchange contracts not designated as cash flow hedges, the Company recorded net (losses) gains of $( 0.4 ) million, $ 4.5 million and $( 7.2 ) million for the years ended December 31, 2024, 2023 and 2022, respectively. These amounts were included in other income, net in the consolidated statements of operations. In certain circumstances, the Company enters into contracts that are settled in currencies other than the functional or local currencies of the contracting parties. Accordingly, these contracts consist of the underlying operational contract and an embedded foreign currency derivative element. Hedge accounting is not applied to the embedded foreign currency derivative element. The Company recorded net gains (losses) of $ 3.2 million, $ 1.7 million and $( 0.4 ) million for the years ended December 31, 2024, 2023 and 2022, respectively, in other income, net in the consolidated statements of operations. In addition, the Company has entered into interest rate swaps for portions of its 2014 Credit Facilities and other variable interest bearing debt and has designated them cash flow hedges. In June 2023, the Company executed amendments to transition the interest rate swaps on its 2014 Credit Facilities from LIBOR to Term Secured Overnight Financing Rate ("SOFR") with a new average fixed coupon of approximately 2.05 % for $ 1.5 billion of interest rate swaps and approximately 3.10 % for $ 750 million of interest rate swaps. The $ 1.5 billion of interest rate swaps matured during the quarter ended June 30, 2024 and the $ 750 million of interest rate swaps matured during the quarter ended September 30, 2024 . For the years ended December 31, 2024, 2023 and 2022 , the Company recorded net gains of $ 9.7 million, $ 23.2 million and $ 98.6 million, respectively, in accumulated other comprehensive income (loss) and reclassified gains (losses) of $ 36.6 million, $ 59.4 million and $( 5.6 ) million, respectively, into net (loss) income.

FAIR VALUE MEASUREMENTS

FAIR VALUE MEASUREMENTS	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
FAIR VALUE MEASUREMENTS	10. FAIR VALUE MEASUREMENTS The fair value hierarchy is composed of the following three categories: Level 1 —Inputs to the valuation methodology are quoted prices (unadjusted) for identical assets or liabilities in active markets. Level 2 —Inputs to the valuation methodology include quoted prices for similar assets and liabilities in active markets, and inputs that are observable for the asset or liability, either directly or indirectly, for substantially the full term of the financial instrument. Level 3 —Inputs to the valuation methodology are unobservable and significant to the fair value measurements. The following tables present, for each of the fair value hierarchy levels, the Company’s assets and liabilities that are measured at fair value on a recurring basis (in thousands): Fair Value Measurements as of December 31, 2024 Level I Level II Level III Total Assets: Investments in equity securities with readily determinable fair values $ 676 $ — $ — $ 676 Forward foreign exchange contracts — 3,308 — 3,308 Interest rate swaps — 718 — 718 Total $ 676 $ 4,026 $ — $ 4,702 Liabilities: Contingent consideration $ — $ — $ 51,901 $ 51,901 Forward foreign exchange contracts — 2,544 — 2,544 Total $ — $ 2,544 $ 51,901 $ 54,445 Fair Value Measurements as of December 31, 2023 Level I Level II Level III Total Assets: Investments in equity securities with readily determinable fair values $ 325 $ — $ — $ 325 Forward foreign exchange contracts — 1,402 — 1,402 Interest rate swaps — 32,683 — 32,683 Total $ 325 $ 34,085 $ — $ 34,410 Liabilities: Contingent consideration $ — $ — $ 8,103 $ 8,103 Forward foreign exchange contracts — 3,372 — 3,372 Total $ — $ 3,372 $ 8,103 $ 11,475 There have been no transfers of assets or liabilities between the fair value measurement classifications during the year ended December 31, 2024. Investments in Equity Securities with Readily Determinable Fair Values The estimated fair value of the Company’s equity securities with readily determinable fair values is based on observable inputs in an active market, which is a Level 1 measurement within the fair value hierarchy. Contingent Consideration The Company has recorded contingent consideration liabilities in connection with its acquisitions. Contingent consideration is included in current liabilities and other long-term liabilities in the consolidated balance sheets. Changes in fair value are recognized in selling, general and administrative expenses. The estimated fair value of the contingent consideration is based on significant inputs not observable in the market, which represents a Level 3 measurement within the fair value hierarchy. During 2024, contingent consideration increased primarily from the Company's 2024 acquisition (Note 5). Forward Foreign Exchange Contracts The Company classifies its forward foreign exchange contracts within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments (Note 9). As of December 31, 2024 and 2023, the Company had $ 1.3 million and $ 1.3 million in other current assets, $ 2.0 million and $ 0.1 million in other assets, $ 2.5 million and $ 2.2 million in other current liabilities, and none and $ 1.2 million in other long-term liabilities, respectively, recorded in the consolidated balance sheets related to the Company’s forward foreign exchange contracts. Interest Rate Swaps The Company classifies its interest rate swaps within Level 2 as the valuation inputs are based on quoted prices and market observable data of similar instruments (Note 9). The fair value of the swaps was $ 0.7 million and $ 32.7 million as of December 31, 2024 and 2023, respectively, and was included in other assets in the consolidated balance sheets.

DEBT

DEBT	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
DEBT	11. DEBT The following is a summary of outstanding debt (in thousands): December 31, 2024 2023 2014 Credit Facilities: First Lien Term Loan (due May 2025 ) $ 2,213,652 $ 2,243,784 Zuffa Credit Facilities: Zuffa First Lien Term Loan (due November 2031 ) 2,750,000 2,728,766 Other debt ( 3.25 %- 14.50 % Notes due at various dates through 2033 ) 756,546 88,614 Total principal 5,720,198 5,061,164 Unamortized discount ( 24,237 ) ( 11,192 ) Unamortized issuance costs ( 17,830 ) ( 21,661 ) Total debt 5,678,131 5,028,311 Less: current portion ( 2,248,029 ) ( 58,894 ) Total long-term debt $ 3,430,102 $ 4,969,417 2014 Credit Facilities As of December 31, 2024 and 2023, the Company had $ 2.2 billion and $ 2.2 billion, respectively, outstanding under a credit agreement that was entered into in connection with the 2014 IMG acquisition (the "2014 Credit Facilities"). The 2014 Credit Facilities consist of a first lien secured term loan (the "First Lien Term Loan") and a $ 200.0 million secured revolving credit facility (the "Revolving Credit Facility"). In May 2024, the Company entered into an amendment to extend the maturity date of the Revolving Credit Facility from November 18, 2024 to April 2, 2025 and increased the borrowing capacity under the Revolving Credit Facility by $ 50.0 million. Payments under the First Lien Term Loan include 1 % principal amortization that is payable in equal quarterly installments, with any remaining balance payable on the final maturity date of May 18, 2025 . The First Lien Term Loan accrues interest at an annual interest rate of SOFR plus a credit spread adjustment (as defined in the credit agreement) plus 2.75 %, with SOFR floor of 0.00 %. Prior to June 2023, the reference rate was LIBOR. Amounts under the Revolving Credit Facility are available to be borrowed and re-borrowed until its termination date, which is now April 2, 2025 . The Revolving Credit Facility accrues a commitment fee of 0.25 - 0.50 % per annum on the unused balance. Borrowings under the Revolving Credit Facility accrue interest at a rate equal to SOFR plus 2.00 - 2.50 %, depending on the First Lien Leverage Ratio, with a SOFR floor of 0.00 %. Prior to April 2023, the reference rate was LIBOR. During the year ended December 31, 2024, the Company borrowed $ 150.0 million and subsequently repaid $ 150.0 million under its Revolving Credit Facility. The Company had no borrowings outstanding as of December 31, 2024 and 2023 under the Revolving Credit Facility. In September and Dece mber 2022, and July 2023, the Company repaid $ 250.0 million, $ 200.0 million, and $ 32.0 million, respectively, related to the First Lien Term Loan . The 2014 Credit Facilities contain a financial covenant that requires the Company to maintain a First Lien Leverage Ratio of Consolidated First Lien Debt to Consolidated EBITDA, as defined in the credit agreement, of no more than 7.5-to-1 . The Company is only required to meet the First Lien Leverage Ratio if the sum of outstanding borrowings on the Revolving Credit Facility plus outstanding letters of credit exceeding $ 50.0 million that are not cash collateralized exceeds thirty-five percent of the total Revolving Commitments as measured on a quarterly basis, as defined in the credit agreement . This covenant did not apply as of December 31, 2024 and 2023 as the Company had no borrowings outstanding under the Revolving Credit Facility. The Company had outstanding letters of credit under the 2014 Credit Facilities totaling $ 28.2 million and $ 28.9 million as of December 31, 2024 and 2023, respectively. Zuffa Credit Facilities As of December 31, 2024 and 2023, the Company has $ 2.8 billion and $ 2.7 billion, respectively, outstanding under a credit agreement that was entered into in connection with the 2016 Zuffa acquisition (as amended the "Zuffa Credit Facilities"). The Zuffa Credit Facilities consist of a first lien secured term loan (the "Zuffa First Lien Term Loan") and a secured revolving credit facility in an aggregate principal amount of $ 205.0 million (collectively, the "Zuffa Revolving Credit Facility"). The Zuffa Credit Facilities are secured by liens on substantially all of the assets of Zuffa, including WWE. In November 2024, the Company entered into the fifth amendment (the "Fifth Amendment") to the Zuffa Credit Facilities. The Fifth Amendment increased the aggregate principal amount of the Zuffa First Lien Term Loan by $ 44.5 million to $ 2.8 billion, which now matures November 21, 2031. The Fifth Amendment also extended the maturity date of the Zuffa Revolving Credit Facility to November 21, 2029 . Payments under the Zuffa First Lien Term Loan include 1 % principal amortization that is payable in equal quarterly installments, with any remaining balance payable on the final maturity date, November 21, 2031 . Following the refinancing, the Zuffa First Lien Term Loan accrues interest at an annual interest rate of SOFR plus 2.25 %, with a SOFR floor of 0.00 %. Amounts under the amended Zuffa Revolving Credit Facility are available to be borrowed and re-borrowed until its termination date, November 21, 2029. The Zuffa Revolving Credit Facility accrues a commitment fee of 0.25 - 0.50 % per annum on the unused balance. Borrowings under the Zuffa Revolving Credit Facility, as amended, accrue interest at a rate equal to SOFR plus 2.00 - 2.25 %, depending on the First Lien Leverage Ratio (as defined in the credit agreement), with a SOFR floor of 0.00 %. During the year ended December 31, 2024 , the Company borrowed and subsequently fully repaid $ 150.0 million under the Zuffa Revolving Credit Facility. As of December 31, 2024 and 2023, there were no outstanding borrowings and no outstanding letters of credit und er the Zuffa Revolving Credit Facility. The Zuffa Credit Facilities contain a financial covenant that requires Zuffa to maintain, commencing with the fiscal quarter ending June 30, 2025, a First Lien Leverage Ratio of Consolidated First Lien Debt to Consolidated EBITDA, as defined in the credit agreement, of no more than 8.25-to-1 . Prior to the Fifth Amendment, Zuffa was required to maintain a First Lien Leverage Ratio of no more than 6.5-to-1 . Pursuant to the Fifth Amendment, Zuffa is only required to meet the First Lien Leverage Ratio if the sum of outstanding borrowings under the Zuffa Revolving Credit Facility is the greater of (i) $ 85.0 million and (ii) forty percent of the borrowing capacity of the Zuffa Revolving Credit Facility (excluding any letters of credit, whether drawn or undrawn). Prior to the Fifth Amendment, this applicable testing condition was thirty-five percent of the borrowing capacity. This covenant did not apply as of December 31, 2024 and 2023 as Zuffa had no borrowings outstanding under the Zuffa Revolving Credit Facility. Other Debt Margin Loan In September 2024, January Capital HoldCo, LLC, a wholly owned subsidiary of EOC, entered into a new five-year secured credit agreement (as amended, the "Margin Loan Agreement"), which matures on September 13, 2029 . Under the Margin Loan Agreement, the Company may borrow up to $ 2.25 billion in term loans, subject to the borrowing criteria as defined in the agreement. The interest rate on the drawn amount under the Margin Loan Agreement is the 3-month SOFR (as defined therein) plus 3.0 %, payable quarterly. At the Company's election, interest may be paid in cash or in kind by increasing the principal amount of the outstanding borrowings under the Margin Loan Agreement. During the year ended December 31, 2024, $ 3.5 million of interest was paid in kind, increasing the principal amount of the outstanding borrowings. During the year ended December 31, 2024 , the Company borrowed an aggregate of $ 675.1 million under the Margin Loan Agreement. The amount outstanding as of December 31, 2024 was $ 678.6 million. As security for the Margin Loan Agreement, the Company has granted a first-priority lien to the lenders, pro rata to the amount of their commitments, on 83.1 million common units of TKO OpCo and a corresponding number of shares of TKO Class B common stock (collectively, the "Pledged Securities"). If the Company defaults on its obligations under the Margin Loan Agreement, then the lenders can declare all amounts outstanding under the Margin Loan Agreement, with accrued interest, to be immediately due and payable, and if the Company is unable to pay such amounts, the lenders may foreclose on the Pledged Securities and any other collateral that then secures borrowings under the Margin Loan Agreement. On Location Revolver As of December 31, 2024, the Company has an On Location ("OL") revolving credit agreement with $ 42.9 million of borrowing capacity. T he maturity date is the earlier of August 2026 or the date that is 91 days prior to the maturity date of the term loans under the 2014 Credit Facilities. As of December 31, 2024 and 2023, there were no borrowings outstanding under this agreement. The OL revolving credit agreement contains a financial covenant that requires OL to maintain a First Lien Leverage Ratio of Consolidated First Lien Debt to Consolidated EBITDA, as defined in the credit agreement, of no more than 3-to-1 . The Company is only required to meet the First Lien Leverage Ratio if the sum of outstanding borrowings on the OL revolving credit facility plus outstanding letters of credit exceeding $ 2.0 million that are not cash collateralized exceeds forty percent of the total Revolving Commitments as measured on a quarterly basis, as defined in the credit agreement. The financial debt covenant of the OL revolving credit facility did not apply as of December 31, 2024 and 2023 as OL has no borrowings outstanding under the OL revolving credit agreement. OL had no outsta nding letters of credit under the revolving credit agreement as of December 31, 2024 and 2023. In June 2023, the Company executed an amendment of the OL revolving credit facility to replace LIBOR with SOFR. In July 2023, the Company repaid $ 16.9 million for borrowings outstanding under the OL revolving credit agreement as well as paid $ 18.0 million outstanding under other debt arrangements. Zuffa Secured Commercial Loans Zuffa has two loan agreements totaling $ 40.0 million, which were used to finance the purchase of a building and its adjacent land ("Zuffa Secured Commercial Loans"). The Zuffa Secured Commercial Loans have identical terms except one loan is secured by a deed of trust for the Zuffa’s headquarters building and underlying land in Las Vegas and the other loan is secured by a deed of trust for the newly acquired building and its adjacent land, also located in Las V egas. The Zuffa Secured Commercial Loans bear interest at a rate of SOFR plus 1.70 % (with a SOFR floor of 0.88 %) and principal amortization of 4 % is payable in monthly installments with any remaining balance payable on the final maturity date of November 1, 2028 . Prior to May 2023, the reference rate was LIBOR. The Zuffa Secured Commercial Loans contain a financial covenant that requires Zuffa to maintain a Debt Service Coverage Ratio of consolidated debt to Adjusted EBITDA as defined in the loan agreements of no more than 1.15-to-1 as measured on an annual basis. As of December 31, 2024 and 2023, Zuffa was in compliance with its financial debt covenant under the Zuffa Secured Commercial Loans. Debt Maturities The Company will be required to repay the following principal amounts in connection with its debt obligations (in thousands): Years Ending December 31, 2025 $ 2,253,380 2026 35,701 2027 33,264 2028 65,018 2029 709,422 Thereafter 2,623,413 Total $ 5,720,198 2014 Credit Facilities and Zuffa Credit Facilities The 2014 Credit Facilities and the Zuffa Credit Facilities restrict the ability of certain subsidiaries of the Company to make distributions and other payments to the Company. These restrictions do include exceptions for, among other things, (1) amounts necessary to make tax payments, (2) a limited annual amount for employee equity repurchases, (3) distributions required to fund certain parent entities, (4) other specific allowable situations and (5) a general restricted payment basket. As of December 31, 2024, EGH held long-term deferred tax benefits of $ 701.1 million, and a TRA liability of $ 881.5 million, of which $ 130.5 million was classified as current and $ 751.0 million was classified as long-term. As of December 31, 2023 , EGH held cash of $ 40.5 million, long-term deferred income tax benefits of $ 486.2 million, income taxes payable of $ 22.0 million, as well as a TRA liability of $ 990.5 million, of which $ 156.2 million was classified as current and $ 834.3 million was classified as long-term. Otherwise, EGH has no material separate cash flows or assets or liabilities other than the investments in its subsidiaries. All its business operations are conducted through its operating subsidiaries; it has no material independent operations. EGH has no other material commitments or guarantees. As a result of the restrictions described above, substantially all of the subsidiaries’ net assets are effectively restricted in their ability to be transferred to EGH as of December 31, 2024 and 2023, respectively. As of December 31, 2024 and 2023, the Company’s First Lien Term Loan under the 2014 Credit Facilities and Zuffa’s First Lien Term Loan under its Credit Facilities had an estimated fair value of $ 5.0 billion and $ 5.0 billion, respectively. The estimated fair values of the Company’s First Lien Term Loan under the 2014 Credit Facilities and Zuffa’s First Lien Term Loan under its Credit Facilities are based on quoted market values for the debt. Since the First Lien Term Loan under the 2014 Credit Facilities and Zuffa’s First Lien Term Loan under its Credit Facilities do not trade on a daily basis in an active market, fair value estimates are based on market observable inputs based on quoted market prices and borrowing rates currently available for debt with similar terms and average maturities, which are classified as Level 2 under the fair value hierarchy.

SHAREHOLDERS' EQUITY

SHAREHOLDERS' EQUITY	12 Months Ended
	Dec. 31, 2024
Limited Liability Company (LLC) Members' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
SHAREHOLDERS'/ MEMBERS' EQUITY	12. SHAREHOLDERS' EQUITY As of December 31, 2024 and 2023, EGH has the following common stock: Class of Common Stock Par Value Votes Economic Rights Class A common stock $ 0.00001 1 Yes Class B common stock $ 0.00001 None Yes Class C common stock $ 0.00001 None Yes Class X common stock $ 0.00001 1 None Class Y common stock $ 0.00001 20 None Voting shares of EGH’s common stock will generally vote together as a single class on all matters submitted to a vote of our stockholders. Stock Repurchases In May 2023, the Company approved an event-driven repurchase authorization that permitted the Company to repurchase shares of our Class A common stock in an aggregate amount of up to $ 300.0 million, with the proceeds from the sale of the Academy. Under this repurchase authorization, the Company was permitted to make purchases at any time and from time to time in the open market, by block purchases, in privately negotiated transactions, including under plans complying with Rules 10b5-1 or 10b-18 under the Securities Exchange Act of 1934, as amended, or in such other manner as determined by the Company with the amount and timing of repurchases to be determined at its discretion, depending on market conditions and corporate needs. In September 2023, the Company expanded the repurchase authorization to also include repurchases of EOC units, and in October 2023, the Company redeemed 4.0 million EOC common units for $ 93.6 million. In August 2023, the Company entered into an accelerated share repurchase agreement with a financial institution. During the third quarter of 2023, the Company repurchased 6.5 million shares of its Class A common stock for an aggregate amount of $ 200.0 million under this share repurchase agreement. The accelerated share repurchase agreement was accounted for as a repurchase, which was recognized in accumulated deficit, and as an equity forward contract indexed to the Company’s Class A common stock. The equity forward contract was initially classified as an equity instrument and was recognized in additional paid in capital. In December 2023, upon final settlement of the equity forward contract, the Company received 2.6 million additional shares of its Class A common stock, at which point the equity gain on the equity forward contract was recognized in accumulated deficit. Following the final settlement of this $ 200.0 million accelerated share repurchase as well as the repurchase of $ 93.6 million in EOC units in October 2023 referenced above, the Company's activity under the repurchase authorization was completed and, as of December 31, 2023, no amount remained under the repurchase authorization.‌ Dividends Since the quarter ended September 2023, the Company has declared and paid quarterly cash dividends. The dividends were paid from EOC to its common unit holders, including EGH, which, in turn, paid its portion as dividends to holders of shares of the Company's Class A common stock. Non-controlling Interests As discussed in Note 5, in September 2023, the Company completed the TKO Transactions. As a result and at the time of closing, (A) EGH and/or its subsidiaries received (1) a 51.0 % controlling non-economic voting interest in TKO on a fully-diluted basis and (2) a 51.0 % economic interest on a fully-diluted basis in TKO OpCo, and (B) the stockholders of WWE received (1) a 49.0 % voting interest in TKO on a fully-diluted basis and (2) a 100 % economic interest in TKO, which in turn holds a 49.0 % economic interest in TKO OpCo on a fully-diluted basis. The Company's nonredeemable non-controlling interests was adjusted in 2023 to reflect the TKO Transactions. In December 2024, the Company purchased 863,847 shares of TKO Class A common stock for an aggregate purchase price of $ 125.6 million. In April 2024, the Company purchased 1,642,970 shares of TKO Class A common stock held by Vincent K. McMahon at a per share price of $ 89.01 for an aggregate amount of $ 146.2 million. In April 2024, TKO purchased 1,853,724 shares of TKO Class A common stock held by Mr. McMahon at a per share price of $ 89.01 for an aggregate amount of $ 165.0 million and retired such shares. In November 2023, TKO repurchased 1,308,729 shares of its Class A Common Stock for an aggregate purchase price of approximately $ 100.0 million, which was funded with approximately $ 100.0 million of borrowings under the Zuffa Revolving Credit Facility and was repaid in December 2023. In October 2024, TKO announced that its board of directors authorized a share repurchase program of up to $ 2.0 billion of its Class A common stock and the approval of a quarterly cash dividend program pursuant to which holders of TKO Class A common stock will receive their pro rata share of $ 75.0 million expected quarterly distributions to be made by TKO OpCo. TKO will determine at its discretion the timing and the amount of any repurchases based on its evaluation of market conditions, share price, and other factors. Repurchases under the share repurchase program may be made in the open market, in privately negotiated transactions or otherwise, and TKO is not obligated to acquire any particular amount under the share repurchase program. The share repurchase program has no expiration, is expected to be completed within approximately three to four years and may be modified, suspended, or discontinued at any time. TKO's dividend will be paid quarterly to holders of TKO Class A common stock. In February 2025, TKO announced that its inaugural quarterly cash dividend would be paid on March 31, 2025. Future declarations of quarterly dividends are subject to the determination and discretion of TKO based on its consideration of various factors, such as its results of operations, financial condition, market conditions, earnings, cash flow requirements, restrictions in its debt agreements and legal requirements and other factors that TKO deems relevant.

REDEEMABLE NON CONTROLLING INTE

REDEEMABLE NON CONTROLLING INTERESTS	12 Months Ended
	Dec. 31, 2024
Temporary Equity Disclosure [Abstract]
REDEEMABLE NON-CONTROLLING INTERESTS	13. REDEEMABLE NON-CONTROLLING INTERESTS On Location In connection with the acquisition of On Location Events, LLC, dba On Location ("OL"), in January 2020, the Company entered into the OL LLC Agreement of OLE Parent with 32 Equity, LLC ("32 Equity"). The terms of the agreement provided 32 Equity with certain rights to put its common units in OLE Parent to the Company upon a termination of the Commercial License Agreement ("CLA") or at its option at any time following the Lockup Period as defined. The Company also had certain call rights to require 32 Equity to sell its common units in OLE Parent to the Company upon a termination of the CLA in the event the aforementioned put rights were not exercised. The put/call price was an amount equal to fair market value and the exercise of these put/call rights would have given rise to an obligation of the Company to make a premium payment to 32 Equity in certain circumstances. The premium payment was recognized as a separate unit of account from the non-controlling interest. In April 2022, a series of transactions was completed between the Company and 32 Equity. Per the terms of the OL LLC Agreement, 32 Equity had the right to purchase additional common units in OLE Parent from the Company that would result in 32 Equity having an aggregate ownership percentage interest in OLE Parent of 32 % at a price per unit equal to the original acquisition price of its rollover equity. 32 Equity exercised such right and paid the Company cash of $ 87.9 million. Following this exercise, EOC issued 8,037,483 EOC common units (and 32 Equity obtained an equal number of paired shares of the Company's Class X common stock) in exchange for 32 Equity's non-controlling interests of OLE Parent. The aggregate value of the shares was $ 223.7 million based on the volume-weighted average trading price of the Class A common stock for thirty days ending on the day before the close. The Company and 32 Equity also agreed to settle the premium contingent consideration resulting in the Company paying 32 Equity $ 24.0 million in cash. In addition, the Company issued 495,783 shares of Class A common stock to several employees of the Company in exchange for the employees' direct or indirect interests in OLE Parent based on the same valuation. As a result of these transactions, OLE Parent became an indirect wholly-owned subsidiary of EOC. China In June 2016, the Company received a contribution of $ 75.0 million from third parties in a newly formed subsidiary of the Company that was formed to expand the Company’s existing business in China ("Endeavor China"). This contribution gave the non-controlling interests holders approximately 34 % ownership of the subsidiary. The holders of the non-controlling interests had the right to put their investment to the Company at any time after June 1, 2023 for fair market value. In April 2022, the Company issued 5,693,774 shares of Class A common stock in exchange for the non-controlling partnership interests of Endeavor China. The aggregate value of the shares was $ 158.5 million based on the volume-weighted average trading price of the Class A common stock for thirty days ending on the day before the close. In addition, EOC issued 659,896 common units in EOC to several employees of the Company, including members of management (and such employees obtained an equal number of paired shares of the Company's Class X common stock), in exchange for the employees' direct or indirect interests in Endeavor China based on the same valuation. As a result of these transactions, Endeavor China became an indirect wholly-owned subsidiary of EOC. Barrett-Jackson In connection with the acquisition of Barrett-Jackson in August 2022 (Note 5 ), the terms of the agreement provide the sellers a put option to sell their remaining ownership to IMG Auction Company, LLC, a subsidiary of the Company. The first election is between April and July 2029 for 29.9 % of the total issued and outstanding units of Barrett-Jackson at that time and the second election is between April and July 2031 for any remaining ownership at that time. The purchase price of the put right is equal to Barrett-Jackson's EBITDA, as defined, multiplied by 13 . This redeemable non-controlling interest was recognized at the acquisition date at fair value of $ 210.1 million. As of December 31, 2024 and 2023, the estimated redemption value was below the carrying value of $ 211.0 million and $ 203.9 million, respectively. Zuffa In July 2018, the Company received a contribution of $ 9.7 million from third parties (the "Russia Co-Investors") in a newly formed subsidiary of the Company (the "Russia Subsidiary") that was formed to expand the Company’s existing business in Russia and certain other countries in the Commonwealth of Independent States. The terms of this contribution provide the Russia Co-Investors with a put option to sell their ownership in the Russia Subsidiary beginning five years and nine months after the consummation of the contribution. The purchase price of the put option is the greater of the total investment amount, defined as the Russia Co-Investors’ cash contributions less cash distributions, or fair value. As of December 31, 2024 and 2023, the estimated redemption value was $ 21.9 million and $ 11.2 million, respectively. Frieze In connection with the acquisition of Frieze in 2016, the terms of the agreement provide the sellers with a put option to sell their remaining 30 % interest after fiscal year 2020. The Company also had a call option to buy the remaining 30 % interest after fiscal year 2020 or upon termination of employment of the sellers who continued to be employees of Frieze after the acquisition. The price of the put and call option was equal to Frieze’s prior year’s EBITDA multiplied by 7.5 . In May 2023, the Company exercised its call option to purchase the remaining 30 % interest for $ 16.5 million.

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
EARNINGS PER SHARE	14. EARNINGS PER SHARE Basic earnings per share is calculated utilizing net (loss) income from continuing operations, net (loss) income from discontinued operations, or net (loss) income, available to common stockholders of the Company, divided by the weighted average number of shares of Class A Common Stock outstanding during the same period. Diluted EPS is calculated by dividing the net (loss) income from continuing operations, net (loss) income from discontinued operations, or net (loss) income, available for common stockholders, by the diluted weighted average shares outstanding for that period. The Company excludes securities from the calculation of diluted earnings per share if the effect of including such instruments is antidilutive. The computation of earnings per share and weighted average shares of the Company’s common stock outstanding for the period presented below (in thousands, except share and per share data): Year ended Year ended Year ended Numerator for basic (loss) earnings per share Numerator for continuing operations Net (loss) income from continuing operations $ ( 532,129 ) $ 551,740 $ 310,000 Less: Net (loss) income attributable to noncontrolling interests ( 173,929 ) 194,618 187,701 Net (loss) income from continuing operations attributable to the Company ( 358,200 ) 357,122 122,299 Adjustment to net (loss) income attributable to the Company 563 313 5,497 Net (loss) income from continuing operations attributable to EGH common shareholders- Basic $ ( 357,637 ) $ 357,435 $ 127,796 Numerator for discontinued operations Net (loss) income from discontinued operations $ ( 682,632 ) $ 5,729 $ 11,664 Less: Net (loss) income attributable to noncontrolling interests ( 258,418 ) 6,335 4,830 Net (loss) income from discontinued operations attributable to the Company ( 424,214 ) ( 606 ) 6,834 Adjustment to net (loss) income attributable to the Company 836 — — Net (loss) income from discontinued operations attributable to EGH common shareholders- Basic $ ( 423,378 ) $ ( 606 ) $ 6,834 Net (loss) income attributable to EGH common shareholders for basic (loss) earnings per share $ ( 781,015 ) $ 356,829 $ 134,630 Year ended Year ended Year ended Numerator for diluted (loss) earnings per share Numerator for continuing operations Net (loss) income from continuing operations $ ( 532,129 ) $ 551,740 $ 310,000 Less: Net (loss) income attributable to noncontrolling interests 24,591 23,379 191,900 Net (loss) income from continuing operations attributable to the Company ( 556,720 ) 528,361 118,100 Adjustment to net (loss) income attributable to the Company ( 38 ) 313 5,497 Net (loss) income from continuing operations attributable to EGH common shareholders- Diluted $ ( 556,758 ) $ 528,674 $ 123,597 Numerator for discontinued operations Net (loss) income from discontinued operations $ ( 682,632 ) $ 5,729 $ 11,664 Less: Net (loss) income attributable to noncontrolling interests ( 614 ) 6,335 4,830 Net (loss) income from discontinued operations attributable to the Company ( 682,018 ) ( 606 ) 6,834 Adjustment to net (loss) income attributable to the Company 39,989 — — Net (loss) income from discontinued operations attributable to EGH common shareholders- Diluted $ ( 642,029 ) $ ( 606 ) $ 6,834 Net (loss) income attributable to EGH common shareholders for diluted (loss) earnings per share $ ( 1,198,787 ) $ 528,068 $ 130,431 Year ended Year ended Year ended Denominator for basic and diluted (loss) earnings per share Weighted average Class A Common Shares outstanding - Basic 305,400,277 298,915,993 281,369,848 Additional shares assuming exchange of all EOC Profits Units — 802,961 1,567,981 Additional shares from RSUs, Stock Options and Phantom Units, as calculated using the treasury stock method — 2,178,731 1,870,980 Additional shares assuming exchange of all Endeavor Operating Units and Endeavor Manager Units 146,778,228 157,836,630 — Additional shares assuming redemption of redeemable non-controlling interests — 5,128,584 2,899,023 Weighted average number of shares used in computing diluted (loss) earnings per share 452,178,505 464,862,899 287,707,832 Year ended Year ended Year ended (Loss) earnings per share Basic (loss) earnings per share from continuing operations $ ( 1.17 ) $ 1.19 $ 0.46 Basic (loss) earnings per share from discontinued operations ( 1.39 ) — 0.02 Basic ( 2.56 ) 1.19 0.48 Diluted (loss) earnings per share from continuing operations ( 1.23 ) 1.14 0.43 Diluted (loss) earnings per share from discontinued operations ( 1.42 ) — 0.02 Diluted ( 2.65 ) 1.14 0.45 Year ended Year ended Year ended Securities that are anti-dilutive for the period Stock Options 3,981,606 4,083,844 2,512,767 Unvested RSUs 9,027,439 1,111,228 1,244,709 Manager LLC Units — — 23,242,032 EOC Common Units 186,246 — 141,711,612 EOC Profits Interest & Phantom Units 15,461,104 — — Redeemable Non-Controlling Interests 4,888,092 — — Accelerated share repurchase agreement — ( 948,343 ) —

EQUITY BASED COMPENSATION

EQUITY BASED COMPENSATION	12 Months Ended
	Dec. 31, 2024
Share-Based Payment Arrangement [Abstract]
EQUITY BASED COMPENSATION	15. EQUITY BASED COMPENSATION The Board grants various awards to certain employees and service providers for their time and commitment to the Company. The awards are designed to share in the equity value appreciation of the Company and are granted under various plans either directly by the Company, a Company subsidiary or indirectly through various management Holdco entities. Prior to the IPO, awards granted were in the form of common units, profits units or an equivalent to a profits unit (membership interest or phantom unit) that corresponds to common units or profits units as applicable. In connection with the IPO, the Company’s board of directors adopted the 2021 Incentive Award Plan (the "2021 Plan"). The 2021 Plan became effective on April 28, 2021 and was amended and restated effective April 24, 2023. As of December 31, 2024, the Company authorized a total o f 37,747,145 sha res of Class A common stock under the 2021 Plan. Pursuant to the Transactions involving the business combination of WWE and TKO OpCo, TKO’s Board of Directors approved and adopted the TKO Group Holdings, Inc. 2023 Incentive Award Plan (the "TKO 2023 Plan") on September 12, 2023. A total of 10,000,000 shares of TKO Class A common stock have been authorized for issuance under the TKO 2023 Plan. In addition, TKO converted each WWE equity award of restricted stock units (RSUs) and performance stock units (PSUs) held by WWE directors, officers and employees into TKO RSUs and PSUs of equal value and vesting conditions (with such performance-vesting conditions equitably adjusted), respectively (the "Replacement Awards"). Additionally, the board of certain consolidated subsidiaries grant awards through plans in the form of profits units or phantom units that corresponds to profits units, designed to share in the equity value appreciation of each respective subsidiary. Equity-based compensation by plan and total amounts included in selling, general and administrative expenses were as follows (in thousands): Years Ended December 31, 2024 2023 2022 2021 Incentive Award Plan $ 126,119 $ 200,278 $ 180,757 Pre-IPO equity awards 857 2,783 17,250 TKO 2023 Plan 59,964 6,724 — WWE Replacement Awards 27,746 31,747 — Other various subsidiaries awards — 12,496 11,373 Total equity-based compensation expense $ 214,686 $ 254,028 $ 209,380 As of December 31, 2024, total unrecognized compensation cost for unvested awards and the related remaining weighted average period for expensing is summarized below: Unrecognized Compensation Costs (in thousands) Period Remaining (in years) 2021 Incentive Award Plan $ 195,184 2.16 Pre-IPO equity awards 1,174 0.63 TKO 2023 Plan 140,395 2.16 WWE Replacement Awards 20,878 0.96 Total equity-based unrecognized compensation costs $ 357,631 Valuation Techniques For time-based vesting RSUs and restricted share awards (RSAs), the Company used the closing share price on the date of grant. For RSUs with market-based vesting conditions, the Company used a Monte Carlo simulation model to determine the fair value and the derived service periods of these awards. The Company estimates the fair value of each stock option (and prior to the IPO, each award) on the date of grant using a Black-Scholes option pricing model. Management is required to make certain assumptions with respect to selected model inputs. Expected volatility is based on comparable publicly traded companies’ stock movements. The expected life represents the period of time that the respective awards are expected to be outstanding. The risk-free interest rate is based on the U.S treasury yield curve in effect at the time of grant. All stock options exercised will be settled in Class A common stock. No stock options were granted during the year ended December 31, 2024. The key assumptions used for units granted in the years ended December 31, 2023 and 2022 are as follows: Risk-free Expected Expected Life Expected 2021 Incentive Award Plan Year Ended December 31, 2023 3.47 % 42.0 % 6.00 0 % Year Ended December 31, 2022 1.85 %- 1.89 % 40.9 % 6.00 0 % 2021 Incentive Award Plan The terms of each award, including vesting and forfeiture, are fixed by the administrator of the 2021 Plan. Key grant terms include one or more of the following: (a) time-based vesting over a two to five year period or full vesting at grant; (b) market-based vesting conditions at graduated levels upon the Company’s attainment of certain market price per share thresholds; and (c) expiration dates (if applicable). Granted awards may include time-based vesting conditions only, market-based vesting conditions only, or both. The following table summarizes the RSUs and RSAs award activity for the year ended December 31, 2024: Time Vested RSUs, RSAs Market/ Market and Time Vested RSUs Units Value * Units Value * Outstanding at January 1, 2024 7,471,604 $ 26.12 1,092,614 $ 25.35 Granted 4,210,272 $ 24.83 — $ — Released ( 3,027,023 ) $ 24.81 — $ — Forfeited ( 491,944 ) $ 23.74 ( 164,480 ) $ 25.61 Outstanding at December 31, 2024 8,162,909 $ 26.08 928,134 $ 25.31 Vested and releasable at December 31, 2024 428,460 $ 28.00 — $ — * Weighted average grant date fair value The following table summarizes the stock options award activity for the year ended December 31, 2024: Stock Options Options Weighted average Outstanding at January 1, 2024 4,083,844 $ 25.49 Exercised ( 65,884 ) $ 24.00 Forfeited or expired ( 36,354 ) $ 27.49 Outstanding at December 31, 2024 3,981,606 $ 25.50 Vested and exercisable at December 31, 2024 3,668,417 $ 25.17 The weighted average grant-date fair value of stock options granted under the Company’s 2021 Plan during the years ended December 31, 2023 and 2022 was $ 9.92 and $ 12.57 , respectively. No stock options were granted during the year ended December 31, 2024. The total grant-date fair value of RSUs and stock options which vested during the years ended December 31, 2024, 2023 and 2022 was $ 83.0 million, $ 152.3 million and $ 96.2 million, respectively. The aggregate intrinsic value of vested RSUs and stock options as of December 31, 2024 was $ 35.8 million. The total intrinsic value of options exercised during the years ended December 31, 2024, 2023 and 2022 was $ 0.3 million, less than hundred thousand , and no ne, respectively. TKO 2023 Plan The TKO 2023 Plan provides for the grant of incentive or non-qualified stock options, stock appreciation rights, restricted stock, RSUs, other stock or cash-based awards and dividend equivalents. Awards may be granted under the TKO 2023 Plan to directors, officers, employees, consultants, advisors and independent contractors of TKO and its affiliates (including TKO OpCo and its subsidiaries). The terms of each award, including vesting and forfeiture, are determined by the administrator of the TKO 2023 Plan. Key grant terms include time-based vesting over a six-month to four-year period. The following table summarizes the RSU TKO Plan Awards activity for the year ended December 31, 2024: Time Vested RSUs Units Value * Outstanding at January 1, 2024 935,536 $ 91.23 Granted 1,630,439 $ 91.95 Vested ( 416,450 ) $ 88.14 Forfeited ( 42,516 ) $ 85.86 Outstanding at December 31, 2024 2,107,009 $ 92.51 Vested and releasable at December 31, 2024 267,150 $ 78.22 * Weighted average grant date fair value WWE Replacement Awards The value of the Replacement Awards was determined using the closing price of WWE Class A common stock, par value $ 0.01 per share ("WWE Class A common stock"), on the day immediately preceding the closing of the Transactions. The portion of the Replacement Awards issued in connection with the Transactions that was associated with services rendered prior to the date of the Transactions was included in the total consideration transferred, as described i n Note 5. The remaining unvested portion of the Replacement Awards, equity-based compensation costs of RSUs are recognized over the total remaining service period on a straight-line basis. Unvested Replacement Awards accrue dividend equivalents at the same rate as are paid on shares of TKO Class A common stock, par value $ 0.00001 per share (the "TKO Class A common stock"). The dividend equivalents are subject to the same vesting schedule as the underlying Replacement Awards. The following table summarizes the RSU Replacement Awards activity for the year ended December 31, 2024: Time Vested RSUs Units Value * Outstanding at January 1, 2024 701,090 $ 100.65 Vested ( 259,847 ) $ 100.65 Forfeited ( 188,643 ) $ 100.65 Outstanding at December 31, 2024 252,600 $ 100.65 * Weighted average grant date fair value The following table summarizes the PSU Replacement Awards activity for the year ended December 31, 2024: Time Vested PSUs Units Value * Outstanding at January 1, 2024 327,403 $ 93.84 Vested ( 136,885 ) $ 100.65 Forfeited ( 6,038 ) $ 100.65 Outstanding at December 31, 2024 184,480 $ 126.94 * Weighted average grant date fair value CEO and Executive Chairman Market-Based Incentive Awards Each of the Company’s CEO and Executive Chairman received an award of performance-vesting RSUs pursuant to which they are eligible to receive a number of shares of the Company’s Class A common stock with a specified target value each time the price per share of the Company’s Class A common stock (calculated based on volume weighted average price thereof) exceeds an applicable threshold price above the public offering price of $ 24.00 . One-third of any shares of the Company’s Class A common stock received upon achievement of any applicable threshold price will be vested upon grant and the remainder of such shares will vest in two equal installments on each of the first and second anniversaries of the date of gra nt. Since the issuance of the award in 2021, only one price threshold has been met. These performance-vesting RSUs will expire on the tenth anniversary of the date of grant. The performance-vesting RSUs awarded to the CEO and Executive Chairman of the Company (each a "Market-Based Incentive Award") are accounted for under ASC 718 as equity-classified awards due to the fixed number of shares of the Company’s Class A common stock each of the CEO and the Executive Chairman will be eligible for upon the achievement of each respective threshold. The Company used a Monte Carlo simulation model to determine the fair value and the derived service periods of these Market-Based Incentive Awards. For the years ended December 31, 2024, 2023 and 2022 , total equity-based compensation expense for these Market-Based Incentive Awards was $ 38.6 million, $ 56.5 million and $ 76.7 million, respectively. As of December 31, 2024 , total unrecognized equity-based compensation related to these CEO and Executive Chairman Market-Based Incentive Awards is $ 75.1 million, which is expected to be recognized over a weighted-average period of approximatel y 1.89 years.

EMPLOYEE BENEFITS

EMPLOYEE BENEFITS	12 Months Ended
	Dec. 31, 2024
Retirement Benefits [Abstract]
EMPLOYEE BENEFITS	16. EMPLOYEE BENEFITS Qualified Retirement Plan The Company sponsors a matching 401(k) plan for eligible employees of the Company. Employees are automatically enrolled into the Plan after completing a required term of service. Under the Plan, employees can elect to contribute a percentage of annual pay and the Company will also match the 401(k) contributions. In addition, certain non-U.S. employees are covered by defined contribution government sponsored and administered programs. Contribution charges for the profit-sharing and defined contribution plans, which approximates actual cash contributions made, were $ 29.6 million, $ 25.6 million and $ 21.9 million during the years ended December 31, 2024, 2023 and 2022 , respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
INCOME TAXES	17. INCOME TAXES EGH was incorporated as a Delaware corporation in January 2019. It was formed as a holding company for the purpose of completing an IPO and other related transactions. As the sole managing member of Endeavor Manager, which is the sole managing member of EOC, EGH operates and controls all the business and affairs of EOC, and through EOC and its subsidiaries, conducts the Company’s business. EGH is subject to corporate income tax on its share of taxable income or loss of EOC derived through Endeavor Manager. EOC is treated as a partnership for U.S. federal income tax purposes and is therefore not subject to U.S. corporate income tax. However, certain of EOC’s subsidiaries are subject to U.S. or foreign corporate income tax. In addition, TKO, which is a consolidated subsidiary of EGH, is subject to corporate income tax. (Loss) income from continuing operations before income taxes and equity losses of affiliates includes the following components (in thousands): Years Ended December 31, 2024 2023 2022 United States $ ( 633,776 ) $ 728,433 $ ( 127,291 ) Foreign 63,454 53,215 3,197 Total $ ( 570,322 ) $ 781,648 $ ( 124,094 ) The (benefit from) provision for income tax from continuing operations consists of the following (in thousands): Years Ended December 31, 2024 2023 2022 Current: U.S. federal, state, and local $ 24,665 $ 62,635 $ 7,756 Foreign 60,307 50,986 37,789 Total current 84,972 113,621 45,545 Deferred: U.S. federal, state, and local ( 141,504 ) 96,454 ( 703,071 ) Foreign 4,399 ( 1,185 ) ( 172 ) Total deferred ( 137,105 ) 95,269 ( 703,243 ) Total provision for (benefit from) income taxes $ ( 52,133 ) $ 208,890 $ ( 657,698 ) The Company's effective tax rate for the years December 31, 2024, 2023 and 2022 was 9.1 % , 26.7 % and 530.0 % , respectively. The effective income tax rate based on the actual (benefit) provision from continuing operations shown in the consolidated statements of operations differs from the U.S. statutory federal income tax rate as follows (in thousands): Years Ended December 31, 2024 2023 2022 U.S. federal statutory income tax rate 21 % 21 % 21 % Income tax benefit at U.S. federal statutory rate $ ( 119,767 ) $ 164,146 $ ( 26,059 ) Partnership loss (income) not taxable/deductible for tax 28,454 ( 13,515 ) ( 37,440 ) Tax impact of foreign operations ( 15,535 ) 1,087 23,823 Permanent differences ( 15,191 ) 2,280 ( 26,251 ) Nondeductible meals and entertainment 6,450 4,445 2,986 Equity method investments ( 2,728 ) ( 3,055 ) ( 21,511 ) Capital loss carryforward ( 2,830 ) — 3,649 UK hybrid restriction 3,770 ( 2,187 ) ( 2,192 ) Withholding tax 49,686 29,601 17,344 Foreign tax credit, net of expiration ( 27,750 ) ( 34,321 ) 3,384 Foreign tax deduction ( 4,478 ) 873 ( 3,564 ) Equity compensation 26,077 29,273 27,197 Net operating loss adjustment 4,477 1,777 ( 39,684 ) Section 743(b)/734 adjustment 824 ( 7,478 ) ( 51,170 ) Tax receivable agreement adjustment 3,103 ( 16,646 ) 136,310 Valuation allowance 38,446 2,478 ( 721,955 ) Unrecognized tax benefits ( 6,822 ) 8,347 6,240 U.S. state and local taxes ( 24,813 ) 29,998 50,844 Investment in subsidiaries ( 17,707 ) — — Impairments 11,876 4,413 239 Transaction costs 11,284 7,121 — Other 1,041 253 112 Total (benefit from) provision for income taxes $ ( 52,133 ) $ 208,890 $ ( 657,698 ) Principal components of deferred tax assets and liabilities are as follows (in thousands): December 31, 2024 2023 Deferred tax assets: Compensation and severance 73,457 66,049 Net operating loss, tax credits, and other tax carryforwards 382,821 280,026 Lease liability 134,571 116,801 Intangible assets 66,444 12,332 Accrued expenses 58,532 — Write-down of assets to fair value 99,126 — Other assets 41,604 56,293 Total gross deferred tax assets 856,555 531,501 Less valuation allowance ( 217,208 ) ( 182,513 ) Total deferred tax assets 639,347 348,988 Deferred tax liabilities: Investments ( 123,094 ) ( 144,547 ) Loss contracts ( 7,793 ) ( 13,547 ) Property, buildings and equipment ( 55,094 ) ( 58,039 ) Lease asset ( 126,188 ) ( 110,215 ) Branch offset ( 19,507 ) ( 23,822 ) Other liabilities ( 26,730 ) ( 15,340 ) Total gross deferred tax liabilities ( 358,406 ) ( 365,510 ) Net deferred tax assets (liabilities) $ 280,941 $ ( 16,522 ) Of the $ 280.9 million of net deferred tax assets and $( 16.5 ) million of net deferred tax liabilities as of December 31, 2024 and 2023, $ 660.8 million and $ 430.3 million, respectively, were recorded in deferred income taxes, and $ 371.9 million and $ 446.9 million, respectively, were recorded in deferred tax liabilities in the consolidated balance sheets. The following amounts attributable to businesses classified as held for sale are included in the table above (in thousands): December 31, 2024 2023 Deferred income taxes - assets $ 660,833 $ 430,339 Deferred income taxes - liabilities $ ( 371,865 ) $ ( 446,861 ) Net deferred tax liabilities classified as held for sale $ ( 8,027 ) $ - Net deferred tax assets (liabilities) $ 280,941 $ ( 16,522 ) As of December 31, 2024 , the Company has U.S. federal net operating loss carryforwards of $ 298.6 million, of which $ 53.8 million expires in years 2025 through 2037 and $ 244.8 million have an indefinite carryforward period. In addition, as of December 31, 2024, the Company has foreign tax credit carryforwards of $ 133.0 million, which expire in years 2025 through 2034 and U.S. federal capital loss carryforwards of $ 11.8 million, which expire in five years. As of December 31, 2024, the Company has foreign net operating losses of $ 45.2 million, which expire over various time periods ranging from five years to no expiration and foreign capital loss carryforwards of $ 9.7 million, which have no expiration. As of December 31, 2024, the Company also has state net operating losses, which will generate a tax benefit of $ 19.7 million and expire in years 2025 through 2044 . As of December 31, 2024 and 2023, the Company increased its valuation allowances by $ 34.7 million and $ 11.0 million, respectively. Of the $ 34.7 million net valuation allowance change in 2024, $ 38.4 million was recorded in the continuing operations provision for income taxes as a tax expense, $( 3.0 ) million recorded in the discontinued operations provision for income taxes and $( 0.7 ) million recorded to other comprehensive income. Of the $ 11.0 million net valuation allowance change in 2023, $ 2.5 million was recorded in the continuing operations provision for income taxes as a tax expense, $( 8.1 ) million recorded in the discontinued operations provision for income taxes as a tax benefit, and $ 16.6 million was recorded to goodwill in connection with the TKO Transactions. As of December 31, 2024, 2023, and 2022, the Company had unrecognized tax benefits of $ 41.6 million, $ 50.9 million, and $ 38.9 million, respectively. The aggregate changes to the liability for unrecognized tax benefits, excluding interest and penalties, were as follows (in thousands): December 31, 2024 2023 2022 Beginning balance $ 50,862 $ 38,917 $ 38,452 Acquisitions — 31 — Gross increases 9,524 19,531 9,832 Gross decreases ( 8,771 ) ( 343 ) ( 1,189 ) Lapse of statute of limitations ( 9,493 ) ( 7,805 ) ( 6,054 ) Translation adjustments ( 163 ) 531 ( 2,124 ) Settlements ( 365 ) — — Ending balance $ 41,594 $ 50,862 $ 38,917 The Company recognized interest and penalties related to unrecognized tax benefits in its provisions for income taxes. The gross amount of interest accrued as of December 31, 2024, 2023 and 2022 related to unrecognized tax benefits is $ 14.8 million, $ 14.7 million, and $ 9.4 million, respectively. For the years ended December 31, 2024, 2023 and 2022, the Company recognized interest of $ 0.1 million, $ 5.4 million, and $ 3.3 million, respectively, through the income tax provision. The gross amount of penalties accrued as of December 31, 2024, 2023 and 2022 is $ 1.2 million, $ 1.2 million, and $ 0.2 million, respectively. For the years ended December 31, 2024, 2023, 2022 the Company recognized less than $( 0.1 ) million, $ 1.0 million and $ 0.2 million, respectively, of penalties through the income tax provision. As of December 31, 2024, approximately $ 56.6 million would affect the Company’s effective tax rate upon resolution of the uncertain tax positions. The Company is subject to taxation in the U.S. and various state and foreign jurisdictions. As of December 31, 2024, with few exceptions, the Company is subject to review by U.S. federal taxing authorities for 2020 and subsequent years. Two of the Company's U.S. partnership income tax returns are under IRS examination for 2021 and 2022. Two of the Company's U.S. corporate tax returns are under IRS examination for 2020, 2021 and 2022. The Company has ongoing state and local audits beginning with the tax year 2016 and onward. The Company does not anticipate that the resolution of these audits will have a material adverse effect on its financial position, results of operations or cash flows. Discontinued Operations The (benefit from) provision for income taxes from discontinued operations for the years ended December 31, 2024, 2023 and 2022 is $( 138.2 ) million, $ 11.0 million and $ 9.2 million, respectively, based on pretax (loss) income of $( 820.6 ) million, $ 16.7 million and $ 20.9 million, respectively. The discontinued operations effective tax rate is 16.8 % , 65.7 % and 44.1 % for the years ended December 31, 2024, 2023 and 2022, respectively. The provision for income taxes from discontinued operations reflects the application of the "with and without" approach to allocating income taxes between continuing and discontinued operations. Tax Receivable Agreement In connection with the IPO and related transactions, the Company entered into a TRA with certain persons that held direct or indirect interests in EOC and Zuffa prior to the IPO ("TRA Holders"). The TRA generally provides for the payment by EGH of 85 % of the amount of any tax benefits that EGH actually realizes or is deemed to realize (determined by using certain assumptions) as a result of the following attributes (i) increases in EGH’s share of the tax basis in the net assets of EOC resulting from any redemptions or exchanges of LLC Units, (ii) increases in tax basis attributable to payments made under the TRA, (iii) deductions attributable to imputed interest pursuant to the TRA and (iv) other tax attributes (including existing tax basis) allocated to EGH post-IPO and related transactions that were allocable to the TRA Holders prior to the IPO and related transactions. As of December 31, 2024 and 2023, the Company has a TRA liability of approximately $ 881.5 million and $ 990.5 million, respectively, after concluding that such TRA payments would be probable based on estimates of future taxable income over the term of the TRA. The determination of the TRA liability requires management to make judgments in estimating the amount of tax attributes as of the date of exchanges (such as cash to be received by the Company on a hypothetical sale of assets and allocation of gain/loss to the Company at the time of the exchanges taking into account complex partnership tax rules). The amounts payable under the TRA will also vary depending upon a number of factors, including tax rates in effect, as well as the amount, character, and timing of the taxable income of EGH in the future and the expected realization of tax benefits with respect to deferred tax assets related to tax attributes subject to TRA, which may result in a valuation allowance recorded against these deferred tax assets. If a required valuation allowance recorded against certain deferred tax assets is released in a future period, or other tax attributes subject to the TRA are determined to be payable, additional TRA liabilities may be considered probable at that time and recorded within our statement of operations. Other Matters In December 2022, the Organization for Economic Co-operation and Development ("OECD") proposed Global Anti-Base Erosion Rules, which provides for changes to numerous long-standing tax principles including the adoption of a global minimum tax rate of 15 % for multinational enterprises ("GloBE rules"). Various jurisdictions have adopted or are in the process of enacting legislation to adopt GloBE rules and other countries are expected to adopt GloBE rules in the future. While changes in tax laws in the various countries in which the Company operates can negatively impact the Company's results of operations and financial position in future periods, the Company's impact related to the adoption of GloBE rules, effective January 1, 2024, was not material to the Company's consolidated financial position. The Company will continue to monitor legislative and regulatory developments in this area.

REVENUE

REVENUE	12 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
REVENUE	18. REVENUE The following table presents the Company’s revenue disaggregated by primary revenue sources for the years ended December 31, 2024, 2023 and 2022 (in thousands): Year Ended December 31, 2024 Owned Sports Properties Events, Experiences Representation Total Media rights $ 1,590,746 $ 399,446 $ — $ 1,990,192 Technology platforms and services — 49,063 — 49,063 Media production, distribution and content 18,267 292,149 345,812 656,228 Events and performance 1,209,989 1,788,101 — 2,998,090 Talent representation and licensing 166,101 — 1,025,090 1,191,191 Marketing — — 316,695 316,695 Eliminations — — — ( 90,477 ) Total $ 2,985,103 $ 2,528,759 $ 1,687,597 $ 7,110,982 Year Ended December 31, 2023 Owned Sports Properties Events, Experiences & Rights Representation Total Media rights $ 981,694 $ 385,972 $ — $ 1,367,666 Technology platforms and services — 56,880 — 56,880 Media production, distribution and content 4,816 297,456 318,207 620,479 Events and performance 744,349 1,433,091 — 2,177,440 Talent representation and licensing 85,021 — 885,028 970,049 Marketing — — 341,206 341,206 Eliminations — — — ( 42,943 ) Total $ 1,815,880 $ 2,173,399 $ 1,544,441 $ 5,490,777 Year Ended December 31, 2022 Owned Sports Properties Events, Experiences & Rights Representation Total Media rights $ 674,043 $ 377,426 $ — $ 1,051,469 Technology platforms and services — 82,026 — 82,026 Media production, distribution and content 6,113 241,740 288,477 536,330 Events and performance 598,546 1,491,097 — 2,089,643 Talent representation and licensing 53,633 — 900,431 954,064 Marketing — — 323,242 323,242 Eliminations — — — ( 29,171 ) Total $ 1,332,335 $ 2,192,289 $ 1,512,150 $ 5,007,603 In the years ended December 31, 2024, 2023 and 2022, $ 56.5 million, $ 49.9 million and $ 53.7 million, respectively, of revenue was recognized from performance obligations satisfied in prior periods primarily related to talent representation and licensing. Remaining Performance Obligations The following table presents the aggregate amount of transaction price allocated to remaining performance obligations for contracts greater than one year with unsatisfied or partially satisfied performance obligations as of December 31, 2024 (in thousands). The transaction price related to these future obligations does not include any variable consideration. Years Ending 2025 $ 2,957,222 2026 1,878,570 2027 1,499,265 2028 1,373,192 2029 1,035,811 Thereafter 430,747 $ 9,174,807 The transaction price allocated to remaining performance obligations for discontinued operations included in the above table is $ 143.7 million, $ 140.8 million, $ 7.4 million, $ 5.9 million, $ 3.1 million, and $ 4.8 million for the years 2025, 2026, 2027, 2028, 2029, and thereafter, respectively. Contract Liabilities The Company records deferred revenue when cash payments are received or due in advance of its performance. The Company’s deferred revenue balance primarily relates to advance payments received related to advertising and sponsorship agreements, event advanced ticket sales and performance tuition. Deferred revenue is included in the current liabilities section and in other long-term liabilities in the consolidated balance sheets. The following table presents the Company’s contract liabilities as of December 31, 2024 and 2023 (in thousands): Description December 31, 2023 Additions Deductions Acquisitions Divestitures/ Foreign Exchange December 31, 2024 Deferred revenue - current $ 802,344 $ 2,923,129 $ ( 3,181,306 ) $ 43,595 $ ( 44,799 ) $ ( 8,339 ) $ 534,624 Deferred revenue - noncurrent $ 18,914 $ 42,536 $ ( 3,084 ) $ — $ ( 1,607 ) $ ( 316 ) $ 56,443

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
SEGMENT INFORMATION	19. SEGMENT INFORMATION As a result of the SD&T segment being presented as discontinued operations (Note 4), the Company now has the following three reportable segments: Owned Sports Properties, Events, Experiences & Rights, and Representa tion. The Company also reports the results for the "Corporate and other" group. All prior period amounts related to the discontinued operations have been retrospectively reclassified to conform to the new presentation. Owned Sports Properties consists of a portfolio of unique sports and entertainment properties, including UFC, WWE, PBR and Euroleague Ventures S.A. ("Euroleague") that license broadcast and other intellectual property rights and operate exclusive live events. In addition, at the end of 2021 and in January 2022, the Company acquired ten PDL Clubs, which were being operated under the DBH umbrella. In September 2022, the Company sold the DBH business, including the PDL Clubs. Events, Experiences & Rights consists of providing services to a diverse portfolio of live events annually, including live sports events, fashion, art fairs and music, culinary and lifestyle festivals and major attractions. The Company owns and operates many of these events and operates other events on behalf of third parties. The Company previously owned and operated IMG Academy, a leading sports and education brand with an innovative suite of on-campus and online programming, including its Bradenton, Florida boarding school and sports camps. In June 2023, we sold all of the Academy business. Additionally, the Company produces and distributes sports video programming. Representation consists of providing services to a diverse group of talent across entertainment, sports and fashion, including actors, directors, writers, athletes, models, musicians and other artists, in a variety of mediums, such as film, television, art, books and live events. The Company provides brand strategy, marketing, advertising, public relations, analytics, digital, activation and experiential services to corporate and other clients. Also, the Company provides intellectual property licensing services to a large portfolio of entertainment, sports and consumer product brands, including representing these clients in the licensing of their logos, trade names and trademarks. Corporate and other primarily consists of overhead, personnel costs and costs associated with corporate initiatives that are not fully allocated to the segments. Such expenses include compensation and other benefits for corporate office employees, rent, professional fees related to internal control compliance and monitoring, financial statement audits and legal, information technology and insurance that is managed through the Company’s corporate office. The profitability measure employed by the Company’s chief operating decision maker ("CODM"), which is the Chief Executive Officer , for allocating resources and assessing operating performance is Adjusted EBITDA. EBITDA is generally adjusted for equity-based compensation; merger, acquisition and earn-out costs; certain legal costs and settlements; restructuring, severance and impairment charges; certain non-cash fair value adjustments, certain equity earnings (losses), net gains on sales of businesses, TRA liability adjustments and certain other items, including gains/losses on business divestitures. The CODM uses Adjusted EBITDA for each segment in the annual budget and forecasting process. The CODM considers budget-to-actual and actual-to-actual variances monthly when making decisions about the allocation of operating and capital resources to each segment. All segments follow the same accounting policies as described in Note 2. Revenue by geographic area is based on the location of the legal entity that sells the services. Asset information by segment is not provided to the Company’s CODM as that information is not used in the determination of resource allocation or in assessing the performance of the Company’s segments. A significant portion of the Company’s assets represent goodwill and intangible assets arising from business combinations. Summarized financial information for the Company’s reportable segments is shown in the following tables (in thousands): Revenue Years Ended December 31, 2024 2023 2022 Owned Sports Properties $ 2,985,103 $ 1,815,880 $ 1,332,335 Events, Experiences & Rights 2,528,759 2,173,399 2,192,289 Representation 1,687,597 1,544,441 1,512,150 Eliminations ( 90,477 ) ( 42,943 ) ( 29,171 ) Total consolidated revenue $ 7,110,982 $ 5,490,777 $ 5,007,603 Reconciliation of segment profitability Years Ended December 31, 2024 2023 2022 Owned Sports Properties $ 1,274,518 $ 827,024 $ 648,158 Events, Experiences & Rights ( 29,782 ) 228,140 294,818 Representation 405,684 391,114 469,757 Corporate and other ( 334,452 ) ( 305,817 ) ( 305,835 ) Adjusted EBITDA 1,315,968 1,140,461 1,106,898 Reconciling items: Equity losses of affiliates 1,529 9,905 5,038 Interest expense, net ( 407,792 ) ( 346,237 ) ( 282,350 ) Depreciation and amortization ( 539,052 ) ( 310,204 ) ( 248,732 ) Equity-based compensation expense ( 214,686 ) ( 254,028 ) ( 209,380 ) Merger, acquisition and earn-out costs ( 128,659 ) ( 105,463 ) ( 59,676 ) Certain legal costs ( 27,465 ) ( 41,067 ) ( 14,274 ) Legal settlement ( 375,000 ) — — Restructuring, severance and impairment charges ( 147,778 ) ( 125,610 ) ( 13,258 ) Fair value adjustment - equity investments 4,218 985 12,029 Net gain on sale of the restricted Endeavor Content business — — 463,641 Net gain on sale of the Academy business — 736,978 — Tax receivable agreement liability adjustment ( 12,591 ) 40,635 ( 873,264 ) Other ( 39,014 ) 35,293 ( 10,766 ) (Loss) income from continuing operations before income taxes and equity losses of affiliates $ ( 570,322 ) $ 781,648 $ ( 124,094 ) Segment Adjusted EBITDA including expense categories Segment Owned Sports Properties Events, Experiences & Rights Representation Year Ended December 31, 2024 Revenue $ 2,985,103 $ 2,528,759 $ 1,687,597 Direct operating costs 998,184 1,984,607 342,209 Selling, general and administrative expenses 711,509 579,487 939,777 Other segment items* 892 ( 5,553 ) ( 73 ) Adjusted EBITDA $ 1,274,518 $ ( 29,782 ) $ 405,684 Year Ended December 31, 2023 Revenue $ 1,815,880 $ 2,173,399 $ 1,544,441 Direct operating costs 606,887 1,340,873 296,765 Selling, general and administrative expenses 381,617 615,325 855,451 Other segment items* 352 ( 10,939 ) 1,111 Adjusted EBITDA $ 827,024 $ 228,140 $ 391,114 Year Ended December 31, 2022 Revenue $ 1,332,335 $ 2,192,289 $ 1,512,150 Direct operating costs 433,808 1,269,610 251,863 Selling, general and administrative expenses 247,744 638,229 790,032 Other segment items* 2,625 ( 10,368 ) 498 Adjusted EBITDA $ 648,158 $ 294,818 $ 469,757 * Other segment items primarily relate to (i) equity earnings (losses) from affiliates for the years ended December 31, 2024, 2023 and 2022 and (ii) insurance recoveries for the year ended December 31, 2022. Re venue by geographic area Years Ended December 31, 2024 2023 2022 United States $ 5,311,943 $ 4,288,332 $ 3,937,725 United Kingdom 990,385 926,573 840,715 Rest of world 808,654 275,872 229,163 Total revenue $ 7,110,982 $ 5,490,777 $ 5,007,603 Long-lived assets by geographic area December 31, 2024 2023 United States $ 712,179 $ 827,330 United Kingdom 52,091 66,357 Rest of world 21,987 20,958 Total long-lived assets $ 786,257 $ 914,645

LEASES

LEASES	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
LEASES	20. LEASES The Company has operating and finance leases, in which the Company is the lessee, primarily for real estate property for offices around the world. The Company’s operating and finance leases have lease terms, which range from one year to 26 years and one year to 27 years , respectively. Lease cost for operating leases was $ 94.3 million, $ 85.2 million, and $ 79.6 million for the years ended December 31, 2024, 2023 and 2022, and was classified within selling, general, and administrative expenses in the consolidated statements of operations. Lease cost for finance leases for the year ended December 31, 2024 and 2023 was $ 43.2 million and $ 11.4 million, respectively, of which $ 23.0 million and $ 5.4 million was classified within depreciation and amortization, and $ 20.2 million and $ 6.0 million was classified within interest expense, net, in the consolidated statement of operations, respectively. The following table presents information on the Company’s operating and finance leases for the years ended December 31, 2024, 2023 and 2022 (in thousands): Years Ended December 31, 2024 2023 2022 Operating Leases Cash paid for amounts included in the measurement of operating lease liabilities $ 97,789 $ 90,340 $ 85,967 Right-of-use assets obtained in exchange for operating lease obligations $ 148,691 $ 31,956 $ 28,211 Finance Leases Cash paid for amounts included in the measurement of finance lease liabilities $ 35,241 $ 5,883 $ — Right-of-use assets obtained in exchange for new finance lease obligations $ 5,040 $ 257,359 $ — The following table presents information on the Company’s operating and finance leases for the years ended December 31, 2024 and 2023 (in thousands): Years Ended December 31, 2024 2023 Operating Leases Weighted average remaining lease term (in years) 8.0 5.3 Weighted average discount rate 6.8 % 6.8 % Finance Leases Weighted average remaining lease term (in years) 21.4 25.2 Weighted average discount rate 8.3 % 8.1 % The following table reconciles the undiscounted cash flows for the operating and finance leases as of December 31, 2024 to the operating and finance lease liabilities recorded in the consolidated balance sheet (in thousands): Years Ending December 31, Operating Leases Finance Leases 2025 $ 93,705 $ 33,437 2026 88,878 38,021 2027 78,980 24,874 2028 52,281 18,209 2029 39,882 18,209 Thereafter 211,341 447,746 Total future minimum lease payments 565,067 580,496 Less: imputed interest ( 134,119 ) ( 328,955 ) Present value of future minimum lease payments 430,948 251,541 Less: held for sale leases ( 5,659 ) — Less: current portion of operating and finance lease liabilities ( 65,842 ) ( 15,582 ) Long-term operating and finance lease liabilities $ 359,447 $ 235,959 The operating lease amounts in the above table exclude amounts for discontinued operations (Note 4) of $ 2.4 million, $ 2.1 million, $ 1.8 million, $ 1.0 million, $ 1.1 million, and $ 0.8 million for the years 2025, 2026, 2027, 2028, 2029 and thereafter, respectively, and imputed interest of $ 1.3 million.

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
COMMITMENTS AND CONTINGENCIES	21. COMMITMENTS AND CONTINGENCIES Guarantees and Commitments The Company routinely enters into purchase or guarantee arrangements for event, media or other representation rights. The following is a summary of the Company’s annual commitments under certain guaranteed agreements as of December 31, 2024 (in thousands): Payments due by period Total 2025 2026 - 2027 2028 - 2029 After 2029 Purchase/guarantee agreements $ 2,473,216 $ 593,421 $ 1,077,120 $ 592,370 $ 210,305 The purchase or guarantee arrangements for discontinued operations included in the above table total $ 912.1 million, of which $ 231.7 million, $ 313.9 million, $ 225.9 million and $ 140.6 million is payable in 2025, 2026-2027, 2028-2029 and after 2029, respectively. Claims and Litigation The Company is involved in legal proceedings, claims and governmental investigations arising in the normal course of business. The types of allegations that arise in connection with such legal proceedings vary in nature, but can include, among others, contract, employment, tax and intellectual property matters. The Company evaluates all cases and records liabilities for losses from legal proceedings when the Company determines that it is probable that the outcome will be unfavorable and the amount, or potential range, of loss can be reasonably estimated. While any outcome related to litigation or such governmental proceedings cannot be predicted with certainty, management believes that the outcome of these matters, except as otherwise may be discussed below, individually or in the aggregate, will not have a material adverse effect on the Company’s financial position, results of operations or cash flows. In July 2017, the Italian Competition Authority ("ICA") issued a decision opening an investigation into alleged breaches of competition law in Italy, involving inter alia IMG, and relating to bidding for certain media rights of the Serie A and Serie B football leagues. In April 2018, the European Commission conducted on-site inspections at a number of companies that are involved with sports media rights, including the Company. The inspections were part of an ongoing investigation into the sector and into potential violations of certain antitrust laws that may have taken place within it. The Company investigated these ICA matters, as well as other regulatory compliance matters. In May 2019, the ICA completed its investigation and fined the Company approximately EUR 0.3 million. As part of its decision, the ICA acknowledged the Company’s cooperation and ongoing compliance efforts since the investigation commenced. In July 2019, three football clubs (the "Original Plaintiffs") and in June 2020, the Serie A football league (Lega Nazionale Professionisti Serie A or "Lega Nazionale," and together with the three clubs, the "Plaintiffs") each filed separate claims against IMG and certain other unrelated parties in the Court of Milan, Italy, alleging that IMG engaged in anti-competitive practices with regard to bidding for certain media rights of the Serie A and Serie B football leagues. The Plaintiffs seek damages from all defendants deriving from the lower value of the media rights in amounts totaling EUR 554.6 million in the aggregate relating to the three football clubs and EUR 1,750 million relating to Lega Nazionale, along with attorneys’ fees and costs. Since December 2020, four additional clubs have each filed requests to intervene in the Lega Nazionale proceedings and individually seek to claim damages deriving from the lower value of the media rights in amounts in the aggregate totaling EUR 251.5 million. The Original Plaintiffs and these four additional clubs are also seeking additional damages relating to alleged lost profits and additional charges, quantified in the fourth quarter of 2022 in amounts totaling EUR 1,675 million. Ten other clubs also filed requests to intervene in support of Lega Nazionale’s claim or alternatively to individually claim damages deriving from the lower value of the media rights in the amount of EUR 284.9 million in the case of five clubs, and unspecified amounts (to be quantified as a percentage of the total amount sought by Lega Nazionale) in the other five cases. Collectively, the interventions of these 14 clubs are the "Interventions." By judgment issued on May 8, 2024, the Court of Milan ruled that the clubs have a concurrent right to bring a claim, and Lega Nazionale is entitled to retain only 10 % of the aggregate loss suffered (if any) by the clubs deriving from the lower value of the media rights. The Company reserved the right to appeal the partial ruling. In December 2022, one further football club filed a separate claim against IMG and certain other unrelated parties seeking damages from all defendants deriving from the lower value of the media rights in the amount of EUR 326.9 million, in addition to alleged additional damages relating to lost profits and additional charges which the club, with defensive brief on May 13, 2024, quantified in amounts totaling EUR 513.5 million. On December 3, 2024, this latter lawsuit was consolidated with the one brought by the Plaintiffs. The Company has defended in its submissions to date, and intends to continue to defend, against all of the damages claims, Interventions and any related claims, and management believes that the Company has meritorious defenses to these claims, including the absence of actual damage. The Company may also be subject to regulatory and other claims and actions with respect to these ICA and other regulatory matters. Any judgment entered against the Company or settlement entered into, including with respect to claims or actions brought by other parties, could materially and adversely impact the Company’s business, financial condition and results of operations. On April 12, 2024, purported stockholder Handelsbanken Fonder AB (“Handelsbanken”) filed a verified class action complaint on behalf of itself and similarly situated Endeavor stockholders in the Court of Chancery of the State of Delaware, captioned Handelsbanken Fonder AB v. Endeavor Group Holdings, Inc., C.A. No. 2024-0391 ("Handelsbanken Action"), and filed a Motion for Expedited Proceedings ("Motion"). The Handelsbanken Action names as defendants the Company and certain of its affiliates, members of the Company’s board of directors, Mark Shapiro, Silver Lake and certain of its affiliates, Wildcat EGH Holdco, L.P., Wildcat Opco Holdco, L.P., The Ariel Z. Emanuel Living Trust, dated November 13, 2017, and The Patrick Whitesell Revocable Trust, dated May 31, 2019, and alleges breach of charter, tortious interference, breach of fiduciary duty, and aiding and abetting claims arising from the Company’s proposed transaction with Silver Lake. The Court held a hearing on Handelsbanken's Motion on May 6, 2024, during which the Court determined that a ruling on the Motion, if any, should come after the deadline for certain officers and directors to make stock rollover elections, which deadline is ninety days after the date of each of the rollover agreements, dated April 2, 2024. Following the stock rollover elections and limited discovery, on October 28, 2024, counsel for Handelsbanken withdrew the Motion. The Company additionally received multiple requests from purported stockholders seeking certain books and records in connection with the Company’s proposed transaction with Silver Lake under Section 220 of the Delaware General Corporation Law. Five related class-action lawsuits were filed against Zuffa between December 2014 and March 2015 by a total of eleven former UFC fighters. The lawsuits, which were substantially identical, were transferred to the United States District Court for the District of Nevada and consolidated into a single action in June 2015, captioned Le et al. v. Zuffa, LLC, No. 2:15-cv-1045-RFB-BNW (D. Nev.) (the "Le" case). The lawsuit alleged that Zuffa violated Section 2 of the Sherman Act by monopsonizing an alleged market for the services of elite professional MMA athletes. The fighter plaintiffs claimed that Zuffa’s alleged conduct injured them by artificially depressing the compensation they received for their services. The plaintiffs sought treble damages under the antitrust laws, as well as attorneys’ fees and costs, and, in some instances, injunctive relief. On August 9, 2023, the district court certified the lawsuit as a damages class action, encompassing the period from December 16, 2010 to June 30, 2017. The fighter plaintiffs in the Le case abandoned their claim for injunctive relief, so the only relief the fighter plaintiffs would have sought at trial was damages. On June 24, 2021, another lawsuit, Johnson et al. v. Zuffa, LLC et al., No. 2:21-cv-1189-RFB-BNW (D. Nev.) (the "Johnson" case), was filed by a putative class of former UFC fighters and covering the period from July 1, 2017, to the present. The Johnson case alleged substantially similar claims to the Le case and sought injunctive relief. On September 26, 2024, following the court's denial of an earlier proposed settlement agreement, TKO OpCo reached an agreement with the plaintiffs to settle all claims asserted in the Le case for an aggregate amount of $ 375.0 million payable in installments over an agreed-upon period of time by TKO OpCo and its subsidiaries (the "Updated Settlement Agreement"). The terms of the Updated Settlement Agreement have been memorialized in a long form agreement, which the court preliminarily approved on October 22, 2024 and finally approved on February 6, 2025. In connection with this Updated Settlement Agreement, the Company recorded charges of $ 375.0 million during the year ended December 31, 2024, which are included as a component of selling, general and administrative expenses in the consolidated statement of operations. The Company paid $ 125.0 million of the aggregate $ 375.0 million settlement amount into escrow in late October 2024 shortly following receipt of preliminary approval, and another $ 125.0 million into escrow in February 2025 shortly following receipt of final approval, in accordance with the terms of the Updated Settlement Agreement. The Company expects to make an additional payment covering the remaining $ 125.0 million in the second quarter of 2025.The Company anticipates that the settlement amount will be deductible for tax purposes. No trial date has been set in the Johnson action. As announced in June 2022, a Special Committee of independent members of WWE’s board of directors (the "Special Committee") was formed to investigate alleged misconduct by WWE’s then-Chief Executive Officer, Mr. McMahon (the "Special Committee Investigation"). Mr. McMahon initially resigned from all positions held with WWE on July 22, 2022 but remained a stockholder with a controlling interest and served as Executive Chairman of WWE’s board of directors from January 9, 2023 through September 12, 2023, at which time Mr. McMahon became Executive Chair of the Board of Directors of TKO. Although the Special Committee investigation is complete, and, in January 2024, Mr. McMahon resigned from his position as Executive Chair and member of TKO's Board of Directors, as well as other positions, employment and otherwise, at TKO and its subsidiaries, WWE has received, and may receive in the future, regulatory, investigative and enforcement inquiries, subpoenas, demands, claims and/or complaints arising from, related to, or in connection with these matters. On July 17, 2023, federal law enforcement agents executed a search warrant and served a federal grand jury subpoena on Mr. McMahon. On January 10, 2025, the United States Securities and Exchange Commission settled charges against Mr. McMahon for failing to disclose certain settlement agreements to WWE’s Board of Directors, legal department, accountants, financial reporting personnel, or auditor, and in so doing, circumventing WWE’s system of internal accounting controls and causing material misstatements in WWE’s 2018 and 2021 financial statements. No charges have been brought against the Company. On January 25, 2024, a former WWE employee filed a lawsuit against WWE, Mr. McMahon and another former WWE executive in the United States District Court for the District of Connecticut alleging, among other things, that she was sexually assaulted by Mr. McMahon and asserting claims under the Trafficking Victims Protection Act. On October 23, 2024, five unnamed plaintiffs filed a lawsuit against Mr. McMahon, Linda McMahon, WWE, and TKO in Maryland court, alleging sexual abuse by a former WWE employee during the 1980s. On November 17, 2023, a purported former stockholder of WWE, Laborers' District Council and Contractors' Pension Fund of Ohio ("Laborers"), filed a verified class action complaint on behalf of itself and similarly situated former WWE stockholders in the Court of Chancery of the State of Delaware ("Delaware Court"), captioned Laborers District Council and Contractors’ Pension Fund of Ohio v. McMahon, C.A. No. 2023-1166-JTL (“Laborers Action”). On November 20, 2023, another purported former WWE stockholder, Dennis Palkon, filed a verified class action complaint on behalf of himself and similarly situated former WWE stockholders in the Delaware Court, captioned Palkon v. McMahon, C.A. No. 2023-1175-JTL (“Palkon Action”). The Laborers and Palkon Actions allege breach of fiduciary duty claims against former WWE directors Mr. McMahon, Nick Khan, Paul Levesque, George A. Barrios, Steve Koonin, Michelle D. Wilson, and Frank A. Riddick III (collectively, the "Individual Defendants"), arising out of the TKO Transactions. On April 24, 2024, the City of Pontiac Reestablished General Employees' Retirement System (“Pontiac”), a purported former stockholder of WWE, filed another verified class action complaint on behalf of itself and similarly situated former WWE stockholders in the Delaware Court captioned City of Pontiac Reestablished General Employees’ Retirement System v. McMahon, C.A. No. 2024-0432 (“Pontiac Action”). The Pontiac Action similarly alleges breach of fiduciary duty claims against the Individual Defendants and added claims against WWE and TKO for denying stockholders their appraisal rights under the General Corporation Law of the State of Delaware ("DGCL") § 262, as well as claims against the Company for aiding and abetting the alleged breaches of fiduciary duties and for civil conspiracy to violate DGCL § 262. On May 2, 2024, the Court entered an order consolidating the Laborers, Palkon, and Pontiac actions under the caption In re World Wrestling Entertainment, Inc. Merger Litigation, C.A. No. 2023-1166-JTL (“Consolidated Action”). On August 8, 2024, the Delaware Court appointed the Laborers and Palkon plaintiffs as co-lead plaintiffs, and the co-lead plaintiffs subsequently designated the Palkon complaint as operative. As a result, the Company, WWE and TKO are no longer defendants. On October 24, 2024, the Delaware Court entered a stipulation dismissing all claims against Messrs. Koonin and Riddick, who, therefore, are no longer defendants. On October 28, 2024, the remaining Individual Defendants filed answers to the operative complaint and discovery is currently underway.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2024
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	22. RELATED PARTY TRANSACTIONS The Company has the following related party transactions as of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022 (in thousands): December 31, 2024 2023 Other current assets $ 16,086 $ 11,837 Investments 3,907 3,322 Other assets 30,000 33,454 Deferred revenue 2,122 1,446 Other current liabilities 1,722 3,347 Current liabilities of discontinued operations 4,513 — Years Ended December 31, 2024 2023 2022 Revenue $ 80,295 $ 57,441 $ 45,341 Direct operating costs 12,555 16,838 12,595 Selling, general and administrative expenses 11,760 7,575 16,614 Other (expense) income, net — ( 5,254 ) ( 6,806 ) Loss from discontinued operations ( 18,888 ) ( 9,144 ) ( 5,398 ) As of December 31, 2024, the Company has an equity-method investment in Euroleague, a related party. For the years ended December 31, 2024, 2023 and 2022 , the Company recognized revenue of $ 10.2 million, $ 9.4 million and $ 7.9 million, respectively, for a management fee to compensate it for representation and technical services it provides to Euroleague in relation to the distribution of media rights. This revenue is included in the Company's Owned Sports Properties segment. Also, for the years ended December 31, 2024, 2023 and 2022 , the Company recognized revenue of $ 12.8 million, $ 11.9 million and $ 10.3 million, respectively, for production services provided to Euroleague, which is included in the Company's Events, Experiences, & Rights segment. The Company incurred direct operating costs of $ 11.7 million, $ 9.3 million and $ 7.0 million, respectively, which are primarily related to the Company's Sports Data & Technology segment and are recorded in loss from discontinued operations. As of December 31, 2024 and 2023, the Company had a receivable due from Euroleague of $ 10.9 million and $ 7.7 million, respectively, and a payable due to Euroleague of $ 0.5 million and $ 0.3 million, respectively. As of December 31, 2024 and 2023, the Company had current liabilities of discontinued operations of $ 4.5 million and none , respectively. As of December 31, 2024 the Company has an equity method investment in Fifth Season, a related party. For the years ended December 31, 2024 and 2023, the Company recognized revenue of $ 20.6 million and $ 8.7 million, respectively, and direct operating costs of none and $ 6.4 million, respectively for production services, which are primarily included in the Company's Representation segment. As of December 31, 2024 and 2023, the Company had a receivable due from Fifth Season of $ 1.9 million and $ 1.0 million, respectively, and a payable due to Fifth Season of $ 0.2 million and $ 1.2 million, respectively. In June 2023, the Company provided a loan of $ 30.0 million to Fifth Season, which is recorded in other assets in the consolidated balance sheet. The Company received $ 2.2 million and $ 1.2 million of interest payments from Fifth Season related to the loan during the years ended December 31, 2024 and 2023, respectively. The loan matures in 2026. Silver Lake and certain of our executives indirectly own a minority interest in The Raine Group ("Raine"). During the year ended December 31, 2024 , 2023 and 2022, the Company recorded expenses of $ 5.5 million, $ 7.0 million and $ 26.3 million, respectively, in transaction costs with Raine for investment banking services in connection with the sale and acquisition of certain businesses (Note 4 and Note 5 ). In addition, during the years ended December 31, 2024, 2023 and 2022, the Company invested $ 0.8 million, $ 1.2 million and $ 2.1 million, respectively, in non-marketable funds maintained by Raine. In September 2022, the Company sold the ten PDL Clubs that operated under the DBH umbrella to Silver Lake, stockholders of the Company (Note 5). In connection with the IPO and related transactions, the Company entered into a TRA with certain persons that held direct or indirect interests in EOC and Zuffa prior to the IPO. The TRA generally provides for the payment by EGH of 85 % of the amount of any tax benefits that EGH realizes, or in some cases is deemed to realize ( Note 17). As of December 31, 2024 and 2023, the Company had $ 881.5 million and $ 990.5 million recorded, respectively, out of which $ 303.1 million and $ 362.8 million is due to related parties, respectively. Mr. McMahon, who served as Executive Chairman of TKO's Board of Directors until January 26, 2024, previously controlled a significant portion of the voting power of the issued and outstanding shares of TKO’s common stock. Mr. McMahon has agreed to make future payments to certain counterparties personally. In accordance with the SEC’s Staff Accounting Bulletin Topic 5T, Miscellaneous Accounting, Accounting for Expenses or Liabilities Paid by Principal Stockholders ("Topic 5T"), the Company concluded that these amounts should be recognized by the Company as expenses in the period in which they become probable and estimable. In connection with the acquisition of WWE, the Company assumed $ 3.5 million of liabilities related to future payments owed by Mr. McMahon to certain counterparties. During the year ended December 31, 2023, the Company recorded $ 3.5 million of expenses associated with payments made directly by Mr. McMahon to certain counterparties. These costs are included within selling, general and administrative expenses in our consolidated statement of operations. During the years ended December 31, 2024 and 2023, Mr. McMahon made payments of $ 1.5 million and $ 5.5 million, respectively, associated with these liabilities to certain counterparties directly. Additionally, during the year ended December 31, 2023, the Company recorded $ 3.5 million of costs associated with payments made directly by Mr. McMahon related to WWE’s global headquarters lease. These costs are included within finance lease right-of-use assets, which are recorded in other assets in the consolidated balance sheet. These payments are considered non-cash capital contributions and are included as a component of nonredeemable non-controlling interests contributions in our consolidated statement of redeemable interests and shareholders' equity. In connection with and/or arising from the investigation conducted by a Special Committee of the former WWE board of directors, Mr. McMahon has agreed to reimburse the Company for additional costs incurred in connection with and/or arising from the same matters. During the years ended December 31, 2024 and 2023, Mr. McMahon reimbursed the Company $ 6.4 million and $ 5.8 million, respectively, associated with these costs. These payments are considered capital contributions and are included as a component of non-controlling interest in our consolidated statements of redeemable interests and shareholders' equity. Additionally, during the period of September 12, 2023 through December 31, 2023, TKO repurchased 1,308,729 shares of its Class A Common Stock held by Mr. McMahon for an aggregate purchase price of $ 100.0 million ( Note 12 ). In April 2024, the Company purchased 1,642,970 shares of TKO Class A common stock held by Mr. McMahon at a per share price of $ 89.01 for an aggregate amount of $ 146.2 million (Note 12). In April 2024, TKO purchased 1,853,724 shares of TKO Class A common stock held by Mr. McMahon at a per share price of $ 89.01 for an aggregate amount of $ 165.0 million and retired such shares (Note 12).

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	12 Months Ended
	Dec. 31, 2024
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	23. SUBSEQUENT EVENTS In January and February 2025, the Company borrowed a total of $ 400.0 million under the Margin Loan Agreement. In January and February 2025, the Company purchased 1,897,650 shares of TKO Class A common stock for an aggregate purchase price of $ 300.9 million.

DESCRIPTION OF BUSINESS AND O_2

DESCRIPTION OF BUSINESS AND ORGANIZATION (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Discontinued Operations	In April 2024, following the Company's review to evaluate strategic alternatives, the Company entered into the Agreement and Plan of Merger, entered into on April 2, 2024, by and among the Company, Endeavor Manager, EOC, Endeavor Executive Holdco, LLC, Endeavor Executive PIU Holdco, LLC, and Endeavor Executive II Holdco, LLC, Wildcat EGH Holdco, L.P., Wildcat OpCo Holdco, L.P., Wildcat PubCo Merger Sub, Inc., Wildcat Manager Merger Sub, L.L.C., and Wildcat OpCo Merger Sub, L.L.C (the “Merger Agreement”). Pursuant to the Merg er Agreement, affiliates of Silver Lake agreed to acquire 100 % of the outstanding shares of the Company's stock that it does not already own (other than certain equity interests held by certain current directors and executive officers of the Company and any other Rollover Holders (as defined therein) (the "Rollover Interests")). Pursuant to the Merger Agreement and subject to the satisfaction or waiver of certain conditions and on the terms set forth therein, equityholders of EGH, EOC and Endeavor Manager are to receive $ 27.50 in cash per share or unit, as applicable. The Merger Agreement also requires the Company to, in each calendar quarter prior to the closing, declare and pay a dividend in respect of each issued and outstanding share of our Class A common stock at a price equal to $ 0.06 per share. Completion of the transactions contemplated by the Merger Agreements (the "Merger-Related Transactions") is subject to certain customary closing conditions, including required regulatory approvals. The Merger Agreement also includes certain covenants of the Company, EOC and Endeavor Manager, including with respect to sales of certain specified assets of the Company (other than with respect to TKO Group Holdings, Inc. ("TKO") and the agency representation business of WME), as well as other customary representations, warranties and covenants by the parties to the Merger Agreement. Upon completion, the Company's common stock will no longer be listed on any public market. Asset dispositions In October 2024, the Company entered into an agreement with TKO and TKO Operating Company, LLC ("TKO OpCo"), pursuant to which TKO OpCo will acquire PBR, On Location, and certain of the IMG businesses for total consideration of $ 3.25 billion, based on the volume-weighted average sales price of TKO Class A common stock for the twenty-five trading days ending on October 23, 2024 (the "TKO Asset Acquisition"). Upon completion of the TKO Asset Acquisition, the Company will receive approximately 26.1 million common units of TKO OpCo and will subscribe for an equal number of shares of TKO Class B common stock, subject to purchase price adjustments to be settled in cash and equity. The TKO Asset Acquisition is expected to close in the first quarter of 2025, subject to the satisfaction or waiver of certain customary closing conditions, including receipt of required regulatory approvals and the affirmative vote of holders of a majority of the voting power of TKO common stock in favor of adopting the transaction agreement (which has been satisfied by delivery of a written consent by such stockholders). The TKO Asset Acquisition will be accounted for as a common control transaction between the companies. See Note 4 for descriptions of additional asset dispositions.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Basis of Presentation	Basis of Presentation The accompanying consolidated financial statements have been prepared in accordance with accounting principles generally accepted in the United States of America ("GAAP") and pursuant to the rules and regulations of the Securities and Exchange Commission ("SEC") for reporting financial inform ation.
Principles of Consolidation	Principles of Consolidation The consolidated financial statements include the accounts of all wholly-owned subsidiaries and other subsidiaries in which a controlling voting interest is maintained, which is typically present when the Company owns a majority of the voting interest in an entity and the non-controlling interests do not hold any substantive participating rights. In addition, the Company evaluates its relationships with other entities to identify whether they are variable interest entities as defined by Financial Accounting Standards Board ("FASB") Accounting Standards Codification ("ASC") Topic 810, Consolidation ("ASC 810"), and to assess whether it is the primary beneficiary of such entities. If the determination is made that the Company is the primary beneficiary, then that entity is consolidated. All intercompany transactions and balances have been eliminated. Non-controlling interest in subsidiaries are reported as a component of equity or temporary equity in the consolidated balance sheets with disclosure of the net income (loss) and comprehensive income (loss) attributable to the Company and the non-controlling interests on the consolidated statements of operations and the consolidated statements of comprehensive income (loss). The equity method of accounting is used for investments in affiliates and joint ventures where the Company has significant influence over operating and financial policies but not control. Investments in which the Company does not have significant influence over operating and financial policies are accounted for either at fair value if the fair value is readily determinable or at cost, less impairment, adjusted for subsequent observable price changes if the fair value is not readily determinable.
Reclassification	Reclassification Certain reclassifications have been made to the prior periods’ consolidated financial statements in order to conform to the current period presentation, including the recast for discontinued operations (Note 4). These reclassifications did not impact any prior amounts of net income (loss) or cash flows.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the amounts reported and disclosed in the consolidated financial statements and the accompanying disclosures. Significant accounting policies that contain subjective management estimates and assumptions include those related to revenue recognition, allowance for doubtful accounts, content cost amortization and impairment, the fair value of acquired assets and liabilities associated with acquisitions, the fair value of a disposal group associated with divestitures, the fair value of the Company’s reporting units and the assessment of goodwill, other intangible assets and long-lived assets for impairment, consolidation, investments, redeemable non-controlling interests, the fair value of equity-based compensation, tax receivable agreement liability, income taxes and contingencies. Management evaluates these estimates using historical experience and other factors, including the general economic environment and actions it may take in the future. The Company adjusts such estimates when facts and circumstances dictate. However, these estimates may involve significant uncertainties and judgments and cannot be determined with precision. In addition, these estimates are based on management’s best judgment at a point in time and as such, these estimates may ultimately differ from actual results. Changes in estimates resulting from weakness in the economic environment or other factors beyond the Company’s control could be material and would be reflected in the Company’s consolidated financial statements in future periods.
Revenue Recognition	Revenue Recognition The Company’s Owned Sports Properties segment primarily generates revenue via media rights fees, sponsorships, ticket sales, subscriptions, license fees and pay-per-view. The Company’s Events, Experiences & Rights segment primarily generates revenue from media rights sales, production service and studio fees, sponsorships, ticket sales, subscriptions, streaming fees, tuition, profit sharing and commissions. The Company’s Representation segment primarily generates revenue through commissions, packaging fees, marketing and consulting fees, production fees and content licensing fees. The Company’s Sports Data & Technology ("SD&T") segment, which is presented as discontinued operations, primarily generates revenue via streaming and data rights fees, software license fees, and service fees, by providing media, data and technology platforms that offer tailored solutions for sportsbooks as well as proprietary trading and pricing solutions. In accordance with FASB ASC Topic 606, Revenue from Contracts with Customers ("ASC 606"), revenue is recognized when control of the promised goods or services is transferred to the Company’s customers either at a point in time or over time, in an amount that reflects the consideration the Company expects to receive in exchange for those goods or services. For contracts which have more than one performance obligation, the total transaction price, which includes the estimated amount of variable consideration, is allocated based on observable prices or, if standalone selling prices are not readily observable, based on management’s estimate of each performance obligation’s standalone selling price. The variable consideration contained in the Company’s contracts includes sales or usage-based royalties earned on licensing the Company’s intellectual property and commissions earned on sales or usage-based royalties related to representing its clients, which are recognized in accordance with the sales or usage-based royalty exception under ASC 606. The variability related to these royalties will be resolved in the periods when the licensee generates sales or usage related to the intellectual property license. For the Company’s contracts that do not include licensing of intellectual property, the Company either estimates the variable consideration, subject to the constraint, or is using the variable consideration allocation exception if applicable. The following are the Company’s primary sources of revenue. Representation The Company earns commissions on its clients’ earnings from their engagements. As part of the client representation business, the Company represents, supports and advocates for its clients in the sourcing, negotiating, and execution of income generating engagements. The Company’s clients include actors, writers, directors, producers, athletes, models, photographers, musicians and other creative professionals. The Company’s promise, as well as its performance obligation, under the Company’s representation arrangements is to achieve a successful engagement for its clients, which is fulfilled when its clients perform in accordance with the terms of their respective engagements. Accordingly, the Company recognizes commission revenue when a client achieves a successful engagement, as this is when a client also obtains control of the representation service. The Company’s clients may receive a fixed fee for their services or receive a combination of a fixed fee and the potential to earn a back-end profit participation. Such back-end profit participation is generally based on the net profitability from the sales or usage of the intellectual property (e.g., an episodic television series or feature film) in which clients have played a role. The commission the Company receives is calculated based upon the fixed commission rate agreed-upon with the client applied to the client’s earnings successfully achieved for each respective engagement. With respect to arrangements involving a client’s back-end profit participation, the client’s back-end profit participation and, in turn, the Company’s commission is directly tied to the sales or usage of the intellectual property involving its client. Commission revenue from a client’s back-end participation is recognized during the period the profit participation is generated in accordance with the sales and usage-based royalty exception for licenses of intellectual property under ASC 606. The Company earns packaging revenue by playing an integral role in arranging the key creative elements and sale of a program that will be exhibited on broadcast, cable, streaming, video-on-demand or similar platforms. In a package, the Company receives payment directly from the studio for representing the project, and the Company foregoes rights to commission from its represented clients on such project. The Company’s fee in a package typically involves (i) a percentage commission on the initial network license fees for each of the episodes produced in a show that is licensed and broadcast and (ii) a profit participation right equal to a percentage of a contractually defined profitability measure. The commission on the initial network license fee is often subject to a fixed dollar cap per episode. The back-end profit participation is a form of contingent compensation payable out of profits (if any) generated by the packaged program. The Company’s promise, as well as its performance obligation, under packaging arrangements is the successful execution of the project, which is fulfilled when the studio transfers control of each episode of a packaged program to the network. Accordingly, the Company recognizes its commission on the initial network license fee when its customer achieves a successful execution of the project as this is the point in time the Company’s customer obtains control of its service. Commission revenue from participation in back-end profits is directly tied to the sales or usage of the intellectual property licensed by the Company’s customer. Such back-end profit participation is recognized in the period the profit participation is generated in accordance with the sales and usage-based royalty exception for licenses of intellectual property (based on either statements received or management’s estimate if statements are received on a lag). Content Development Revenue from production services and studio fees for the production and licensing of original content, including television properties, documentaries and films, is recognized when the content becomes available for exploitation and has been accepted by the customer. Revenue from production services of live entertainment and sporting events is recognized at the time of the event on a per event basis. Revenue from production services of editorial video content is recognized when the content is delivered to and accepted by the customer and the license period begins. Revenue for license fees that include a royalty is recognized in the period the royalty is generated in accordance with the sales and usage-based royalty exception for licenses of functional intellectual property. Customers for the Company’s production services include broadcast networks, sports federations, independent content producers, and over-the-top streaming service providers among others. Revenue from concept development and advisory services to independent production companies is recognized over the period the services are performed. Content Distribution and Sales The Company is an independent global distributor of sports programming and possesses relationships with a wide variety of broadcasters and media partners around the world. The Company sells media rights globally on behalf of its clients as well as its owned assets, including Ultimate Fighting Championship ("UFC"), World Wrestling Entertainment, Inc. ("WWE") and Professional Bull Riders ("PBR"). For sales of media and broadcast rights for live entertainment and sporting event programming on behalf of clients, the Company has both arrangements in which it is acting as a principal (full rights buy-out model) as well as an agent (commission model). • Full rights buy-out model: For media rights sales in which the Company is acting as a principal, the Company generally will enter into an agreement with the underlying media rights owner to license the media rights prior to negotiating license arrangements with customers, primarily broadcasters and other media distributors. Upon licensing the media rights from the rights owner, the Company obtains control of the rights and has the ability to obtain substantially all the remaining economic benefits of the rights. The Company is also obligated to pay the media rights owner the licensee fee regardless of the Company’s ability to monetize the rights. The Company has discretion in negotiating licensee fees with customers and it retains customer credit risk. The Company recognizes the customer license fees as revenue and the consideration paid to the rights holders for the acquisition of the rights as a direct operating cost. The satisfaction of the performance obligation depends on the number and timing of events delivered and is satisfied when the events take place. • Commission model: For media rights sales in which the Company does not obtain control of the underlying rights, the Company earns a commission equal to a stated percentage of the license fees for the rights distributed. As the Company does not obtain control of the underlying media rights, the Company recognizes the sales commission as revenue. The Company’s performance obligation generally includes distributing the live video feed and revenue is typically recognized on an event basis. For owned assets, the Company enters into media rights agreements with broadcasters and other distributors for the airing of certain programming rights the Company produces. The Company’s media rights agreements are generally for multiple years, include a specified amount of programming (both number of events and duration) and contain fixed annual rights fees. The programming under these arrangements can include several performance obligations for each contract year such as media rights for live event programming, episodic programming, taped programming archives and sponsorship rights at the underlying events. The Company allocates the transaction price across performance obligations based on management’s estimate of the standalone selling price of each performance obligation. License fees from media rights are recognized when the event or program has been delivered and is available for exploitation. The transaction price for live entertainment and sporting event programming rights is generally based on a fixed license fee. Revenues from the sale of subscriptions to UFC FIGHT PASS and WWE Network are recognized ratably over each paid monthly membership period, as the customer benefits from the stand-ready performance obligation evenly throughout the membership period. Deferred revenues consist of subscription fees billed to members that have not been recognized and gift memberships that have not been redeemed. Commission revenue from distribution and sales arrangements for television properties, documentaries and films of independent production companies is recognized when the underlying content becomes available for view or telecast and has been accepted by the customer. Events The Company earns fees from events that it controls in addition to providing event related services to events controlled by third parties. The Company generates revenue primarily through ticket sales and participation entry fees, hospitality and sponsorship sales, and management fees each of which may represent a distinct performance obligation or may be bundled into an experience package. The Company allocates the transaction price to all performance obligations contained within an arrangement based upon their relative stand-alone selling price. For controlled events (owned or licensed), revenue is generally recognized for each performance obligation over the course of the event, multiple events, or contract term in accordance with the pattern of delivery for the particular revenue source. Advance ticket sales, participation entry fees, hospitality sales and bundled experience packages are recorded as deferred revenue pending the event date. Sponsorship income is recognized over the term of the associated event, or events, to which the sponsorship is associated. Revenue from merchandise sales and concessions is recognized when the products are delivered which is generally at point of sale during the event. Where third party vendors provide merchandise sales and concessions for owned events and the Company receives a profit participation on such sales, the Company recognizes the profit participation as revenue. Revenue from pay-per-view programming from owned live sporting events is recorded when the event is aired and is based upon an initial estimate from certain pay-per-view distributors of the number of buys achieved. Pay-per-view programming is distributed through cable, satellite and digital providers to residential and commercial establishments. The Company’s bundled experience packages may include individual tickets, experiential hospitality, hotel accommodations and transportation. For these experience packages, the Company recognizes revenue at the event date when all of the package components have been delivered to the customer. The Company defers the revenue and cost of revenue on experience packages until the date of the event. For services related to third-party controlled events, the Company’s customer is the third-party event owner. The Company earns fixed and/or variable commission revenue for ticket sales, collection of participation entry fees, hospitality sales or sponsorship sales on behalf of an event owner. For these arrangements, the Company recognizes as revenue the stated percentage of commissions due from the event owner (i.e., not the gross ticket sales/earnings from the event itself) as sales are completed, as the Company is acting as an agent of the event owner. The Company also provides event management services to assist third party event owners with producing certain live events, including managing hospitality and sponsorships. The Company earns fixed fees and/or variable profit participation commissions for event management services, and generally recognizes such revenue under the series guidance over the course of the event, multiple events, or contract term in accordance with the pattern of delivery for the service. For event management services, the Company may process payments to third party vendors on behalf of the event owner. The Company accounts for the pass-through of such third-party vendor payments either on a gross or net basis depending on whether the Company obtains control of the third-party vendor’s services. Marketing The Company provides marketing and consultancy services to brands with expertise in brand strategy, activation, sponsorships, endorsements, creative development and design, digital and original content, public relations, live events, branded impact and B2B services. Marketing revenue is either recognized over time, based on the number of labor hours incurred, costs incurred or time elapsed based on the Company’s historical practice of transferring similar services to customers, or at a point in time for live event activation engagements. Consulting fees are typically recognized over time, based on the number of labor hours incurred. Licensing Licensing revenue is generated from royalties or commissions from sales of licensed merchandise by the licensee. The nature of the licensing arrangements is typically for logos, trade names, trademarks and related forms of symbolic intellectual property to include in merchandise sales. Certain of the licensing agreements contain minimum guaranteed fees that are recoupable during the term of the agreement, and variable royalties after the minimum is recouped. The Company recognizes revenue for the fixed consideration over time based on the terms of the arrangement. Variable revenue is recognized during the period the royalty or commission is generated, following the royalty exception for licenses of symbolic intellectual property, based on either statements received or management’s best estimates if statements are received on a lag. Endeavor Streaming Through Endeavor Streaming, the Company offers digital streaming video solutions. The Company’s digital streaming video solutions represent a single performance obligation recognized over time under the series guidance. Revenue is generally recognized upon delivery of the offering to the consumer or over the course of an over-the-top distribution platform subscription agreement term. Revenues from subscription services based on usage, such as data volume, are generally recognized as services are utilized by the customer. Sports Data & Technology Revenue (presented as discontinued operations) Technology platforms revenue includes revenue generated by providing gaming operators licenses for comprehensive sports betting technology solutions enabling end-to-end operation of online sports betting. The Company currently license its technology solutions software, which is functional intellectual property, on a term basis of three to five years and offers its technology solutions based on two different approaches to the market: (i) fixed-fee license; and (ii) revenue-share license. For the fixed-fee license, revenue is recognized over the customer development period and for license renewals upon commencement of the renewal license period. For the revenue-share license, revenue is variable in nature, and as such, revenue is recognized in the period the revenue share is generated in accordance with the sales and usage-based royalty exception for licenses of functional intellectual property. Technology platforms revenue mainly includes technology solutions software, development services and support services. Development services and support services are distinct performance obligations and are recognized over time based on the number of development service hours performed or on a straight-line basis, respectively. The Company allocates the transaction price to the performance obligations contained within an arrangement based upon their relative stand-alone selling price. For the revenue-share licenses, the Company allocates the variable revenue to the license performance obligation. Sports streaming and data revenue includes revenue generated via streaming and data rights fees and by providing information and features that enhance the betting experience. Sports streaming and data revenue is recognized as follows: (i) fixed license fees are recognized when sport matches take place, and (ii) variable fees are recognized in the period the revenue is generated in accordance with the as-invoiced practical expedient. Performance Prior to the sale of the Academy, the Company owned performance facilities used to train and educate athletes. Revenue derived from performance operations was primarily related to membership fees and tuition-based fees (including room and board), which were generally received in advance of the academic year and recorded as deferred revenue. Revenue was recognized ratably over the period of the athletes' membership or attendance at a facility, as the services provided were substantially the same throughout the service period. The Company also provided recruiting and admissions services to high school students and colleges for which the Company earned membership fees. Such fees were either paid upon enrollment or received in monthly installments typically over a 12-month period. Revenue was recognized as services were performed during the term of the contract, which generally ended when a student graduates from high school. Principal versus Agent The Company enters into many arrangements that requires the Company to determine whether it is acting as a principal or an agent. This determination involves judgment and requires evaluation as to whether the Company controls the goods or services before they are transferred to the customer. As part of this analysis, the Company considers if it is primarily responsible for fulfillment and acceptability of the goods or services, if it has the inventory risk before or after the transfer to the customer, and if the Company has discretion in establishing prices.
Direct Operating Costs	Direct Operating Costs Direct operating costs primarily include third-party expenses associated with the production of events and experiences, content production costs, fees for media rights, including required payments related to media sales agency contracts when minimum sales guarantees are not met, venue rental and related costs associated with the staging of live events, compensation costs for athletes and talent, and material and related costs associated with consumer product merchandise sales. Prior to the sale of the Academy, direct operating costs also included the operations of the Company’s training and education facilities.
Selling, General, and Administrative	Selling, General, and Administrative Selling, general and administrative expenses primarily include personnel costs as well as rent, professional service costs and other overhead required to support the Company’s operations and corporate structure.
Cash and Cash Equivalents	Cash and Cash Equivalents Cash and cash equivalents include demand deposit accounts and highly liquid money market accounts with original maturities of three months or less at the time of purchase.
Restricted Cash	Restricted Cash Restricted cash primarily includes cash held in trust on behalf of clients, which has a corresponding liability called deposits received on behalf of clients in the consolidated balance sheets.
Concentration of Credit Risk	Concentration of Credit Risk Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and cash equivalents and accounts receivable. Cash and cash equivalents are maintained with various major banks and other high-quality financial institutions. The Company periodically evaluates the relative credit standings of these banks and financial institutions. The Company’s accounts receivable are typically unsecured and concentrations of credit risk with respect to accounts receivable are limited due to the large number of individuals and entities comprising the Company’s client base. As of December 31, 2024 and 2023, no single customer accounted for 10 % or more of the Company’s accounts receivable. For the year ended December 31, 2024 , no single customer accounted for 10% of the Company's revenue. For the years ended December 31, 2023 and 2022, there was one customer who accounted for more than 10 % of the Company’s revenue.
Accounts Receivable	Accounts Receivable Accounts receivable are recorded at net realizable value. Accounts receivable are presented net of an allowance for doubtful accounts, which is an estimate of expected losses. In determining the amount of the reserve, the Company makes judgments about the creditworthiness of significant customers based on known delinquent activity or disputes and ongoing credit evaluations in addition to evaluating the historical loss rate on the pool of receivables. Accounts receivable includes unbilled receivables, which are established when revenue is recognized, but due to contractual restraints over the timing of invoicing, the Company does not have the right to invoice the customer by the balance sheet date.
Deferred Costs	Deferred Costs Deferred costs principally relate to payments made to event owners and third-party vendors in advance of events taking place, upfront contractual payments and prepayments on media and licensing rights fees and advancements for content production or overhead costs. These costs are recognized when the event takes place or over the respective period of the media and licensing rights. If payments to event owners and third-party vendors are made more than one year in advance of the event, the deferred cost will be classified as other assets in the consolidated balance sheet.
Property, Buildings and Equipment	Property, Buildings and Equipment Property, buildings and equipment are stated at historical cost less accumulated depreciation. Depreciation is charged against income over the estimated useful lives of the assets using the straight-line method. The estimated useful lives of property, buildings and equipment are as follows: Buildings 35 - 40 years Leasehold improvements Lesser of useful life or lease term Furniture, fixtures, office and other equipment 2 - 28.5 years Production equipment 3 - 7 years Computer hardware and software 2 - 5 years Costs of normal repairs and maintenance are charged to expense as incurred.
Leases	Leases The Company determines whether a contract contains a lease at contract inception. The right-of-use asset and lease liability are measured at the present value of the future minimum lease payments, with the right-of-use asset being subject to adjustments such as initial direct costs, prepaid lease payments and lease incentives. Due to the rate implicit in each lease not being readily determinable, the Company uses its incremental collateralized borrowing rate to determine the present value of the lease payments. The lease term includes periods covered by options to extend when it is reasonably certain the Company will exercise such options as well as periods subsequent to an option to terminate the lease if it is reasonably certain the Company will not exercise the termination option. Lease expense for lease payments is recognized on a straight-line basis over the lease term for our operating leases and for our finance leases, we record interest expense on the lease liability and straight-line amortization of the right-of-use asset over the lease term. Variable lease costs are recognized as incurred. Operating lease assets are included on our consolidated balance sheets in non-current assets as an operating right-of-use asset and finance lease assets are included in non-current assets as other assets. Operating lease liabilities are included on our consolidated balance sheets in long-term liabilities for the portion that is due on a long-term basis and in current liabilities for the portion that is due within 12 months of the financial statement date. Finance lease liabilities are included in other long-term liabilities for the portion that is due on a long-term basis and in other current liabilities for the portion that is due within 12 months of the financial statement date.
Business Combinations	Business Combinations The Company accounts for acquisitions in which it obtains control of one or more businesses as a business combination. The purchase price of the acquired businesses, including management’s estimation of the fair value of any contingent consideration, is allocated to the tangible and intangible assets acquired and liabilities assumed based on their estimated fair values at the acquisition date. The excess of the purchase price over those fair values is recognized as goodwill. During the measurement period, which may be up to one year from the acquisition date, the Company may record adjustments, in the period in which they are determined, to the assets acquired and liabilities assumed with the corresponding offset to goodwill. Upon the conclusion of the measurement period or final determination of the values of assets acquired or liabilities assumed, whichever comes first, any subsequent adjustments are recognized in the consolidated statements of operations.
Goodwill	Goodwill Goodwill is tested annually as of October 1 for impairment and at any time upon the occurrence of certain events or substantive changes in circumstances that indicate the carrying amount of goodwill may not be recoverable. The Company has the option to perform a qualitative assessment to determine if an impairment is "more likely than not" to have occurred. If the Company can support the conclusion that the fair value of a reporting unit is greater than its carrying amount under the qualitative assessment, the Company would not need to perform the quantitative impairment test for that reporting unit. If the Company cannot support such a conclusion or the Company does not elect to perform the qualitative assessment, then the Company must perform the quantitative impairment test. When the Company performs a quantitative test, it records the amount of goodwill impairment, if any, as the excess of a reporting unit’s carrying amount over its fair value, not to exceed the total amount of goodwill allocated to the reporting unit. Charges resulting from an impairment test are recorded in impairment charges in the consolidated statements of operations.
Intangible Assets	Intangible Assets Intangible assets consist primarily of trade names and customer and client relationships. Intangible assets with finite lives are recorded at their estimated fair value at the date of acquisition and are amortized over their estimated useful lives using the straight-line method. The estimated useful lives of finite-lived intangible assets are as follows: Trade names 2 - 25 years Customers and client relationships 2 - 22 years Internally developed technology 2 - 9 years Other 2 - 8 years For intangible assets that are amortized, the Company evaluates assets for recoverability when there is an indication of potential impairment or when the useful lives are no longer appropriate. If the undiscounted cash flows from a group of assets being evaluated is less than the carrying value of that group of assets, the fair value of the asset group is determined and the carrying value of the asset group is written down to fair value and an impairment loss is recognized for the difference between the fair value and carrying value, which is recorded in impairment charges in the consolidated statements of operations. Identifiable indefinite-lived intangible assets are tested annually for impairment as of October 1 and at any time upon the occurrence of certain events or substantive changes in circumstances that indicate the carrying amount of an indefinite-lived intangible may not be recoverable. The Company has the option to perform a qualitative assessment to determine if an impairment is "more likely than not" to have occurred. In the qualitative assessment, the Company must evaluate the totality of qualitative factors, including any recent fair value measurements, that impact whether an indefinite-lived intangible asset has a carrying amount that "more likely than not" exceeds its fair value. The Company must then conduct a quantitative analysis if the Company (1) determines that such an impairment is "more likely than not" to exist, or (2) forgoes the qualitative assessment entirely. The impairment test for identifiable indefinite-lived intangible assets consists of a comparison of the estimated fair value of the intangible asset with its carrying value. If the carrying value of the intangible asset exceeds its fair value, an impairment loss is recognized in an amount equal to that excess and is recorded in impairment charges in the consolidated statements of operations.
Investments	Investments For equity method investments, the Company periodically reviews the carrying value of its investments to determine if there has been an other-than-temporary decline in fair value below carrying value. For equity investments without readily determinable fair value, the Company performs a qualitative assessment at each reporting period. A variety of factors are considered when determining if an impairment exists, including, among others, the financial condition and business prospects of the investee, as well as the Company’s investment intent.
Content Costs	Content Costs The Company incurs costs to produce and distribute film and television content, which are monetized on a title-by-title basis. These costs include development costs, direct costs of production as well as allocations of overhead and capitalized interest, where applicable. The Company capitalizes these costs and includes them in other assets in the consolidated balance sheet. Content costs are amortized over the estimated period of ultimate revenue subject to an individual-film-forecast model. The Company’s estimates of ultimate revenue are based on industry and Company specific trends as well as the historical performance of similar content. These estimates are reviewed at the end of each reporting period and adjustments, if any, will result in changes to amortization rates. Participations and residuals are expensed in line with the amortization of production costs. Such amortization is recorded in direct operating expenses in the consolidated statements of operations. Unamortized content costs are also tested for impairment whenever there is an impairment indication, as a result of certain triggering events or changes in circumstances, that the fair value of the individual film and television content may be less than its unamortized costs. The impairment test compares the estimated fair value of the individual film and television content to the carrying value of the unamortized content costs. Where the unamortized content costs exceed the fair value, the excess is recorded as an impairment charge in the consolidated statements of operations.
Content Production Incentives	Content Production Incentives As there is no authoritative guidance under U.S. GAAP on accounting for government assistance to for profit business entities, the Company accounts for content production incentives by analogy to International Accounting Standard ("IAS") 20, Accounting for Government Grants and Disclosure of Government Assistance. The Company has access to various governmental programs primarily related to WWE that are designed to promote content production within the United States and certain international jurisdictions. Tax incentives earned with respect to expenditures on qualifying film production activities are included as an offset to other assets in the consolidated balance sheets. Tax incentives earned with respect to expenditures on qualifying capital projects are included as an offset to property, buildings and equipment, net in the consolidated balance sheets. Tax incentives earned with respect to expenditures on qualifying television and other production activities are recorded as an offset to production expenses within direct operating costs within the consolidated statements of operations. The Company recognizes these benefits when we have reasonable assurance regarding the realizable amount of the tax credits. The realizable amount is recorded within accounts receivable, net in the consolidated balance sheets until the Company receives the funds from the respective governmental jurisdiction.
Debt Issuance Costs	Debt Issuance Costs Costs incurred in connection with the issuance of the Company’s long-term debt have been recorded as a direct reduction against the debt and amortized over the life of the associated debt as a component of interest expense using the effective interest method. Costs incurred with the issuance of the Company’s revolving credit facilities have been deferred and amortized over the term of the facilities as a component of interest expense using the straight-line method. These deferred costs are included in other assets in the consolidated balance sheets.
Fair Value Measurements	Fair Value Measurements The Company accounts for certain assets and liabilities at fair value. Fair value measurements are categorized within a fair value hierarchy, which is comprised of three categories. Categorization within the fair value hierarchy is based on the lowest level of input that is significant to the fair value measurement. The carrying values reported in the consolidated balance sheets for cash and cash equivalents, restricted cash, accounts receivable, accounts payable, accrued liabilities and deposits received on behalf of clients approximate fair value because of the immediate or short-term maturities of these financial instruments. The Company’s assets measured at fair value on a nonrecurring basis include investments, long-lived assets, indefinite-lived intangible assets and goodwill. These assets are not measured and adjusted to fair value on an ongoing basis but are subject to periodic evaluations for potential impairment (Note 7 and Note 8 ). The resulting fair value measurements of the assets are considered to be Level 3 measurements.
Non controlling Interests	Non-controlling Interests Non-controlling interests in consolidated subsidiaries represent the component of equity in consolidated subsidiaries held by third parties. Any change in ownership of a subsidiary while the controlling financial interest is retained is accounted for as an equity transaction between the controlling and non-controlling interests. In addition, when a subsidiary is deconsolidated, any retained non-controlling equity investment in the former subsidiary will be initially measured at fair value and the difference between the carrying value and fair value of the retained interest will be recorded as a gain or loss. Non-controlling interests with redemption features, such as put options, that are not solely within the Company’s control are considered redeemable non-controlling interests. Redeemable non-controlling interests are considered to be temporary equity and are reported in the mezzanine section between total liabilities and shareholders’ equity in the consolidated balance sheets. Redeemable non-controlling interests are recorded at the greater of carrying value, which is adjusted for the non-controlling interests’ share of net income or loss, or estimated redemption value at each reporting period. If the carrying value, after the income or loss attribution, is below the estimated redemption value at each reporting period, the Company remeasures the redeemable non-controlling interests to its redemption value.
Equity based compensation	Equity-Based Compensation Equity-based compensation is accounted for in accordance with ASC Topic 718-10, Compensation-Stock Compensation. The Company records compensation costs related to its incentive awards. Equity-based compensation cost is measured at the grant date based on the fair value of the award. Compensation cost for time-based awards is recognized ratably over the applicable vesting period. Compensation cost for performance-based awards with a performance condition is reassessed each period and recognized based upon the probability that the performance conditions will be achieved. The performance-based awards with a performance condition are expensed when the achievement of performance conditions are probable. The total expense recognized over the vesting period will only be for those awards that ultimately vest. Compensation cost for performance-based awards with a market condition is recognized regardless of the number of units that vest based on the market condition and is recognized on straight-line basis over the estimated service period, with each tranche separately measured. Compensation expense is not reversed even if the market condition is not satisfied. See Note 15 for further discussion of the Company’s equity-based compensation.
Earnings per Share	Earnings per Share Earnings per share ("EPS") is computed in accordance with ASC 260, Earnings per Share. Basic EPS is computed by dividing the net income available to our Class A Common Stockholders by the weighted average number of shares outstanding for the period. Diluted EPS is calculated by dividing the net income available for common stockholders by the diluted weighted average shares outstanding for that period. Diluted EPS includes the determinants of basic EPS and, in addition, reflects the dilutive effect of additional shares of Class A Common Stock issuable in exchange for redemption of certain redeemable non-controlling interests and vested units of Endeavor Manager and EOC, as well as under the Company’s share based compensation plans (if dilutive), with adjustments to net income available for common stockholders for dilutive potential common shares. The Company may be required to calculate basic EPS using the two-class method as a result of our redeemable non-controlling interests. To the extent that the redemption value increases and exceeds the then-current fair value of a redeemable non-controlling interest, net income available to common stockholders (used to calculate EPS) could be negatively impacted by that increase, subject to certain limitations. The partial or full recovery of any reductions to net income available to common stockholders (used to calculate EPS) is limited to any cumulative prior- period reductions. There was no impact to EPS for such adjustments related to our redeemable non-controlling interests.
Income Taxes	Income Taxes The Company was incorporated as a Delaware corporation in January 2019. It was formed as a holding company for the purpose of completing an IPO and other related transactions. As the sole managing member of Endeavor Manager, which is the sole managing member of EOC, EGH operates and controls all the business and affairs of EOC, and through EOC and its subsidiaries, conducts the Company’s business. EGH is subject to corporate income tax on its share of taxable income or loss of EOC derived through Endeavor Manager. EOC is treated as a partnership for U.S. federal income tax purposes and is therefore not subject to U.S. corporate income tax. The Company’s U.S. and foreign corporate subsidiaries are subject to entity-level taxes. The Company also is subject to entity- level income taxes in certain U.S. state and local jurisdictions. In addition, TKO, which is a consolidated subsidiary of EGH, is subject to corporate income tax. The Company accounts for income taxes under the asset and liability method in accordance with ASC Topic 740, Income Taxes ("ASC 740"). Deferred tax assets and liabilities are recognized for the future tax consequences attributable to differences between the financial statement carrying amounts of existing assets and liabilities and their respective tax bases and operating loss and tax credit carryforwards. Deferred tax assets and liabilities are measured using enacted tax rates expected to apply to taxable income in the years in which those temporary differences are expected to be recovered or settled. The effect on deferred tax assets and liabilities of a change in tax rates is recognized in income in the period that includes the enactment date. Significant factors considered by the Company in estimating the probability of the realization of deferred tax assets include expectations of future earnings and taxable income, as well as the application of tax laws in the jurisdictions in which the Company operates. A valuation allowance is provided when the Company determines that it is "more likely than not" that a portion of a deferred tax asset will not be realized. ASC 740 prescribes a minimum probability threshold that a tax position must meet before a financial statement benefit is recognized. The minimum threshold is defined as a tax position that is "more likely than not" to be sustained upon examination by the applicable taxing authority, including resolution of any related appeals or litigation processes, based on the technical merits of the position. The tax benefit to be recognized is measured as the largest amount of benefit that is greater than 50 % likely of being realized upon ultimate settlement. To the extent the Company prevails in matters for which a liability for an unrecognized tax benefit is established or is required to pay amounts in excess of the liability, the Company’s effective tax rate in a given financial statement period may be affected. The Company recognizes interest and penalties related to unrecognized tax benefits on the income tax expense line in the consolidated statements of operations. Accrued interest and penalties are included in the related tax liability line in the consolidated balance sheets.
Tax Receivable Agreement Liability	Tax Receivable Agreement Liability Generally, we are required under the tax receivable agreement ("TRA") to make payments to the TRA Holders that are generally equal to 85 % of the applicable cash tax savings, if any, in U.S. federal, state and local income tax or franchise tax that we realize or are deemed to realize (determined by using certain assumptions) as a result of favorable tax attributes that will be available to us as a result of certain transactions contemplated in connection with our IPO, exchanges of EOC Units for Class A common stock or cash and payments made under the TRA. The timing and amounts payable under the TRA will vary depending upon a number of factors, including the amount, character and timing of the taxable income of EGH in the future and the tax rates in effect. The Company recognizes obligations under the TRA after concluding that it is probable that the Company would have sufficient future taxable income to utilize the related tax benefits. The projection of future taxable income involves judgment and actual taxable income may differ from the Company’s estimates, which could impact the timing of payments under the TRA.
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities Derivative financial instruments are used by the Company in the management of its foreign currency exposures and interest rate risks. The Company’s policy is not to use derivative financial instruments for trading or speculative purposes. The Company enters into forward foreign exchange contracts to hedge its foreign currency exposure on future production expenses denominated in various foreign currencies as well as to economically hedge certain of its foreign currency risks. In addition, the Company enters into interest rate swaps to hedge certain of its interest rate risks. The Company evaluates whether its derivative financial instruments qualify for hedge accounting at the inception of the contract. The fair value of the derivative financial instrument is recorded in the consolidated balance sheets. Changes in the fair value of the derivative financial instruments that are designated for hedge accounting are reflected in accumulated other comprehensive income (loss), a separate component of shareholders’ equity, and changes in the fair value of the derivative financial instruments that are not designated for hedge accounting are reflected in the consolidated statements of operations. Gains and losses reflected in accumulated other comprehensive income (loss) for production expenses are amortized to the consolidated statements of operations on the same basis as the production expenses being hedged and for interest rate swaps are recognized in interest expense on settlement.
Foreign Currency	Foreign Currency The Company has operations outside of the United States. Therefore, changes in the value of foreign currencies affect the consolidated financial statements when translated into U.S. Dollars. The functional currency for substantially all subsidiaries outside the U.S. is the local currency. Financial statements for these subsidiaries are translated into U.S. Dollars at period end exchange rates for assets and liabilities and monthly average exchange rates for revenue, expenses and cash flows. For these countries, currency translation adjustments are recognized in shareholders’ equity as a component of accumulated other comprehensive income (loss), whereas transaction gains and losses are recognized in other income (expense), net in the consolidated statements of operations. The Company recognized $ 5.7 million, $( 16.0 ) million and $ 26.1 million of realized and unrealized foreign currency transaction losses (gains) for the years ended December 31, 2024, 2023 and 2022 , respectively.

RECENT ACCOUNTING PRONOUNCEME_2

RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Recently Adopted Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2022, the FASB issued Accounting Standard Update ("ASU") 2022-03, Fair Value Measurements (Topic 820): Fair Value Measurement of Equity Securities Subject to Contractual Sale Restrictions. This ASU clarifies the guidance in Topic 820, Fair Value Measurement, when measuring the fair value of an equity security subject to contractual restrictions that prohibit the sale of that security. The amendments in this update were effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. In March 2023, the FASB issued ASU 2023-01, Leases (Topic 842): Common Control Arrangements. This ASU amends certain provisions in Topic 842, Leases, that apply to arrangements between related parties under common control. The amendments in this update were effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. In March 2023, the FASB issued ASU 2023-02, Investments—Equity Method and Joint Ventures (Topic 323): Accounting for Investments in Tax Credit Structures Using the Proportional Amortization Method (a consensus of the Emerging Issues Task Force). This ASU allows a reporting entity to elect to account for its tax equity investments by using the proportional amortization method regardless of the program from which it receives income tax credits, provided certain conditions are met. The amendments in this update were effective for public entities for fiscal years beginning after December 15, 2023, and interim periods within those fiscal years. The Company adopted this guidance on January 1, 2024 with no material effect on the Company’s financial position or results of operations. In November 2023, the FASB issued ASU 2023-07, Improvements to Reportable Segment Disclosures. This ASU improves reportable segment disclosure requirements, primarily through enhanced disclosures about significant segment expenses. The amendments in this update were effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. The Company adopted this guidance for the year ended December 31, 2024 with the comparative periods updated to reflect additional disclosures. See Note 19 for further detail.
Recently Issued Accounting Pronouncements Not Yet Adopted	Recently Issued Accounting Pronouncements In August 2023, the FASB issued ASU 2023-05, Business Combinations – Joint Venture Formations (Subtopic 805-60): Recognition and Initial Measurement. This ASU addresses the accounting for contributions made to a joint venture, upon formation, in a joint venture’s separate financial statements. The amendments in this update are effective to all joint venture formations with a formation date on or after January 1, 2025. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In October 2023, the FASB issued ASU 2023-06, Disclosure Improvements: Codification Amendments in Response to the SEC’s Disclosure Update and Simplification Initiative. This ASU amends the disclosure or presentation requirements related to various subtopics in the FASB Accounting Standards Codification. The effective dates of this ASU depend on the specific codification subtopic and the date on which the SEC’s removal of that related disclosure requirement from Regulation S-X or Regulation S-K becomes effective. Early adoption is prohibited. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In December 2023, the FASB issued ASU 2023-08, Intangibles—Goodwill and Other—Crypto Assets (Subtopic 350-60): Accounting for and Disclosure of Crypto Assets. This ASU requires that crypto assets be measured at fair value in the statement of financial position each reporting period with changes from remeasurement recognized in net income. The amendments also require that an entity provide enhanced disclosures for both annual and interim reporting periods. The amendments in this update are effective for all entities for fiscal years beginning after December 15, 2024, including interim periods within those fiscal years. The adoption will not have a material effect on the Company’s financial position or results of operations. In December 2023, the FASB issued ASU 2023-09, Income Taxes (Topic 740): Improvements to Income Tax Disclosures. This ASU requires that an entity annually disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold (if the effect of those reconciling items is equal to or greater than 5 percent of the amount computed by multiplying pretax income or loss by the applicable statutory income tax rate). The amendments in this update are effective for all entities for fiscal years beginning after December 15, 2024. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In March 2024, the FASB issued ASU 2024-01, Compensation—Stock Compensation (Topic 718). This ASU illustrates how to apply the scope guidance to determine whether a profits interest award should be accounted for as a share-based payment arrange under Accounting Standards Codification ("ASC") 718 or another accounting standard. The amendments in this update are effective for public entities for fiscal years beginning after December 15, 2024. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In March 2024, the FASB issued ASU 2024-02 Codification Improvements – Amendments to Remove References to the Concepts Statements. This ASU amends the ASC by removing references to various FASB Concepts Statements to simplify the ASC and draw a distinction between authoritative and non-authoritative literature. The amendments in this update apply to all reporting entities within the scope of the affected accounting guidance and are effective for public entities for fiscal years beginning after December 15, 2024. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In November 2024, the FASB issued ASU 2024-03, Income Statement—Reporting Comprehensive Income—Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses. This ASU improves the disclosures about a public business entity’s expenses and addresses requests from investors for more detailed information about the types of expenses in commonly presented expense captions. The amendments in this update are effective for public entities for annual reporting periods beginning after December 15, 2026, and interim reporting periods beginning after December 15, 2027. Early adoption is permitted. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. In November 2024, the FASB issued ASU 2024-04, Debt — Debt with Conversion and Other Options (Subtopic 470-20) — Induced Conversions of Convertible Debt Instruments. This ASU clarifies the requirements related to accounting for the settlement of a debt instrument as an induced conversion. The amendments in this update are effective for all entities for fiscal years beginning after December 15, 2025, and interim periods within those fiscal years. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2024
Accounting Policies [Abstract]
Schedule of Estimated Useful Lives of Property and Equipment	The estimated useful lives of property, buildings and equipment are as follows: Buildings 35 - 40 years Leasehold improvements Lesser of useful life or lease term Furniture, fixtures, office and other equipment 2 - 28.5 years Production equipment 3 - 7 years Computer hardware and software 2 - 5 years
Summary of Estimated Useful Lives of Finite-lived Intangible Assets	Intangible assets consist primarily of trade names and customer and client relationships. Intangible assets with finite lives are recorded at their estimated fair value at the date of acquisition and are amortized over their estimated useful lives using the straight-line method. The estimated useful lives of finite-lived intangible assets are as follows: Trade names 2 - 25 years Customers and client relationships 2 - 22 years Internally developed technology 2 - 9 years Other 2 - 8 years

DISCONTINUED OPERATIONS AND H_2

DISCONTINUED OPERATIONS AND HELD FOR SALE (Tables)	12 Months Ended
	Dec. 31, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations	The following table presents the aggregate carrying amounts of major classes of assets and liabilities in the consolidated balance sheets related to the SD&T segment as of December 31, 2024 and 2023 (in thousands): December 31, December 31, 2024 2023 Assets of discontinued operations: Accounts receivable $ 111,686 $ 128,933 Deferred costs 39,966 20,963 Other current assets 23,883 20,563 Current assets of discontinued operations 175,535 170,459 Property and equipment, net 35,215 30,262 Operating lease right-of-use assets 8,955 10,691 Intangible assets, net 396,827 400,081 Goodwill 418,730 634,696 Investments (1) 27,018 3,792 Deferred income taxes 182 426 Other assets 18,146 22,219 Valuation allowance ( 525,903 ) — Long-term assets of discontinued operations 379,170 1,102,167 Total assets of discontinued operations $ 554,705 $ 1,272,626 Liabilities of discontinued operations: Accounts payable $ 102,033 $ 125,247 Accrued liabilities 26,014 26,335 Current portion of operating lease liabilities 1,962 2,330 Deferred revenue 42,418 5,225 Other current liabilities 17,479 40,139 Current liabilities of discontinued operations 189,906 199,276 Long-term operating lease liabilities 5,901 8,532 Deferred tax liabilities 74,044 81,188 Other long-term liabilities 14,942 12,657 Long-term liabilities of discontinued operations 94,887 102,377 Total liabilities of discontinued operations $ 284,793 $ 301,653 (1) During the year ended December 31, 2024, the Company committed to funding $ 10.0 million for an investment. The following table presents the statements of operations for the discontinued operations of the SD&T segment for the three years ended December 31, 2024 (in thousands): Year ended December 31, 2024 2023 2022 Revenue $ 371,902 $ 469,380 $ 260,534 Operating expenses: Direct operating costs 237,363 229,700 136,530 Selling, general and administrative expenses 188,082 172,385 80,757 Depreciation and amortization 24,537 51,307 18,042 Impairment charges (1) 205,928 — — Total operating expenses 655,910 453,392 235,329 Operating (loss) income ( 284,008 ) 15,988 25,205 Other (expense) income: Interest income, net 1,336 554 95 Other (expense) income, net (2) ( 537,883 ) 137 ( 4,442 ) (Loss) income from discontinued operations before income taxes and equity losses of affiliates ( 820,555 ) 16,679 20,858 (Benefit from) provision for income taxes ( 138,173 ) 10,950 9,194 (Loss) income from discontinued operations before equity losses of affiliates ( 682,382 ) 5,729 11,664 Equity losses of affiliates, net of tax ( 250 ) — — (Loss) income from discontinued operations, net of tax ( 682,632 ) 5,729 11,664 (Loss) income attributable to non-controlling interests ( 258,418 ) 6,335 4,830 (Loss) income from discontinued operations attributable to Endeavor Group Holdings, Inc. $ ( 424,214 ) $ ( 606 ) $ 6,834 (1) During the year ended December 2024, the Company performed impairment reviews of the SD&T reporting unit due to triggering events. As a result, the Company recorded non-cash impairment charge s of $ 205.9 million in the year ended December 31, 2024 for goodwill driven by lower streaming and data rights projections combined with the transaction method calculation. (2) The Company recorded a $ 525.9 million loss to write-down th e SD&T segment's carrying value to its estimated fair value less costs to sell in the year ended December 31, 2024, respectively.
Summary of Major Classes of Assets and Liabilities Held For Sale	The major classes of assets and liabilities held for sale, respectively, in the consolidated balance sheet as of December 31, 2024 were as follows (in thousands): December 31, 2024 Accounts receivable $ 26,336 Deferred costs 10,386 Other current assets 5,170 Property and equipment 43,834 Operating lease right-of-use assets 4,758 Intangible assets, net 462,397 Goodwill 326,763 Deferred income taxes 359 Other assets 901 Total assets held for sale $ 880,904 Accounts payable and accrued expenses $ 35,072 Current portion of operating lease liabilities 1,827 Deferred revenue 44,799 Deposits received on behalf of clients 578 Other current liabilities 1,559 Long-term operating lease liabilities 3,874 Deferred tax liabilities 8,386 Other long-term liabilities 4,214 Total liabilities held for sale $ 100,309

ACQUISITIONS AND DIVESTITURES (

ACQUISITIONS AND DIVESTITURES (Tables)	12 Months Ended
	Dec. 31, 2024
Business Combinations [Abstract]
Schedule of Fair Values of the Assets Acquired and the Liabilities Assumed in the Business Combination	The acquisition was accounted for as a business combination and the fair values of the assets acquired and liabilities assumed in the business combination are as follows (in thousands): WWE Cash and cash equivalents $ 381,153 Accounts receivable 105,237 Other current assets 89,256 Property, buildings and equipment 398,004 Right of use assets 12,337 Investments 12,007 Other assets 283,287 Intangible assets: Trade names 2,188,200 Customer relationships 900,500 Internally developed technology 30,000 Other 98,300 Goodwill 5,063,068 Accounts payable and accrued expenses ( 124,280 ) Operating lease liability ( 12,224 ) Deferred revenue ( 54,190 ) Deferred tax liabilities ( 663,193 ) Debt ( 16,934 ) Other long-term liabilities ( 258,467 ) Net assets acquired $ 8,432,061 The acquisitions were accounted for as business combinations and the fair values of the assets acquired and liabilities assumed in the business combinations are as follows (in thousands): DBH Madrid Open Barrett-Jackson OpenBet Cash and cash equivalents $ — $ 18,659 $ 10,783 $ 49,795 Accounts receivable 89 2,123 1,706 50,170 Deferred costs — 1,124 — — Other current assets 491 470 1,386 12,237 Property, buildings and equipment 4,403 162 4,290 4,961 Right of use assets 7,270 — 6,828 8,401 Investments — — — 1,100 Deferred income taxes — — 1,281 Other assets 103 381 — 5,971 Intangible assets: Trade names — — 120,900 67,000 Customer relationships 1,960 — 12,300 134,000 Internally developed software — — 1,300 139,000 Owned events — 407,070 — — Other 35,410 — — 14,300 Goodwill 25,585 14,419 331,150 470,029 Accounts payable and accrued expenses ( 93 ) ( 1,609 ) ( 7,009 ) ( 13,324 ) Other current liabilities ( 56 ) — — ( 13,085 ) Operating lease liability ( 9,470 ) — ( 4,458 ) ( 8,401 ) Deferred revenue ( 1,455 ) ( 20,780 ) ( 667 ) ( 3,756 ) Debt — — ( 11,439 ) — Other long-term liabilities — ( 3,508 ) — ( 75,892 ) Redeemable non-controlling interests — — ( 210,150 ) — Net assets acquired $ 64,237 $ 418,511 $ 256,920 $ 843,787
Schedule of Pro Forma Financial Information	The following unaudited pro forma financial information presents the Company’s financial results as if the WWE acquisition had occurred as of January 1, 2022 (in thousands): Year Ended December 31, 2023 2022 Pro forma revenue $ 6,422,771 $ 6,287,521 Pro forma net income (loss) 634,692 ( 80,633 )

HELD FOR SALE (Tables)

HELD FOR SALE (Tables)	12 Months Ended
	Dec. 31, 2024
Asset, Held-for-Sale, Not Part of Disposal Group [Abstract]
Summary of Major Classes of Assets and Liabilities Held For Sale	The major classes of assets and liabilities held for sale, respectively, in the consolidated balance sheet as of December 31, 2024 were as follows (in thousands): December 31, 2024 Accounts receivable $ 26,336 Deferred costs 10,386 Other current assets 5,170 Property and equipment 43,834 Operating lease right-of-use assets 4,758 Intangible assets, net 462,397 Goodwill 326,763 Deferred income taxes 359 Other assets 901 Total assets held for sale $ 880,904 Accounts payable and accrued expenses $ 35,072 Current portion of operating lease liabilities 1,827 Deferred revenue 44,799 Deposits received on behalf of clients 578 Other current liabilities 1,559 Long-term operating lease liabilities 3,874 Deferred tax liabilities 8,386 Other long-term liabilities 4,214 Total liabilities held for sale $ 100,309

SUPPLEMENTARY DATA (Tables)

SUPPLEMENTARY DATA (Tables)	12 Months Ended
	Dec. 31, 2024
Supplementary Data [Abstract]
Summary of Property, Buildings and Equipment	Property, buildings and equipment consisted of the following (in thousands): December 31, 2024 2023 Land $ 50,626 $ 81,246 Buildings and improvements 584,070 650,287 Furniture and fixtures 163,852 166,503 Office, computer, production and other equipment 286,982 260,210 Computer software 184,907 219,982 Construction in progress 55,804 42,858 1,326,241 1,421,086 Less: accumulated depreciation ( 539,984 ) ( 506,441 ) Total property, buildings and equipment, net $ 786,257 $ 914,645
Summary of Accrued Liabilities	The following is a summary of accrued liabilities (in thousands): December 31, 2024 2023 Accrued operating expenses $ 339,483 $ 322,347 Legal settlement (Note 21) 250,000 — Payroll, bonuses and benefits 225,420 256,715 Other 68,504 105,328 Total accrued liabilities $ 883,407 $ 684,390
Summary of Valuation and Qualifying Accounts	The following table sets forth information about the Company's valuation and qualifying accounts (in thousands): Balance at Additions/ Divestitures / Balance at Beginning to Costs and Foreign Assets Held End of of Year Expenses, Net Deductions Exchange for Sale Year Allowance for doubtful accounts Year Ended December 31, 2024 $ 58,026 $ 12,734 $ ( 19,410 ) $ 6,546 $ ( 1,725 ) $ 56,171 Year Ended December 31, 2023 $ 51,755 $ 25,898 $ ( 13,603 ) $ 775 $ ( 6,799 ) $ 58,026 Year Ended December 31, 2022 $ 54,786 $ 13,841 $ ( 14,963 ) $ ( 1,909 ) $ — $ 51,755 Deferred tax valuation allowance Year Ended December 31, 2024 $ 182,513 $ 35,410 $ — $ ( 715 ) $ — $ 217,208 Year Ended December 31, 2023 $ 171,521 $ 11,064 $ — $ ( 72 ) $ — $ 182,513 Year Ended December 31, 2022 $ 858,932 $ ( 686,369 ) $ — $ ( 1,042 ) $ — $ 171,521
Summary of Supplemental Cash Flow	The Company’s supplemental cash flow information is as follows (in thousands): Years Ended December 31, 2024 2023 2022 Supplemental information: Cash paid for interest $ 420,068 $ 353,932 $ 242,972 Cash payments for income taxes 123,681 73,654 42,084 Non-cash investing and financing activities: Capital expenditures included in accounts payable and accrued liabilities $ 13,105 $ 57,472 $ 31,922 Contingent consideration provided in connection with acquisitions 45,830 7,637 1,500 Establishment and acquisition of non-controlling interests — 6,331 414,985 Accretion of redeemable non-controlling interests 8,036 ( 6,465 ) 83,225 Investment in affiliates retained from a business divestiture — — 202,220 Deferred consideration in connection with acquisitions 2,567 6,567 31,770 Non-cash contributions from non-controlling interests 1,493 9,000 — Issuance of Class A common stock due to an acquisition — 781 70,254 Acquisition of WWE, net of deferred consideration — 8,111,055 — Items arising from exchanges of EOC units and Endeavor Manager units, and changes in ownership: Establishment of liabilities under tax receivable agreement 21,052 69,465 4,639 Deferred tax asset 38,729 56,443 5,458

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Changes in the Carrying Value of Goodwill	The changes in the carrying value of goodwill are as follows (in thousands): Owned Sports Properties Events, Experiences & Rights Representation Total Balance — December 31, 2022 $ 2,674,038 $ 1,504,976 $ 498,256 $ 4,677,270 Acquisitions 5,063,775 20,539 19,175 5,103,489 Divestiture — ( 235,376 ) — ( 235,376 ) Impairment $ — ( 31,772 ) — ( 31,772 ) Foreign currency translation and other 71 3,526 ( 65 ) 3,532 Balance — December 31, 2023 $ 7,737,884 $ 1,261,893 $ 517,366 $ 9,517,143 (1) Acquisitions — — 46,032 46,032 Impairment — ( 72,207 ) — ( 72,207 ) Assets held for sale — ( 326,763 ) — ( 326,763 ) Foreign currency translation and other ( 2,266 ) ( 509 ) ( 2,020 ) ( 4,795 ) Balance — December 31, 2024 $ 7,735,618 $ 862,414 $ 561,378 $ 9,159,410 (1) (1) Net of accumulated impairment losses of $ 296.6 million and $ 224.4 million as of December 31, 2024 and 2023, respectively.
Summary of Company's Identifiable Intangible Assets	The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2024 (in thousands): Weighted Average Gross Accumulated Carrying Amortized: Trade names 22.7 $ 3,136,284 $ ( 548,556 ) $ 2,587,728 Customer and client relationships 8.3 2,200,017 ( 1,305,148 ) 894,869 Internally developed technology 2.9 78,530 ( 53,125 ) 25,405 Other 4.0 147,950 ( 81,485 ) 66,465 5,562,781 ( 1,988,314 ) 3,574,467 Indefinite-lived: Trade names 381,789 — 381,789 Owned events 52,289 — 52,289 Total intangible assets $ 5,996,859 $ ( 1,988,314 ) $ 4,008,543 The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2023 (in thousands): Weighted Average Gross Accumulated Carrying Amortized: Trade names 22.7 $ 3,138,390 $ ( 420,798 ) $ 2,717,592 Customer and client relationships 8.3 2,229,807 ( 1,159,370 ) 1,070,437 Internally developed technology 3.2 104,248 ( 68,216 ) 36,032 Other 4.0 149,187 ( 53,994 ) 95,193 5,621,632 ( 1,702,378 ) 3,919,254 Indefinite-lived: Trade names 410,113 — 410,113 Owned events 482,917 — 482,917 Total intangible assets $ 6,514,662 $ ( 1,702,378 ) $ 4,812,284
Summary of Estimated Annual Intangible Amortization	Estimated annual intangible amortization for the next five years and thereafter is as follows (in thousands): Years Ending December 31, 2025 $ 302,057 2026 288,308 2027 251,719 2028 232,418 2029 227,541 Thereafter 2,272,424 Total $ 3,574,467

INVESTMENTS (Tables)

INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2024
Investments, Debt and Equity Securities [Abstract]
Summary of Company's Investments	The following is a summary of the Company’s investments (in thousands): December 31, 2024 2023 Equity method investments (1) $ 205,474 $ 199,987 Equity investments without readily determinable fair values 194,834 193,867 Equity investments with readily determinable fair values 676 325 Total investments $ 400,984 $ 394,179 (1) The book value o f four equity method investments exceeded the Company’s percentage ownership share of their underlying net assets by $ 17.2 million, $ 27.3 million, $ 13.2 million and $ 9.6 million as of December 31, 2024 and $ 21.5 million, $ 27.7 million, none and $ 10.6 million as of December 31, 2023 . The basis differences, primarily resulting from acquisition purchase price step-ups on the investments, are accounted for as goodwill, which is not tested for impairment separately. Instead, the investments are tested if there are indicators of an other-than-temporary decline in carrying value.
Summary of Equity Method Investments	The following is a summary of financial data for investments in affiliates accounted for under the equity method of accounting (in thousands): 2024 2023 Current assets $ 809,859 $ 809,291 Non-current assets 1,088,871 1,091,480 Current liabilities 833,161 762,109 Non-current liabilities 437,738 483,441 Years Ended December 31, 2024 2023 2022 Revenue $ 1,427,903 $ 791,337 $ 1,826,585 Income (loss) from operations 31,173 322 ( 211,924 ) Net Loss ( 62,532 ) ( 81,865 ) ( 359,665 )

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	12 Months Ended
	Dec. 31, 2024
Financial Instrument Disclosure [Abstract]
Schedule of Outstanding Forward Foreign Exchange Contracts Balances	As of December 31, 2024, the Company had the following outstanding forward foreign exchange contracts (all outstanding contracts have maturities of less than 12 months from December 31, 2024) (in thousands except for exchange rates): Foreign Currency Foreign US Dollar Weighted Average British Pound Sterling £ 13,569 in exchange for $ 17,264 £ 0.79 Euro € 1,950 in exchange for $ 2,132 € 0.91 Singapore Dollar S$ 2,050 in exchange for $ 1,540 S$ 1.33 Canadian Dollar C$ 850 in exchange for $ 627 C$ 1.36 United Arab Emirates Dirham 3,200 د.إ.‏ in exchange for $ 872 د.إ 3.67

FAIR VALUE MEASUREMENTS (Tables

FAIR VALUE MEASUREMENTS (Tables)	12 Months Ended
	Dec. 31, 2024
Fair Value Disclosures [Abstract]
Summary of Fair Value Of Assets and Liabilities Measured on Recurring Basis	The following tables present, for each of the fair value hierarchy levels, the Company’s assets and liabilities that are measured at fair value on a recurring basis (in thousands): Fair Value Measurements as of December 31, 2024 Level I Level II Level III Total Assets: Investments in equity securities with readily determinable fair values $ 676 $ — $ — $ 676 Forward foreign exchange contracts — 3,308 — 3,308 Interest rate swaps — 718 — 718 Total $ 676 $ 4,026 $ — $ 4,702 Liabilities: Contingent consideration $ — $ — $ 51,901 $ 51,901 Forward foreign exchange contracts — 2,544 — 2,544 Total $ — $ 2,544 $ 51,901 $ 54,445 Fair Value Measurements as of December 31, 2023 Level I Level II Level III Total Assets: Investments in equity securities with readily determinable fair values $ 325 $ — $ — $ 325 Forward foreign exchange contracts — 1,402 — 1,402 Interest rate swaps — 32,683 — 32,683 Total $ 325 $ 34,085 $ — $ 34,410 Liabilities: Contingent consideration $ — $ — $ 8,103 $ 8,103 Forward foreign exchange contracts — 3,372 — 3,372 Total $ — $ 3,372 $ 8,103 $ 11,475

DEBT (Tables)

DEBT (Tables)	12 Months Ended
	Dec. 31, 2024
Debt Disclosure [Abstract]
Summary of Outstanding Debt	The following is a summary of outstanding debt (in thousands): December 31, 2024 2023 2014 Credit Facilities: First Lien Term Loan (due May 2025 ) $ 2,213,652 $ 2,243,784 Zuffa Credit Facilities: Zuffa First Lien Term Loan (due November 2031 ) 2,750,000 2,728,766 Other debt ( 3.25 %- 14.50 % Notes due at various dates through 2033 ) 756,546 88,614 Total principal 5,720,198 5,061,164 Unamortized discount ( 24,237 ) ( 11,192 ) Unamortized issuance costs ( 17,830 ) ( 21,661 ) Total debt 5,678,131 5,028,311 Less: current portion ( 2,248,029 ) ( 58,894 ) Total long-term debt $ 3,430,102 $ 4,969,417
Schedule of Maturities of Debt	The Company will be required to repay the following principal amounts in connection with its debt obligations (in thousands): Years Ending December 31, 2025 $ 2,253,380 2026 35,701 2027 33,264 2028 65,018 2029 709,422 Thereafter 2,623,413 Total $ 5,720,198

SHAREHOLDERS' EQUITY (Tables)

SHAREHOLDERS' EQUITY (Tables)	12 Months Ended
	Dec. 31, 2024
Limited Liability Company (LLC) Members' Equity, Including Portion Attributable to Noncontrolling Interest [Abstract]
Summary of Company's Certificate of Incorporation	As of December 31, 2024 and 2023, EGH has the following common stock: Class of Common Stock Par Value Votes Economic Rights Class A common stock $ 0.00001 1 Yes Class B common stock $ 0.00001 None Yes Class C common stock $ 0.00001 None Yes Class X common stock $ 0.00001 1 None Class Y common stock $ 0.00001 20 None

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2024
Earnings Per Share [Abstract]
Schedule of Earnings Per Share and Weighted Average Shares Outstanding	The computation of earnings per share and weighted average shares of the Company’s common stock outstanding for the period presented below (in thousands, except share and per share data): Year ended Year ended Year ended Numerator for basic (loss) earnings per share Numerator for continuing operations Net (loss) income from continuing operations $ ( 532,129 ) $ 551,740 $ 310,000 Less: Net (loss) income attributable to noncontrolling interests ( 173,929 ) 194,618 187,701 Net (loss) income from continuing operations attributable to the Company ( 358,200 ) 357,122 122,299 Adjustment to net (loss) income attributable to the Company 563 313 5,497 Net (loss) income from continuing operations attributable to EGH common shareholders- Basic $ ( 357,637 ) $ 357,435 $ 127,796 Numerator for discontinued operations Net (loss) income from discontinued operations $ ( 682,632 ) $ 5,729 $ 11,664 Less: Net (loss) income attributable to noncontrolling interests ( 258,418 ) 6,335 4,830 Net (loss) income from discontinued operations attributable to the Company ( 424,214 ) ( 606 ) 6,834 Adjustment to net (loss) income attributable to the Company 836 — — Net (loss) income from discontinued operations attributable to EGH common shareholders- Basic $ ( 423,378 ) $ ( 606 ) $ 6,834 Net (loss) income attributable to EGH common shareholders for basic (loss) earnings per share $ ( 781,015 ) $ 356,829 $ 134,630 Year ended Year ended Year ended Numerator for diluted (loss) earnings per share Numerator for continuing operations Net (loss) income from continuing operations $ ( 532,129 ) $ 551,740 $ 310,000 Less: Net (loss) income attributable to noncontrolling interests 24,591 23,379 191,900 Net (loss) income from continuing operations attributable to the Company ( 556,720 ) 528,361 118,100 Adjustment to net (loss) income attributable to the Company ( 38 ) 313 5,497 Net (loss) income from continuing operations attributable to EGH common shareholders- Diluted $ ( 556,758 ) $ 528,674 $ 123,597 Numerator for discontinued operations Net (loss) income from discontinued operations $ ( 682,632 ) $ 5,729 $ 11,664 Less: Net (loss) income attributable to noncontrolling interests ( 614 ) 6,335 4,830 Net (loss) income from discontinued operations attributable to the Company ( 682,018 ) ( 606 ) 6,834 Adjustment to net (loss) income attributable to the Company 39,989 — — Net (loss) income from discontinued operations attributable to EGH common shareholders- Diluted $ ( 642,029 ) $ ( 606 ) $ 6,834 Net (loss) income attributable to EGH common shareholders for diluted (loss) earnings per share $ ( 1,198,787 ) $ 528,068 $ 130,431 Year ended Year ended Year ended Denominator for basic and diluted (loss) earnings per share Weighted average Class A Common Shares outstanding - Basic 305,400,277 298,915,993 281,369,848 Additional shares assuming exchange of all EOC Profits Units — 802,961 1,567,981 Additional shares from RSUs, Stock Options and Phantom Units, as calculated using the treasury stock method — 2,178,731 1,870,980 Additional shares assuming exchange of all Endeavor Operating Units and Endeavor Manager Units 146,778,228 157,836,630 — Additional shares assuming redemption of redeemable non-controlling interests — 5,128,584 2,899,023 Weighted average number of shares used in computing diluted (loss) earnings per share 452,178,505 464,862,899 287,707,832 Year ended Year ended Year ended (Loss) earnings per share Basic (loss) earnings per share from continuing operations $ ( 1.17 ) $ 1.19 $ 0.46 Basic (loss) earnings per share from discontinued operations ( 1.39 ) — 0.02 Basic ( 2.56 ) 1.19 0.48 Diluted (loss) earnings per share from continuing operations ( 1.23 ) 1.14 0.43 Diluted (loss) earnings per share from discontinued operations ( 1.42 ) — 0.02 Diluted ( 2.65 ) 1.14 0.45 Year ended Year ended Year ended Securities that are anti-dilutive for the period Stock Options 3,981,606 4,083,844 2,512,767 Unvested RSUs 9,027,439 1,111,228 1,244,709 Manager LLC Units — — 23,242,032 EOC Common Units 186,246 — 141,711,612 EOC Profits Interest & Phantom Units 15,461,104 — — Redeemable Non-Controlling Interests 4,888,092 — — Accelerated share repurchase agreement — ( 948,343 ) —

EQUITY BASED COMPENSATION (Tabl

EQUITY BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2024
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Summary of Equity-Based Compensation Selling General and Administrative Expenses	Equity-based compensation by plan and total amounts included in selling, general and administrative expenses were as follows (in thousands): Years Ended December 31, 2024 2023 2022 2021 Incentive Award Plan $ 126,119 $ 200,278 $ 180,757 Pre-IPO equity awards 857 2,783 17,250 TKO 2023 Plan 59,964 6,724 — WWE Replacement Awards 27,746 31,747 — Other various subsidiaries awards — 12,496 11,373 Total equity-based compensation expense $ 214,686 $ 254,028 $ 209,380
Summary of Unrecognized Compensation Cost for Unvested Awards and the Related Remaining Weighted Average Period	As of December 31, 2024, total unrecognized compensation cost for unvested awards and the related remaining weighted average period for expensing is summarized below: Unrecognized Compensation Costs (in thousands) Period Remaining (in years) 2021 Incentive Award Plan $ 195,184 2.16 Pre-IPO equity awards 1,174 0.63 TKO 2023 Plan 140,395 2.16 WWE Replacement Awards 20,878 0.96 Total equity-based unrecognized compensation costs $ 357,631
Details Of Restricted Stock Units and Restricted Stock Award Activity	The following table summarizes the RSUs and RSAs award activity for the year ended December 31, 2024: Time Vested RSUs, RSAs Market/ Market and Time Vested RSUs Units Value * Units Value * Outstanding at January 1, 2024 7,471,604 $ 26.12 1,092,614 $ 25.35 Granted 4,210,272 $ 24.83 — $ — Released ( 3,027,023 ) $ 24.81 — $ — Forfeited ( 491,944 ) $ 23.74 ( 164,480 ) $ 25.61 Outstanding at December 31, 2024 8,162,909 $ 26.08 928,134 $ 25.31 Vested and releasable at December 31, 2024 428,460 $ 28.00 — $ — * Weighted average grant date fair value
Share-based Compensation Arrangements by Share-based Payment Award	The following table summarizes the stock options award activity for the year ended December 31, 2024: Stock Options Options Weighted average Outstanding at January 1, 2024 4,083,844 $ 25.49 Exercised ( 65,884 ) $ 24.00 Forfeited or expired ( 36,354 ) $ 27.49 Outstanding at December 31, 2024 3,981,606 $ 25.50 Vested and exercisable at December 31, 2024 3,668,417 $ 25.17
Summary of Total Unrecognized Compensation Cost for Unvested Awards and the Related Remaining Weighted Average Period for Expensing	The key assumptions used for units granted in the years ended December 31, 2023 and 2022 are as follows: Risk-free Expected Expected Life Expected 2021 Incentive Award Plan Year Ended December 31, 2023 3.47 % 42.0 % 6.00 0 % Year Ended December 31, 2022 1.85 %- 1.89 % 40.9 % 6.00 0 %
Summary of PSU replacement award activity	The following table summarizes the PSU Replacement Awards activity for the year ended December 31, 2024: Time Vested PSUs Units Value * Outstanding at January 1, 2024 327,403 $ 93.84 Vested ( 136,885 ) $ 100.65 Forfeited ( 6,038 ) $ 100.65 Outstanding at December 31, 2024 184,480 $ 126.94 * Weighted average grant date fair value
TKO 2023 Plan
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Summary of RSU award activity	The following table summarizes the RSU TKO Plan Awards activity for the year ended December 31, 2024: Time Vested RSUs Units Value * Outstanding at January 1, 2024 935,536 $ 91.23 Granted 1,630,439 $ 91.95 Vested ( 416,450 ) $ 88.14 Forfeited ( 42,516 ) $ 85.86 Outstanding at December 31, 2024 2,107,009 $ 92.51 Vested and releasable at December 31, 2024 267,150 $ 78.22 * Weighted average grant date fair value
RSU Replacement Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Summary of RSU award activity	The following table summarizes the RSU Replacement Awards activity for the year ended December 31, 2024: Time Vested RSUs Units Value * Outstanding at January 1, 2024 701,090 $ 100.65 Vested ( 259,847 ) $ 100.65 Forfeited ( 188,643 ) $ 100.65 Outstanding at December 31, 2024 252,600 $ 100.65 * Weighted average grant date fair value

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2024
Income Tax Disclosure [Abstract]
Schedule of Components of (Loss) Income from Continuing Operations Before Income Taxes	(Loss) income from continuing operations before income taxes and equity losses of affiliates includes the following components (in thousands): Years Ended December 31, 2024 2023 2022 United States $ ( 633,776 ) $ 728,433 $ ( 127,291 ) Foreign 63,454 53,215 3,197 Total $ ( 570,322 ) $ 781,648 $ ( 124,094 )
Summary of Components of (Benefit from) Provision for Income Tax from Continuing Operations	The (benefit from) provision for income tax from continuing operations consists of the following (in thousands): Years Ended December 31, 2024 2023 2022 Current: U.S. federal, state, and local $ 24,665 $ 62,635 $ 7,756 Foreign 60,307 50,986 37,789 Total current 84,972 113,621 45,545 Deferred: U.S. federal, state, and local ( 141,504 ) 96,454 ( 703,071 ) Foreign 4,399 ( 1,185 ) ( 172 ) Total deferred ( 137,105 ) 95,269 ( 703,243 ) Total provision for (benefit from) income taxes $ ( 52,133 ) $ 208,890 $ ( 657,698 )
Schedule of Effective Income Tax Rate Based on Consolidated Statements of Operations Differs from U.S. Statutory Federal Income Tax Rate	The effective income tax rate based on the actual (benefit) provision from continuing operations shown in the consolidated statements of operations differs from the U.S. statutory federal income tax rate as follows (in thousands): Years Ended December 31, 2024 2023 2022 U.S. federal statutory income tax rate 21 % 21 % 21 % Income tax benefit at U.S. federal statutory rate $ ( 119,767 ) $ 164,146 $ ( 26,059 ) Partnership loss (income) not taxable/deductible for tax 28,454 ( 13,515 ) ( 37,440 ) Tax impact of foreign operations ( 15,535 ) 1,087 23,823 Permanent differences ( 15,191 ) 2,280 ( 26,251 ) Nondeductible meals and entertainment 6,450 4,445 2,986 Equity method investments ( 2,728 ) ( 3,055 ) ( 21,511 ) Capital loss carryforward ( 2,830 ) — 3,649 UK hybrid restriction 3,770 ( 2,187 ) ( 2,192 ) Withholding tax 49,686 29,601 17,344 Foreign tax credit, net of expiration ( 27,750 ) ( 34,321 ) 3,384 Foreign tax deduction ( 4,478 ) 873 ( 3,564 ) Equity compensation 26,077 29,273 27,197 Net operating loss adjustment 4,477 1,777 ( 39,684 ) Section 743(b)/734 adjustment 824 ( 7,478 ) ( 51,170 ) Tax receivable agreement adjustment 3,103 ( 16,646 ) 136,310 Valuation allowance 38,446 2,478 ( 721,955 ) Unrecognized tax benefits ( 6,822 ) 8,347 6,240 U.S. state and local taxes ( 24,813 ) 29,998 50,844 Investment in subsidiaries ( 17,707 ) — — Impairments 11,876 4,413 239 Transaction costs 11,284 7,121 — Other 1,041 253 112 Total (benefit from) provision for income taxes $ ( 52,133 ) $ 208,890 $ ( 657,698 )
Summary of Principal Components of Deferred Tax Assets and Liabilities	Principal components of deferred tax assets and liabilities are as follows (in thousands): December 31, 2024 2023 Deferred tax assets: Compensation and severance 73,457 66,049 Net operating loss, tax credits, and other tax carryforwards 382,821 280,026 Lease liability 134,571 116,801 Intangible assets 66,444 12,332 Accrued expenses 58,532 — Write-down of assets to fair value 99,126 — Other assets 41,604 56,293 Total gross deferred tax assets 856,555 531,501 Less valuation allowance ( 217,208 ) ( 182,513 ) Total deferred tax assets 639,347 348,988 Deferred tax liabilities: Investments ( 123,094 ) ( 144,547 ) Loss contracts ( 7,793 ) ( 13,547 ) Property, buildings and equipment ( 55,094 ) ( 58,039 ) Lease asset ( 126,188 ) ( 110,215 ) Branch offset ( 19,507 ) ( 23,822 ) Other liabilities ( 26,730 ) ( 15,340 ) Total gross deferred tax liabilities ( 358,406 ) ( 365,510 ) Net deferred tax assets (liabilities) $ 280,941 $ ( 16,522 ) December 31, 2024 2023 Deferred income taxes - assets $ 660,833 $ 430,339 Deferred income taxes - liabilities $ ( 371,865 ) $ ( 446,861 ) Net deferred tax liabilities classified as held for sale $ ( 8,027 ) $ - Net deferred tax assets (liabilities) $ 280,941 $ ( 16,522 )
Schedule of Aggregate Changes to the Liability for Unrecognized Tax Benefits, Excluding Interest and Penalties	The aggregate changes to the liability for unrecognized tax benefits, excluding interest and penalties, were as follows (in thousands): December 31, 2024 2023 2022 Beginning balance $ 50,862 $ 38,917 $ 38,452 Acquisitions — 31 — Gross increases 9,524 19,531 9,832 Gross decreases ( 8,771 ) ( 343 ) ( 1,189 ) Lapse of statute of limitations ( 9,493 ) ( 7,805 ) ( 6,054 ) Translation adjustments ( 163 ) 531 ( 2,124 ) Settlements ( 365 ) — — Ending balance $ 41,594 $ 50,862 $ 38,917

REVENUE (Tables)

REVENUE (Tables)	12 Months Ended
	Dec. 31, 2024
Revenue from Contract with Customer [Abstract]
Summary of Company's Revenue Disaggregated by Primary Revenue	The following table presents the Company’s revenue disaggregated by primary revenue sources for the years ended December 31, 2024, 2023 and 2022 (in thousands): Year Ended December 31, 2024 Owned Sports Properties Events, Experiences Representation Total Media rights $ 1,590,746 $ 399,446 $ — $ 1,990,192 Technology platforms and services — 49,063 — 49,063 Media production, distribution and content 18,267 292,149 345,812 656,228 Events and performance 1,209,989 1,788,101 — 2,998,090 Talent representation and licensing 166,101 — 1,025,090 1,191,191 Marketing — — 316,695 316,695 Eliminations — — — ( 90,477 ) Total $ 2,985,103 $ 2,528,759 $ 1,687,597 $ 7,110,982 Year Ended December 31, 2023 Owned Sports Properties Events, Experiences & Rights Representation Total Media rights $ 981,694 $ 385,972 $ — $ 1,367,666 Technology platforms and services — 56,880 — 56,880 Media production, distribution and content 4,816 297,456 318,207 620,479 Events and performance 744,349 1,433,091 — 2,177,440 Talent representation and licensing 85,021 — 885,028 970,049 Marketing — — 341,206 341,206 Eliminations — — — ( 42,943 ) Total $ 1,815,880 $ 2,173,399 $ 1,544,441 $ 5,490,777 Year Ended December 31, 2022 Owned Sports Properties Events, Experiences & Rights Representation Total Media rights $ 674,043 $ 377,426 $ — $ 1,051,469 Technology platforms and services — 82,026 — 82,026 Media production, distribution and content 6,113 241,740 288,477 536,330 Events and performance 598,546 1,491,097 — 2,089,643 Talent representation and licensing 53,633 — 900,431 954,064 Marketing — — 323,242 323,242 Eliminations — — — ( 29,171 ) Total $ 1,332,335 $ 2,192,289 $ 1,512,150 $ 5,007,603
Summary of Transaction Price Related to These Future Obligation	The following table presents the aggregate amount of transaction price allocated to remaining performance obligations for contracts greater than one year with unsatisfied or partially satisfied performance obligations as of December 31, 2024 (in thousands). Years Ending 2025 $ 2,957,222 2026 1,878,570 2027 1,499,265 2028 1,373,192 2029 1,035,811 Thereafter 430,747 $ 9,174,807
Summary of Company's Contract Liabilities	The following table presents the Company’s contract liabilities as of December 31, 2024 and 2023 (in thousands): Description December 31, 2023 Additions Deductions Acquisitions Divestitures/ Foreign Exchange December 31, 2024 Deferred revenue - current $ 802,344 $ 2,923,129 $ ( 3,181,306 ) $ 43,595 $ ( 44,799 ) $ ( 8,339 ) $ 534,624 Deferred revenue - noncurrent $ 18,914 $ 42,536 $ ( 3,084 ) $ — $ ( 1,607 ) $ ( 316 ) $ 56,443

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2024
Segment Reporting [Abstract]
Schedule of Revenue	Revenue Years Ended December 31, 2024 2023 2022 Owned Sports Properties $ 2,985,103 $ 1,815,880 $ 1,332,335 Events, Experiences & Rights 2,528,759 2,173,399 2,192,289 Representation 1,687,597 1,544,441 1,512,150 Eliminations ( 90,477 ) ( 42,943 ) ( 29,171 ) Total consolidated revenue $ 7,110,982 $ 5,490,777 $ 5,007,603
Schedule of Reconciliation of Segment Profitability	Reconciliation of segment profitability Years Ended December 31, 2024 2023 2022 Owned Sports Properties $ 1,274,518 $ 827,024 $ 648,158 Events, Experiences & Rights ( 29,782 ) 228,140 294,818 Representation 405,684 391,114 469,757 Corporate and other ( 334,452 ) ( 305,817 ) ( 305,835 ) Adjusted EBITDA 1,315,968 1,140,461 1,106,898 Reconciling items: Equity losses of affiliates 1,529 9,905 5,038 Interest expense, net ( 407,792 ) ( 346,237 ) ( 282,350 ) Depreciation and amortization ( 539,052 ) ( 310,204 ) ( 248,732 ) Equity-based compensation expense ( 214,686 ) ( 254,028 ) ( 209,380 ) Merger, acquisition and earn-out costs ( 128,659 ) ( 105,463 ) ( 59,676 ) Certain legal costs ( 27,465 ) ( 41,067 ) ( 14,274 ) Legal settlement ( 375,000 ) — — Restructuring, severance and impairment charges ( 147,778 ) ( 125,610 ) ( 13,258 ) Fair value adjustment - equity investments 4,218 985 12,029 Net gain on sale of the restricted Endeavor Content business — — 463,641 Net gain on sale of the Academy business — 736,978 — Tax receivable agreement liability adjustment ( 12,591 ) 40,635 ( 873,264 ) Other ( 39,014 ) 35,293 ( 10,766 ) (Loss) income from continuing operations before income taxes and equity losses of affiliates $ ( 570,322 ) $ 781,648 $ ( 124,094 )
Schedule of Segment Adjusted EBITDA Including Expense Categories	Segment Adjusted EBITDA including expense categories Segment Owned Sports Properties Events, Experiences & Rights Representation Year Ended December 31, 2024 Revenue $ 2,985,103 $ 2,528,759 $ 1,687,597 Direct operating costs 998,184 1,984,607 342,209 Selling, general and administrative expenses 711,509 579,487 939,777 Other segment items* 892 ( 5,553 ) ( 73 ) Adjusted EBITDA $ 1,274,518 $ ( 29,782 ) $ 405,684 Year Ended December 31, 2023 Revenue $ 1,815,880 $ 2,173,399 $ 1,544,441 Direct operating costs 606,887 1,340,873 296,765 Selling, general and administrative expenses 381,617 615,325 855,451 Other segment items* 352 ( 10,939 ) 1,111 Adjusted EBITDA $ 827,024 $ 228,140 $ 391,114 Year Ended December 31, 2022 Revenue $ 1,332,335 $ 2,192,289 $ 1,512,150 Direct operating costs 433,808 1,269,610 251,863 Selling, general and administrative expenses 247,744 638,229 790,032 Other segment items* 2,625 ( 10,368 ) 498 Adjusted EBITDA $ 648,158 $ 294,818 $ 469,757 * Other segment items primarily relate to (i) equity earnings (losses) from affiliates for the years ended December 31, 2024, 2023 and 2022 and (ii) insurance recoveries for the year ended December 31, 2022.
Revenue by Geographic Area	Re venue by geographic area Years Ended December 31, 2024 2023 2022 United States $ 5,311,943 $ 4,288,332 $ 3,937,725 United Kingdom 990,385 926,573 840,715 Rest of world 808,654 275,872 229,163 Total revenue $ 7,110,982 $ 5,490,777 $ 5,007,603
Long-lived Assets by Geographic Areas	Long-lived assets by geographic area December 31, 2024 2023 United States $ 712,179 $ 827,330 United Kingdom 52,091 66,357 Rest of world 21,987 20,958 Total long-lived assets $ 786,257 $ 914,645

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2024
Leases [Abstract]
Summary of company's operating leases	The following table presents information on the Company’s operating and finance leases for the years ended December 31, 2024, 2023 and 2022 (in thousands): Years Ended December 31, 2024 2023 2022 Operating Leases Cash paid for amounts included in the measurement of operating lease liabilities $ 97,789 $ 90,340 $ 85,967 Right-of-use assets obtained in exchange for operating lease obligations $ 148,691 $ 31,956 $ 28,211 Finance Leases Cash paid for amounts included in the measurement of finance lease liabilities $ 35,241 $ 5,883 $ — Right-of-use assets obtained in exchange for new finance lease obligations $ 5,040 $ 257,359 $ — The following table presents information on the Company’s operating and finance leases for the years ended December 31, 2024 and 2023 (in thousands): Years Ended December 31, 2024 2023 Operating Leases Weighted average remaining lease term (in years) 8.0 5.3 Weighted average discount rate 6.8 % 6.8 % Finance Leases Weighted average remaining lease term (in years) 21.4 25.2 Weighted average discount rate 8.3 % 8.1 %
Summary of undiscounted cash flow for the operations lease	The following table reconciles the undiscounted cash flows for the operating and finance leases as of December 31, 2024 to the operating and finance lease liabilities recorded in the consolidated balance sheet (in thousands): Years Ending December 31, Operating Leases Finance Leases 2025 $ 93,705 $ 33,437 2026 88,878 38,021 2027 78,980 24,874 2028 52,281 18,209 2029 39,882 18,209 Thereafter 211,341 447,746 Total future minimum lease payments 565,067 580,496 Less: imputed interest ( 134,119 ) ( 328,955 ) Present value of future minimum lease payments 430,948 251,541 Less: held for sale leases ( 5,659 ) — Less: current portion of operating and finance lease liabilities ( 65,842 ) ( 15,582 ) Long-term operating and finance lease liabilities $ 359,447 $ 235,959

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2024
Commitments and Contingencies Disclosure [Abstract]
Schedule of Purchase Commitments	The following is a summary of the Company’s annual commitments under certain guaranteed agreements as of December 31, 2024 (in thousands): Payments due by period Total 2025 2026 - 2027 2028 - 2029 After 2029 Purchase/guarantee agreements $ 2,473,216 $ 593,421 $ 1,077,120 $ 592,370 $ 210,305

RELATED PARTY TRANSACTIONS (Ta

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2024
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	The Company has the following related party transactions as of December 31, 2024 and 2023 and for the years ended December 31, 2024, 2023 and 2022 (in thousands): December 31, 2024 2023 Other current assets $ 16,086 $ 11,837 Investments 3,907 3,322 Other assets 30,000 33,454 Deferred revenue 2,122 1,446 Other current liabilities 1,722 3,347 Current liabilities of discontinued operations 4,513 — Years Ended December 31, 2024 2023 2022 Revenue $ 80,295 $ 57,441 $ 45,341 Direct operating costs 12,555 16,838 12,595 Selling, general and administrative expenses 11,760 7,575 16,614 Other (expense) income, net — ( 5,254 ) ( 6,806 ) Loss from discontinued operations ( 18,888 ) ( 9,144 ) ( 5,398 )

DESCRIPTION OF BUSINESS AND O_3

DESCRIPTION OF BUSINESS AND ORGANIZATION - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands, shares in Millions		1 Months Ended	12 Months Ended
	Oct. 23, 2024	Apr. 30, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Subsidiary or Equity Method Investee [Line Items]
Percentage of Ownership		100%
Price per share		$ 27.5
Term loans			$ 5,720,198	$ 5,061,164
Long-term debt			5,678,131	5,028,311
Acquisition cash paid			(2,046)	(3,499)	$ 684,266
TKO Operating Company, LLC [Member]
Subsidiary or Equity Method Investee [Line Items]
Number of shares issued	26.1
TKO Group Holdings Inc [Member]
Subsidiary or Equity Method Investee [Line Items]
Acquisition cash paid	$ 3,250,000
Common Class A [Member]
Subsidiary or Equity Method Investee [Line Items]
Share price		0.06
Common Class A [Member] | TKO Group Holdings Inc [Member]
Subsidiary or Equity Method Investee [Line Items]
Share price		$ 89.01
Long-Term Debt [Member]
Subsidiary or Equity Method Investee [Line Items]
Long-term debt			5,700,000
First Lien Term Loan (due May 2025) [Member]
Subsidiary or Equity Method Investee [Line Items]
Term loans			$ 2,213,652	$ 2,243,784
Term loan maturity date			May 18, 2025

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Additional Information) (Details) $ / shares in Units, $ in Millions	1 Months Ended	12 Months Ended
	Apr. 30, 2024 $ / shares	Dec. 31, 2024 USD ($) Customer	Dec. 31, 2023 USD ($) Customer	Dec. 31, 2022 USD ($) Customer
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Percentage of Ownership	100%
Price per share | $ / shares	$ 27.5
Realized and unrealized foreign currency transaction losses | $		$ 5.7		$ 26.1
Realized and unrealized foreign currency transaction gains | $			$ (16)
payment to tax receivable agreement percentage		0.85
Customers [Member] | Customer Concentration Risk [Member] | Revenue Benchmark [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Concentration of credit risk percentege		10%	10%
Number of customer | Customer		0	0
Customers [Member] | Customer Concentration Risk [Member] | Accounts Receivable [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Concentration of credit risk percentege		10%	10%	10%
Number of customer | Customer		1	1	1
Minimum [Member]
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Effective income tax rate reconciliation, recognized tax settlement		50%

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Useful Lives of Property And Equipment (Details)	Dec. 31, 2024
Building [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment Useful Lives (in years)	40 years
Building [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment Useful Lives (in years)	35 years
Leasehold Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, Plant, and Equipment, Useful Life, Term, Description [Extensible Enumeration]	us-gaap:UsefulLifeTermOfLeaseMember
Furniture and Fixtures [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment Useful Lives (in years)	28 years 6 months
Furniture and Fixtures [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment Useful Lives (in years)	2 years
Production Equipment [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment Useful Lives (in years)	7 years
Production Equipment [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment Useful Lives (in years)	3 years
Computer Hardware And Software [Member] | Maximum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment Useful Lives (in years)	5 years
Computer Hardware And Software [Member] | Minimum [Member]
Property, Plant and Equipment [Line Items]
Property and Equipment Useful Lives (in years)	2 years

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Estimated Useful Lives of Finite-lived Intangible Assets (Details)	Dec. 31, 2024	Dec. 31, 2023
Trade names [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	22 years 8 months 12 days	22 years 8 months 12 days
Trade names [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	25 years
Trade names [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	2 years
Customer relationships [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	22 years
Customer relationships [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	2 years
Internally Developed Technology [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	9 years
Internally Developed Technology [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	2 years
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	4 years	4 years
Other [Member] | Maximum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	8 years
Other [Member] | Minimum [Member]
Finite-Lived Intangible Assets [Line Items]
Estimated useful life (in years)	2 years

DISCONTINUED OPERATIONS AND H_3

DISCONTINUED OPERATIONS AND HELD FOR SALE - Additional Information (Detail)	1 Months Ended
	Nov. 30, 2024 USD ($)	Dec. 31, 2024 Events
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Number of sports events | Events		65,000
OpenBet [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Total consideration	$ 450,000
Cash payment	100,000
Unsecured promissory note	$ 350,000

DISCONTINUED OPERATIONS AND H_4

DISCONTINUED OPERATIONS AND HELD FOR SALE - Schedule of Major Classes of Assets and Liabilities of Discontinued Operations (Detail) - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Assets of discontinued operations:
Current assets of discontinued operations		$ 175,535	$ 170,459
Long-term assets of discontinued operations		379,170	1,102,167
Liabilities of discontinued operations:
Current liabilities of discontinued operations		189,906	199,276
Long-term liabilities of discontinued operations		94,887	102,377
Sports Data & Technology [Member]
Assets of discontinued operations:
Accounts receivable		111,686	128,933
Deferred costs		39,966	20,963
Other current assets		23,883	20,563
Current assets of discontinued operations		175,535	170,459
Property and equipment, net		35,215	30,262
Operating lease right-of-use assets		8,955	10,691
Intangible assets, net		396,827	400,081
Goodwill		418,730	634,696
Investments	[1]	27,018	3,792
Deferred income taxes		182	426
Other assets		18,146	22,219
Valuation allowance		(525,903)	0
Long-term assets of discontinued operations		379,170	1,102,167
Total assets of discontinued operations		554,705	1,272,626
Liabilities of discontinued operations:
Accounts payable		102,033	125,247
Accrued liabilities		26,014	26,335
Current portion of operating lease liabilities		1,962	2,330
Deferred revenue		42,418	5,225
Other current liabilities		17,479	40,139
Current liabilities of discontinued operations		189,906	199,276
Long-term operating lease liabilities		5,901	8,532
Deferred tax liabilities		74,044	81,188
Other long-term liabilities		14,942	12,657
Long-term liabilities of discontinued operations		94,887	102,377
Total liabilities of discontinued operations		$ 284,793	$ 301,653
[1] (1) During the year ended December 31, 2024, the Company committed to funding $ 10.0 million for an investment.

DISCONTINUED OPERATIONS AND H_5

DISCONTINUED OPERATIONS AND HELD FOR SALE -Schedule of Major Classes of Assets and Liabilities of Discontinued Operations (Parenthetical) (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2024 USD ($)
Discontinued Operations and Disposal Groups [Abstract]
Committed funding for new investment	$ 10

DISCONTINUED OPERATIONS AND H_6

DISCONTINUED OPERATIONS AND HELD FOR SALE - Schedule of Statements of Operations of Discontinued Operations (Detail) - USD ($) $ in Thousands		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
(Benefit from) provision for income taxes		$ (138,173)	$ 10,950	$ 9,194
(Loss) income from discontinued operations before equity losses of affiliates		(820,805)	16,679	20,858
Equity losses of affiliates, net of tax		(13,940)	(21,018)	(223,604)
(Loss) income from discontinued operations, net of tax		(682,632)	5,729	11,664
Sports Data & Technology [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Revenue		371,902	469,380	260,534
Direct operating costs		237,363	229,700	136,530
Selling, general and administrative expenses		188,082	172,385	80,757
Depreciation and amortization		24,537	51,307	18,042
Impairment charges	[1]	205,928	0	0
Total operating expenses		655,910	453,392	235,329
Operating (loss) income		(284,008)	15,988	25,205
Interest income, net		1,336	554	95
Other (expense) income, net	[2]	(537,883)	137	(4,442)
(Loss) income from discontinued operations before income taxes and equity losses of affiliates		(820,555)	16,679	20,858
(Benefit from) provision for income taxes		(138,173)	10,950	9,194
(Loss) income from discontinued operations before equity losses of affiliates		(682,382)	5,729	11,664
Equity losses of affiliates, net of tax		(250)	0	0
(Loss) income from discontinued operations, net of tax		(682,632)	5,729	11,664
(Loss) income attributable to non-controlling interests		(258,418)	6,335	4,830
(Loss) income from discontinued operations attributable to Endeavor Group Holdings, Inc.		$ (424,214)	$ (606)	$ 6,834
[1] (1) During the year ended December 2024, the Company performed impairment reviews of the SD&T reporting unit due to triggering events. As a result, the Company recorded non-cash impairment charge s of $ 205.9 million in the year ended December 31, 2024 for goodwill driven by lower streaming and data rights projections combined with the transaction method calculation. (2) The Company recorded a $ 525.9 million loss to write-down th e SD&T segment's carrying value to its estimated fair value less costs to sell in the year ended December 31, 2024, respectively.

DISCONTINUED OPERATIONS AND H_7

DISCONTINUED OPERATIONS AND HELD FOR SALE - Schedule of Statements of Operations of Discontinued Operations (Parenthetical) (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-cash impairment charges	$ 72.2	$ 31.8	$ 0.7
Sports Data & Technology [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Non-cash impairment charges	205.9
Loss on write down of discontinued operation	$ 525.9

DISCONTINUED OPERATIONS AND H_8

DISCONTINUED OPERATIONS AND HELD FOR SALE - Summary of Major Classes of Assets and Liabilities Held For Sale (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Accounts receivable	$ 880,988	$ 810,857
Other current assets	306,665	424,542
Property and equipment	1,326,241	1,421,086
Operating lease right-of-use assets	385,420	309,704
Intangible assets, net	4,008,543	4,812,284
Goodwill	9,159,410	9,517,143	$ 4,677,270
Deferred income taxes	660,833	430,339
Other assets	759,140	599,765
Total assets	20,565,562	21,544,773
Long-term operating lease liabilities	359,447	279,042
Deferred tax liabilities	371,865	446,861
Total liabilities	10,478,704	$ 9,822,262
Events Experiences Rights and Representation Segments [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Accounts receivable	26,336
Deferred costs	10,386
Other current assets	5,170
Property and equipment	43,834
Operating lease right-of-use assets	4,758
Intangible assets, net	462,397
Goodwill	326,763
Deferred income taxes	359
Other assets	901
Total assets	880,904
Accounts payable and accrued expenses	35,072
Current portion of operating lease liabilities	1,827
Deferred revenue	44,799
Deposits received on behalf of clients	578
Other current liabilities	1,559
Long-term operating lease liabilities	3,874
Deferred tax liabilities	8,386
Other long-term liabilities	4,214
Total liabilities	$ 100,309

ACQUISITIONS AND DIVESTITURES -

ACQUISITIONS AND DIVESTITURES - 2023 AND 2024 ACQUISITIONS - Additional Information (Detail) - USD ($) $ in Thousands			1 Months Ended			12 Months Ended
	Oct. 23, 2024	Sep. 12, 2023	Oct. 31, 2024	Sep. 30, 2022	May 31, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Period of availability in business		40 years
Acquisition cash paid						$ (2,046)	$ (3,499)	$ 684,266
Goodwill						9,159,410	$ 9,517,143	$ 4,677,270
Long-term operating and finance lease liabilities						235,959
2024 Acquisition [Member]
Business Acquisition [Line Items]
Contingent consideration payable			$ 45,800
Deferred purchase price			2,600
Cash consideration			94,300
Acquisition cash paid			45,900
Goodwill			46,000
Acquisition intangible assets			$ 36,000
2024 Acquisition [Member] | Minimum [Member]
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life			7 years
2024 Acquisition [Member] | Maximum [Member]
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life			9 years
EGH [Member]
Business Acquisition [Line Items]
Cash consideration		$ 8,400,000			$ 15,600
Acquisition cash paid					4,600
Goodwill				$ 3,000	10,800
Acquisition intangible assets				$ 800	$ 3,400
EGH [Member] | Minimum [Member]
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life				9 years	4 years
EGH [Member] | Maximum [Member]
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life				11 years	8 years
EGH [Member] | Common Class A [Member]
Business Acquisition [Line Items]
Number of shares issued					396,917
Value of shares issued for acquisition					$ 11,000
World Wrestling Entertainment [Member]
Business Acquisition [Line Items]
Consideration as replacement awards		49,300
Transaction costs for investment banking services		$ 88,800
Goodwill						5,063,068
Acquired finite-lived intangible assets, weighted average useful life		20 years 3 months 18 days
Finance lease right of use assets						257,400
Long-term operating and finance lease liabilities						$ 255,900
World Wrestling Entertainment [Member] | Common Class A [Member]
Business Acquisition [Line Items]
Number of shares issued		83,161,123
Value of shares issued for acquisition		$ 8,000,000
Acquisition cash paid		$ 321,000
TKO Operating Company, LLC [Member]
Business Acquisition [Line Items]
Economic interest in an operating subsidiary		51%
Economic ownership interest		49%
TKO Group Holdings Inc [Member]
Business Acquisition [Line Items]
Controlling non-economic voting interest		51%
Voting interest		49%
Economic ownership interest		100%
Acquisition cash paid	$ 3,250,000

ACQUISITIONS AND DIVESTITURES_2

ACQUISITIONS AND DIVESTITURES - Additional Information (Detail) - USD ($) $ in Thousands

1 Months Ended

3 Months Ended

9 Months Ended

12 Months Ended

Sep. 12, 2023

Sep. 30, 2022

Aug. 31, 2022

May 31, 2022

Apr. 30, 2022

Jan. 31, 2022

Feb. 28, 2021

Jun. 30, 2023

Sep. 30, 2022

Dec. 31, 2024

Dec. 31, 2023

Dec. 31, 2022

Business Acquisition [Line Items]

Total purchase price

$ 0

$ 200,000

$ 0

Acquisition cash paid

(2,046)

(3,499)

684,266

Goodwill

9,159,410

9,517,143

4,677,270

Proceeds from business divestitures, net of cash sold

$ 1,500

$ 1,076,737

924,751

Retained interest rate

20%

Interest rate of key input assumption

80%

Net gain recognized

$ 463,600

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal, Statement of Income or Comprehensive Income [Extensible Enumeration]

Nonoperating Income (Expense)

Gain related to the remeasurement of retained interest

$ 121,100

Transaction costs

15,000

Endeavor [Member]

Business Acquisition [Line Items]

Percentage of interest sold in restricted content business

80%

Proceeds from business divestitures, net of cash sold

$ 666,300

Cash and cash equivalents

16,600

Fair Value of Equity Method Investment

$ 196,300

Endeavor [Member] | Writers Guild of America [Member]

Business Acquisition [Line Items]

Non-controlling ownership

20%

Diamond Baseball Holdings [Member]

Business Acquisition [Line Items]

Total consideration

$ 64,200

$ 280,100

Goodwill

25,585

Net gain recognized

23,300

Diamond Baseball Holdings [Member] | Trade Names [Member]

Business Acquisition [Line Items]

Acquisition intangible assets

0

Mutua Madrid Open [Member]

Business Acquisition [Line Items]

Total consideration

$ 386,100

Consideration payable

31,800

Contingent consideration payable

$ 600

Goodwill

14,419

Mutua Madrid Open [Member] | Trade Names [Member]

Business Acquisition [Line Items]

Acquisition intangible assets

0

Barrett Jackson Holdings Llc [Member]

Business Acquisition [Line Items]

Total consideration

$ 256,900

Aggregate consideration

$ 244,400

Business Acquisition, Percentage of Voting Interests Acquired

55%

Goodwill

331,150

Acquired finite-lived intangible assets, weighted average useful life

6 years 2 months 12 days

Barrett Jackson Holdings Llc [Member] | Common Class A [Member]

Business Acquisition [Line Items]

Number of shares issued

563,935

Issuance of Class A common stock due to exchanges

$ 12,500

Barrett Jackson Holdings Llc [Member] | Trade Names [Member]

Business Acquisition [Line Items]

Acquisition intangible assets

120,900

Other 2023 Acquisitions [Member] | Continuing Operations [Member]

Business Acquisition [Line Items]

Purchase price including contingent consideration

$ 7,600

Deferred purchase price

1,000

Cash consideration

72,800

Acquisition cash paid

64,200

Goodwill

39,700

Acquisition intangible assets

$ 36,400

Other 2023 Acquisitions [Member] | Continuing Operations [Member] | Maximum [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

9 years

Other 2023 Acquisitions [Member] | Continuing Operations [Member] | Minimum [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

3 years

Other 2023 Acquisitions [Member] | Discontinued Operations [Member]

Business Acquisition [Line Items]

Deferred purchase price

$ 6,600

Cash consideration

32,200

Acquisition cash paid

24,800

Goodwill

16,600

Acquisition intangible assets

$ 21,300

Other 2023 Acquisitions [Member] | Discontinued Operations [Member] | Maximum [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

10 years 9 months 18 days

Other 2023 Acquisitions [Member] | Discontinued Operations [Member] | Minimum [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

7 years 6 months

2023 Divestiture [Member]

Business Acquisition [Line Items]

Net gain recognized

737,000

Transaction costs

$ 5,500

2023 Divestiture [Member] | IMG Academy [Member]

Business Acquisition [Line Items]

Proceeds from business divestitures, net of cash sold

$ 1,100,000

Cash and cash equivalents

$ 38,600

OpenBet [Member]

Business Acquisition [Line Items]

Total consideration

$ 843,800

Aggregate consideration

$ 797,100

Goodwill

470,029

Acquired finite-lived intangible assets, weighted average useful life

11 years 7 months 6 days

OpenBet [Member] | Common Class A [Member]

Business Acquisition [Line Items]

Number of shares issued

2,305,794

Issuance of Class A common stock due to exchanges

$ 46,700

OpenBet [Member] | Trade Names [Member]

Business Acquisition [Line Items]

Acquisition intangible assets

$ 67,000

Diamond Baseball Holdings and Madrid Open [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

18 years 8 months 12 days

Diamond Baseball Holdings and Madrid Open [Member] | Selling, General and Administrative Expenses [Member]

Business Acquisition [Line Items]

Transaction costs for investment banking services

$ 31,600

EGH [Member]

Business Acquisition [Line Items]

Total purchase price

3,900

Purchase price including contingent consideration

900

900

Cash consideration

$ 8,400,000

$ 15,600

Business Acquisition, Percentage of Voting Interests Acquired

73.50%

Acquisition cash paid

$ 4,600

Goodwill

3,000

10,800

3,000

Acquisition intangible assets

$ 800

$ 3,400

$ 800

EGH [Member] | Common Class A [Member]

Business Acquisition [Line Items]

Number of shares issued

396,917

Value of shares issued for acquisition

$ 11,000

EGH [Member] | Maximum [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

11 years

8 years

EGH [Member] | Minimum [Member]

Business Acquisition [Line Items]

Acquired finite-lived intangible assets, weighted average useful life

9 years

4 years

EGH [Member] | Discontinued Operations [Member] | Common Class A [Member]

Business Acquisition [Line Items]

Value of shares issued for acquisition

$ 800

ACQUISITIONS AND DIVESTITURES_3

ACQUISITIONS AND DIVESTITURES - Schedule of Fair Values of the Assets Acquired and the Liabilities Assumed in the Business Combination (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Intangible assets:
Goodwill	$ 9,159,410	$ 9,517,143	$ 4,677,270
Redeemable non-controlling interests	232,882	$ 215,458
Diamond Baseball Holdings [Member]
Business Acquisition [Line Items]
Cash and cash equivalents			0
Accounts receivable			89
Deferred costs			0
Other current assets			491
Property, buildings and equipment			4,403
Right of use assets			7,270
Investments			0
Deferred Income taxes			0
Other assets			103
Intangible assets:
Goodwill			25,585
Accounts payable and accrued expenses			(93)
Other current liabilities			(56)
Operating lease liability			(9,470)
Deferred revenue			(1,455)
Debt			0
Other long-term liabilities			0
Redeemable non-controlling interests			0
Net assets acquired			64,237
Diamond Baseball Holdings [Member] | Trade names [Member]
Intangible assets:
Acquisition intangible assets			0
Diamond Baseball Holdings [Member] | Customer relationships [Member]
Intangible assets:
Acquisition intangible assets			1,960
Diamond Baseball Holdings [Member] | Internally developed software [Member]
Intangible assets:
Acquisition intangible assets			0
Diamond Baseball Holdings [Member] | Owned events [Member]
Intangible assets:
Acquisition intangible assets			0
Diamond Baseball Holdings [Member] | Other [Member]
Intangible assets:
Acquisition intangible assets			35,410
Mutua Madrid Open [Member]
Business Acquisition [Line Items]
Cash and cash equivalents			18,659
Accounts receivable			2,123
Deferred costs			1,124
Other current assets			470
Property, buildings and equipment			162
Right of use assets			0
Investments			0
Deferred Income taxes			0
Other assets			381
Intangible assets:
Goodwill			14,419
Accounts payable and accrued expenses			(1,609)
Other current liabilities			0
Operating lease liability			0
Deferred revenue			(20,780)
Debt			0
Other long-term liabilities			(3,508)
Redeemable non-controlling interests			0
Net assets acquired			418,511
Mutua Madrid Open [Member] | Trade names [Member]
Intangible assets:
Acquisition intangible assets			0
Mutua Madrid Open [Member] | Customer relationships [Member]
Intangible assets:
Acquisition intangible assets			0
Mutua Madrid Open [Member] | Internally developed software [Member]
Intangible assets:
Acquisition intangible assets			0
Mutua Madrid Open [Member] | Owned events [Member]
Intangible assets:
Acquisition intangible assets			407,070
Mutua Madrid Open [Member] | Other [Member]
Intangible assets:
Acquisition intangible assets			0
World Wrestling Entertainment [Member]
Business Acquisition [Line Items]
Cash and cash equivalents	381,153
Accounts receivable	105,237
Other current assets	89,256
Property, buildings and equipment	398,004
Right of use assets	12,337
Investments	12,007
Other assets	283,287
Intangible assets:
Goodwill	5,063,068
Accounts payable and accrued expenses	(124,280)
Operating lease liability	(12,224)
Deferred revenue	(54,190)
Deferred tax liabilities	(663,193)
Debt	(16,934)
Other long-term liabilities	(258,467)
Net assets acquired	8,432,061
World Wrestling Entertainment [Member] | Trade names [Member]
Intangible assets:
Acquisition intangible assets	2,188,200
World Wrestling Entertainment [Member] | Customer relationships [Member]
Intangible assets:
Acquisition intangible assets	900,500
World Wrestling Entertainment [Member] | Internally developed software [Member]
Intangible assets:
Acquisition intangible assets	30,000
World Wrestling Entertainment [Member] | Other [Member]
Intangible assets:
Acquisition intangible assets	$ 98,300
Barrett Jackson Holdings Llc [Member]
Business Acquisition [Line Items]
Cash and cash equivalents			10,783
Accounts receivable			1,706
Deferred costs			0
Other current assets			1,386
Property, buildings and equipment			4,290
Right of use assets			6,828
Investments			0
Other assets			0
Intangible assets:
Goodwill			331,150
Accounts payable and accrued expenses			(7,009)
Other current liabilities			0
Operating lease liability			(4,458)
Deferred revenue			(667)
Debt			(11,439)
Other long-term liabilities			0
Redeemable non-controlling interests			(210,150)
Net assets acquired			256,920
Barrett Jackson Holdings Llc [Member] | Trade names [Member]
Intangible assets:
Acquisition intangible assets			120,900
Barrett Jackson Holdings Llc [Member] | Customer relationships [Member]
Intangible assets:
Acquisition intangible assets			12,300
Barrett Jackson Holdings Llc [Member] | Internally developed software [Member]
Intangible assets:
Acquisition intangible assets			1,300
Barrett Jackson Holdings Llc [Member] | Owned events [Member]
Intangible assets:
Acquisition intangible assets			0
Barrett Jackson Holdings Llc [Member] | Other [Member]
Intangible assets:
Acquisition intangible assets			0
OpenBet [Member]
Business Acquisition [Line Items]
Cash and cash equivalents			49,795
Accounts receivable			50,170
Deferred costs			0
Other current assets			12,237
Property, buildings and equipment			4,961
Right of use assets			8,401
Investments			1,100
Deferred Income taxes			1,281
Other assets			5,971
Intangible assets:
Goodwill			470,029
Accounts payable and accrued expenses			(13,324)
Other current liabilities			(13,085)
Operating lease liability			(8,401)
Deferred revenue			(3,756)
Debt			0
Other long-term liabilities			(75,892)
Redeemable non-controlling interests			0
Net assets acquired			843,787
OpenBet [Member] | Trade names [Member]
Intangible assets:
Acquisition intangible assets			67,000
OpenBet [Member] | Customer relationships [Member]
Intangible assets:
Acquisition intangible assets			134,000
OpenBet [Member] | Internally developed software [Member]
Intangible assets:
Acquisition intangible assets			139,000
OpenBet [Member] | Owned events [Member]
Intangible assets:
Acquisition intangible assets			0
OpenBet [Member] | Other [Member]
Intangible assets:
Acquisition intangible assets			$ 14,300

ACQUISITIONS AND DIVESTITURES_4

ACQUISITIONS AND DIVESTITURES - Schedule of Pro Forma Financial Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Business Combinations [Abstract]
Pro forma revenue	$ 6,422,771	$ 6,287,521
Pro forma net income (loss)	$ 634,692	$ (80,633)

SUPPLEMENTARY DATA - Summary Pr

SUPPLEMENTARY DATA - Summary Property, buildings and equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, Gross	$ 1,326,241	$ 1,421,086
Less: accumulated depreciation	(539,984)	(506,441)
Total property, buildings and equipment, net	786,257	914,645
Land [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, Gross	50,626	81,246
Building improvements [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, Gross	584,070	650,287
Furniture and fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, Gross	163,852	166,503
Office, computer, production and other equipment [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, Gross	286,982	260,210
Computer software [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, Gross	184,907	219,982
Construction in progress [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, Gross	$ 55,804	$ 42,858

SUPPLEMENTARY DATA - Additional

SUPPLEMENTARY DATA - Additional Information (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Amortization of leasehold improvements	$ 539,984	$ 506,441
Leasehold improvements [Member]
Property, Plant and Equipment [Line Items]
Amortization of leasehold improvements	$ 175,400	$ 111,500	$ 91,700

SUPPLEMENTARY DATA - Summary of

SUPPLEMENTARY DATA - Summary of Accrued Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Accrued Liabilities, Current [Abstract]
Accrued operating expenses	$ 339,483	$ 322,347
Legal settlement (Note 21)	250,000	0
Payroll, bonuses and benefits	225,420	256,715
Other	68,504	105,328
Total accrued liabilities	$ 883,407	$ 684,390

SUPPLEMENTARY DATA - Summary _2

SUPPLEMENTARY DATA - Summary of Valuation and Qualifying Accounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Allowance For Doubtful Accounts [Abstract]
Balance at Beginning of Year	$ 58,026	$ 51,755	$ 54,786
Additions/Charged to Costs and Expenses, Net	12,734	25,898	13,841
Deductions	(19,410)	(13,603)	(14,963)
Foreign Exchange	6,546	775	(1,909)
Divestitures / Assets Held for Sale	(1,725)	(6,799)	0
Balance at End of Period	$ 56,171	$ 58,026	$ 51,755

SUPPLEMENTARY DATA - Summary _3

SUPPLEMENTARY DATA - Summary of Deferred Tax Valuation Allowance (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Valuation Allowance [Abstract]
Balance at Beginning	$ 182,513	$ 171,521	$ 858,932
Additions/Charged to Costs and Expenses, Net	35,410	11,064	(686,369)
Deductions	0	0	0
Foreign Exchange	(715)	(72)	(1,042)
Divestitures / Assets Held for Sale	0	0	0
Balance at End of Period	$ 217,208	$ 182,513	$ 171,521

SUPPLEMENTARY DATA - Summary _4

SUPPLEMENTARY DATA - Summary of Supplemental Cash Flow (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Supplemental information:
Cash paid for interest	$ 420,068	$ 353,932	$ 242,972
Cash payments for income taxes	123,681	73,654	42,084
Non-cash investing and financing activities:
Capital expenditures included in accounts payable and accrued liabilities	13,105	57,472	31,922
Contingent consideration provided in connection with acquisitions	45,830	7,637	1,500
Establishment and acquisition of non-controlling interests	0	6,331	414,985
Investment in affiliates retained from a business divestiture	0	0	202,220
Deferred consideration in connection with acquisitions	2,567	6,567	31,770
Non-cash contributions from non-controlling interests	1,493	9,000	0
Right-of-use assets obtained in exchange for operating lease obligations	148,691	31,956	28,211
Acquisition of WWE, net of deferred consideration	0	8,111,055	0
Establishment of liabilities under tax receivable agreement	21,052	69,465	4,639
Deferred tax asset	38,729	56,443	5,458
Common Class A [Member]
Non-cash investing and financing activities:
Issuance of Class A common stock due to an acquisition	0	781	70,254
Redeemable Stock [Member] | Noncontrolling Interest [Member]
Non-cash investing and financing activities:
Accretion of redeemable non-controlling interests	$ 8,036	$ (6,465)	$ 83,225

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS - Summary of Changes in the Carrying Value of Goodwill (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Goodwill [Line Items]
Beginning Balance	$ 9,517,143	$ 4,677,270
Acquisitions	46,032	5,103,489
Divestiture		(235,376)
Impairment	(72,207)	(31,772)
Assets held for sale	(326,763)
Foreign currency translation and other	(4,795)	3,532
Ending Balance	9,159,410	9,517,143
Owned Sports Properties [Member]
Goodwill [Line Items]
Beginning Balance	7,737,884	2,674,038
Acquisitions	0	5,063,775
Divestiture		0
Impairment	0	0
Assets held for sale	0
Foreign currency translation and other	(2,266)	71
Ending Balance	7,735,618	7,737,884
Events, Experiences & Rights [Member]
Goodwill [Line Items]
Beginning Balance	1,261,893	1,504,976
Acquisitions	0	20,539
Divestiture		(235,376)
Impairment	(72,207)	(31,772)
Assets held for sale	(326,763)
Foreign currency translation and other	(509)	3,526
Ending Balance	862,414	1,261,893
Representation [Member]
Goodwill [Line Items]
Beginning Balance	517,366	498,256
Acquisitions	46,032	19,175
Divestiture		0
Impairment	0	0
Assets held for sale	0
Foreign currency translation and other	(2,020)	(65)
Ending Balance	$ 561,378	$ 517,366

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS - Summary of Changes in the Carrying Value of Goodwill (Parenthetical) (Detail) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Accumulated Impairment Losses	$ 296.6	$ 224.4

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS - Summary of Company's Identifiable Intangible Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Finite-Lived Intangible Assets [Line Items]
Total Amortized Gross	$ 5,562,781	$ 5,621,632
Total Intangible Assets Gross	5,996,859	6,514,662
Accumulated Amortization	(1,988,314)	(1,702,378)
Carrying Value	3,574,467	3,919,254
Total Intangible Assets Carrying Value	4,008,543	4,812,284
Indefinite-Lived Trade Names	381,789	410,113
Indefinite-Lived Intangible Assets Accumulated Amortization of Trade Names	0	0
Owned events [Member]
Finite-Lived Intangible Assets [Line Items]
Indefinite-Lived Owned Events	52,289	482,917
Indefinite-Lived Intangible Assets Accumulated Amortization of Owned Events	$ 0	$ 0
Trade names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	22 years 8 months 12 days	22 years 8 months 12 days
Total Amortized Gross	$ 3,136,284	$ 3,138,390
Accumulated Amortization	(548,556)	(420,798)
Carrying Value	$ 2,587,728	$ 2,717,592
Customer and client relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	8 years 3 months 18 days	8 years 3 months 18 days
Total Amortized Gross	$ 2,200,017	$ 2,229,807
Accumulated Amortization	(1,305,148)	(1,159,370)
Carrying Value	$ 894,869	$ 1,070,437
Internally developed technology [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	2 years 10 months 24 days	3 years 2 months 12 days
Total Amortized Gross	$ 78,530	$ 104,248
Accumulated Amortization	(53,125)	(68,216)
Carrying Value	$ 25,405	$ 36,032
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	4 years	4 years
Total Amortized Gross	$ 147,950	$ 149,187
Accumulated Amortization	(81,485)	(53,994)
Carrying Value	$ 66,465	$ 95,193

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Intangible asset amortization expense	$ 363.7	$ 198.7	$ 157
Impairment, Intangible Asset, Statement of Income or Comprehensive Income [Extensible Enumeration]	Asset Impairment Charges	Asset Impairment Charges
Goodwill impairment loss	$ 72.2	$ 31.8	0.7
Impairment charges	$ 3.5	$ 43.1	$ 0

GOODWILL AND INTANGIBLE ASSET_6

GOODWILL AND INTANGIBLE ASSETS - Summary of Estimated Annual Intangible Amortization (Detail) $ in Thousands	Dec. 31, 2024 USD ($)
Goodwill and Intangible Assets Disclosure [Abstract]
2025	$ 302,057
2026	288,308
2027	251,719
2028	232,418
2029	227,541
Thereafter	2,272,424
Total	$ 3,574,467

INVESTMENTS - Summary of Compan

INVESTMENTS - Summary of Company's Investments (Detail) - USD ($) $ in Thousands		Dec. 31, 2024	Dec. 31, 2023
Investments, Debt and Equity Securities [Abstract]
Equity method investments	[1]	$ 205,474	$ 199,987
Equity investments without readily determinable fair values		194,834	193,867
Equity investments with readily determinable fair values		676	325
Total investments		$ 400,984	$ 394,179
[1] (1) The book value o f four equity method investments exceeded the Company’s percentage ownership share of their underlying net assets by $ 17.2 million, $ 27.3 million, $ 13.2 million and $ 9.6 million as of December 31, 2024 and $ 21.5 million, $ 27.7 million, none and $ 10.6 million as of December 31, 2023 . The basis differences, primarily resulting from acquisition purchase price step-ups on the investments, are accounted for as goodwill, which is not tested for impairment separately. Instead, the investments are tested if there are indicators of an other-than-temporary decline in carrying value.

INVESTMENTS - Summary of Comp_2

INVESTMENTS - Summary of Company's Investments (Detail) (Parenthetical) - USD ($) $ in Millions	Dec. 31, 2024	Dec. 31, 2023
Equity Method Investments 1 [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Underlying Equity in Net Assets	$ 17.2	$ 21.5
Equity Method Investments 2 [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Underlying Equity in Net Assets	27.3	27.7
Equity Method Investments 3 [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Underlying Equity in Net Assets	13.2	0
Equity method investments 4 [Member]
Schedule of Equity Method Investments [Line Items]
Equity Method Investment, Underlying Equity in Net Assets	$ 9.6	$ 10.6

INVESTMENTS - Additional Inform

INVESTMENTS - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Sep. 30, 2023	Jan. 31, 2022
Schedule of Held-to-Maturity Securities [Line Items]
Other than temporary impairment	$ 2,900,000	$ 9,900,000	$ 84,600,000
Equity losses of affiliates, net of tax	(13,940,000)	(21,018,000)	(223,604,000)
Equity investments without readily determinable fair values	194,834,000	193,867,000
Percentage of ownership sold					80%
Equity Investments [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Equity investments without readily determinable fair values	9,600,000	63,200,000	29,400,000
Investments Under Cost Methods [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Equity method investment without Readily Determinable Fair Values, gain loss from sale recorded	2,700,000	600,000	13,100,000
Recorded gains on disposal/sales	$ 3,800,000	1,100,000	3,300,000
Endeavor
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments					20%
Learfield Img College
Schedule of Held-to-Maturity Securities [Line Items]
Result of annual goodwill and indefinite lived intangibles asset impairment			56,100,000
Equity losses of affiliates, net of tax		0	129,700,000
Fifth Season [Member]
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments	15%
Equity losses of affiliates, net of tax	$ 12,400,000	21,200,000	$ 11,200,000
Recorded gains on disposal/sales		$ 10,100,000
Maximum [Member] | Endeavor
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments	50%	50%
Maximum [Member] | Learfield Img College
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments				42%
Minimum [Member] | Endeavor
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments	5%	5%
Minimum [Member] | Learfield Img College
Schedule of Held-to-Maturity Securities [Line Items]
Company's ownership of its equity method investments				1%

INVESTMENTS - Summary of Equity

INVESTMENTS - Summary of Equity Method Investments (Details) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Schedule of Equity Method Investments [Line Items]
Current assets	$ 4,025,805,000	$ 3,464,547,000
Current liabilities	4,997,391,000	2,796,945,000
Revenues	7,110,982,000	5,490,777,000	$ 5,007,603,000
Income (loss) from operations	(532,129,000)	551,740,000	310,000,000
Net (loss) income	(1,214,761,000)	557,469,000	321,664,000
Learfield Img College
Schedule of Equity Method Investments [Line Items]
Income (loss) from operations	31,173,000	322,000	(211,924,000)
Other Investments
Schedule of Equity Method Investments [Line Items]
Current assets	809,859,000	809,291,000
Non-current assets	1,088,871,000	1,091,480,000
Current liabilities	833,161,000	762,109,000
Non-current liabilities	437,738,000	483,441,000
Revenues	1,427,903,000	791,337,000	1,826,585,000
Net (loss) income	$ (62,532,000)	$ (81,865,000)	$ (359,665,000)

FINANCIAL INSTRUMENTS - Additio

FINANCIAL INSTRUMENTS - Additional Information (Detail) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2024	Jun. 30, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Financial Instrument [Line Items]
Outstanding forward foreign exchange contracts maturities			12 months
Other Comprehensive Income (Loss), before Reclassifications, Net of Tax			$ 9,700,000	$ 23,200,000	$ 98,600,000
Reclassification from Accumulated Other Comprehensive Income, Current Period, Net of Tax			36,600,000	59,400,000	(5,600,000)
2.05% Interest Rate Swap [Member]
Financial Instrument [Line Items]
Debt Instrument, Face Amount		$ 1,500,000,000	1,500,000,000
Debt instrument maturity date		Jun. 30, 2024
3.10% Interest Rate Swap [Member]
Financial Instrument [Line Items]
Debt Instrument, Face Amount			750,000,000
Debt instrument maturity date	Sep. 30, 2024
Designated As Cash Flow Hedge [Member] | Forward Foreign Exchange Contracts [Member]
Financial Instrument [Line Items]
Recognized net gains (losses) in accumulated other comprehensive (losses) gains			0	0	300,000
Reclassification of gains or losses into income (loss)			$ 0	0	800,000
SOFR [Member] | 2.05% Interest Rate Swap [Member]
Financial Instrument [Line Items]
Fixed rate			2.05%
SOFR [Member] | 3.10% Interest Rate Swap [Member]
Financial Instrument [Line Items]
Fixed rate			3.10%
Other Nonoperating Income (Expense) [Member] | Forward Foreign Exchange Contracts [Member]
Financial Instrument [Line Items]
Net (Loss) gains on foreign exchange contracts			$ 3,200,000	1,700,000	(400,000)
Other Nonoperating Income (Expense) [Member] | Not Designated As Cash Flow Hedge [Member] | Forward Foreign Exchange Contracts [Member]
Financial Instrument [Line Items]
Net Gain (Loss) on foreign exchange contracts			$ (400,000)	$ 4,500,000	$ (7,200,000)

FINANCIAL INSTRUMENTS - Schedul

FINANCIAL INSTRUMENTS - Schedule of Outstanding Forward Foreign Exchange Contracts Balances (Detail) € in Thousands, د.إ in Thousands, £ in Thousands, $ in Thousands, $ in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($)	Dec. 31, 2024 GBP (£)	Dec. 31, 2024 EUR (€)	Dec. 31, 2024 SGD ($)	Dec. 31, 2024 CAD ($)	Dec. 31, 2024 AED (د.إ)	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount	$ (3,380)						$ 14,082	$ (18,796)
British Pound Sterling [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount | £		£ 13,569
US Dollar Amount	$ 17,264
Weighted Average Exchange Rate Per $1 USD	0.0079
Canadian Dollar [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount					$ 850
US Dollar Amount	$ 627
Weighted Average Exchange Rate Per $1 USD	0.0136
Euro [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount | €			€ 1,950
US Dollar Amount	$ 2,132
Weighted Average Exchange Rate Per $1 USD	0.0091
Singapore Dollar [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount				$ 2,050
US Dollar Amount	$ 1,540
Weighted Average Exchange Rate Per $1 USD	0.0133
United Arab Emirates Dirham [Member]
Schedule Of Outstanding Forward Foreign Exchange Contracts Balances [Line Items]
Foreign Currency Amount | د.إ						د.إ 3,200
US Dollar Amount	$ 872
Weighted Average Exchange Rate Per $1 USD	0.0367

FAIR VALUE MEASUREMENTS - Summa

FAIR VALUE MEASUREMENTS - Summary of Fair Value Of Assets and Liabilities Measured on Recurring Basis (Detail) - Fair Value, Recurring [Member] - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Assets:
Investments in equity securities with readily determinable fair values	$ 676	$ 325
Forward foreign exchange contracts	3,308	1,402
Interest rate swaps	718	32,683
Total	4,702	34,410
Liabilities:
Contingent consideration	51,901	8,103
Forward foreign exchange contracts	2,544	3,372
Total	54,445	11,475
Level I [Member]
Assets:
Investments in equity securities with readily determinable fair values	676	325
Forward foreign exchange contracts	0	0
Interest rate swaps	0	0
Total	676	325
Liabilities:
Contingent consideration	0	0
Forward foreign exchange contracts	0	0
Total	0	0
Level II [Member]
Assets:
Investments in equity securities with readily determinable fair values	0	0
Forward foreign exchange contracts	3,308	1,402
Interest rate swaps	718	32,683
Total	4,026	34,085
Liabilities:
Contingent consideration	0	0
Forward foreign exchange contracts	2,544	3,372
Total	2,544	3,372
Level III [Member]
Assets:
Investments in equity securities with readily determinable fair values	0	0
Forward foreign exchange contracts	0	0
Interest rate swaps	0	0
Total	0	0
Liabilities:
Contingent consideration	51,901	8,103
Forward foreign exchange contracts	0	0
Total	$ 51,901	$ 8,103

FAIR VALUE MEASUREMENTS - Addit

FAIR VALUE MEASUREMENTS - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Transfers of assets or liabilities between fair value measurement classifications	$ 0
Forward Foreign Exchange Contracts [Member] | Other Current Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward foreign exchange contracts, asset fair value disclosure	1,300,000	$ 1,300,000
Forward Foreign Exchange Contracts [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward foreign exchange contracts, asset fair value disclosure	2,000,000	100,000
Forward Foreign Exchange Contracts [Member] | Other Current Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward foreign exchange contracts, liability fair value disclosure	2,500,000	2,200,000
Forward Foreign Exchange Contracts [Member] | Other Long Term Liabilities [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Forward foreign exchange contracts, liability fair value disclosure	0	1,200,000
Interest Rate Swap [Member] | Other Assets [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Fair value of the interest rate swaps	$ 700,000	$ 32,700,000

DEBT - Additional Information (

DEBT - Additional Information (Detail) shares in Millions	1 Months Ended							12 Months Ended
	Nov. 30, 2024 USD ($)	Sep. 30, 2024 USD ($)	May 31, 2024 USD ($)	Jul. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)	Sep. 30, 2022 USD ($)	Oct. 31, 2018 USD ($)	Dec. 31, 2024 USD ($) Days shares	Dec. 31, 2023 USD ($)	Dec. 31, 2022 USD ($)
Debt Instrument [Line Items]
Paid in kind interest								$ 3,508,000	$ 0	$ 0
Long-term debt								5,678,131,000	5,028,311,000
Other current liabilities								67,594,000	97,190,000
Revolving Credit Facility [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								2,200,000,000	2,200,000,000
Line of credit								200,000,000
Additional borrowing capacity			$ 50,000,000					$ 150,000,000
Line of credit maturity date								April 2, 2025
Repayment of line of credit								$ 150,000,000
Revolving Credit Facility [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of credit, commitment fee percentage								0.50%
Revolving Credit Facility [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of credit, commitment fee percentage								0.25%
Revolving Credit Facility [Member] | SOFR [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of credit interest rate								2.50%
Revolving Credit Facility [Member] | SOFR [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of credit interest rate								2%
Revolving Credit Facility [Member] | SOFR Floor [Member]
Debt Instrument [Line Items]
First lien leverage ratio								0%
2014 Credit Facilities [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 0	0
Line of credit maturity date								May 18, 2025
First lien maximum leverage amount								$ 50,000,000
Line of credit leverage ratio								7.5-to-1
Percentage of revolving commitments								35%
Zuffa Credit Facilities [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 2,800,000,000	2,700,000,000
Line of credit								205,000,000
Additional borrowing capacity								$ 150,000,000
Principal amortization percentage								0.01
Line of credit maturity date								November 21, 2031
Zuffa Credit Facilities [Member] | Incremental Term Loan [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 0	0
Zuffa Credit Facilities [Member] | Credit Agreement [Member]
Debt Instrument [Line Items]
Line of credit interest rate description								8.25-to-1
Zuffa Credit Facilities [Member] | Credit Agreement One [Member]
Debt Instrument [Line Items]
Line of credit interest rate description								6.5-to-1
Zuffa Credit Facilities [Member] | Fifth Amendment
Debt Instrument [Line Items]
Line of credit	$ 2,800,000,000
Additional borrowing capacity	$ 44,500,000
Credit Facility maturity date	Nov. 21, 2029
Zuffa Credit Facilities [Member] | Maximum [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 85,000,000
Line of credit, commitment fee percentage								0.50%
Zuffa Credit Facilities [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of credit, commitment fee percentage								0.25%
Zuffa Credit Facilities [Member] | SOFR [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of credit interest rate								2.25%
Zuffa Credit Facilities [Member] | SOFR [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of credit interest rate								2%
Zuffa Credit Facilities [Member] | SOFR Floor [Member]
Debt Instrument [Line Items]
Line of credit interest rate								0%
Zuffa First Lien Term Loan [Member]
Debt Instrument [Line Items]
Line of credit maturity date								November 2031
Percentage of revolving commitments								40%
Zuffa First Lien Term Loan [Member] | SOFR [Member]
Debt Instrument [Line Items]
Line of credit interest rate								2.25%
New First Lien Term Loan [Member]
Debt Instrument [Line Items]
Principal amortization percentage								0.01
Repayment of line of credit				$ 32,000,000	$ 200,000,000	$ 250,000,000
New First Lien Term Loan [Member] | SOFR [Member]
Debt Instrument [Line Items]
Line of credit interest rate								2.75%
New First Lien Term Loan [Member] | SOFR Floor [Member]
Debt Instrument [Line Items]
First lien leverage ratio								0%
OL Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 0	0
Number of days prior to the maturity date of the term loans | Days								91
Line of credit interest rate description								3-to-1
Line of Credit Facility, Maximum Borrowing Capacity								$ 42,900,000
Long-term debt								$ 2,000,000
Percentage of revolving commitments								40%
Repayment of line of credit				16,900,000
OL Revolving Credit Agreement [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of credit maturity date								August 2026
Ole Revolving Credit Covenant [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 0	0
Other Debt Agreement [Member]
Debt Instrument [Line Items]
Outstanding amount paid				$ 18,000,000
Zuffa Secured Commercial Loans [Member]
Debt Instrument [Line Items]
Line of credit							$ 40,000,000
Principal amortization percentage							0.04
Line of credit maturity date							November 1, 2028
Debt service coverage ratio							1.15-to-1
Zuffa Secured Commercial Loans [Member] | SOFR [Member]
Debt Instrument [Line Items]
Line of credit interest rate								1.70%
Zuffa Secured Commercial Loans [Member] | SOFR Floor [Member]
Debt Instrument [Line Items]
Line of credit interest rate								0.88%
2014 Credit Facilities and Zuffa Credit Facilities [Member]
Debt Instrument [Line Items]
Debt instrument fair value								$ 5,000,000,000	5,000,000,000
2014 Credit Facilities and Zuffa Credit Facilities [Member] | EDR Endeavor Group Holdings [Member]
Debt Instrument [Line Items]
Cash held for long term deferred income taxes								40,500,000
Income taxe payable								22,000,000
Long term deferred tax benefit								701,100,000	486,200,000
Tax receivable agreements liability								881,500,000	990,500,000
Other long-term liabilities								751,000,000	834,300,000
Other current liabilities								$ 130,500,000	156,200,000
2014 Credit Facilities and Zuffa Credit Facilities [Member] | SOFR [Member]
Debt Instrument [Line Items]
First lien leverage ratio								0%
Margin Loan [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 678,600,000
Additional borrowing capacity		$ 2,250,000,000						675,100,000
Line of credit interest rate		3%
Paid in kind interest								$ 3,500,000
Debt instrument maturity date		Sep. 13, 2029
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]		Secured Overnight Financing Rate (SOFR) [Member]
T K O Operating Company, LLC [Member]
Debt Instrument [Line Items]
Common Unit, Issued | shares								83.1
Letter of Credit [Member] | 2014 Credit Facilities [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 28,200,000	28,900,000
Letter of Credit [Member] | Zuffa Credit Facilities [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								0	0
Letter of Credit [Member] | OL Revolving Credit Agreement [Member]
Debt Instrument [Line Items]
Outstanding letters of credit								$ 0	$ 0

DEBT - Summary of Outstanding D

DEBT - Summary of Outstanding Debt (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Debt Instrument [Line Items]
Total principal	$ 5,720,198	$ 5,061,164
Unamortized discount	(24,237)	(11,192)
Unamortized issuance costs	(17,830)	(21,661)
Total debt	5,678,131	5,028,311
Less: current portion	(2,248,029)	(58,894)
Long-term debt	3,430,102	4,969,417
First Lien Term Loan (due May 2025) [Member]
Debt Instrument [Line Items]
Total principal	2,213,652	2,243,784
Zuffa First Lien Term Loan (due November 2031) [Member]
Debt Instrument [Line Items]
Total principal	2,750,000	2,728,766
Other debt (3.25%-14.50% Notes due at various dates through 2033) [Member]
Debt Instrument [Line Items]
Total principal	$ 756,546	$ 88,614

DEBT - Summary of Outstanding_2

DEBT - Summary of Outstanding Debt (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2024
First Lien Term Loan (due May 2025) [Member]
Debt Instrument [Line Items]
Line of credit maturity date	May 2025
Zuffa First Lien Term Loan (due November 2031) [Member]
Debt Instrument [Line Items]
Line of credit maturity date	November 2031
Other debt (3.25%-14.50% Notes due at various dates through 2033) [Member]
Debt Instrument [Line Items]
Line of credit maturity date	2033
Other debt (3.25%-14.50% Notes due at various dates through 2033) [Member] | Maximum [Member]
Debt Instrument [Line Items]
Line of credit interest rate	14.50%
Other debt (3.25%-14.50% Notes due at various dates through 2033) [Member] | Minimum [Member]
Debt Instrument [Line Items]
Line of credit interest rate	3.25%

DEBT - Schedule of Maturities o

DEBT - Schedule of Maturities of Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Debt Instruments [Abstract]
2025	$ 2,253,380
2026	35,701
2027	33,264
2028	65,018
2029	709,422
Thereafter	2,623,413
Total	$ 5,720,198	$ 5,061,164

SHAREHOLDERS' EQUITY - Summary

SHAREHOLDERS' EQUITY - Summary of Company's Certificate of Incorporation (Details) - $ / shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Common Class A [Member]
Class of Stock [Line Items]
Common stock, par value	$ 0.00001	$ 0.00001
Votes	1
Economic Rights	Yes
Common Class B [Member]
Class of Stock [Line Items]
Common stock, par value	$ 0.00001	0.00001
Votes	None
Economic Rights	Yes
Common Class C [Member]
Class of Stock [Line Items]
Common stock, par value	$ 0.00001	0.00001
Votes	None
Economic Rights	Yes
Common Class X [Member]
Class of Stock [Line Items]
Common stock, par value	$ 0.00001	0.00001
Votes	1
Economic Rights	None
Common Class Y [Member]
Class of Stock [Line Items]
Common stock, par value	$ 0.00001	$ 0.00001
Votes	20
Economic Rights	None

SHAREHOLDERS' EQUITY - Addition

SHAREHOLDERS' EQUITY - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions		1 Months Ended					3 Months Ended	4 Months Ended	12 Months Ended
	Sep. 12, 2023	Dec. 31, 2024	Oct. 31, 2024	Apr. 30, 2024	Nov. 30, 2023	Oct. 31, 2023	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2023	May 31, 2023
Number of EOC common units redeemed						4,000,000
EOC common units redeemed value						$ 93.6			$ 0
TKO Operating Company, LLC [Member]
Economic interest in an operating subsidiary	51%
Economic ownership interest	49%
TKO Group Holdings Inc [Member]
Controlling non-economic voting interest	51%
Voting interest	49%
Economic ownership interest	100%
Zuffa [Member]
Maximum borrowing capacity					$ 100
Common Class A [Member]
Share price				$ 0.06
Stock issued during period shares									2,600,000
Number of shares purchase									9,109,376
Common Class A [Member] | Accelerated Share Repurchase Agreement [Member]
Stock repurchase program, authorized amount						$ 200	$ 200
Number of shares purchase							6,500,000
Common Class A [Member] | Maximum [Member]
Stock repurchase program, authorized amount										$ 300
Common Class A [Member] | Endeavor Group Holdings [Member]
Share price				$ 89.01
Stock repurchase program, authorized amount		$ 125.6		$ 146.2
Number of shares purchase		863,847		1,642,970
Common Class A [Member] | TKO Group Holdings Inc [Member]
Share price				$ 89.01
Stock repurchase program, authorized amount		$ 100	$ 2,000	$ 165	$ 100
Dividends share based compensation cash			$ 75
Number of shares purchase				1,853,724	1,308,729			1,308,729

REDEEMABLE NON-CONTROLLING INTE

REDEEMABLE NON-CONTROLLING INTERESTS - Additional Information (Detail) - USD ($) $ in Millions	1 Months Ended
	Apr. 30, 2022	Jul. 31, 2018	Jun. 30, 2016	Dec. 31, 2024	Dec. 31, 2023	May 31, 2023	Aug. 31, 2022
Redeemable Noncontrolling Interest [Line Items]
Proceeds from noncontrolling interests		$ 9.7	$ 75
Minority interest ownership percentage			34%
EBIT DA multiplication factor				7.5
OLE [Member]
Redeemable Noncontrolling Interest [Line Items]
Share Price Per Unit Percentage	32%
Cash Paid For Equity Exercised	$ 87.9
Payment of contingent consideration in cash	24
Issuance of Class A common stock due to exchanges	$ 223.7
OLE [Member] | Common Class X [Member]
Redeemable Noncontrolling Interest [Line Items]
Shares, Issued	8,037,483
OLE [Member] | Common Class A [Member]
Redeemable Noncontrolling Interest [Line Items]
Shares, Issued	495,783
China Subsidiary [Member] | Common Class X [Member]
Redeemable Noncontrolling Interest [Line Items]
Shares, Issued	659,896
China Subsidiary [Member] | Common Class A [Member]
Redeemable Noncontrolling Interest [Line Items]
Shares, Issued	5,693,774
Issuance of Class A common stock due to exchanges	$ 158.5
Barrett Jackson Holdings Llc [Member]
Redeemable Noncontrolling Interest [Line Items]
Business acquisition percentage of shares issued							29.90%
Temporary equity, estimated redemption value				$ 211	$ 203.9
Noncontrolling interest, fair value							$ 210.1
EBIT DA multiplication factor							13
Zuffa [Member]
Redeemable Noncontrolling Interest [Line Items]
Temporary equity, estimated redemption value				$ 21.9	$ 11.2
Frieze [Member]
Redeemable Noncontrolling Interest [Line Items]
Business acquisition sale of remaining interest				30%		30%
Exercise of Call option						$ 16.5

EARNINGS PER SHARE - Schedule o

EARNINGS PER SHARE - Schedule of Earnings Per Share and Weighted Average Shares Outstanding (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Numerator for continuing operations
Net (loss) income from continuing operations	$ (532,129)	$ 551,740	$ 310,000
Net (loss) income from continuing operations, diluted	(532,129)	551,740	310,000
Less: Net (loss) income attributable to noncontrolling interests	(173,929)	194,618	187,701
Less: Net (loss) income attributable to noncontrolling interests	(24,591)	23,379	191,900
Net (loss) income from continuing operations attributable to the Company	(358,200)	357,122	122,299
Net (loss) income from continuing operations attributable to the Company	(556,720)	528,361	118,100
Adjustment to net (loss) income attributable to the Company	563	313	5,497
Adjustment to net (loss) income attributable to the Company	(38)	313	5,497
Net (loss) income from continuing operations attributable to EGH common shareholders- Diluted	(556,758)	528,674	123,597
Net (loss) income from continuing operations attributable to EGH common shareholders- Basic	(357,637)	357,435	127,796
Numerator for discontinued operations
Net (loss) income from discontinued operations	(682,632)	5,729	11,664
Less: Net (loss) income attributable to noncontrolling interests	(258,418)	6,335	4,830
Less: Net (loss) income attributable to noncontrolling interests	(614)	6,335	4,830
Net (loss) income from discontinued operations attributable to the Company	(424,214)	(606)	6,834
Net (loss) income from discontinued operations attributable to the Company	(682,018)	(606)	6,834
Adjustment to net (loss) income attributable to the Company	836	0	0
Adjustment to net (loss) income attributable to the Company	39,989	0	0
Net (loss) income from discontinued operations attributable to EGH common shareholders- Basic	(423,378)	(606)	6,834
Net (loss) income from discontinued operations attributable to EGH common shareholders- Diluted	(642,029)	(606)	6,834
Net (loss) income attributable to EGH common shareholders for basic (loss) earnings per share	(781,015)	356,829	134,630
Net (loss) income attributable to EGH common shareholders for diluted (loss) earnings per share	$ (1,198,787)	$ 528,068	$ 130,431
Denominator
Weighted average Class A Common Shares outstanding - Basic	305,400,277	298,915,993	281,369,848
Additional shares assuming exchange of all EOC Profits Units	0	802,961	1,567,981
Additional shares from RSUs, Stock Options and Phantom Units, as calculated using the treasury stock method	0	2,178,731	1,870,980
Additional shares assuming exchange of all Endeavor Operating Units and Endeavor Manager Units	146,778,228	157,836,630	0
Additional shares assuming redemption of redeemable non-controlling interests	0	5,128,584	2,899,023
Weighted average number of shares used in computing diluted (loss) earnings per share	452,178,505	464,862,899	287,707,832
Basic (loss) earnings per share from continuing operations	$ (1.17)	$ 1.19	$ 0.46
Basic (loss) earnings per share from discontinued operations	(1.39)	0	0.02
Basic	(2.56)	1.19	0.48
Diluted (loss) earnings per share from continuing operations	(1.23)	1.14	0.43
Diluted (loss) earnings per share from discontinued operations	(1.42)	0	0.02
Diluted	$ (2.65)	$ 1.14	$ 0.45
Common Class A [Member]
Denominator
Weighted average Class A Common Shares outstanding - Basic	305,400,277	298,915,993	281,369,848

EARNINGS PER SHARE - Schedule_2

EARNINGS PER SHARE - Schedule of Antidilutive Securities (Detail) - shares	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Stock Options [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	3,981,606	4,083,844	2,512,767
Unvested Restricted Stock Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	9,027,439	1,111,228	1,244,709
Manager LLC Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	0	0	23,242,032
EOC Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	186,246	0	141,711,612
EOC Profits Interest And Phantom Units [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	15,461,104	0	0
Redeemable Non-controlling Interests [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Antidilutive securities	4,888,092	0	0
Accelerated Share Repurchase Agreement [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Accelerated share repurchase agreement	0	(948,343)	0

EQUITY BASED COMPENSATION - Add

EQUITY BASED COMPENSATION - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share based compensation expense	$ 214,686	$ 254,028	$ 209,380
Share based compensation by share based payment arrangment unrecognized compensation	357,631
Share based compensation by share based payment award options and equity instruments other than options vested grant date fair value	83,000	152,300	96,200
Share based compensation by share based payment award options and equity instruments other than options vested aggregate intrinsic value	35,800
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Exercisable, Intrinsic Value	$ 300	$ 100	0
Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value	$ 0.00001	$ 0.00001
WWE Class A Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value	0.01
TKO Class A Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock, par value	$ 0.00001
CEO And Executive Chairman [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation by share based payment arrangment unrecognized compensation	$ 75,100
Two Thousand And Twenty One Incentive Award Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share based compensation expense	126,119	$ 200,278	$ 180,757
Share based compensation by share based payment arrangment unrecognized compensation	$ 195,184
Share based compensation by share based payment arrangement unrecognized compensation remaining period for recognition	2 years 1 month 28 days
Share based compensation arrangement, terms of award	The terms of each award, including vesting and forfeiture, are fixed by the administrator of the 2021 Plan. Key grant terms include one or more of the following: (a) time-based vesting over a two to five year period or full vesting at grant; (b) market-based vesting conditions at graduated levels upon the Company’s attainment of certain market price per share thresholds; and (c) expiration dates (if applicable). Granted awards may include time-based vesting conditions only, market-based vesting conditions only, or both.
Two Thousand And Twenty One Incentive Award Plan [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares reserved for future issuance	37,747,145
Share based compensation arrangement by share based payment award equity instruments other than options granted	0
Two Thousand And Twenty One Incentive Award Plan [Member] | Employee Stock Option
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation by share based payment arrangement weighted average grant date of fair value of options granted	$ 0	$ 9.92	$ 12.57
TKO Two Thousand And Twenty Three Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share based compensation expense	$ 59,964	$ 6,724	$ 0
Share based compensation by share based payment arrangment unrecognized compensation	$ 140,395
Share based compensation by share based payment arrangement unrecognized compensation remaining period for recognition	2 years 1 month 28 days
Two Thousand And Twenty Three Incentive Award Plan [Member] | TKO Class A Common Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares reserved for future issuance	10,000,000
Ceo And Executive Chairman Market Based Incentive Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Allocated share based compensation expense	$ 38,600	$ 56,500	$ 76,700
Share based compensation by share based payment arrangement unrecognized compensation remaining period for recognition	1 year 10 months 20 days
Ceo And Executive Chairman Market Based Incentive Awards [Member] | Executive Chairman [Member] | Performing Vesting Restricted Stock Units [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement, number of shares vested				0.333333
Ceo And Executive Chairman Market Based Incentive Awards [Member] | CEO And Executive Chairman [Member] | Performing Vesting Restricted Stock Units [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Share based compensation arrangement,Volume weighted average price per share				$ 24

EQUITY BASED COMPENSATION - Sum

EQUITY BASED COMPENSATION - Summary of Selling General and Administrative Expenses (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Allocated share based compensation expense	$ 214,686	$ 254,028	$ 209,380
Two Thousand And Twenty One Incentive Award Plan [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Allocated share based compensation expense	126,119	200,278	180,757
Pre-IPO equity awards
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Allocated share based compensation expense	857	2,783	17,250
TKO Two Thousand And Twenty Three Plan [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Allocated share based compensation expense	59,964	6,724	0
WWE Replacement Awards [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Allocated share based compensation expense	27,746	31,747	0
Other Various Subsidiaries Awards
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Allocated share based compensation expense	$ 0	$ 12,496	$ 11,373

EQUITY BASED COMPENSATION - Unr

EQUITY BASED COMPENSATION - Unrecognized compensation cost for unvested awards and the related remaining weighted average (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($)
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation by share based payment arrangment unrecognized compensation	$ 357,631
Two Thousand And Twenty One Incentive Award Plan [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation by share based payment arrangment unrecognized compensation	$ 195,184
Share based compensation by share based payment arrangement unrecognized compensation remaining period for recognition	2 years 1 month 28 days
Pre-IPO equity awards
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation by share based payment arrangment unrecognized compensation	$ 1,174
Share based compensation by share based payment arrangement unrecognized compensation remaining period for recognition	7 months 17 days
TKO Two Thousand And Twenty Three Plan [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation by share based payment arrangment unrecognized compensation	$ 140,395
Share based compensation by share based payment arrangement unrecognized compensation remaining period for recognition	2 years 1 month 28 days
WWE Replacement Awards [Member]
Share-Based Payment Arrangement, Expensed and Capitalized, Amount [Line Items]
Share based compensation by share based payment arrangment unrecognized compensation	$ 20,878
Share based compensation by share based payment arrangement unrecognized compensation remaining period for recognition	11 months 15 days

EQUITY BASED COMPENSATION - Sch

EQUITY BASED COMPENSATION - Schedule of Share Based Payment Award Stock Options Valuation Assumptions (Detail) - Common Class A [Member] - Two Thousand And Twenty One Incentive Award Plan [Member]	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Risk-free Interest Rate	3.47%
Expected Volatility	42%	40.90%
Expected Life (in years)	6 years	6 years
Expected Dividend Yield	0%	0%
Minimum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Risk-free Interest Rate		1.85%
Maximum [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Risk-free Interest Rate		1.89%

EQUITY BASED COMPENSATION - S_2

EQUITY BASED COMPENSATION - Summary of Restricted Stock Units and Restricted Stock Award (Detail) - Restricted Stock Units (RSUs) [Member]	12 Months Ended
	Dec. 31, 2024 USD ($) shares $ / shares
Time Vested Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding beginning balances	7,471,604
Weighted average grant-date fair value, beginning balances | $ / shares	$ 26.12
Granted	4,210,272
Weighted average grant-date fair value, granted | $ / shares	$ 24.83
Forfeited	(491,944)
Forfeited | $ / shares	$ 23.74
Released	(3,027,023)
Released,Value | $ / shares	$ 24.81
Vested and releasable,Units	428,460
Vested and releasable | $	28
Outstanding balances at end	8,162,909
Weighted average grant-date fair value, ending balance | $ / shares	$ 26.08
Market Vested Restricted Stock Units [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding beginning balances	1,092,614
Weighted average grant-date fair value, beginning balances | $ / shares	$ 25.35
Granted	0
Weighted average grant-date fair value, granted | $ / shares	$ 0
Forfeited	(164,480)
Forfeited | $ / shares	$ 25.61
Released	0
Released,Value | $ / shares	$ 0
Vested and releasable	0
Vested and releasable,value | $	$ 0
Outstanding balances at end	928,134
Weighted average grant-date fair value, ending balance | $ / shares	$ 25.31

EQUITY BASED COMPENSATION - S_3

EQUITY BASED COMPENSATION - Summary of Share Based Compensation Arrangements by Share Based Payment Award (Detail) - Employee Stock Option	12 Months Ended
	Dec. 31, 2024 $ / shares shares
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Outstanding balances at beginning | shares	4,083,844
Exericse of stock options ,Shares | shares	(65,884)
Forfeited or expired | shares	(36,354)
Outstanding balances at end | shares	3,981,606
Share-Based Compensation Arrangement by Share-Based Payment Award, Options, Vested and Expected to Vest, Exercisable, Number | shares	3,668,417
Outstanding balances at beginning | $ / shares	$ 25.49
Exercised | $ / shares	24
Forfeited or expired | $ / shares	27.49
Outstanding balances at end | $ / shares	25.5
Vested and exercisable | $ / shares	$ 25.17

EQUITY BASED COMPENSATION - S_4

EQUITY BASED COMPENSATION - Summary of RSU TKO Plan award activity (Detail) - Time Vested Restricted Stock Units [Member]	12 Months Ended
	Dec. 31, 2024 USD ($) $ / shares shares
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding beginning balances	7,471,604
Weighted average grant-date fair value, beginning balances | $ / shares	$ 26.12
Granted	4,210,272
Weighted average grant-date fair value, granted | $ / shares	$ 24.83
Forfeited	(491,944)
Forfeited | $ / shares	$ 23.74
Released	(3,027,023)
Released,Value | $ / shares	$ 24.81
Vested and releasable,Units	428,460
Vested and releasable | $	28
Outstanding balances at end	8,162,909
Weighted average grant-date fair value, ending balance | $ / shares	$ 26.08
RSU TKO Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding beginning balances	935,536
Weighted average grant-date fair value, beginning balances | $ / shares	$ 91.23
Granted	1,630,439
Weighted average grant-date fair value, granted | $ / shares	$ 91.95
Forfeited	(42,516)
Forfeited | $ / shares	$ 85.86
Vested	416,450
Weighted average grant fair value, vested | $ / shares	$ 88.14
Vested and releasable,Units	267,150
Vested and releasable | $	78.22
Outstanding balances at end	2,107,009
Weighted average grant-date fair value, ending balance | $ / shares	$ 92.51

EQUITY BASED COMPENSATION - S_5

EQUITY BASED COMPENSATION - Summary of RSU award, RSU, PSU Replacement Awards Activity (Detail)	12 Months Ended
	Dec. 31, 2024 $ / shares shares
Time Vested Restricted Stock Units [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding beginning balances	7,471,604
Granted	4,210,272
Released	(3,027,023)
Forfeited	(491,944)
Outstanding balances at end	8,162,909
Vested and releasable,Units	428,460
Weighted average grant-date fair value, beginning balances | $ / shares	$ 26.12
Weighted average grant-date fair value, granted | $ / shares	24.83
Weighted average grant-date fair value, forfeited | $ / shares	23.74
Weighted average grant-date fair value, ending balance | $ / shares	$ 26.08
Time Vested Restricted Stock Units [Member] | RSU Replacement Awards [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding beginning balances	701,090
Vested	(259,847)
Forfeited	(188,643)
Outstanding balances at end	252,600
Weighted average grant-date fair value, beginning balances | $ / shares	$ 100.65
Weighted average grant fair value, vested | $ / shares	100.65
Weighted average grant-date fair value, forfeited | $ / shares	100.65
Weighted average grant-date fair value, ending balance | $ / shares	$ 100.65
Market Vested Restricted Stock Units [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding beginning balances	1,092,614
Granted	0
Released	0
Forfeited	(164,480)
Outstanding balances at end	928,134
Weighted average grant-date fair value, beginning balances | $ / shares	$ 25.35
Weighted average grant-date fair value, granted | $ / shares	0
Weighted average grant-date fair value, forfeited | $ / shares	25.61
Weighted average grant-date fair value, ending balance | $ / shares	$ 25.31
Time Vested Performance Stock Units [Member] | PSU Replacement Awards[Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Outstanding beginning balances	327,403
Vested	(136,885)
Forfeited	(6,038)
Outstanding balances at end	184,480
Weighted average grant-date fair value, beginning balances | $ / shares	$ 93.84
Weighted average grant fair value, vested | $ / shares	100.65
Weighted average grant-date fair value, forfeited | $ / shares	100.65
Weighted average grant-date fair value, ending balance | $ / shares	$ 126.94

EMPLOYEE BENEFITS - Additional

EMPLOYEE BENEFITS - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Defined Contribution Plan Disclosure [Line Items]
Total company contributions to 401 (k) plan	$ 29.6	$ 25.6	$ 21.9

INCOME TAXES - Additional Infor

INCOME TAXES - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Dec. 31, 2022	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
(Benefit from) provision for income taxes		$ (52,133)	$ 208,890	$ (657,698)
Effective income tax rate		9.10%	26.70%	530%
Unrecognized tax benefits	$ 38,917	$ 41,594	$ 50,862	$ 38,917	$ 38,452
Percentage of realized tax benefits payable pursuant to an agreement	15%
Deferred income taxes		660,800	430,300
Net deferred tax assets (liabilities)		280,941	(16,522)
Deferred income taxes		371,865	446,861
Operating loss carryforwards, not subject to expiration		244,800
Increased valuation allowance		34,700	11,000
Goodwill	$ 4,677,270	9,159,410	9,517,143	4,677,270
Unrecognized tax benefits, penalties accrued	200	1,200	1,200	200
Uncertain tax positions that would impact effective tax rate		56,600
Other comprehensive income		(700)
(Benefit from) provision for income taxes		(138,173)	10,950	9,194
(Loss) income from discontinued operations before equity losses of affiliates		$ (820,805)	$ 16,679	$ 20,858
Effective income tax rate discontinuing operations		16.80%	65.70%	44.10%
Amount of interest expense accrued	$ 9,400	$ 14,800	$ 14,700	$ 9,400
Interest on income tax		100	5,400	3,300
TKO Group Holdings Inc [Member]
(Benefit from) provision for income taxes		38,400
(Benefit from) provision for income taxes		(3,000)
IPO [Member]
(Benefit from) provision for income taxes			2,500
Goodwill			16,600
(Benefit from) provision for income taxes			(8,100)
Maximum [Member]
Recognized penalties		(100)	1,000	200
U.S. Federal [Member]
Operating loss carryforwards, domestic		$ 298,600
operating loss carryforwards expiration description		2025 through 2037
Operating loss carryforwards, subject to expiration		$ 53,800
Capital loss carryforwards		11,800
Foreign [Member]
Operating loss carryforwards, foreign		$ 45,200
operating loss carryforwards expiration description		2025 through 2034
Operating loss carryforwards, expiration period		5 years
Capital loss carryforwards		$ 9,700
Foreign tax credit carryforwards		133,000
State [Member]
(Benefit from) provision for income taxes		$ 19,700
operating loss carryforwards expiration description		2025 through 2044
Discontinued Operations [Member]
(Loss) income from discontinued operations before equity losses of affiliates		$ (820,600)	16,700	$ 20,900
Tax Receivable Agreement [Member]
Percentage of realized tax benefits payable pursuant to an agreement		85%
Tax liability reduction pursuant to an agreement		$ 881,500	$ 990,500

INCOME TAXES - Schedule of Comp

INCOME TAXES - Schedule of Components of (Loss) Income from Continuing Operations Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
United States	$ (633,776)	$ 728,433	$ (127,291)
Foreign	63,454	53,215	3,197
(Loss) income from continuing operations before income taxes and equity losses of affiliates	$ (570,322)	$ 781,648	$ (124,094)

INCOME TAXES - Summary of Compo

INCOME TAXES - Summary of Components of (Benefit from) Provision for Income Tax from Continuing Operations (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Current:
U.S. federal, state, and local	$ 24,665	$ 62,635	$ 7,756
Foreign	60,307	50,986	37,789
Total current	84,972	113,621	45,545
Deferred:
U.S. federal, state, and local	(141,504)	96,454	(703,071)
Foreign	4,399	(1,185)	(172)
Total Deferred	(137,105)	95,269	(703,243)
Total provision for (benefit from) income taxes	$ (52,133)	$ 208,890	$ (657,698)

INCOME TAXES - Schedule of Effe

INCOME TAXES - Schedule of Effective Income Tax Rate Based on Consolidated Statements of Operations Differs From U.S. Statutory Federal Income Tax Rate (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
U.S. federal statutory income tax rate	21%	21%	21%
Income tax benefit at U.S. federal statutory rate	$ (119,767)	$ 164,146	$ (26,059)
Partnership loss (income) not taxable/deductible for tax	28,454	(13,515)	(37,440)
Tax impact of foreign operations	(15,535)	1,087	23,823
Permanent differences	(15,191)	2,280	(26,251)
Nondeductible meals and entertainment	6,450	4,445	2,986
Equity method investments	(2,728)	(3,055)	(21,511)
Capital loss carryforward	(2,830)	0	3,649
U.K. hybrid restriction	3,770	(2,187)	(2,192)
Withholding tax	49,686	29,601	17,344
Foreign tax credit, net of expiration	(27,750)	(34,321)	3,384
Foreign tax deduction	(4,478)	873	(3,564)
Equity compensation	26,077	29,273	27,197
Net operating loss adjustment	4,477	1,777	(39,684)
Section 743(b)/734 adjustment	824	(7,478)	(51,170)
Tax receivable agreement adjustment	3,103	(16,646)	136,310
Valuation allowance	38,446	2,478	(721,955)
Unrecognized tax benefits	(6,822)	8,347	6,240
U.S. state and local taxes	(24,813)	29,998	50,844
Investment in subsidiaries	(17,707)	0	0
Impairments	11,876	4,413	239
Transaction costs	11,284	7,121	0
Other	1,041	253	112
Total provision for (benefit from) income taxes	$ (52,133)	$ 208,890	$ (657,698)

INCOME TAXES - Summary of Princ

INCOME TAXES - Summary of Principal Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Deferred tax assets:
Compensation and severance	$ 73,457	$ 66,049
Net operating loss, tax credits, and other tax carryforwards	382,821	280,026
Lease liability	134,571	116,801
Intangible assets	66,444	12,332
Accrued expenses	58,532	0
Write-down of assets to fair value	99,126	0
Other assets	41,604	56,293
Total gross deferred tax assets	856,555	531,501
Less valuation allowance	(217,208)	(182,513)
Total deferred tax assets	639,347	348,988
Deferred tax liabilities:
Investments	(123,094)	(144,547)
Loss contracts	(7,793)	(13,547)
Property, buildings and equipment	(55,094)	(58,039)
Lease asset	(126,188)	(110,215)
Branch offset	(19,507)	(23,822)
Other liabilities	(26,730)	(15,340)
Total gross deferred tax liabilities	(358,406)	(365,510)
Net deferred tax assets (liabilities)	$ 280,941	$ (16,522)

INCOME TAXES - Schedule of Net

INCOME TAXES - Schedule of Net Deferred Tax Assets (Liabilities) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023
Valuation Allowance [Line Items]
Deferred income taxes - assets	$ 660,833	$ 430,339
Deferred income taxes - liabilities	(371,865)	(446,861)
Net deferred tax assets (liabilities)	280,941	(16,522)
Held-for Sale [Member]
Valuation Allowance [Line Items]
Deferred income taxes - assets	660,833	430,339
Deferred income taxes - liabilities	(371,865)	(446,861)
Net deferred tax assets classified as held for sale	(8,027)	0
Net deferred tax assets (liabilities)	$ 280,941	$ (16,522)

INCOME TAXES - Schedule of Aggr

INCOME TAXES - Schedule of Aggregate Changes to The Liability for Unrecognized Tax Benefits, Excluding Interest and Penalties (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Income Tax Disclosure [Abstract]
Beginning balance	$ 50,862	$ 38,917	$ 38,452
Acquisitions	0	31	0
Gross increases	9,524	19,531	9,832
Gross decreases	(8,771)	(343)	(1,189)
Lapse of statute of limitations	(9,493)	(7,805)	(6,054)
Translation adjustments	(163)	531	(2,124)
Settlements	(365)	0	0
Ending balance	$ 41,594	$ 50,862	$ 38,917

REVENUE - Summary of Company's

REVENUE - Summary of Company's Revenue Disaggregated by Primary Revenue (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenue	$ 7,110,982,000	$ 5,490,777,000	$ 5,007,603,000
Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,985,103,000	1,815,880,000	1,332,335,000
Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,528,759,000	2,173,399,000	2,192,289,000
Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,687,597,000	1,544,441,000	1,512,150,000
Eliminations [Member]
Disaggregation of Revenue [Line Items]
Revenue	(90,477,000)	(42,943,000)	(29,171,000)
Eliminations [Member] | Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Eliminations [Member] | Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Eliminations [Member] | Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Media Rights [Member] | Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,990,192,000	1,367,666,000	1,051,469,000
Media Rights [Member] | Reportable Subsegments [Member] | Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,590,746,000	981,694,000	674,043,000
Media Rights [Member] | Reportable Subsegments [Member] | Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	399,446,000	385,972,000	377,426,000
Media Rights [Member] | Reportable Subsegments [Member] | Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Technology Platforms and Services [Member] | Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	49,063,000	56,880,000	82,026,000
Technology Platforms and Services [Member] | Reportable Subsegments [Member] | Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Technology Platforms and Services [Member] | Reportable Subsegments [Member] | Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	49,063,000	56,880,000	82,026,000
Technology Platforms and Services [Member] | Reportable Subsegments [Member] | Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Media Production, Distribution and Content [Member] | Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	656,228,000	620,479,000	536,330,000
Media Production, Distribution and Content [Member] | Reportable Subsegments [Member] | Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	18,267,000	4,816,000	6,113,000
Media Production, Distribution and Content [Member] | Reportable Subsegments [Member] | Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	292,149,000	297,456,000	241,740,000
Media Production, Distribution and Content [Member] | Reportable Subsegments [Member] | Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	345,812,000	318,207,000	288,477,000
Events and Performance [Member] | Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	2,998,090,000	2,177,440,000	2,089,643,000
Events and Performance [Member] | Reportable Subsegments [Member] | Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,209,989,000	744,349,000	598,546,000
Events and Performance [Member] | Reportable Subsegments [Member] | Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,788,101,000	1,433,091,000	1,491,097,000
Events and Performance [Member] | Reportable Subsegments [Member] | Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Talent Representation and Licensing [Member] | Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,191,191,000	970,049,000	954,064,000
Talent Representation and Licensing [Member] | Reportable Subsegments [Member] | Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	166,101,000	85,021,000	53,633,000
Talent Representation and Licensing [Member] | Reportable Subsegments [Member] | Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Talent Representation and Licensing [Member] | Reportable Subsegments [Member] | Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,025,090,000	885,028,000	900,431,000
Marketing [Member] | Reportable Subsegments [Member]
Disaggregation of Revenue [Line Items]
Revenue	316,695,000	341,206,000	323,242,000
Marketing [Member] | Reportable Subsegments [Member] | Owned Sports Properties [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Marketing [Member] | Reportable Subsegments [Member] | Events, Experiences & Rights [Member]
Disaggregation of Revenue [Line Items]
Revenue	0	0	0
Marketing [Member] | Reportable Subsegments [Member] | Representation [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 316,695,000	$ 341,206,000	$ 323,242,000

REVENUE - Additional Informatio

REVENUE - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Disaggregation of Revenue [Line Items]
Revenues	$ 56,500	$ 49,900	$ 53,700
(Loss) income from discontinued operations	(820,805)	$ 16,679	$ 20,858
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Disaggregation of Revenue [Line Items]
(Loss) income from discontinued operations	143,700
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Disaggregation of Revenue [Line Items]
(Loss) income from discontinued operations	140,800
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Disaggregation of Revenue [Line Items]
(Loss) income from discontinued operations	7,400
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Disaggregation of Revenue [Line Items]
(Loss) income from discontinued operations	5,900
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-01-01
Disaggregation of Revenue [Line Items]
(Loss) income from discontinued operations	3,100
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2030-01-01
Disaggregation of Revenue [Line Items]
(Loss) income from discontinued operations	$ 4,800

REVENUE - Summary of Transactio

REVENUE - Summary of Transaction Price Related to These Future Obligation (Detail) $ in Thousands	Dec. 31, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 9,174,807
2025
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	2,957,222
2026
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	1,878,570
2027
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	1,499,265
2028
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	1,373,192
2029
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	1,035,811
Thereafter
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 430,747

REVENUE - Summary of Company'_2

REVENUE - Summary of Company's Contract Liabilities (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2024 USD ($)
Contract with Customer, Liability [Abstract]
Beginning Balance	$ 802,344
Additions	2,923,129
Deductions	(3,181,306)
Acquisitions	43,595
Divestitures/ Liabilities Held for Sale	(44,799)
Foreign Exchange	(8,339)
Ending Balance	534,624
Beginning Balance	18,914
Additions	42,536
Deductions	(3,084)
Acquisitions	0
Divestitures/ Liabilities Held for Sale	(1,607)
Foreign Exchange	(316)
Ending Balance	$ 56,443

SEGMENT INFORMATION (Additional

SEGMENT INFORMATION (Additional Information) (Detail)	12 Months Ended
	Dec. 31, 2024 Segment
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]
Number of reportable segments	3
Segment Reporting, CODM, Profit (Loss) Measure, How Used, Description	The profitability measure employed by the Company’s chief operating decision maker ("CODM"), which is the Chief Executive Officer, for allocating resources and assessing operating performance is Adjusted EBITDA. EBITDA is generally adjusted for equity-based compensation; merger, acquisition and earn-out costs; certain legal costs and settlements; restructuring, severance and impairment charges; certain non-cash fair value adjustments, certain equity earnings (losses), net gains on sales of businesses, TRA liability adjustments and certain other items, including gains/losses on business divestitures. The CODM uses Adjusted EBITDA for each segment in the annual budget and forecasting process. The CODM considers budget-to-actual and actual-to-actual variances monthly when making decisions about the allocation of operating and capital resources to each segment.
Segment Reporting, CODM, Individual Title and Position or Group Name [Extensible Enumeration]	Chief Executive Officer [Member]

SEGMENT INFORMATION - Schedule

SEGMENT INFORMATION - Schedule of Revenue (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenue, Major Customer [Line Items]
Revenues	$ 7,110,982,000	$ 5,490,777,000	$ 5,007,603,000
Owned Sports Properties [Member]
Revenue, Major Customer [Line Items]
Revenues	2,985,103,000	1,815,880,000	1,332,335,000
Representation [Member]
Revenue, Major Customer [Line Items]
Revenues	1,687,597,000	1,544,441,000	1,512,150,000
Operating Segments [Member] | Owned Sports Properties [Member]
Revenue, Major Customer [Line Items]
Revenues	2,985,103,000	1,815,880,000	1,332,335,000
Operating Segments [Member] | Events Experiences & Rights [Member]
Revenue, Major Customer [Line Items]
Revenues	2,528,759,000	2,173,399,000	2,192,289,000
Operating Segments [Member] | Representation [Member]
Revenue, Major Customer [Line Items]
Revenues	1,687,597,000	1,544,441,000	1,512,150,000
Eliminations [Member]
Revenue, Major Customer [Line Items]
Revenues	$ (90,477,000)	$ (42,943,000)	$ (29,171,000)

SEGMENT INFORMATION - Schedule

SEGMENT INFORMATION - Schedule of Reconciliation of Segment Profitability (Detail) - USD ($) $ in Thousands	1 Months Ended	12 Months Ended
	Oct. 31, 2024	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Depreciation and amortization		$ (539,052)	$ (310,204)	$ (248,732)
Equity-based compensation expense		(214,686)	(254,028)	(209,380)
Legal settlement	$ (125,000)
Tax receivable agreement liability adjustment		(12,591)	40,635	(873,264)
(Loss) income from continuing operations before income taxes and equity losses of affiliates		(570,322)	781,648	(124,094)
Operating Segments [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA		1,315,968	1,140,461	1,106,898
Equity losses of affiliates		1,529	9,905	5,038
Interest expense, net		(407,792)	(346,237)	(282,350)
Depreciation and amortization		(539,052)	(310,204)	(248,732)
Equity-based compensation expense		(214,686)	(254,028)	(209,380)
Merger, acquisition and earn-out costs		(128,659)	(105,463)	(59,676)
Certain legal costs		(27,465)	(41,067)	(14,274)
Legal settlement		(375,000)	0	0
Restructuring, severance and impairment charges		(147,778)	(125,610)	(13,258)
Fair value adjustment - equity investments		4,218	985	12,029
Net gain on sale of the restricted Endeavor Content business		0	0	463,641
Net gain on sale of the Academy business		0	736,978	0
Tax receivable agreement liability adjustment		(12,591)	40,635	(873,264)
Other		(39,014)	35,293	(10,766)
Operating Segments [Member] | Owned Sports Properties [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA		1,274,518	827,024	648,158
Operating Segments [Member] | Events, Experiences & Rights [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA		(29,782)	228,140	294,818
Operating Segments [Member] | Representation [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA		405,684	391,114	469,757
Operating Segments [Member] | Corporate and Other [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA		$ (334,452)	$ (305,817)	$ (305,835)

SEGMENT INFORMATION - Schedul_2

SEGMENT INFORMATION - Schedule of Segment Adjusted EBITDA Including Expense Categories (Detail) - USD ($)		12 Months Ended
		Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Segment Reporting Information [Line Items]
Revenue		$ 7,110,982,000	$ 5,490,777,000	$ 5,007,603,000
Selling, general and administrative expenses		3,351,405,000	2,590,173,000	2,277,106,000
Owned Sports Properties [Member]
Segment Reporting Information [Line Items]
Revenue		2,985,103,000	1,815,880,000	1,332,335,000
Representation [Member]
Segment Reporting Information [Line Items]
Revenue		1,687,597,000	1,544,441,000	1,512,150,000
Operating Segments [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA		1,315,968,000	1,140,461,000	1,106,898,000
Operating Segments [Member] | Owned Sports Properties [Member]
Segment Reporting Information [Line Items]
Revenue		2,985,103,000	1,815,880,000	1,332,335,000
Direct operating costs		998,184,000	606,887,000	433,808,000
Selling, general and administrative expenses		711,509,000	381,617,000	247,744,000
Other segment items	[1]	892,000	352,000	2,625,000
Adjusted EBITDA		1,274,518,000	827,024,000	648,158,000
Operating Segments [Member] | Events Experiences & Rights [Member]
Segment Reporting Information [Line Items]
Revenue		2,528,759,000	2,173,399,000	2,192,289,000
Direct operating costs		1,984,607,000	1,340,873,000	1,269,610,000
Selling, general and administrative expenses		579,487,000	615,325,000	638,229,000
Other segment items	[1]	(5,553,000)	(10,939,000)	(10,368,000)
Adjusted EBITDA		(29,782,000)	228,140,000	294,818,000
Operating Segments [Member] | Representation [Member]
Segment Reporting Information [Line Items]
Revenue		1,687,597,000	1,544,441,000	1,512,150,000
Direct operating costs		342,209,000	296,765,000	251,863,000
Selling, general and administrative expenses		939,777,000	855,451,000	790,032,000
Other segment items	[1]	(73,000)	1,111,000	498,000
Adjusted EBITDA		$ 405,684,000	$ 391,114,000	$ 469,757,000
[1] Other segment items primarily relate to (i) equity earnings (losses) from affiliates for the years ended December 31, 2024, 2023 and 2022 and (ii) insurance recoveries for the year ended December 31, 2022.

SEGMENT INFORMATION - Schedul_3

SEGMENT INFORMATION - Schedule of Revenue by Geographic Area (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 7,110,982,000	$ 5,490,777,000	$ 5,007,603,000
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	5,311,943,000	4,288,332,000	3,937,725,000
United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	990,385,000	926,573,000	840,715,000
Rest of World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Revenue	$ 808,654,000	$ 275,872,000	$ 229,163,000

SEGMENT INFORMATION - Schedul_4

SEGMENT INFORMATION - Schedule of Long-lived Assets by Geographic Area (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived Asset	$ 786,257	$ 914,645
United States [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived Asset	712,179	827,330
United Kingdom [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived Asset	52,091	66,357
Rest of World [Member]
Revenues from External Customers and Long-Lived Assets [Line Items]
Long lived Asset	$ 21,987	$ 20,958

LEASES - Additional Information

LEASES - Additional Information (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Lessee, Lease, Description [Line Items]
Operating Lease Cost	$ 94,300	$ 85,200	$ 79,600
Financing Lease Cost	43,200	11,400
Finance Lease, Depreciation and Amortization	23,000	5,400
Finance Lease, Interest Expense	20,200	$ 6,000
2025	93,705
2026	88,878
2027	78,980
2028	52,281
2029	39,882
Thereafter	211,341
Imputed interest	134,119
Previously Reported [Member]
Lessee, Lease, Description [Line Items]
2025	2,400
2026	2,100
2027	1,800
2028	1,000
2029	1,100
Thereafter	800
Imputed interest	$ 1,300
Maximum [Member]
Lessee, Lease, Description [Line Items]
Operating Lease Terms	26 years
Financing Lease Terms	27 years
Minimum [Member]
Lessee, Lease, Description [Line Items]
Operating Lease Terms	1 year
Financing Lease Terms	1 year

LEASES - Summary of Company Ope

LEASES - Summary of Company Operations (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Leases [Abstract]
Operating Leases, Cash paid for amounts included in the measurement of operating lease liabilities	$ 97,789	$ 90,340	$ 85,967
Operating Leases, Right-of-use assets obtained in exchange for operating lease obligations	148,691	31,956	28,211
Finance Leases, Cash paid for amounts included in the measurement of finance lease liabilities	35,241	5,883	0
Finance Leases, Right-of-use assets obtained in exchange for new finance lease obligations	$ 5,040	$ 257,359	$ 0
Operating Leases, Weighted average remaining lease term (in years)	8 years	5 years 3 months 18 days
Operating Leases, Weighted average discount rate	6.80%	6.80%
Finance Leases, Weighted average remaining lease term (in years)	21 years 4 months 24 days	25 years 2 months 12 days
Finance Leases, Weighted average discount rate	8.30%	8.10%

LEASES - Summary of Undiscounte

LEASES - Summary of Undiscounted Cash Flows For The Leases (Detail) - USD ($) $ in Thousands	Dec. 31, 2024	Dec. 31, 2023
Leases [Abstract]
2025	$ 93,705
2026	88,878
2027	78,980
2028	52,281
2029	39,882
Thereafter	211,341
Total future minimum lease payments	565,067
Less: imputed interest	(134,119)
Present value of future minimum lease payments	430,948
Less: held for sale leases	(5,659)
Less: current portion of operating and finance lease liabilities	(65,842)	$ (73,899)
Long-term operating and finance lease liabilities	359,447	$ 279,042
2025	33,437
2026	38,021
2027	24,874
2028	18,209
2029	18,209
Thereafter	447,746
Total future minimum lease payments	580,496
Less: imputed interest	$ (328,955)
Finance Lease, Liability, Statement of Financial Position [Extensible Enumeration]	Liabilities
Present value of future minimum lease payments	$ 251,541
Less: held for sale leases	$ 0
Finance Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Liabilities, Current
Less: current portion of operating and finance lease liabilities	$ (15,582)
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Liabilities
Long-term operating and finance lease liabilities	$ 235,959

COMMITMENTS AND CONTINGENCIES -

COMMITMENTS AND CONTINGENCIES - Summary of the Companies Annual Commitments Under Certain Guaranteed Agreements (Details) - Purchase Or Guarantee Agreements [Member] $ in Thousands	Dec. 31, 2024 USD ($)
Registration Payment Arrangement [Line Items]
Purchase Obligation, to be Paid, Year One	$ 593,421
Purchase Obligation, to be Paid, Year Two and Three	1,077,120
Purchase Obligation, to be Paid, Year Four and Five	592,370
Purchase Obligation, to be Paid, after Year Five	210,305
Purchase Obligation, Total	$ 2,473,216

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES - Additional Information (Detail) $ in Thousands, € in Millions

1 Months Ended

3 Months Ended

4 Months Ended

12 Months Ended

Oct. 23, 2024 Count

May 08, 2024

Feb. 28, 2025 USD ($)

Oct. 31, 2024 USD ($)

Sep. 30, 2024 USD ($)

Dec. 31, 2022 EUR (€) Count

Dec. 31, 2020 EUR (€) Count

Jul. 31, 2019 EUR (€) Count

May 31, 2019 EUR (€)

Jun. 30, 2025 USD ($)

Dec. 31, 2022 EUR (€) Count

Mar. 31, 2015 Count

Dec. 31, 2024 USD ($)

Dec. 31, 2023 USD ($)

Dec. 31, 2022 USD ($)

Loss contingency, damages awarded percentage

10%

Selling, general and administrative expenses

$ 3,351,405

$ 2,590,173

$ 2,277,106

Legal settlement

$ (125,000)

Number of unnamed plaintiffs | Count

5

Ten Clubs

New claims filed, number | Count

10

Loss Contingency Damages Paid Value | €

€ 284.9

One Further Club

New claims filed, number | Count

1

Loss Contingency Accrual, Period Increase (Decrease), Total | €

€ 513.5

Loss Contingency Damages Paid Value | €

€ 326.9

Purchase Or Guarantee Agreements [Member]

Purchases/guarantees

2,473,216

Purchase Obligation, to be Paid, Year One

593,421

Purchase Obligation, to be Paid, Year Two and Three

1,077,120

Purchase Obligation, to be Paid, Year Four and Five

592,370

Purchase Obligation, to be Paid, after Year Five

210,305

Purchase Or Guarantee Agreements [Member] | Discontinued Operations [Member]

Purchases/guarantees

912,100

Purchase Obligation, to be Paid, Year One

231,700

Purchase Obligation, to be Paid, Year Two and Three

313,900

Purchase Obligation, to be Paid, Year Four and Five

225,900

Purchase Obligation, to be Paid, after Year Five

140,600

Zuffa [Member]

New claims filed, number | Count

5

TKO Operating Company, LLC [Member]

Settlement amount

$ 375,000

$ 375,000

Selling, general and administrative expenses

$ 375,000

TKO Operating Company, LLC [Member] | Forecast [Member]

Settlement amount

$ 125,000

Legal settlement

$ (125,000)

UFC Fighters [Member]

New claims filed, number | Count

11

Three Football Clubs [Member]

New claims filed, number | Count

3

Four Additional Football Club [Member]

New claims filed, number | Count

4

Original Plaintiffs [Member] | Four Clubs

Loss Contingency Damages Paid Value | €

€ 1,675

Breach of Competition Law [Member] | Italian Competition Authority [Member]

Loss contingency, loss in period | €

€ 0.3

Breach of Competition Law [Member] | Lega Nazionale [Member]

Loss contingency, damages sought, value | €

€ 1,750

Breach of Competition Law [Member] | Three Football Clubs [Member]

Loss contingency, damages sought, value | €

€ 554.6

Breach of Competition Law [Member] | Four Additional Football Club [Member]

Loss contingency, damages sought, value | €

€ 251.5

RELATED PARTY TRANSACTIONS - S

RELATED PARTY TRANSACTIONS - Schedule of Related Party Transactions (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Other current assets	$ 306,665,000	$ 424,542,000
Investments	400,984,000	394,179,000
Deferred revenue	534,624,000	802,344,000
Other current liabilities	67,594,000	97,190,000
Current liabilities of discontinued operations	189,906,000	199,276,000
Revenue	7,110,982,000	5,490,777,000	$ 5,007,603,000
Selling, general and administrative expenses	3,351,405,000	2,590,173,000	2,277,106,000
Loss from discontinued operations	(820,805,000)	16,679,000	20,858,000
Related party transactions [Member]
Related Party Transaction [Line Items]
Other current assets	16,086,000	11,837,000
Investments	3,907,000	3,322,000
Other assets	30,000,000	33,454,000
Deferred revenue	2,122,000	1,446,000
Other current liabilities	1,722,000	3,347,000
Current liabilities of discontinued operations	4,513,000	0
Revenue	80,295,000	57,441,000	45,341,000
Direct operating costs	12,555,000	16,838,000	12,595,000
Selling, general and administrative expenses	11,760,000	7,575,000	16,614,000
Other (expense) income, net	0	(5,254,000)	(6,806,000)
Loss from discontinued operations	$ (18,888,000)	$ (9,144,000)	$ (5,398,000)

RELATED PARTY TRANSACTIONS - A

RELATED PARTY TRANSACTIONS - Additional Information (Detail) - USD ($)	1 Months Ended			4 Months Ended	12 Months Ended
	Apr. 30, 2024	Nov. 30, 2023	Dec. 31, 2022	Dec. 31, 2023	Dec. 31, 2024	Dec. 31, 2023	Dec. 31, 2022	Oct. 31, 2024	Jun. 30, 2023
Revenue					$ 7,110,982,000	$ 5,490,777,000	$ 5,007,603,000
Current liabilities of discontinued operations				$ 199,276,000	189,906,000	199,276,000
Percentage of realized tax benefits payable pursuant to an agreement			15%
Euroleague [Member]
Direct operating costs					11,700,000	9,300,000	7,000,000
Other receivables				7,700,000	10,900,000	7,700,000
Other liabilities				300,000	500,000	300,000
Current liabilities of discontinued operations				0	4,500,000	0
Raine group
Business acquisition transaction costs					5,500,000	7,000,000	26,300,000
Investment in non marketable fund					800,000	1,200,000	2,100,000
Vincent K McMahon
Acquisition related liabilities owed to certain counterparties					3,500,000
Acquisition related liabilities paid					1,500,000	5,500,000
Probable future payments						3,500,000
Vincent K McMahon | TKO [Member]
Reimbursed costs					6,400,000	5,800,000
Fifth Season [Member]
Revenue					20,600,000	8,700,000
Direct operating costs					0	6,400,000
Other receivables				1,000,000	1,900,000	1,000,000
Proceeds from interest received					2,200,000	1,200,000
Other liabilities				1,200,000	200,000	1,200,000
Company provided loan									$ 30,000,000
Related party transactions [Member]
Revenue					80,295,000	57,441,000	45,341,000
Direct operating costs					12,555,000	16,838,000	12,595,000
Current liabilities of discontinued operations				0	4,513,000	0
Production Services [Member] | Euroleague [Member]
Revenue					12,800,000	11,900,000	10,300,000
Management Services [Member] | Euroleague [Member]
Revenue					$ 10,200,000	9,400,000	$ 7,900,000
Wwes Global Headquarters Lease [Member] | Vincent K McMahon
Probable future payments						3,500,000
Tax Receivable Agreement [Member]
Percentage of realized tax benefits payable pursuant to an agreement					85%
Tax liability pursuant to an agreement				990,500,000	$ 881,500,000	990,500,000
Tax Receivable Agreement [Member] | Related party transactions [Member]
Tax liability pursuant to an agreement				$ 362,800,000	303,100,000	$ 362,800,000
Common Class A [Member]
Share price	$ 0.06
Number of shares purchase						9,109,376
Common Class A [Member] | TKO [Member]
Share price	$ 89.01
Number of shares purchase	1,853,724	1,308,729		1,308,729
Stock repurchase program, authorized amount	$ 165,000,000	$ 100,000,000			$ 100,000,000			$ 2,000,000,000
Common Class A [Member] | Endeavor Group Holdings [Member]
Share price	$ 89.01
Number of shares purchase	1,642,970
Stock repurchase program, authorized amount	$ 146,200,000

SUBSEQUENT EVENTS - Additional

SUBSEQUENT EVENTS - Additional Information (Detail) - USD ($) $ in Thousands	1 Months Ended				4 Months Ended	12 Months Ended
	Feb. 28, 2025	Jan. 31, 2025	Apr. 30, 2024	Nov. 30, 2023	Dec. 31, 2023	Dec. 31, 2023
Subsequent Event [Line Items]
Aggregate purchase price of shares						$ 200,000
Common Class A [Member]
Subsequent Event [Line Items]
Number of shares purchase						9,109,376
Margin Loan [Member] | Forecast [Member]
Subsequent Event [Line Items]
Maximum borrowing capacity	$ 400,000	$ 400,000
TKO [Member] | Common Class A [Member]
Subsequent Event [Line Items]
Number of shares purchase			1,853,724	1,308,729	1,308,729
TKO [Member] | Common Class A [Member] | Forecast [Member]
Subsequent Event [Line Items]
Number of shares purchase	1,897,650	1,897,650
Aggregate purchase price of shares	$ 300,900	$ 300,900