TKO (TKO) 10-K 27 Feb 24 2023 FY Annual report Financial data

Cover Page

Cover Page - USD ($)	12 Months Ended
	Dec. 31, 2023	Jan. 31, 2024	Jun. 30, 2023
Document Information [Line Items]
Document Type	10-K
Document Period End Date	Dec. 31, 2023
Document Annual Report	true
Current Fiscal Year End Date	--12-31
Document Transition Report	false
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Entity File Number	001-41797
Entity Registrant Name	TKO GROUP HOLDINGS, INC.
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	92-3569035
Entity Address, Address Line One	200 Fifth Ave, 7th Floor
Entity Address, City or Town	New York
Entity Address, State or Province	NY
Entity Address, Postal Zip Code	10010
City Area Code	646
Local Phone Number	558-8333
Title of 12(b) Security	Class A Common Stock, par value $0.00001 per share
Trading Symbol	TKO
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	No
Entity Voluntary Filers	No
ICFR Auditor Attestation Flag	false
Document Financial Statement Error Correction	false
Entity Shell Company	false
Entity Filer Category	Non-accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Central Index Key	0001973266
Amendment Flag	false
Entity Public Float			$ 0
Documents Incorporated by Reference	DOCUMENTS INCORPORATED BY REFERENCE None.
Auditor Firm ID	34
Auditor Name	Deloitte & Touche LLP
Auditor Location	New York, New York
Common Class A [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		82,321,595
Common Class B [Member]
Document Information [Line Items]
Entity Common Stock, Shares Outstanding		89,616,891

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 235,839	$ 180,574
Accounts receivable (net of allowance for doubtful accounts of $1,093 and $2.355, respectively)	135,436	45,448
Other current assets	121,155	42,278
Total current assets	492,430	268,300
Property, buildings and equipment, net	608,416	175,048
Intangible assets, net	3,563,663	475,765
Finance lease right-of-use assets, net	255,709
Operating lease right-of-use assets, net	35,508	23,276
Goodwill	7,666,485	2,602,639
Investments	16,392	5,416
Other assets	52,136	30,286
Total assets	12,690,739	3,580,730
Current liabilities:
Accounts payable	42,040	16,842
Accrued liabilities	267,363	108,189
Current portion of long-term debt	22,367	22,683
Current portion of finance lease liabilities	8,135
Current portion of operating lease liabilities	4,246	1,793
Deferred revenue	118,992	71,624
Other current liabilities	8,997	9,048
Total current liabilities	472,140	230,179
Long-term debt	2,713,948	2,736,315
Long-term finance lease liabilities	245,288
Long-term operating lease liabilities	32,911	22,594
Deferred tax liabilities	372,860
Other long-term liabilities	3,046	12,818
Total liabilities	3,840,193	3,001,906
Commitments and contingencies (Note 21)
Redeemable non-controlling interests	11,594	9,908
Shareholders'/Members' equity:
Members' capital		568,070
Additional paid-in capital	4,244,537
Accumulated other comprehensive (loss) income	(332)	846
Accumulated deficit	(135,227)
Total stockholders'/members' equity	4,108,980	568,916
Nonredeemable non-controlling interests	4,729,972
Total stockholders'/members' equity	8,838,952	568,916
Total liabilities, redeemable non-controlling interests and stockholders'/members' equity	12,690,739	$ 3,580,730
Common Class A [Member]
Shareholders'/Members' equity:
Common stock	1
Common Class B [Member]
Shareholders'/Members' equity:
Common stock	$ 1

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Net of allowance for doubtful accounts	$ 1,093	$ 2,355
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	82,292,902	0
Common Stock, shares outstanding	82,292,902	0
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	89,616,891	0
Common Stock, shares outstanding	89,616,891	0

Consolidated Statements of Oper

Consolidated Statements of Operations - USD ($)		12 Months Ended
		Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements of Operations [Abstract]
Revenue		$ 1,674,968,000	$ 1,140,147,000	$ 1,031,944,000
Operating expenses:
Direct operating costs		514,598,000	325,586,000	335,604,000
Selling, general and administrative expenses		549,091,000	210,142,000	241,953,000
Depreciation and amortization		164,616,000	60,032,000	63,250,000
Total operating expenses		1,228,305,000	595,760,000	640,807,000
Operating income		446,663,000	544,387,000	391,137,000
Other expenses:
Interest expense, net		(239,042,000)	(139,567,000)	(102,247,000)
Other (expense) income, net		(186,000)	(1,271,000)	504,000
Income before income taxes and equity losses of affiliates		207,435,000	403,549,000	289,394,000
Provision for income taxes		31,446,000	14,318,000	15,769,000
Income before equity losses of affiliates		175,989,000	389,231,000	273,625,000
Equity losses of affiliates, net of tax		266,000	209,000
Net income		175,722,864	389,022,000	273,625,000
Less: Net (loss) income attributable to non-controlling interests		(32,453,000)	1,747,000	1,285,000
Less: Net income attributable to TKO Operating Company, LLC prior to the Transactions		243,403,000	$ 387,275,000	$ 272,340,000
Net loss attributable to TKO Group Holdings, Inc.		$ (35,227,000)
Basic net loss per share	[1]	$ (0.43)
Diluted net loss per share	[1]	$ (0.43)
Weighted average common shares outstanding:
Basic		82,808,019
Diluted		82,808,019
[1] Basic and diluted net loss per share of Class A common stock is applicable only for the period from September 12, 2023 through December 31, 2023, which is the period following the Transactions (as defined in Note 1 to the audited consolidated financial statements). See Note 12 for the calculation of the number of shares used in computation of net loss per share of Class A common stock and the basis for computation of net loss per share.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive (Loss) Income - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Consolidated Statements of Comprehensive (Loss) Income [Abstract]
Net income	$ 175,722,864	$ 389,022,000	$ 273,625,000
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustments	(851,000)	(1,192,000)	227,000
Cash flow hedges:
Change in net unrealized (losses) gains	(279,000)	4,866,000	2,498,000
Amortization of cash flow hedge fair value to net income	(304,000)	(304,000)	(304,000)
Total comprehensive income, net of tax	174,289,000	392,392,000	276,046,000
Less: Comprehensive (loss) income attributable to non-controlling interests	(32,453,000)	1,747,000	1,285,000
Less: Comprehensive income attributable to TKO Operating Company, LLC prior to the Transactions	242,064,000	$ 390,645,000	$ 274,761,000
Comprehensive loss attributable to TKO Group Holdings, Inc.	$ (35,322,000)

Consolidated Statements of Stoc

Consolidated Statements of Stockholders’/Members’ Equity - USD ($) shares in Thousands, $ in Thousands	Common Class A [Member] Common Stock [Member]	Common Class B [Member] Common Stock [Member]	Members Capital [Member]	Additional Paid-in Capital [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Accumulated Deficit [Member]	Total TKO Group Holdings, Inc. [Member]	Nonredeemable Non-Controlling Interest [Member]	Total
Balance at Dec. 31, 2020			$ 1,119,562		$ (4,945)		$ 1,114,617		$ 1,114,617
Comprehensive income			272,340		2,421		274,761		274,761
Accretion of redeemable non-controlling interests			1,285				1,285		1,285
Distributions to members			(270,339)				(270,339)		(270,339)
Contributions from members			35,244				35,244		35,244
Equity-based compensation			40,236				40,236		40,236
Proceeds from warrant exercise			53,088				53,088		53,088
Balance at Dec. 31, 2021			1,251,416		(2,524)		1,248,892		1,248,892
Comprehensive income			387,275		3,370		390,645		390,645
Accretion of redeemable non-controlling interests			1,539				1,539		1,539
Distributions to members			(1,095,904)				(1,095,904)		(1,095,904)
Contributions from members			23,744				23,744		23,744
Balance at Dec. 31, 2022			568,070		846		568,916		568,916
Comprehensive income									242,064
Comprehensive income (loss) prior to reorganization and acquisition			243,403		(1,339)		242,064		242,064
Distributions to members prior to reorganization and acquisition			(259,898)				(259,898)		(259,898)
Contributions from members prior to reorganization and acquisition			15,243				15,243		15,243
Effects of reorganization and acquisition	$ 1	$ 1	$ (566,818)	$ 4,166,883	256		3,600,323	$ 4,815,501	8,415,824
Effects of reorganization and acquisition, Shares	83,161	89,617
Comprehensive (loss) income subsequent to reorganization and acquisition					(95)	$ (35,227)	(35,322)	(34,139)	(69,461)
Distributions to members								(36,689)	(36,689)
Contributions from members								3,395	3,395
Equity impacts of deferred taxes arising from changes in ownership				2,038			2,038		2,038
Stock issuances and other, net				16			16		16
Stock issuances and other, net, shares	265
Repurchased of Class A common stock						(100,000)	(100,000)		(100,000)
Repurchased of Class A common stock, Shares	(1,309)
Conversions of convertible debt				4,226			4,226		4,226
Conversions of convertible debt, Shares	176
Equity-based compensation				38,471			38,471		38,471
Principal stockholder contributions				14,807			14,807		14,807
Equity reallocation between controlling and non-controlling interests				18,096			18,096	(18,096)
Balance, Shares at Dec. 31, 2023	82,293	89,617
Balance at Dec. 31, 2023	$ 1	$ 1		$ 4,244,537	$ (332)	$ (135,227)	$ 4,108,980	$ 4,729,972	$ 8,838,952

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 175,722,864	$ 389,022,000	$ 273,625,000
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	164,616,000	60,032,000	63,250,000
Amortization and impairments of content costs	23,798,000	14,535,000	9,910,000
Amortization and write-off of original issue discount and deferred financing costs	10,589,000	10,635,000	8,585,000
Equity-based compensation	57,109,000	23,744,000	63,855,000
Income taxes	6,831,000	2,334,000	(2,368,000)
Equity losses of affiliates	266,000	209,000
Loss on extinguishment of debt			1,249,000
Net provision for allowance for doubtful accounts	188,000	3,288,000	(841,000)
Change in equity investment fair value			(889,000)
Other, net	1,328,000	3,000	(43,000)
Changes in operating assets and liabilities, net of acquisition:
Accounts receivable	15,066,000	(26,404,000)	4,396,000
Other current assets	11,596,000	9,979,000	(16,119,000)
Other noncurrent assets	(17,082,000)	(16,786,000)	(16,689,000)
Accounts payable and accrued liabilities	38,188,000	19,657,000	25,985,000
Deferred revenue	(17,209,000)	10,731,000	29,541,000
Other liabilities	(2,626,000)	744,000	(2,212,000)
Net cash provided by operating activities	468,381,000	501,723,000	441,235,000
CASH FLOWS FROM INVESTING ACTIVITIES:
Purchases of property, buildings and equipment and other assets	(48,633,000)	(12,404,000)	(11,131,000)
Investments in affiliates, net	765,000	(875,000)	(499,000)
Cash acquired from WWE	381,153,000
Payment of deferred consideration in the form of a dividend to former WWE shareholders	(321,006,000)
Other, net		15,000	150,000
Net cash provided by (used in) investing activities	12,279,000	(13,264,000)	(11,480,000)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from borrowings	100,000,000		594,300,000
Repayment of long-term debt	(133,406,000)	(82,600,000)	(207,897,000)
Repurchase of Class A common stock	(100,000,000)
Redemption of profit units		(2,877,000)	(2,877,000)
Payments for financing costs	(286,000)		(5,028,000)
Proceeds from warrant exercise			53,088,000
Distributions to members	(296,587,000)	(1,095,904,000)	(269,079,000)
Proceeds from principal stockholder contributions	5,807,000
Net cash (used in) provided by financing activities	(424,472,000)	(1,181,381,000)	162,507,000
Effects of exchange rate movements on cash	(923,000)	(1,192,000)	227,000
NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS	55,265,000	(694,114,000)	592,489,000
CASH AND CASH EQUIVALENTS, BEGINNING OF PERIOD	180,574,000	874,688,000	282,199,000
CASH AND CASH EQUIVALENTS, END OF PERIOD	235,839,000	180,574,000	874,688,000
Supplemental Cash Flow Information [Abstract]
Cash paid for interest	226,503,000	118,315,000	84,154,000
Cash payments for income taxes	23,202,000	14,794,000	18,579,000
NON-CASH INVESTING AND FINANCING TRANSACTIONS:
Purchases of property and equipment recorded in accounts expenses and accounts payable	22,796,000	3,759,000	1,686,000
Acquisition on WWE, net of deferred consideration	8,111,055,000
Accretion of redeemable non-controlling interests		(1,539,000)	(1,285,000)
Capital contribution from parent for equity-based compensation	18,638,000	$ 23,744,000	$ 35,244,000
Principal stockholder contributions	9,000,000
Convertible notes exchanged for common stock	$ 4,226,000

DESCRIPTION OF BUSINESS

DESCRIPTION OF BUSINESS	12 Months Ended
	Dec. 31, 2023
DESCRIPTION OF BUSINESS [Abstract]
DESCRIPTION OF BUSINESS	1. DESCRIPTIO N OF BUSINESS TKO Group Holdings, Inc. (the “Company” or “TKO”) was incorporated as a Delaware corporation in March 2023, under the name New Whale Inc., and was formed for the purpose of facilitating the business combination of the Ultimate Fighting Championship (“UFC”) and World Wrestling Entertainment, LLC (f/k/a World Wrestling Entertainment, Inc.) (“WWE”) businesses under TKO Operating Company, LLC (f/k/a Zuffa Parent, LLC) (“Zuffa” or “TKO OpCo”), which owns and operates the UFC and WWE businesses (the “Transactions”), as contemplated within the Transaction Agreement, dated as of April 2, 2023, by and among Endeavor Group Holdings, Inc. (“Endeavor” or “EGH”), Endeavor Operating Company, LLC, TKO OpCo, WWE, TKO, and Whale Merger Sub Inc. (the “Transaction Agreement”). On September 12, 2023, the Transactions were completed with the newly-formed TKO combining the UFC and WWE businesses. See Note 4, Acquisition of WWE , for further details. Under the terms of the Transaction Agreement, (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 in the operating subsidiary on a fully diluted basis, TKO OpCo, which owns all of the assets of the UFC and WWE businesses, 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. TKO OpCo is the accounting acquirer and predecessor to TKO. Financial results and information included in the accompanying consolidated financial statements include (1) prior to the consummation of the Transactions, financial results and information of Zuffa and its consolidated subsidiaries, which includes UFC and its subsidiaries, and (2) after the consummation of the Transactions, financial results and information of TKO Group Holdings, Inc., and its consolidated subsidiaries, which includes UFC and WWE and their respective subsidiaries. Unless the context suggests otherwise, references to the “Company” or “TKO” refer to Zuffa and its consolidated subsidiaries prior to the consummation of the Transactions and to TKO Group Holdings, Inc. and its consolidated subsidiaries after the consummation of the Transactions. TKO is a premium sports and entertainment company which operates leading combat sports and sports entertainment brands. The Company monetizes its media and content properties through four principal activities: Media rights and content, Live events, Sponsorship and Consumer products licensing.

SUMMARY OF SIGNIFICANT ACCOUNTI

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
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 information. 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 , 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. TKO is the sole managing member of TKO OpCo and maintains a controlling financial interest in TKO OpCo. As sole managing member, the Company operates and controls all of the business affairs of TKO OpCo. As a result, the Company is the primary beneficiary and thus consolidates the financial results of TKO OpCo and reports a non-controlling interest representing the economic interest in TKO OpCo held by the other members of TKO OpCo. As of December 31, 2023, the Company owned 47.9 % of TKO OpCo. 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 the Company’s reporting units and the assessment of goodwill, other intangible assets and long-lived assets for impairment, determination of useful lives of intangible assets and long-lived assets acquired, the fair value of equity-based compensation, leases, 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 Under ASC Topic 606, Revenue from Contracts with Customers (“ASC Topic 606”), our sales revenue is recognized when products are delivered or as services are performed. Revenue is recognized when control of the promised goods or services is transferred to our customers either at a point in time or over time, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. For contracts which have more than one performance obligation the total contract consideration is allocated based on management’s estimate of each performance obligation’s relative stand-alone selling price. Our pay-per-view programming revenue and consumer product licensing revenue include variable consideration in the form of sales or usage-based royalties. The variability related to these sales or usage-based royalties will be resolved in the periods when the licensee generates sales related to the intellectual property license. Our payment terms vary by the type of products or services offered, and are generally subject to contractual payment terms, which may include advance payment requirements. The time between invoicing and when payment is due is not significant. Our contracts with customers do not result in significant obligations associated with returns, refunds or warranties. Our revenues do not include material amounts of variable consideration other than the sales or usage based royalties earned related to our consumer product licensing and certain media rights and content contracts which are subject to contractual payment terms. The following are the primary sources of revenue earned by the Company: Media Rights and Content Broadcast rights fees received from distributors of the Company’s live event and television programming, both domestically and internationally, are recorded when the live event or program has been delivered and is available for distribution. Certain of the Company’s media rights are typically sold in multi-year arrangements and are generally comprised of multiple performance obligations that involve the allocation of transaction price based on the relative stand-alone selling price of each performance obligation. The Company uses its estimate of stand-alone selling price to allocate transaction price. Any advance payments received from customers are deferred upon collection and recognized into revenue as content is delivered. Revenue from the Company’s pay-per-view programming is recognized when the event is aired and, for those contracts with variable fees, is based upon its initial estimate of the number of buys achieved. This initial estimate is based on preliminary buy information received from certain pay-per-view distributors and any adjustments to the estimated amounts are recorded when final information is received. Pay-per-view programming is distributed through cable, satellite, and digital providers to residential and commercial establishments. The Company’s customer is the cable, satellite, and certain digital providers on residential buys and the Company records its royalties earned on the sales of pay-per-view programming. For other residential buys through UFC-branded digital platforms, the Company’s customer is the end user, and the Company records the amount paid by the end customer. On commercial buys, the Company recognizes the amount paid by the establishment. The Company owns and operates its own over-the-top (“OTT”) platforms, UFC FIGHT PASS and WWE Network, that engage customers through a monthly subscription-based model. Access to UFC FIGHT PASS and WWE Network is provided to subscribers and revenue is recognized ratably over each paid monthly membership period. Revenue for UFC FIGHT PASS and WWE Network is deferred for subscriptions paid in advance until earned. The Company recognizes revenue for UFC FIGHT PASS and WWE Network gross of third-party distributor fees as the Company is the principal in the arrangement. Live Events Live event revenue consists of ticket and VIP package sales for events at third-party venues, each of which generally represents distinct performance obligations. The Company allocates the transaction price to all performance obligations contained within an event based on their relative stand-alone selling price. Revenue for ticket sales collected in advance of the event is recorded as deferred revenue until the event occurs. The Company recognizes revenue gross of third-party commissions and fees as the Company is the principal in the arrangement. Sponsorships Through our sponsorship packages, the Company offers our customers a full range of promotional vehicles, including arena and octagon signage, digital and broadcast content, on-air announcements, special appearances by fighters and talent as well as other forms of advertisement. The Company allocates the transaction price to all performance obligations contained within a sponsorship arrangement based upon their relative standalone selling price. Standalone selling prices are determined generally based on a rate card used to determine pricing for individual components. After allocating revenue to each performance obligation, the Company recognizes sponsorship revenue when the promotional services are delivered. Revenue is recognized gross of third-party commissions and fees as the Company is the principal in the arrangement. Our control is evidenced by our sole ability to monetize the sponsorship inventory and being primarily responsible to our customers. Consumer Products Licensing Revenue is derived from licensing the Company’s logos, trade names, trademarks and related symbolic intellectual property to third party manufacturers and distributors of branded merchandise. Revenue is recognized based on the Company’s estimates of sales that occurred with subsequent adjustments recognized upon receipt of a statement or other information from the customer. Many licensing agreements include minimum guarantees, which set forth the minimum royalty to be paid to the Company during a given contract year. The Company will recognize the minimum guarantee revenue ratably over its related royalty period until such point that it is more likely than not that the total revenue during the royalty period will exceed the minimum royalty. If during the royalty period, management determines that total revenue will exceed the minimum royalty, the revenue recognized during each reporting period will reflect royalties earned on the underlying product sales. Direct Operating Costs Direct operating costs primarily include third-party expenses associated with our athletes and talent, production, marketing, venue costs related to the Company’s live events, and commissions and direct costs with distributors, as well as certain service fees paid to Endeavor. Selling, General and Administrative Expenses Selling, general and administrative expenses primarily include personnel costs as well as rent, travel, professional service costs and other overhead required to support the Company’s operations and corporate structure, including certain service fees paid to Endeavor. 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.‌ 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 a significant portion relates to trade receivables for events from various distributors, who collect and remit payments to the Company from individual operators as well as large broadcast and cable television and streaming networks with whom the Company licenses content. Significant portions of trade receivables also relate to third party venues.‌ As of December 31, 2023, there were no customers that accounted for 10% or more of the Company’s accounts receivable. As of December 31, 2022, there were two customers who accounted for 10% or more of the Company’s accounts receivable. For the years ended December 31, 2023, 2022 and 2021, there was one customer who accounted for more than 10% of the Company’s revenue.‌ Derivative Instruments and Hedging Activities The Company uses interest rate swaps to manage exposure to the risk associated with interest rates on variable rate borrowings. The Company does not use derivatives for trading or speculative purposes. The Company recognizes derivative financial instruments at fair value as either assets or liabilities in the consolidated balance sheets. The accounting for changes in fair value (i.e., gains or losses) of the interest rate swap agreements depends on whether they have been designated and qualify as part of a hedging relationship and the type of hedging relationship. Changes in the fair value of derivative instruments accounted for as cash flow hedges are recorded as a component of accumulated other comprehensive income (loss) until the hedged item affects earnings. For derivatives not designated as cash flow hedges, changes in fair value are recognized in earnings. 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 third-party vendors in advance of events taking place, upfront contractual payments and prepayments on media and licensing rights fees and advances 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. 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 and equipment are as follows: Years 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 Company has elected the short-term lease exemption, whereby leases with initial terms of one year or less are not capitalized and instead expensed generally on a straight-line basis over the lease term. The Company has also elected to not separate lease components from non-lease components across all lease categories. Instead, each separate lease component and non-lease component are accounted for as a single lease component. The Company is primarily a lessee with a lease portfolio comprised mainly of real estate and equipment leases. 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. Operating lease costs are recognized on a straight-line basis over the lease term. For finance leases, the Company records 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. 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 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 consist primarily of trade names and customer 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:‌ Years Trademarks and trade names 2 - 26 years Customers relationships 2 - 22 years Internally developed technology 2 - 15 years Other 2 - 12 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.‌ 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 The Company incurs costs to produce and distribute film and television content, which are either monetized on a title-by-title basis or as a group through subscriptions from customers. These costs include development costs, direct costs of production as well as direct negative costs incurred in the physical production of the film. From time to time, the Company acquires films to distribute exclusively through its UFC Fight Pass subscription network. The Company also licenses films for distribution exclusively through its UFC Fight Pass subscription network. Content costs are included in other assets in the consolidated balance sheets. Depending on the predominant monetization strategy, content costs are amortized over the estimated period of ultimate revenue subject to an individual-film-forecast model or over the estimated usage of the film group. Such amortization is recorded in direct operating expenses in the consolidated statements of operations. The Company produces live sports and taped content, which represent content costs predominantly monetized on a title-by-title basis that has a limited life to sell in secondary markets. As such, the Company recognizes all of the revenue associated with film and television costs when the programs are delivered and made available for telecast in the initial market resulting in simultaneously expensing all of the related film and television costs. Costs incurred in acquiring, licensing, and producing content for distribution on UFC Fight Pass are predominantly monetized as a film group, and are amortized straight-line over the shorter of the license term or the estimated period of use, which is currently three years . These estimates are reviewed at the end of each reporting period and adjustments, if any, will result in changes to amortization rates. Unamortized content costs are also tested for impairment based on the predominant monetization strategy whenever there is an impairment indication, as a result of certain triggering events or changes in circumstances, whereby the fair value of the individual film and television content or collectively with others as a film group may be less than its unamortized costs. The impairment test compares the estimated fair value of the individual film and television content or collectively with others as a film group 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. No impairment charges were recognized during the years ended December 31, 2023, 2022 or 2021. 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 in the consolidated balance sheets until the Company receives the funds from the respective governmental jurisdiction. 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 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, accounts receivable, accounts payable and accrued liabilities 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 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 6 and Note 7). The resulting fair value measurements of the assets are considered to be Level 3 measurements.‌ 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 Incentive Awards 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 with forfeitures recognized as they occur. 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. See Note 13, Equity-Based Compensation , for further discussion of the Company’s equity-based compensation. Replacement Awards Pursuant to the Transaction Agreement, the Company 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”). 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. With regards to 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 with forfeitures recognized as they occur. RSUs have a service requirement and generally vest in equal annual installments over a three-year period. Unvested RSUs 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 RSUs. PSUs, which are subject to certain performance conditions and have a service requirement, generally vest in equal installments over a three-year period. Until such time as the performance conditions are met, stock compensation costs associated with these PSUs are re-measured each reporting period based upon the fair market value of the Company’s common stock and the estimated performance attainment on the reporting date. The ultimate number of PSUs that are issued to an employee is the result of the actual performance of the Company at the end of the performance period compared to the performance conditions. Compensation costs for PSUs are recognized using a graded-vesting attribution method over the vesting period based upon the probability that the performance conditions will be achieved, with forfeitures recognized as they occur. Unvested PSUs accrue dividend equivalents once the performance conditions are met at the same rate as are paid on shares of TKO Class A common stock. The dividend equivalents are subject to the same vesting schedule as the underlying PSUs. 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 (loss) available to holders of TKO Class A common stock by the weighted average number of shares outstanding for the period. Diluted EPS is calculated by dividing the net income (loss) available for holders of TKO Class A common stock 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 TKO Class A common stock issuable in exchange for redemption of certain non-controlling interests, outstanding convertible debt instruments, as well as under the Company’s share based compensation plans (if dilutive), with adjustments to net income (loss) available for common stockholders for dilutive potential common shares. Shares of the Company’s Class B common stock, par value $ 0.00001 per share (the “TKO Class B common stock”) do not share in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted earnings (loss) per share of TKO Class B common stock under the two-class method has not been presented. However, shares of TKO Class B common stock outstanding for the period are considered potentially dilutive shares of TKO Class A common st

RECENT ACCOUNTING PRONOUNCEMENT

RECENT ACCOUNTING PRONOUNCEMENTS	12 Months Ended
	Dec. 31, 2023
RECENT ACCOUNTING PRONOUNCEMENTS [Abstract]
RECENT ACCOUNTING PRONOUNCEMENTS	3. RECENT ACCOUNTING PRONOUNCEMENTS Recently Adopted Accounting Pronouncements In July 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2023-03, Presentation of Financial Statements (Topic 205), Income Statement—Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation—Stock Compensation (Topic 718) . This ASU amends or supersedes various SEC paragraphs within the FASB Accounting Standards Codification (“ASC”) to conform to past SEC announcements and guidance issued by the SEC. The Company adopted this guidance on July 1, 2023 with no material effect on the Company’s financial position or results of operations. In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method . This ASU clarifies the guidance in ASC 815 on fair value hedge accounting of interest rate risk for portfolios of financial assets, expanding the scope of this guidance to allow entities to apply the portfolio layer method to portfolios of all financial assets, including both prepayable and non-prepayable financial assets. The amendments in this update were effective for public entities for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The Company adopted this guidance on January 1, 2023 with no material effect on the Company’s financial position or results of operations. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . This ASU provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. Adoption of the expedients and exceptions was permitted upon issuance of this update through December 31, 2022. However, in December 2022, the FASB issued ASU 2022-06, Deferral of the Sunset Date of Topic 848, in order to defer the sunset date of ASC 848 until December 31, 2024. The Company adopted this guidance on April 1, 2023 with no material effect on the Company’s financial position or results of operations. 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 requires that a joint venture apply a new basis of accounting upon formation. The amendments in this update are effective prospectively for all joint venture formations with a formation date on or after January 1, 2025, with an option to apply the amendments retrospectively. Early adoption is permitted in any interim or annual period in which financial statements have not yet been issued. 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 ASC to incorporate certain disclosure requirements from SEC Release No. 33-10532, Disclosure Update and Simplification , which was issued in 2018. The effective date for each amendment will be the date on which the SEC's removal of that related disclosure from Regulation S-X or Regulation S-K becomes effective, with early adoption prohibited. If, by June 30, 2027, the SEC has not removed the applicable requirement from Regulation S-X or Regulation S-K, the pending content of the related amendment will be removed from the ASC and will not become effective. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. 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 are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The update should be applied retrospectively to all prior periods presented in the financial statements. 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 2023-09, 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) as well as income taxes paid disaggregated by jurisdiction. 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.

ACQUISITION OF WWE

ACQUISITION OF WWE	12 Months Ended
	Dec. 31, 2023
ACQUISITION OF WWE [Abstract]
ACQUISITION OF WWE	4. ACQUISITION OF WWE Transactions Overview On September 12, 2023 (the “Closing Date”), the transaction between EGH and WWE was completed with the newly-formed TKO combining the UFC and WWE businesses. Under the terms of the Transaction Agreement, (A) EGH and 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, 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 and SmackDown , premium live event programming, monetization across social media outlets, live events, and licensing of various WWE-themed products. The Transactions have been accounted for as a reverse acquisition of WWE using the acquisition method of accounting in accordance with the guidance of ASC 805, Business Combinations (“ASC 805”), with TKO OpCo, the legal acquiree, treated as the accounting acquirer. Based on this determination, the Company has allocated the preliminary purchase price to the fair value of WWE’s identifiable assets and liabilities as of the Closing Date, with the excess preliminary purchase price recorded as goodwill. The goodwill was assigned entirely to the WWE segment and is not deductible for tax purposes. The weighted average life of finite-lived intangible assets acquired is 20.3 years, which consisted of trademarks and trade names with a weighted average life of 25.0 years, customer relationships with a weighted average life of 11.3 years and other intangible assets with a weighted average life of 3.6 years. See Note 6, Goodwill and Intangible Assets , for the estimated annual amortization of intangible assets acquired in the Transactions for the next five years and thereafter. In connection with the Transactions, the Company incurred transaction costs of $ 83.8 million for the year ended December 31, 2023, respectively, which were expensed as incurred and included in selling, general and administrative expenses in the consolidated statements of operations. Consideration Transferred The fair value of the consideration transferred in the reverse acquisition was $ 8,432.1 million, which consisted of 83,161,123 shares of TKO Class A common stock valued at $ 8,061.8 million, Replacement Awards valued at $ 49.3 million and $ 321.0 million of deferred consideration which was paid on September 29, 2023 to former WWE shareholders in the form of a special dividend. Pursuant to the Transactions, awards of WWE RSUs and PSUs outstanding immediately prior to the completion of the Transactions were converted into awards of TKO RSUs or PSUs, as applicable, on the same terms and conditions as were applicable immediately prior to the Closing Date. The portion of the fair-value-based measure of the Replacement Awards that is attributable to pre-combination vesting is purchase consideration and is valued at approximately $ 49.3 million. Preliminary Allocation of Purchase Price The purchase price is allocated to the underlying WWE assets acquired and liabilities assumed based on their estimated fair values on the Closing Date, with any excess purchase price recorded as goodwill. Goodwill is primarily attributable to the synergies that are expected to arise as a result of the Transactions and other intangible assets that do not qualify for separate recognition. The purchase price allocation shown in the table below reflects preliminary fair value estimates, including measurement period adjustments, based on management analysis, including preliminary work performed by third-party valuation specialists (in thousands): Cash and cash equivalents $ 381,153 Accounts receivable 105,237 Other current assets 89,256 Property, buildings and equipment 398,004 Intangible assets Trademarks and trade names 2,188,200 Customer relationships 899,700 Other 128,300 Goodwill 5,063,774 Finance lease right of use assets 257,359 Operating lease right of use assets 12,337 Investments 12,007 Other assets 25,928 Deferred tax liabilities ( 379,508 ) Accounts payable and accrued liabilities ( 124,280 ) Current portion of long-term debt ( 16,934 ) Deferred revenue ( 54,190 ) Finance lease liabilities ( 255,940 ) Operating lease liabilities ( 12,224 ) Other long-term liabilities ( 2,527 ) Additional paid-in-capital (1) ( 283,591 ) Net assets acquired $ 8,432,061 (1) The additional paid-in-capital amount represents incremental goodwill related to deferred tax liabilities recorded at TKO’s parent company in connection with the acquisition of WWE. The estimated fair value of assets acquired and liabilities assumed are preliminary and subject to change as purchase price allocations are finalized, which is expected within one year of the Closing Date. The measurement period adjustments made subsequent to the Closing Date through December 31, 2023 primarily related to the valuation of customer relationships, deferred tax liabilities, leases and property, buildings and equipment. The effects of these adjustments on our consolidated statements of operations for the year ended December 31, 2023 were not material. The fair value of the nonredeemable non-controlling interest of $ 4,521.8 million was calculated as EGH’s initial 51.9 % ownership interest in TKO OpCo’s net assets. TKO OpCo’s net assets differ from TKO consolidated net assets primarily due to the net deferred tax liabilities for which the non-controlling interest does not have economic rights. Consolidated Statement of Operations for the period from September 12, 2023 through December 31, 2023 The following supplemental information presents the financial results of WWE operations included in the consolidated statement of operations for the period from September 12, 2023 through December 31, 2023 (in thousands): Revenue $ 382,767 Net loss $ ( 73,279 ) Supplemental Pro Forma Financial Information The following unaudited pro forma results of operations for the years ended December 31, 2023 and 2022, respectively, as if the Transactions had occurred as of January 1, 2022 (in thousands): Year Ended December 31, 2023 2022 Pro forma revenue $ 2,618,567 $ 2,431,670 Pro forma net income 241,526 60,611 The pro forma information includes the historical operating results of Zuffa and WWE prior to the Transactions, with adjustments directly attributable to the business combination. Pro forma adjustments have been made to reflect the adjustment of nonrecurring transaction costs of $ 271.1 million, of which $ 187.3 million was incurred by WWE prior to the Transactions. The remaining pro forma adjustments are primarily related to incremental intangible asset amortization to be incurred based on the fair values and useful lives of each identifiable intangible asset, incremental service fees paid by the Company to Endeavor pursuant to a services agreement, dated as of September 12, 2023, by and between EGH and TKO OpCo (the “Services Agreement”) , incremental compensation expense for two key executives, including salaries, bonuses and TKO equity awards granted, and incremental equity-based compensation related to the Replacement Awards.

SUPPLEMENTARY DATA

SUPPLEMENTARY DATA	12 Months Ended
	Dec. 31, 2023
SUPPLEMENTARY DATA [Abstract]
SUPPLEMENTARY DATA	5. SUPPLEMENTARY DATA Property, Buildings and Equipment, net Property, buildings and equipment, net consisted of the following (in thousands): As of December 31, December 31, 2023 2022 Buildings and improvements $ 394,481 $ 116,863 Land and land improvements 80,919 50,539 Furniture and fixtures 74,862 47,652 Office, computer and other equipment 126,082 11,641 Construction in progress 20,389 7,053 696,733 233,748 Less: accumulated depreciation ( 88,317 ) ( 58,700 ) Total Property, buildings and equipment, net $ 608,416 $ 175,048 Depreciation expense for property, buildings and equipment totaled $ 29.9 million, $ 13.3 million and $ 12.9 million for the years ended December 31, 2023, 2022 and 2021, respectively. Valuation and Qualifying Accounts Balance at Charged to Balance at Beginning Costs and Foreign End of of Year Expenses Deductions Exchange Year Allowance for doubtful accounts Year Ended December 31, 2023 $ 2,355 $ 1,749 $ ( 3,010 ) $ ( 1 ) $ 1,093 Year Ended December 31, 2022 $ 479 $ 2,176 $ ( 295 ) $ ( 5 ) $ 2,355 Year Ended December 31, 2021 $ 1,323 $ ( 778 ) $ ( 68 ) $ 2 $ 479 Deferred tax valuation allowance Year Ended December 31, 2023 $ 94 $ 15,604 $ — $ ( 9 ) $ 15,689 Year Ended December 31, 2022 $ 1,849 $ 17 $ ( 1,771 ) $ ( 1 ) $ 94 Year Ended December 31, 2021 $ 1,270 $ 579 $ — $ — $ 1,849 Film and Television Content Costs The following table presents the Company’s unamortized content costs, which are included as a component of other assets in the consolidated balance sheets (in thousands): Predominantly Monetized Individually Predominantly Monetized as a Film Group As of As of December 31, December 31, December 31, December 31, 2023 2022 2023 2022 Licensed and acquired program rights $ — $ — $ 21,413 $ 20,548 Produced programming: In release 1,410 — 2,049 5,699 Completed but not released 2,045 — — — In production 1,350 — 819 557 Total film and television costs $ 4,805 $ — $ 24,281 $ 26,804 As of December 31, 2023, substantially all of the “completed but not released” content costs that are monetized individually are estimated to be amortized over the next 12 months and approximately 74 % of the “in release” content costs monetized individually are estimated to be amortized over the next three years . As of December 31, 2023, substantially all of the “in release” content costs monetized as a film group are estimated to be amortized over the next three years . Amortization and impairment of content costs, which are included as a component of direct operating costs in the consolidated statement of operations, consisted of the following (in thousands): Year Ended December 31, 2023 2022 2021 Content production amortization expense - assets monetized individually $ 5,028 $ — $ — Content production amortization expense - assets monetized as a film group 18,770 14,535 9,910 Content production impairment charges (1) — — — Total amortization and impairment of content costs $ 23,798 $ 14,535 $ 9,910 (1) Unamortized content costs are evaluated for impairment whenever events or changes in circumstances indicate that the fair value of a film predominantly monetized on its own or a film group may be less than its amortized costs. If conditions indicate a potential impairment, and the estimated future cash flows are not sufficient to recover the unamortized costs, the asset is written down to fair value. In addition, if we determine that content will not likely air, we will expense the remaining unamortized costs. Other current assets The following is a summary of other current assets (in thousands): As of December 31, December 31, 2023 2022 Prepaid taxes $ 57,885 $ 6,727 Amounts due from the Group (Note 22) 11,599 23,838 Prepaid insurance 8,145 1,570 Assets held for sale 7,500 — Other 36,026 10,143 Total $ 121,155 $ 42,278 Accrued Liabilities The following is a summary of accrued liabilities (in thousands): As of December 31, December 31, 2023 2022 Payroll-related costs $ 100,982 $ 27,271 Event and production-related costs 51,015 28,759 Interest 41,634 35,502 Accrued capital expenditures 29,550 1,672 Legal and professional fees 18,730 2,915 Other 25,452 12,070 Total $ 267,363 $ 108,189

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS	12 Months Ended
	Dec. 31, 2023
GOODWILL AND INTANGIBLE ASSETS [Abstract]
GOODWILL AND INTANGIBLE ASSETS	6. GOODWILL AND INTANGIBLE ASSETS Goodwill The changes in the carrying value of Goodwill are as follows (in thousands): UFC (1) WWE Total Balance — December 31, 2022 $ 2,602,639 $ — $ 2,602,639 Acquisitions (2) — 5,063,774 5,063,774 Foreign exchange — 72 72 Balance — December 31, 2023 $ 2,602,639 $ 5,063,846 $ 7,666,485 (1) Reflects goodwill resulting from the Company’s election to apply pushdown accounting to reflect EGH’s new basis of accounting in the UFC’s assets and liabilities, including goodwill, which occurred during 2016. (2) Based on preliminary fair values acquired through the business acquisition of WWE. See Note 4, Acquisition of WWE , for further information. There were no dispositions or impairments to goodwill during the years ended December 31, 2023 and 2022. Intangible Assets, net The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2023 (in thousands): Weighted Average Estimated Useful Life Accumulated (in years) Gross Amount Amortization Carrying Value Trademarks and trade names 22.8 $ 2,891,826 $ ( 314,685 ) $ 2,577,141 Customer relationships 5.5 1,254,210 ( 388,640 ) 865,570 Other (1) 3.4 145,438 ( 24,486 ) 120,952 Total intangible assets $ 4,291,474 $ ( 727,811 ) $ 3,563,663 (1) Other intangible assets as of December 31, 2023 primarily consisted of talent roster, internally developed software and content library assets acquired through the business combination with WWE in September 2023. See Note 4, Acquisition of WWE , for further information. The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2022 (in thousands): Weighted Average Estimated Useful Life Accumulated (in years) Gross Amount Amortization Carrying Value Trademarks and trade names 18.0 $ 703,626 $ ( 249,085 ) $ 454,541 Customer relationships 4.5 354,510 ( 337,379 ) 17,131 Other (1) 2.9 16,234 ( 12,141 ) 4,093 Total intangible assets $ 1,074,370 $ ( 598,605 ) $ 475,765 (1) Other intangible assets as of December 31, 2022 consist of UFC’s internally developed software. Amortization of intangible assets was $ 129.3 million, $ 46.7 million, and $ 50.4 million during the years ended December 31, 2023, 2022 and 2021, respectively, which is recognized within depreciation and amortization in the consolidated statements of operations. Estimated annual intangible amortization, including amortization of intangible assets acquired in the Transactions, for the next five years and thereafter is as follows (in thousands): UFC WWE (1) Total 2024 $ 47,104 $ 250,034 $ 297,138 2025 44,342 199,220 243,562 2026 39,855 193,625 233,480 2027 39,290 176,781 216,071 2028 39,177 161,006 200,183 Thereafter 220,009 2,153,220 2,373,229 Total remaining amortization $ 429,777 $ 3,133,886 $ 3,563,663 (1) Based on preliminary fair values acquired through the business acquisition of WWE. See Note 4, Acquisition of WWE , for further information. Annual Impairment Assessments During the years ended December 31, 2023, 2022 and 2021, the Company completed its annual impairment review of goodwill and intangibles. The Company did not record any impairment charges related to such reviews during the years ended December 31, 2023, 2022 or 2021. The Company determines the fair value of each reporting unit based on discounted cash flows using an applicable discount rate for each reporting unit. Intangible assets were valued based on a relief from royalty method or an excess earnings method. ‌

INVESTMENTS

INVESTMENTS	12 Months Ended
	Dec. 31, 2023
INVESTMENTS [Abstract]
INVESTMENTS	7. INVESTMENTS The following is a summary of the Company’s investments (in thousands): As of December 31, December 31, 2023 2022 Equity method investments $ 3,775 $ 4,917 Nonmarketable equity investments without readily determinable fair values 12,617 499 Total investment securities $ 16,392 $ 5,416 Equity Method Investments The Company has an approximately 7 % ownership stake in Monkey Spirit, LLC, which owns the IP license to distribute Howler Head branded products and beverages (together, “Howler Head”). In August 2022, the Company received an incremental share of equity in Howler Head as compensation for the same promotional services associated with the initial investment. The value of the equity investment received was determined to be $ 3.0 million using Level 3 inputs not observable in the market. The incremental investment was an increase in transaction price to the original revenue arrangement and a cumulative catch-up entry of $ 1.0 million was recorded to revenue, with the remaining $ 2.0 million recorded to deferred revenue to be recognized ratably over the remainder the term. The Company recognized equity losses of $ 0.9 million and $ 0.1 million for the years ended December 31, 2023 and 2022, respectively, and the investment balance was $ 3.3 million and $ 4.2 million as of December 31, 2023 and 2022, respectively. The Company recognized equity gains of $ 0.6 million and equity losses of $ 0.2 million for the years ended December 31, 2023 and 2022, respectively, from other equity method investments, which had a balance of $ 0.5 million and $ 0.7 million as of December 31, 2023 and 2022, respectively. During the year ended December 31, 2023, the Company received distributions of $ 0.8 million from these other equity method investments. Nonmarketable Equity Investments Without Readily Determinable Fair Values As of December 31, 2023 and 2022, the Company held various investments in nonmarketable equity instruments of private companies. The Company did no t record any impairment charges on these investments during the years ended December 31, 2023, 2022 or 2021. In addition, there were no observable price change events that were completed during the years ended December 31, 2023, 2022 or 2021. The fair value measurements of the Company’s equity investments and nonmarketable equity investments without readily determinable fair values are classified within Level 3 as significant unobservable inputs are used as part of the determination of fair value. Significant unobservable inputs may include variables such as near-term prospects of the investees, recent financing activities of the investees, and the investees' capital structure, as well as other economic variables, which reflect assumptions market participants would use in pricing these assets. For equity investments without readily determinable fair values, the Company has elected to use the measurement alternative to fair value that will allow these investments to be recorded at cost, less impairment, and adjusted for subsequent observable price changes.

DEBT

DEBT	12 Months Ended
	Dec. 31, 2023
DEBT [Abstract]
DEBT	8. DEBT The following is a summary of the Company’s outstanding debt (in thousands): As of December 31, December 31, 2023 2022 First Lien Term Loan (due April 2026 ) $ 2,728,766 $ 2,759,767 Secured Commercial Loans 31,867 33,467 Total principal 2,760,633 2,793,234 Unamortized discount ( 8,367 ) ( 11,791 ) Unamortized debt issuance cost ( 15,951 ) ( 22,445 ) Total debt 2,736,315 2,758,998 Less: Current portion of long-term debt ( 22,367 ) ( 22,683 ) Total long-term debt $ 2,713,948 $ 2,736,315 First Lien Term Loan (due April 2026) As of December 31, 2023 and 2022, the Company had $ 2.7 billion and $ 2.8 billion, respectively, outstanding under a credit agreement dated August 18, 2016 (as amended and/or restated, the “Credit Agreement”), by and among Zuffa Guarantor, LLC, UFC Holdings, LLC, as borrower, the lenders party hereto and Goldman Sachs Bank USA, as Administrative Agent, which was entered into in connection with the acquisition of Zuffa by EGH in 2016. The facilities under the Credit Agreement consist of (i) a first lien secured term loan (the “First Lien Term Loan”) and (ii) a secured revolving credit facility in an aggregate principal amount of $ 205.0 million, letters of credit in an aggregate face amount not in excess of $ 40.0 million and swingline loans in an aggregate principal amount not in excess of $ 15.0 million (collectively, the “Revolving Credit Facility,” and, together with the First Lien Term Loan, the “Credit Facilities”). The Credit Facilities are secured by liens on substantially all of the assets of Zuffa Guarantor, LLC, UFC Holdings, LLC and certain subsidiaries thereof. 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 April 29, 2026. In June 2023, the Company amended the terms of the First Lien Term Loan to replace the adjusted LIBOR reference rate with Term Secured Overnight Financing Rate (“SOFR”) and provide for a credit spread adjustment (as defined in the Credit Agreement). The First Lien Term Loan accrues interest at an annual interest rate of adjusted SOFR plus 2.75 - 3.00 %, which totaled 8.40 % as of December 31, 2023. Amounts under the Revolving Credit Facility are available to be borrowed and re-borrowed until its termination date, which was extended in April 2023 until October 29, 2024 . The Revolving Credit Facility accrues a commitment fee of 0.25 % to 0.50 % per annum on the unused balance. In April 2023, the Company amended the terms of the Revolving Credit Facility to replace the adjusted LIBOR reference rate with SOFR. Borrowings under the Revolving Credit Facility accrue interest at a rate equal to SOFR plus 2.75 - 3.00 %. In November 2023, the Company borrowed $ 100.0 million under its Revolving Credit Facility to fund certain share repurchases that occurred during the fourth quarter of 2023, as discussed in Note 10, Stockholders’/Members’ Equity . In December 2023, the Company fully repaid the $ 100.0 million amount outstanding. As of December 31, 2023 and 2022, there was no outstanding balance under the Revolving Credit Facility. The 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 6.5 -to-1. The Company is only required to meet the First Lien Leverage Ratio if the sum of outstanding borrowings under the Revolving Credit Facility plus outstanding letters of credit exceeding $ 10.0 million that are not cash collateralized exceeds thirty-five percent of the capacity of the Revolving Credit Facility as measured on a quarterly basis, as defined in the Credit Agreement. This covenant did not apply as of December 31, 2023 and 2022 as the Company had no borrowings outstanding under the Revolving Credit Facility. The Company had no outstanding letters of credit as of December 31, 2023 and 2022, respectively. The Credit Facilities restrict the ability of certain subsidiaries of the Company to make distributions and other payments to the Company. These restrictions 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, which generally provides for no restrictions as long as the Total Leverage Ratio (as defined in the Credit Agreement) is less than 5.0 x. As of December 31, 2023, TKO Group Holdings, Inc. held net long-term deferred income tax liabilities of $ 371.2 million. Otherwise, TKO Group Holdings, Inc. 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. TKO Group Holdings, Inc. 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 from being transferred to TKO Group Holdings, Inc. as of December 31, 2023. The estimated fair values of the Company’s First Lien Term Loan are based on quoted market values for the debt. As of December 31, 2023 and 2022, the face amount of the Company’s First Lien Term Loan approximates its fair value. Secured Commercial Loans As of December 31, 2023 and 2022, the Company had $ 31.9 million and $ 33.5 million, respectively, of secured loans outstanding, which were entered into in October 2018 in order to finance the purchase of a building and its adjacent land (the “Secured Commercial Loans”). The Secured Commercial Loans have identical terms except one of the Loan Agreements is secured by a deed of trust for the UFC’s headquarters building located at 6650 S. Torrey Pines Drive, Las Vegas, Nevada and underlying land and the other Loan Agreement is secured by a deed of trust for a building located at 6650 El Camino Road, Las Vegas, Nevada and its adjacent land. The Secured Commercial Loans bear interest at a rate of LIBOR plus 1.62 % (with a LIBOR floor of 0.88 %). In May 2023, the parties amended the terms of the Secured Commercial Loans to replace the adjusted LIBOR reference rate with SOFR and bear interest at a rate of SOFR plus 1.70 %. Principal amortization of 4 % is payable in monthly installments with any remaining balance payable on the final maturity date of November 1, 2028 . The Secured Commercial Loans contain a financial covenant that requires the Company to maintain a Debt Service Coverage Ratio of consolidated debt to Adjusted EBITDA as defined in the applicable loan agreements of no more than 1.15 -to-1 as measured on an annual basis. As of December 31, 2023 and 2022, the Company was in compliance with its financial debt covenant under the Secured Commercial Loans. 3.375% Convertible Notes (due December 2023) In connection with the business combination with WWE, the Company assumed the remaining obligations of the 3.375 % convertible senior notes issued by WWE in December 2016 and January 2017 (the “Convertible Notes”). The Convertible Notes matured on December 15, 2023. As a result of the payment made on September 29, 2023 in the form of cash dividends on TKO Class A common stock, in an amount of $ 3.86 per share, for which the ex-dividend date was September 21, 2023, the applicable conversion rate of the Convertible Notes has been adjusted pursuant to the terms of the Indenture. Effective as of September 21, 2023, upon a conversion of the Convertible Notes, the Company delivered shares of TKO Class A common stock at an adjusted conversion rate of approximately 41.6766 shares of TKO Class A common stock per $ 1,000 principal amount of the Convertible Notes, which corresponded to a conversion price of approximately $ 23.99 per share of TKO Class A common stock. During the year ended December 31, 2023, holders converted $ 4.2 million aggregate principal amount of the Convertible Notes (the “Conversions”). In accordance with the terms of the Convertible Notes, the Company delivered 176,079 shares of TKO Class A common stock associated with the Conversions during the year ended December 31, 2023. The remaining principal amount of the Convertible Notes, which was less than $ 0.1 million, was paid to holders upon maturity on December 15, 2023. In connection with the Transactions, as discussed in Note 4, Acquisition of WWE , the Convertible Notes were marked to fair value as of September 12, 2023. After September 12, 2023, the premium associated with the acquisition date fair value is included as a component of additional paid-in-capital on the Company’s consolidated balance sheets. Debt Maturities The Company will be required to repay the following principal amounts in connection with its debt obligations (in thousands): 2024 $ 32,600 2025 32,600 2026 2,668,366 2027 1,600 2028 25,467 $ 2,760,633

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	12 Months Ended
	Dec. 31, 2023
FINANCIAL INSTRUMENTS [Abstract]
FINANCIAL INSTRUMENTS	9. FINANCIAL INSTRUMENTS In October 2018, in connection with the Secured Commercial Loans, the Company entered into a swap for $ 40.0 million notional effective November 1, 2018 with a termination date of November 1, 2028. The swap required the Company to pay a fixed rate of 4.99 % and receive the total of LIBOR plus 1.62 %, which totaled 3.97 % as of December 31, 2018. The Company entered into this swap to hedge certain of its interest rate risks on its variable rate debt. The Company monitors its positions with, and the credit quality of, the financial institutions that are party to its financial transactions. The Company has designated the interest rate swap as a cash flow hedge, and all changes in fair value are recognized in other comprehensive income until the hedged interest payments affect earnings. In May 2023, the Company amended its Secured Commercial Loans and associated interest rate swap to replace the LIBOR reference rate with Term SOFR. The swap requires the Company to pay a fixed rate of 4.99 % and receive the total of SOFR plus 1.70 %, which totaled 7.04 % as of December 31, 2023. Prior to the May 2023 amendment the fair value of the swap was based on commonly quoted monthly LIBOR rates. Subsequent to this amendment, the fair value of the swap is based on commonly quoted monthly Term SOFR rates. Both the LIBOR and Term SOFR reference rates are considered observable inputs representing a Level 2 measurement within the fair value hierarchy. The fair value of the swap was $ 0.3 million and $ 0.6 million as of December 31, 2023 and 2022, respectively, and was included in other assets in the consolidated balance sheets. The total change in fair value of the swap’s asset position included in accumulated other comprehensive income was an increase of $ 0.3 million, a decrease of $ 4.9 million and a decrease of $ 2.5 million for the years ended December 31, 2023, 2022 and 2021, respectively. The Company reclassified $ 0.3 million of the increase in fair value into net income during each of the years ended December 31, 2023, 2022 and 2021, respectively, representing the amortization of the cash flow hedge fair value to net income.

STOCKHOLDERS__MEMBERS_ EQUITY

STOCKHOLDERS’/MEMBERS’ EQUITY	12 Months Ended
	Dec. 31, 2023
STOCKHOLDERS’/MEMBERS’ EQUITY [Abstract]
STOCKHOLDERS’/MEMBERS’ EQUITY	10. STOCKHOLDERS’/MEMBERS’ EQUITY Amendment and Restatement of Certificate of Incorporation On September 12, 2023, the Company amended and restated its certificate of incorporation to, among other things, provide for the (a) authorization of 5,000,000,000 shares of Class A common stock with a par value of $ 0.00001 per share, (b) authorization of 5,000,000,000 shares of Class B common stock with a par value of $ 0.00001 per share, (c) authorization of 1,000,000,000 shares of preferred stock with a par value of $ 0.00001 per share, and (d) establishment of a board of directors consisting of eleven members, each of which will serve for one-year terms. On January 23, 2024, the board of directors increased the size of the board from eleven to thirteen. Holders of TKO Class A common stock and holders of TKO Class B common stock are entitled to one vote per share on all matters on which shareholders generally are entitled to vote and, except as otherwise required, will vote together as a single class. Holders of TKO Class B common stock are not entitled to receive dividends and will not be entitled to receive any distributions upon the liquidation, dissolution or winding up of the affairs of the Company. On September 12, 2023, the Company issued 83,161,123 shares of TKO Class A common stock to the historic WWE stockholders and 89,616,891 shares of TKO Class B common stock to EGH and certain of its subsidiaries. Secondary Offering & Share Repurchases On November 9, 2023, the Company entered into an underwriting agreement (the “Underwriting Agreement”) with TKO OpCo, Morgan Stanley & Co. LLC, as representative of the various underwriters (collectively, the “Underwriters”), and Mr. McMahon, in connection with the underwritten secondary offering by Mr. McMahon of 8,400,000 shares of TKO Class A common stock at an offering price of $ 79.80 per share (the “Secondary Offering”). The Secondary Offering closed on November 14, 2023. The Company did no t offer any shares of TKO Class A common stock in the Secondary Offering and did no t receive any proceeds from the sale of shares of Common Stock in the Secondary Offering. Pursuant to the Underwriting Agreement, the Company agreed to purchase 1,308,729 shares of TKO Class A common stock from the Underwriters, at a price of $ 76.41 per share, which was equal to the price being paid by the Underwriters to Mr. McMahon, resulting in an aggregate purchase price of approximately $ 100.0 million (the “Share Repurchase”). The Company funded the Share Repurchase with approximately $ 100.0 million of borrowings under the Revolving Credit Facility. All shares repurchased have been retired. Principal Stockholder Contributions During the year ended December 31, 2023, the Company received cash contributions of $ 5.8 million and non-cash capital contributions of $ 9.0 million. The cash contributions represented amounts reimbursed to the Company by Mr. McMahon, a principal holder of TKO Class A common stock, in connection with and/or arising from the investigation conducted by a Special Committee of the former WWE board of directors. The non-cash capital contributions represented amounts paid personally by Mr. McMahon to certain counterparties. See Note 22, Related Party Transactions , for additional information.

NON-CONTROLLING INTERESTS

NON-CONTROLLING INTERESTS	12 Months Ended
	Dec. 31, 2023
NON-CONTROLLING INTERESTS [Abstract]
NON-CONTROLLING INTERESTS	11. NON-CONTROLLING INTERESTS Nonredeemable Non-Controlling Interest in TKO OpCo In connection with the business acquisition of WWE described in Note 4, Acquisition of WWE , on September 12, 2023, the Company became the sole managing member of TKO OpCo and, as a result, consolidates the financial results of TKO OpCo. The Company reports a non-controlling interest representing the economic interest in TKO OpCo held by the other members of TKO OpCo. TKO OpCo’s operating agreement provides that holders of membership interests in TKO OpCo (“Common Units”) may, from time to time, require TKO OpCo to redeem all or a portion of their Common Units (and an equal number of shares of TKO Class B common stock) for cash or, at the Company’s option, for shares of TKO Class A common stock on a one-for-one basis. In connection with any redemption or exchange, the Company will receive a corresponding number of Common Units, increasing the total ownership interest in TKO OpCo. Changes in the ownership interest in TKO OpCo while the Company retains its controlling interest in TKO OpCo will be accounted for as equity transactions. As such, future redemptions or direct exchanges of Common Units in TKO OpCo by the other members of TKO OpCo will result in a change in ownership and reduce the amount recorded as non-controlling interest and increase additional paid-in capital. Redeemable Non-Controlling Interest in the UFC In July 2018, the Company received an investment of $ 9.7 million by 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 UFC business in Russia and certain other countries in the Commonwealth of Independent States. The terms of this investment provide the Russia Co-Investors with a put option to sell their ownership in the Russia Subsidiary five years and six months after the consummation of the investment. 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, 2023 and 2022, the estimated redemption value was $ 11.2 million and $ 9.7 million, respectively. The changes in carrying value of the redeemable non-controlling interest were as follows (in thousands): Balance — December 31, 2021 $ 9,700 Net income attributable to non-controlling interest holders 1,747 Accretion ( 1,539 ) Balance — December 31, 2022 $ 9,908 Net income attributable to non-controlling interest holders 1,686 Accretion — Balance — December 31, 2023 $ 11,594

EARNINGS PER SHARE

EARNINGS PER SHARE	12 Months Ended
	Dec. 31, 2023
EARNINGS PER SHARE [Abstract]
EARNINGS PER SHARE	12. EARNINGS PER SHARE Earnings per share is calculated utilizing net loss available to common stockholders of the Company from September 12, 2023 through December 31, 2023, divided by the weighted average number of shares of TKO Class A common stock outstanding during the same period. Diluted EPS is calculated by dividing the net loss available to common stockholders by the diluted weighted average shares outstanding during the same period. The Company’s outstanding equity-based compensation awards under its equity-based compensation arrangements (see Note 13, Equity-based Compensation ) were anti-dilutive during the period. The following tables presents the computation of net loss per share and weighted average number of shares of the Company’s common stock outstanding for the period presented (dollars in thousands, except per share data): Period From September 12 - December 31, 2023 Basic and diluted net loss per share Numerator Net loss attributable to TKO Group Holdings, Inc. $ ( 35,227 ) Denominator Weighted average Class A Common Shares outstanding - Basic 82,808,019 Basic and diluted net loss per share $ ( 0.43 ) Securities that are anti-dilutive this period Unvested RSUs 1,636,626 Unvested PSUs 327,403 TKO Class B Common Shares 89,616,891

EQUITY-BASED COMPENSATION

EQUITY-BASED COMPENSATION	12 Months Ended
	Dec. 31, 2023
EQUITY-BASED COMPENSATION [Abstract]
EQUITY-BASED COMPENSATION	13. EQUITY-BASED COMPENSATION In connection with the initial public offering of EGH, EGH’s board of directors adopted the Endeavor Group Holdings, Inc. 2021 Incentive Award Plan, which became effective April 28, 2021 and was amended and restated effective April 24, 2023 (the “EGH 2021 Plan”). Under the EGH 2021 Plan, EGH granted stock options and RSUs to certain employees and service providers of TKO OpCo. In addition to the Replacement Awards described in Note 2, Summary of Significant Accounting Policies , the Company’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. The TKO 2023 Plan provides for the grant of incentive or non-qualified stock options, stock appreciation rights, restricted stock, restricted stock units, 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 the Company and its affiliates (including TKO OpCo and its subsidiaries). Equity-based compensation expense by plan, which is included within selling, general and administrative expenses on the Company’s consolidated statements of operations, consisted of the following (in thousands): Year Ended December 31, 2023 2022 2021 EGH 2021 Plan $ 18,638 $ 23,744 $ 63,855 Replacement Awards under WWE 2016 Plan 31,747 — — TKO 2023 Plan 6,724 — — Equity-based compensation expense $ 57,109 $ 23,744 $ 63,855 As of December 31, 2023, total unrecognized equity-based compensation expense for unvested awards and the related remaining weighted average period for expensing is summarized below (dollars in thousands): Unrecognized Compensation Costs Period Remaining (in years) EGH 2021 Plan $ 11,203 1.82 Replacement Awards under WWE 2016 Plan 59,370 2.30 TKO 2023 Plan 66,958 2.32 Equity-based unrecognized compensation expense $ 137,531 EGH 2021 Plan The terms of each award, including vesting and forfeiture, are determined by the administrator of the EGH 2021 Plan. Key grant terms include one or more of the following: (a) time-based vesting over a two - to five-year period; (b) market-based vesting conditions at graduated levels upon the EGH’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 RSU award activity under the EGH 2021 Plan for the year ended December 31, 2023: Time Vested RSUs Market / Market and Time Vested RSUs Units Weighted- Average Grant-Date Fair Value Units Weighted- Average Grant-Date Fair Value Outstanding at January 1, 2023 604,875 $ 29.57 5,115 $ 24.65 Granted 309,284 $ 21.77 — $ — Released ( 297,131 ) $ 29.54 — $ — Forfeited ( 11,418 ) $ 21.73 — $ — Outstanding at December 31, 2023 605,610 $ 25.74 5,115 $ 24.65 The following table summarizes the stock option award activity under the EGH 2021 Plan for the year ended December 31, 2023: Stock Options Units Weighted-Average Exercise Price Outstanding at January 1, 2023 286,836 $ 26.04 Granted — $ — Exercised — $ — Forfeited or expired — $ — Outstanding at December 31, 2023 286,836 $ 26.04 Vested and exercisable at December 31, 2023 162,452 $ 25.20 Replacement Awards Prior to the Transactions, the terms of each WWE award, including vesting and forfeiture, were determined by the administrator of WWE’s 2016 Omnibus Incentive Plan (the “WWE 2016 Plan”). In November 2023, certain Replacement Awards consisting of PSUs that were previously granted to a WWE executive management and TKO board member were cancelled and replaced with RSUs granted under the TKO 2023 Plan. The cancelled Replacement Awards included both service and performance conditions with cliff vesting in November 2025. The newly granted RSUs include only a service condition and vest in three equal installments in each of December 2024, 2025 and 2026, respectively. The Company did no t record any incremental compensation expense as a result of this modification. Other than the change discussed above, there have been no changes to the terms of the Replacement Awards as of December 31, 2023 other than with respect to the shares underlying the awards as described in Note 2, Summary of Significant Accounting Policies . Key grant terms include one or more of the following: (a) time-based vesting over a one - to five-year period; (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 RSU award activity under the WWE 2016 Plan for the year ended December 31, 2023: Time Vested RSUs Units Weighted- Average Grant-Date Fair Value Outstanding at January 1, 2023 — $ — Granted — $ — Assumed from WWE 1,011,215 $ 100.65 Vested ( 209,982 ) $ 100.65 Forfeited ( 146,581 ) $ 100.65 Dividend equivalents 46,438 $ 100.65 Outstanding at December 31, 2023 701,090 $ 100.65 The following table summarizes the PSU award activity under the WWE 2016 Plan for the year ended December 31, 2023: Time Vested PSUs Market / Market and Time Vested PSUs Units Weighted- Average Grant-Date Fair Value Units Weighted- Average Grant-Date Fair Value Outstanding at January 1, 2023 — $ — — $ — Granted — $ — — $ — Assumed from WWE 641,190 $ 100.65 20,460 $ 100.65 Vested ( 54,478 ) $ 100.65 — $ — Forfeited ( 272,297 ) $ 83.75 ( 20,460 ) $ 100.65 Dividend equivalents 12,988 $ 100.65 — $ — Outstanding at December 31, 2023 327,403 $ 93.84 — $ — TKO 2023 Plan 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 award activity under the TKO 2023 Plan for the year ended December 31, 2023: Time Vested RSUs Units Weighted- Average Grant-Date Fair Value Outstanding at January 1, 2023 — $ — Granted 935,536 $ 91.23 Vested — $ — Forfeited — $ — Outstanding at December 31, 2023 935,536 $ 91.23

EMPLOYEE BENEFITS

EMPLOYEE BENEFITS	12 Months Ended
	Dec. 31, 2023
EMPLOYEE BENEFITS [Abstract]
EMPLOYEE BENEFITS	14. EMPLOYEE BENEFITS The Company sponsors two 401(k) defined contribution plans (the “Plans”) covering substantially all of its employees. Under the Plans, participants are allowed to make contributions based on a percentage of their salaries, subject to a statutorily prescribed annual limit. The Company makes matching contributions of 50 % of each participant’s contributions under the Plans, up to 5 % of eligible compensation (maximum 2.5 % matching contributions) for Zuffa participants, and up to 6 % of eligible compensation (maximum 3 % matching contributions) for WWE participants. The Company may also make additional discretionary contributions to the Plans. Employer matching contributions and discretionary contributions were $ 1.5 million, $ 0.8 million and $ 2.2 million during the years ended December 31, 2023, 2022 and 2021, respectively.

INCOME TAXES

INCOME TAXES	12 Months Ended
	Dec. 31, 2023
INCOME TAXES [Abstract]
INCOME TAXES	15. INCOME TAXES TKO Group Holdings, Inc. was incorporated as a Delaware corporation in March 2023. As the sole managing member of TKO OpCo, TKO Group Holdings, Inc. operates and controls all the business and affairs of UFC and WWE. TKO Group Holdings, Inc. is subject to corporate income taxes on its share of taxable income of TKO OpCo. TKO OpCo is treated as a partnership for U.S. federal income tax purposes and is therefore generally not subject to U.S. corporate income tax, other than entity-level income taxes in certain U.S. state and local jurisdictions. TKO OpCo’s foreign subsidiaries are subject to entity-level taxes, and TKO OpCo’s U.S. subsidiaries are subject to foreign withholding taxes on sales in certain foreign jurisdictions which are included as a component of foreign current taxes. As discussed in Note 4, Acquisition of WWE , the Transactions are accounted for as a reverse acquisition of WWE using the acquisition method of accounting in accordance with ASC 805. As a result, TKO recorded a fair value step-up on the acquired WWE net assets in the amount of $ 3.3 billion and deferred tax liabilities in the amount of $ 379.5 million, all of which was recorded through goodwill as of the Closing Date. For the years ended December 31, 2023, 2022 and 2021, the effective tax rate was 15.2 %, 3.5 % and 5.4 %, respectively. Income before income taxes includes the following components (in thousands): Year Ended December 31, 2023 2022 2021 United States $ 201,091 $ 399,244 $ 287,440 Foreign 6,344 4,305 1,954 Total income before income taxes $ 207,435 $ 403,549 $ 289,394 The income tax provision consists of the following (in thousands): Year Ended December 31, 2023 2022 2021 Current: U.S. federal, state and local $ 5,739 $ 816 $ 315 Foreign 25,485 13,184 16,302 Total Current 31,224 14,000 16,617 Deferred: U.S. federal, state and local ( 54 ) 460 492 Foreign 276 ( 142 ) ( 1,340 ) Total Deferred 222 318 ( 848 ) Total provision for income taxes $ 31,446 $ 14,318 $ 15,769 The Company’s effective tax rate differs from the U.S. federal statutory rate primarily due to partnership income not subject to income tax and withholding taxes in foreign jurisdictions that are not based on net income. The effective tax rate based on the actual provision shown in the consolidated statements of operations differs from the U.S. statutory federal income tax rate as follows (in thousands): Year Ended December 31, 2023 2022 2021 U.S. statutory federal income tax of 21 % $ 43,561 $ 84,743 $ 60,773 Partnership income not subject to tax ( 48,535 ) ( 83,839 ) ( 60,363 ) Tax impact of foreign operations 24,546 12,072 15,905 UK ORIP Tax 1,215 859 971 Provision to return — 968 ( 998 ) Permanent differences 345 — — Nondeductible officers compensation 4,465 — — Opening balance remeasurement 4,270 — — Valuation allowance 1 ( 1,756 ) 580 Unrecognized tax benefits 539 ( 4 ) ( 1,894 ) U.S. state and local taxes 864 1,275 795 Other 175 — — Total provision for income taxes $ 31,446 $ 14,318 $ 15,769 Principal components of deferred tax assets and liabilities are as follows (in thousands): As of December 31, 2023 2022 Deferred tax assets: Compensation and severance $ 14,244 $ — Net operating loss, capital loss and tax credits carried forward 29,615 2,203 Lease liability 34,481 — Other 3,453 9 Total gross deferred tax assets 81,793 2,212 Less: valuation allowance ( 15,689 ) ( 94 ) Net deferred tax assets 66,104 2,118 Deferred tax liabilities: Property, buildings, and equipment ( 33,995 ) — Intangible assets ( 365,751 ) — Lease asset ( 34,522 ) — Investments ( 592 ) — Deferred state tax liability ( 2,445 ) ( 1,549 ) Net deferred tax liabilities ( 437,305 ) ( 1,549 ) Total net deferred tax (liabilities) assets $ ( 371,201 ) $ 569 As of December 31, 2023 and 2022, the Company had foreign net operating losses of $ 12.1 million and $ 10.9 million, respectively, which expire over various time periods ranging from 5 years to no expiration. ASC 740 requires that a valuation allowance be recorded against deferred tax assets when it is more likely than not that some or all of the Company’s deferred tax asset will not be realized upon available positive and negative evidence. After reviewing all available positive and negative evidence as of December 31, 2023 and 2022, the Company recorded a valuation allowance of $ 15.7 million and $ 0.1 million, respectively, against foreign tax credits and certain foreign deferred tax assets. The Company recorded an increase in valuation allowance of $ 15.6 million, a decrease in valuation allowance of $ 1.7 million and an increase in valuation allowance of $ 0.6 million for the years ended December 31, 2023, 2022 and 2021, respectively, which was recorded in the respective year’s provision for income taxes. The Company had unrecognized tax benefits of $ 5.5 million, $ 0.9 million and $ 1.0 million, respectively, as of December 31, 2023, 2022 and 2021. The aggregate changes to the liability for unrecognized tax benefits, excluding interest and penalties, were as follows (in thousands): Year Ended December 31, 2023 2022 2021 Beginning balance $ 880 $ 951 $ 2,720 Acquisitions 2,549 — — Gross increases 2,126 — — Gross decreases ( 61 ) — ( 1,872 ) Translation adjustments — ( 71 ) 103 Ending balance $ 5,494 $ 880 $ 951 The Company recognizes interest and penalties related to uncertain tax benefits in its provisions for income taxes. The Company had accrued interest and penalties of $ 0.2 million and $ 0.1 million as of December 31, 2023 and 2022, respectively. As of December 31, 2023 and 2022, approximately $ 0.5 million and $ 1.0 million, respectively, would affect the Company’s effective tax rate upon resolution of the uncertain tax positions. The Company is regularly audited by domestic and foreign taxing authorities. Audits may result in tax assessments in excess of amounts claimed and the payment of additional taxes. The Company believes that its tax return positions comply with applicable tax law and that it has adequately provided for reasonably foreseeable assessments of additional taxes. Additionally, the Company believes that any assessments in excess of the amounts provided for will not have a material adverse impact in the consolidated financial statements. The Company is subject to taxation in various state and foreign jurisdictions. As of December 31, 2023, the Company is generally subject to review by U.S. federal taxing authorities for the years 2020 through 2022. Other Matters On August 16, 2022, the United States enacted the Inflation Reduction Act of 2022 ("IRA"). The IRA, in addition to other provisions, creates a 15% corporate alternative minimum tax ("CAMT") on adjusted financial statement income for applicable corporations. The CAMT is effective for tax years beginning after December 31, 2022. The IRA did not have a material impact on the Company’s consolidated financial statements. 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 does not expect the impact of adoption of GloBE rules, effective January 1, 2024, will be 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, 2023
REVENUE [Abstract]
REVENUE	16. REVENUE The Company derives its revenue principally from the following sources: (i) media rights and content fees associated with the distribution of content, (ii) ticket sales at live events and site fees, (iii) sponsorship and advertising sales, and (iv) consumer product licensing. Disaggregated Revenue The following table presents the Company’s revenue disaggregated by primary revenue sources (in thousands): Year Ended December 31, 2023 2022 2021 Revenue: UFC Segment : Media rights and content $ 870,551 $ 794,397 $ 768,370 Live events 167,942 125,271 105,833 Sponsorship 196,296 166,845 132,240 Consumer products licensing 57,412 53,634 25,501 Total UFC Segment revenue 1,292,201 1,140,147 1,031,944 WWE Segment : Media rights and content 249,496 — — Live events 87,705 — — Sponsorship 17,957 — — Consumer products licensing 27,609 — — Total WWE Segment revenue 382,767 — — Total revenue $ 1,674,968 $ 1,140,147 $ 1,031,944 Remaining Performance Obligations The transaction price related to the Company’s future performance obligations does not include any variable consideration related to sales or usage-based royalties. The variability related to these sales or usage-based royalties will be resolved in the periods when the licensee generates sales related to the intellectual property license. The following table presents the aggregate amount of the transaction price allocated to remaining performance obligations for contracts greater than one year with unsatisfied or partially satisfied performance obligations as of December 31, 2023 (in thousands): 2024 $ 1,902,699 2025 1,655,929 2026 751,351 2027 673,426 2028 595,038 Thereafter 415,419 Total remaining performance obligations $ 5,993,862 Revenue from Prior Period Performance Obligations The Company did no t recognize any significant revenue from performance obligations satisfied in prior periods during the years ended December 31, 2023, 2022 and 2021. Contract Liabilities (Deferred Revenues) The Company records deferred revenue when cash payments are received or due in advance of the Company’s performance. The Company’s deferred revenue balance primarily relates to advance payments received related to its content distribution rights agreements, consumer product licensing agreements and sponsorship arrangements, as well as memberships for the Company’s subscription services . 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 deferred revenue as of December 31, 2023 and 2022 (in thousands): As of As of December 31, Foreign December 31, Description 2022 Acquisitions Additions Deductions Exchange 2023 Deferred revenue - current $ 71,624 $ 54,190 $ 1,064,968 $ ( 1,071,665 ) $ ( 125 ) $ 118,992 Deferred revenue - non-current 11,060 — — ( 10,388 ) — 672

RESTRUCTURING CHARGES

RESTRUCTURING CHARGES	12 Months Ended
	Dec. 31, 2023
RESTRUCTURING CHARGES [Abstract]
RESTRUCTURING CHARGES	17. RESTRUCTURING CHARGES During the year ended December 31, 2023, the Company implemented an ongoing cost reduction program, primarily related to realizing synergy opportunities and integrating the combined operations of WWE and UFC, which resulted in the recording of termination benefits for a workforce reduction of certain employees and independent contractors in the WWE segment and Corporate. As a result, the Company recorded restructuring charges of $ 41.4 million for the year ended December 31, 2023, inclusive of $ 19.9 million of equity-based compensation expenses, which are accrued in accrued liabilities and additional paid-in-capital on the consolidated balance sheets, respectively. These restructuring charges are primarily recorded within selling, general and administrative expenses in the consolidated statements of operations. Changes in the Company’s restructuring liability through December 31, 2023 were as follows (in thousands): Balance — December 31, 2022 $ — Restructuring charges (excluding share-based compensation expense) 21,459 Payments ( 11,734 ) Balance — December 31, 2023 $ 9,725

CONTENT PRODUCTION INCENTIVES

CONTENT PRODUCTION INCENTIVES	12 Months Ended
	Dec. 31, 2023
CONTENT PRODUCTION INCENTIVES [Abstract]
CONTENT PRODUCTION INCENTIVES	18. CONTENT PRODUCTION INCENTIVES The Company has access to various governmental programs that are designed to promote content production within the United States of America and certain international jurisdictions. These programs primarily consist of nonrefundable tax credits issued by a jurisdiction on an annual basis for qualifying expenses incurred during the year in the production of certain entertainment content created in whole or in part within the jurisdiction. During the year ended December 31, 2023, the Company recorded content production incentives of $ 13.1 million related to qualifying content production activities. These incentives are recorded as an offset to production expenses within direct operating costs on the Company’s consolidated statements of operations. The Company did no t record any content production incentives during the years ended December 31, 2022 or 2021.

SEGMENT INFORMATION

SEGMENT INFORMATION	12 Months Ended
	Dec. 31, 2023
SEGMENT INFORMATION [Abstract]
SEGMENT INFORMATION	19. SEGMENT INFORMATION Prior to the acquisition of WWE, the Company operated as a single reportable segment. Subsequent to the acquisition of WWE and effective September 12, 2023, the Company identified two reportable segments: UFC and WWE, to align with how the Company’s chief operating decision maker (the “CODM”), the Chief Executive Officer, manages the businesses, evaluates financial results, and makes key operating decisions. The UFC segment consists entirely of the operations of the Company’s UFC business which was the sole reportable segment prior to the acquisition of WWE, while the WWE segment consists entirely of the operations of the WWE business acquired on September 12, 2023. The Company also reports the results for the “Corporate” group. The Corporate group reflects operations not allocated to the UFC or WWE segments and primarily consists of general and administrative expenses. These expenses relate largely to corporate activities, including information technology, facilities, legal, human resources, finance, accounting, treasury, investor relations, corporate communications, community relations and compensation to TKO’s management and board of directors, which support both reportable segments. Corporate expenses also include service fees paid by the Company to Endeavor related to certain corporate activities as well as certain revenue generating activities under the Services Agreement. All prior period amounts related to the segment change have been retrospectively reclassified to conform to the new presentation. The profitability measure employed by the Company’s CODM for allocating resources and assessing operating performance is Adjusted EBITDA. The Company defines Adjusted EBITDA as net income, excluding income taxes, net interest expense, depreciation and amortization, equity-based compensation, merger and acquisition costs, certain legal costs, restructuring, severance and impairment charges, and certain other items when applicable. Adjusted EBITDA includes amortization expenses directly related to supporting the operations of the Company’s segments, including content production asset amortization. The Company believes the presentation of Adjusted EBITDA is relevant and useful for investors because it allows investors to view the Company’s segment performance in the same manner as the Company’s CODM to evaluate segment performance and make decisions about allocating resources. Additionally, the Company believes that Adjusted EBITDA is a primary measure used by media investors, analysts and peers for comparative purposes. The Company does not disclose assets by segment information. The Company does not provide assets by segment information to the Company’s CODM, as that information is not typically used in the determination of resource allocation and assessing business performance of each reportable segment. A significant portion of the Company’s assets following the Transactions represent goodwill and intangible assets arising from the Transactions. The following tables present summarized financial information for each of the Company’s reportable segments (in thousands): Revenue Year Ended December 31, 2023 2022 2021 UFC $ 1,292,201 $ 1,140,147 $ 1,031,944 WWE 382,767 — — Total consolidated revenue $ 1,674,968 $ 1,140,147 $ 1,031,944 Reconciliation of segment profitability Year Ended December 31, 2023 2022 2021 UFC $ 755,664 $ 680,629 $ 573,669 WWE 162,981 — — Corporate ( 109,557 ) ( 51,919 ) ( 52,206 ) Total Adjusted EBITDA 809,088 628,710 521,463 Reconciling items: Equity losses of affiliates 266 209 — Interest expense, net ( 239,042 ) ( 139,567 ) ( 102,247 ) Depreciation and amortization ( 164,616 ) ( 60,032 ) ( 63,250 ) Equity-based compensation expense ( 57,109 ) ( 23,744 ) ( 63,855 ) Merger and acquisition costs ( 83,832 ) — — Certain legal costs ( 34,238 ) ( 753 ) ( 1,204 ) Restructuring, severance and impairment ( 21,459 ) — — Other adjustments ( 1,623 ) ( 1,274 ) ( 1,513 ) Income before income taxes and equity losses of affiliates $ 207,435 $ 403,549 $ 289,394 Geographic information Revenue by major geographic region is based upon the geographic location of where our revenue is generated. The information below summarizes our revenue by geographic area: Year Ended December 31, 2023 2022 2021 North America $ 1,280,727 $ 893,774 $ 814,492 Europe/Middle East/Africa 228,103 129,511 123,337 Asia Pacific 134,647 86,936 65,734 Latin America 31,491 29,926 28,381 Total revenue $ 1,674,968 $ 1,140,147 $ 1,031,944 The Company's property, buildings and equipment were almost entirely located in the United States at December 31, 2023 and 2022.

LEASES

LEASES	12 Months Ended
	Dec. 31, 2023
LEASES [Abstract]
LEASES	20. LEASES As of December 31, 2023, the Company’s lease portfolio consisted of operating and finance leases, in which the Company is the lessee, primarily for real estate property for offices around the world. In addition, the Company has various live event production service arrangements that contain operating and finance equipment leases. The Company’s real estate leases have remaining lease terms of approximately one year to 27 years , some of which include one or more options to renew. These renewal terms can extend the lease term and are included in the lease term when it is reasonably certain that the Company will exercise the option. The Company’s equipment leases, which are included as part of various operating service arrangements, generally have remaining lease terms of approximately one year to six years . Generally, no covenants are imposed by the Company’s lease agreements. Quantitative Disclosures Related to Leases The following table provides quantitative disclosure about the Company’s operating and finance leases for the periods presented (dollars in thousands): Year Ended December 31, 2023 2022 2021 Lease costs Finance lease costs: Amortization of right-of-use assets $ 5,427 $ — $ — Interest on lease liabilities 5,997 — — Operating lease costs 4,525 1,158 3,040 Other short-term and variable lease costs 1,480 936 — Total lease costs $ 17,429 $ 2,094 $ 3,040 Other information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 4,945 $ — $ — Operating cash flows from operating leases $ 3,382 $ 1,748 $ 2,958 Finance cash flows from finance leases $ 938 $ — $ — Right-of-use assets obtained in exchange for new finance lease liabilities (1) $ 257,359 $ — $ — Right-of-use assets obtained in exchange for new operating lease liabilities (1) $ 14,630 $ 7,378 $ 370 As of December 31, December 31, 2023 2022 Weighted-average remaining lease term (in years) - finance leases 25.2 N/A Weighted-average remaining lease term (in years) - operating leases 8.9 10.9 Weighted-average discount rate - finance leases 8.1 % N/A Weighted-average discount rate - operating leases 6.9 % 6.3 % (1) The amounts for the year ended December 31, 2023 are primarily related to the assets acquired from WWE as discussed in Note 4, Acquisition of WWE . Maturity of lease liabilities as of December 31, 2023 were as follows (in thousands): Operating Finance Leases Leases 2024 $ 6,781 $ 27,554 2025 6,561 24,551 2026 6,332 24,644 2027 5,762 20,600 2028 4,329 19,536 Thereafter 20,401 498,572 Total future minimum lease payment 50,166 615,457 Less: imputed interest ( 13,009 ) ( 362,034 ) Present value of future minimum lease payments $ 37,157 $ 253,423

COMMITMENTS AND CONTINGENCIES

COMMITMENTS AND CONTINGENCIES	12 Months Ended
	Dec. 31, 2023
COMMITMENTS AND CONTINGENCIES [Abstract]
COMMITMENTS AND CONTINGENCIES	21. COMMITMENTS AND CONTINGENCIES The Company has certain commitments, including various service contracts with vendors as well as service fees paid by the Company to Endeavor under the Services Agreement . The following is a summary of the Company’s annual commitments under these agreements as of December 31, 2023 (in thousands): 2024 $ 134,779 2025 133,501 2026 95,931 2027 72,499 2028 73,136 Thereafter 125,013 Total $ 634,859 The Company’s future commitments related to its debt obligations and its operating and finance leases are separately disclosed in Note 8, Debt , and Note 20, Leases , respectively. Legal Proceedings 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 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. UFC Legal Proceedings Zuffa has five related class-action lawsuits filed against it between December 2014 and March 2015 by a total of eleven former UFC fighters. The lawsuits, which are 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 alleges 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 claim that Zuffa’s alleged conduct injured them by artificially depressing the compensation they received for their services, and they seek 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. On January 18, 2024, the court denied Zuffa’s motion for summary judgment and requests to exclude the fighter plaintiffs’ experts. The court has set a trial date of April 15, 2024. The fighter plaintiffs in the Le case abandoned their claim for injunctive relief, so the only relief the fighter plaintiffs may seek at the April 15, 2024 trial is 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 and alleges substantially similar claims to the Le case and seeks injunctive relief. The defendants in the Johnson case are Zuffa, Endeavor, and TKO OpCo. Discovery recently opened and will continue at least through mid-2025. The Company believes that the claims alleged lack merit and intends to defend itself vigorously against them. WWE Legal Proceedings On January 11, 2022, a complaint was filed against WWE by MLW Media LLC (“MLW”), captioned MLW Media LLC v. World Wrestling Entertainment, Inc. , No. 5:22-cv-00179-EJD (N.D. Cal.), alleging that WWE interfered with MLW’s contractual relationship with certain media platforms and engaged in other anticompetitive and unfair business practices in violation of the Sherman Antitrust Act and California law. On December 22, 2023, the parties notified the court that they had entered into a settlement agreement in the amount of $ 20.0 million and stipulated that the case should be voluntarily dismissed with prejudice. In light of the settlement, the case was dismissed with prejudice on December 26, 2023. 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, Vincent K. 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 the Company. 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 Company’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 and/or other claims and 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. No charges have been brought in these investigations. WWE has received voluntary and compulsory legal demands for documents, including from federal law enforcement and regulatory agencies, concerning the investigation and related subject matters. 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 November 17, 2023, a purported former stockholder of WWE, Laborers’ District Council and Contractors’ Pension Fund of Ohio, 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, 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 WWE stockholder, Dennis Palkon, filed a verified class action complaint on behalf of himself and similarly situated former WWE stockholders in the Court of Chancery of the State of Delaware, 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 Vincent K. McMahon, Nick Khan, Paul Levesque, George A. Barrios, Steve Koonin, Michelle D. Wilson, and Frank A. Riddick III, arising out of the Transactions. These cases are pending consolidation and are in the early stages. On January 4, 2024, the City of Pontiac Reestablished General Employee’s Retirement System, a purported stockholder of WWE, filed an action in the Court of Chancery of the State of Delaware seeking certain books and records related to the Transactions under Section 220 of the Delaware General Corporations Code (the “ Pontiac Action”). On February 12, 2024, the Court entered an order vacating the case schedule and staying the Pontiac Action.

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	12 Months Ended
	Dec. 31, 2023
RELATED PARTY TRANSACTIONS [Abstract]
RELATED PARTY TRANSACTIONS	22. RELATED PARTY TRANSACTIONS EGH and its subsidiaries EGH and its subsidiaries (collectively, the “Group”), who collectively own approximately 52.1 % of the voting interest in TKO as described in Note 1, Description of Business , provide various services to the Company and, upon consummation of the Transactions, such services are provided pursuant to the Services Agreement. Revenue and expenses associated with such services are as follows (in thousands): Year Ended December 31, 2023 2022 2021 Event and other licensing revenues earned from the Group $ 16,501 $ 10,743 $ 7,099 Expenses incurred with the Group included in direct operating costs (1) 21,780 17,489 13,426 Expenses incurred with the Group included in selling, general and administrative expenses (2) 24,981 25,370 25,350 Net expense resulting from Group transactions included within net income (loss) $ ( 30,260 ) $ ( 32,116 ) $ ( 31,677 ) (1) These expenses primarily consist of production and consulting services as well as commissions paid to the Group. (2) These expenses primarily consist of service fees paid to the Group. The Company believes that these service fees are a reasonable allocation of costs related to representation, executive leadership, back-office and corporate functions and other services provided by the Group. Outstanding amounts due to and from the Group were as follows (in thousands): As of December 31, Classification 2023 2022 Amounts due from the Group Other current assets $ 11,599 $ 23,838 Amounts due to the Group Other current liabilities ( 5,473 ) ( 7,631 ) The Company also reimburses the Group for third party costs they incur on the Company’s behalf. The Company reimbursed $ 9.3 million, $ 5.4 million and $ 4.7 million of such costs during the years ended December 31, 2023, 2022 and 2021, respectively. Vincent McMahon Vincent K. McMahon, who served as Executive Chair of the Company’s Board of Directors until January 26, 2024, controls a significant portion of the voting power of the issued and outstanding shares of the Company’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, of which $ 2.0 million was paid directly by Mr. McMahon during the period of September 12, 2023 through December 31, 2023. During the period of September 12, 2023 through 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 statements of operations. Additionally, during the period of September 12, 2023 through 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 f inance lease right-of-use assets, net in our consolidated balance sheets. These payments are considered non-cash capital contributions and are included as a component of principal stockholder contributions in our consolidated statements of stockholders’/members’ equity. As of December 31, 2023, total liabilities of $ 1.5 million are included within accrued expenses in our consolidated balance sheets related to future payments owed by Mr. McMahon to certain counterparties. 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 year ended December 31, 2023, Mr. McMahon reimbursed the Company $ 5.8 million associated with these costs. This reimbursement is considered a capital contribution and is included as a component of principal stockholder contributions in our consolidated statements of stockholders’/members’ equity.

SUMMARY OF SIGNIFICANT ACCOUN_2

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT 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 information.
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 , 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. TKO is the sole managing member of TKO OpCo and maintains a controlling financial interest in TKO OpCo. As sole managing member, the Company operates and controls all of the business affairs of TKO OpCo. As a result, the Company is the primary beneficiary and thus consolidates the financial results of TKO OpCo and reports a non-controlling interest representing the economic interest in TKO OpCo held by the other members of TKO OpCo. As of December 31, 2023, the Company owned 47.9 % of TKO OpCo.
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 the Company’s reporting units and the assessment of goodwill, other intangible assets and long-lived assets for impairment, determination of useful lives of intangible assets and long-lived assets acquired, the fair value of equity-based compensation, leases, 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 Under ASC Topic 606, Revenue from Contracts with Customers (“ASC Topic 606”), our sales revenue is recognized when products are delivered or as services are performed. Revenue is recognized when control of the promised goods or services is transferred to our customers either at a point in time or over time, in an amount that reflects the consideration the Company expects to be entitled to in exchange for those goods or services. For contracts which have more than one performance obligation the total contract consideration is allocated based on management’s estimate of each performance obligation’s relative stand-alone selling price. Our pay-per-view programming revenue and consumer product licensing revenue include variable consideration in the form of sales or usage-based royalties. The variability related to these sales or usage-based royalties will be resolved in the periods when the licensee generates sales related to the intellectual property license. Our payment terms vary by the type of products or services offered, and are generally subject to contractual payment terms, which may include advance payment requirements. The time between invoicing and when payment is due is not significant. Our contracts with customers do not result in significant obligations associated with returns, refunds or warranties. Our revenues do not include material amounts of variable consideration other than the sales or usage based royalties earned related to our consumer product licensing and certain media rights and content contracts which are subject to contractual payment terms. The following are the primary sources of revenue earned by the Company: Media Rights and Content Broadcast rights fees received from distributors of the Company’s live event and television programming, both domestically and internationally, are recorded when the live event or program has been delivered and is available for distribution. Certain of the Company’s media rights are typically sold in multi-year arrangements and are generally comprised of multiple performance obligations that involve the allocation of transaction price based on the relative stand-alone selling price of each performance obligation. The Company uses its estimate of stand-alone selling price to allocate transaction price. Any advance payments received from customers are deferred upon collection and recognized into revenue as content is delivered. Revenue from the Company’s pay-per-view programming is recognized when the event is aired and, for those contracts with variable fees, is based upon its initial estimate of the number of buys achieved. This initial estimate is based on preliminary buy information received from certain pay-per-view distributors and any adjustments to the estimated amounts are recorded when final information is received. Pay-per-view programming is distributed through cable, satellite, and digital providers to residential and commercial establishments. The Company’s customer is the cable, satellite, and certain digital providers on residential buys and the Company records its royalties earned on the sales of pay-per-view programming. For other residential buys through UFC-branded digital platforms, the Company’s customer is the end user, and the Company records the amount paid by the end customer. On commercial buys, the Company recognizes the amount paid by the establishment. The Company owns and operates its own over-the-top (“OTT”) platforms, UFC FIGHT PASS and WWE Network, that engage customers through a monthly subscription-based model. Access to UFC FIGHT PASS and WWE Network is provided to subscribers and revenue is recognized ratably over each paid monthly membership period. Revenue for UFC FIGHT PASS and WWE Network is deferred for subscriptions paid in advance until earned. The Company recognizes revenue for UFC FIGHT PASS and WWE Network gross of third-party distributor fees as the Company is the principal in the arrangement. Live Events Live event revenue consists of ticket and VIP package sales for events at third-party venues, each of which generally represents distinct performance obligations. The Company allocates the transaction price to all performance obligations contained within an event based on their relative stand-alone selling price. Revenue for ticket sales collected in advance of the event is recorded as deferred revenue until the event occurs. The Company recognizes revenue gross of third-party commissions and fees as the Company is the principal in the arrangement. Sponsorships Through our sponsorship packages, the Company offers our customers a full range of promotional vehicles, including arena and octagon signage, digital and broadcast content, on-air announcements, special appearances by fighters and talent as well as other forms of advertisement. The Company allocates the transaction price to all performance obligations contained within a sponsorship arrangement based upon their relative standalone selling price. Standalone selling prices are determined generally based on a rate card used to determine pricing for individual components. After allocating revenue to each performance obligation, the Company recognizes sponsorship revenue when the promotional services are delivered. Revenue is recognized gross of third-party commissions and fees as the Company is the principal in the arrangement. Our control is evidenced by our sole ability to monetize the sponsorship inventory and being primarily responsible to our customers. Consumer Products Licensing Revenue is derived from licensing the Company’s logos, trade names, trademarks and related symbolic intellectual property to third party manufacturers and distributors of branded merchandise. Revenue is recognized based on the Company’s estimates of sales that occurred with subsequent adjustments recognized upon receipt of a statement or other information from the customer. Many licensing agreements include minimum guarantees, which set forth the minimum royalty to be paid to the Company during a given contract year. The Company will recognize the minimum guarantee revenue ratably over its related royalty period until such point that it is more likely than not that the total revenue during the royalty period will exceed the minimum royalty. If during the royalty period, management determines that total revenue will exceed the minimum royalty, the revenue recognized during each reporting period will reflect royalties earned on the underlying product sales.
Direct Operating Costs	Direct Operating Costs Direct operating costs primarily include third-party expenses associated with our athletes and talent, production, marketing, venue costs related to the Company’s live events, and commissions and direct costs with distributors, as well as certain service fees paid to Endeavor.
Selling, General and Administrative Expenses	Selling, General and Administrative Expenses Selling, general and administrative expenses primarily include personnel costs as well as rent, travel, professional service costs and other overhead required to support the Company’s operations and corporate structure, including certain service fees paid to Endeavor.
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.‌
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 a significant portion relates to trade receivables for events from various distributors, who collect and remit payments to the Company from individual operators as well as large broadcast and cable television and streaming networks with whom the Company licenses content. Significant portions of trade receivables also relate to third party venues.‌ As of December 31, 2023, there were no customers that accounted for 10% or more of the Company’s accounts receivable. As of December 31, 2022, there were two customers who accounted for 10% or more of the Company’s accounts receivable. For the years ended December 31, 2023, 2022 and 2021, there was one customer who accounted for more than 10% of the Company’s revenue.‌
Derivative Instruments and Hedging Activities	Derivative Instruments and Hedging Activities The Company uses interest rate swaps to manage exposure to the risk associated with interest rates on variable rate borrowings. The Company does not use derivatives for trading or speculative purposes. The Company recognizes derivative financial instruments at fair value as either assets or liabilities in the consolidated balance sheets. The accounting for changes in fair value (i.e., gains or losses) of the interest rate swap agreements depends on whether they have been designated and qualify as part of a hedging relationship and the type of hedging relationship. Changes in the fair value of derivative instruments accounted for as cash flow hedges are recorded as a component of accumulated other comprehensive income (loss) until the hedged item affects earnings. For derivatives not designated as cash flow hedges, changes in fair value are recognized in earnings.
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 third-party vendors in advance of events taking place, upfront contractual payments and prepayments on media and licensing rights fees and advances 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.
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 and equipment are as follows: Years 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 Company has elected the short-term lease exemption, whereby leases with initial terms of one year or less are not capitalized and instead expensed generally on a straight-line basis over the lease term. The Company has also elected to not separate lease components from non-lease components across all lease categories. Instead, each separate lease component and non-lease component are accounted for as a single lease component. The Company is primarily a lessee with a lease portfolio comprised mainly of real estate and equipment leases. 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. Operating lease costs are recognized on a straight-line basis over the lease term. For finance leases, the Company records 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.
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 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:‌ Years Trademarks and trade names 2 - 26 years Customers relationships 2 - 22 years Internally developed technology 2 - 15 years Other 2 - 12 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.‌
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 either monetized on a title-by-title basis or as a group through subscriptions from customers. These costs include development costs, direct costs of production as well as direct negative costs incurred in the physical production of the film. From time to time, the Company acquires films to distribute exclusively through its UFC Fight Pass subscription network. The Company also licenses films for distribution exclusively through its UFC Fight Pass subscription network. Content costs are included in other assets in the consolidated balance sheets. Depending on the predominant monetization strategy, content costs are amortized over the estimated period of ultimate revenue subject to an individual-film-forecast model or over the estimated usage of the film group. Such amortization is recorded in direct operating expenses in the consolidated statements of operations. The Company produces live sports and taped content, which represent content costs predominantly monetized on a title-by-title basis that has a limited life to sell in secondary markets. As such, the Company recognizes all of the revenue associated with film and television costs when the programs are delivered and made available for telecast in the initial market resulting in simultaneously expensing all of the related film and television costs. Costs incurred in acquiring, licensing, and producing content for distribution on UFC Fight Pass are predominantly monetized as a film group, and are amortized straight-line over the shorter of the license term or the estimated period of use, which is currently three years . These estimates are reviewed at the end of each reporting period and adjustments, if any, will result in changes to amortization rates. Unamortized content costs are also tested for impairment based on the predominant monetization strategy whenever there is an impairment indication, as a result of certain triggering events or changes in circumstances, whereby the fair value of the individual film and television content or collectively with others as a film group may be less than its unamortized costs. The impairment test compares the estimated fair value of the individual film and television content or collectively with others as a film group 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. No impairment charges were recognized during the years ended December 31, 2023, 2022 or 2021.
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 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, accounts receivable, accounts payable and accrued liabilities 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 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 6 and Note 7). 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 Incentive Awards 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 with forfeitures recognized as they occur. 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. See Note 13, Equity-Based Compensation , for further discussion of the Company’s equity-based compensation. Replacement Awards Pursuant to the Transaction Agreement, the Company 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”). 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. With regards to 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 with forfeitures recognized as they occur. RSUs have a service requirement and generally vest in equal annual installments over a three-year period. Unvested RSUs 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 RSUs. PSUs, which are subject to certain performance conditions and have a service requirement, generally vest in equal installments over a three-year period. Until such time as the performance conditions are met, stock compensation costs associated with these PSUs are re-measured each reporting period based upon the fair market value of the Company’s common stock and the estimated performance attainment on the reporting date. The ultimate number of PSUs that are issued to an employee is the result of the actual performance of the Company at the end of the performance period compared to the performance conditions. Compensation costs for PSUs are recognized using a graded-vesting attribution method over the vesting period based upon the probability that the performance conditions will be achieved, with forfeitures recognized as they occur. Unvested PSUs accrue dividend equivalents once the performance conditions are met at the same rate as are paid on shares of TKO Class A common stock. The dividend equivalents are subject to the same vesting schedule as the underlying PSUs.
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 (loss) available to holders of TKO Class A common stock by the weighted average number of shares outstanding for the period. Diluted EPS is calculated by dividing the net income (loss) available for holders of TKO Class A common stock 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 TKO Class A common stock issuable in exchange for redemption of certain non-controlling interests, outstanding convertible debt instruments, as well as under the Company’s share based compensation plans (if dilutive), with adjustments to net income (loss) available for common stockholders for dilutive potential common shares. Shares of the Company’s Class B common stock, par value $ 0.00001 per share (the “TKO Class B common stock”) do not share in the earnings or losses of the Company and are therefore not participating securities. As such, separate presentation of basic and diluted earnings (loss) per share of TKO Class B common stock under the two-class method has not been presented. However, shares of TKO Class B common stock outstanding for the period are considered potentially dilutive shares of TKO Class A common stock under application of the if-converted method and are included in the computation of diluted earnings (loss) per share, except when the effect would be anti-dilutive. The Company may be required to calculate basic EPS using the two-class method as a result of its 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 (loss) 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 (loss) 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 the redeemable non-controlling interests.
Income Taxes	Income Taxes TKO Group Holdings, Inc. was incorporated as a Delaware corporation in March 2023. As the sole managing member of TKO OpCo, TKO Group Holdings, Inc. operates and controls all the business and affairs of UFC and WWE. TKO Group Holdings, Inc. is subject to corporate income taxes on its share of taxable income of TKO OpCo. TKO OpCo is treated as a partnership for U.S. federal income tax purposes and is therefore generally not subject to U.S. corporate income tax. TKO OpCo’s foreign subsidiaries are subject to entity-level taxes. TKO OpCo’s U.S. subsidiaries are subject to withholding taxes on sales in certain foreign jurisdictions which are included as a component of foreign current taxes. TKO OpCo is subject to entity-level income taxes in certain U.S. state and local jurisdictions. 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.
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 as to the assets and liabilities and monthly average exchange rates as to revenue, expenses and cash flows. For these countries, currency translation adjustments are recognized in shareholders’ equity as a component of accumulated other comprehensive (loss) income, whereas transaction gains and losses are recognized in other (expense) income, net in the consolidated statements of operations. The Company recognized $ 1.1 million, $ 1.3 million and $ 0.4 million of realized and unrealized foreign currency transaction losses for the years ended December 31, 2023, 2022 and 2021, respectively.‌

RECENT ACCOUNTING PRONOUNCEME_2

RECENT ACCOUNTING PRONOUNCEMENTS (Policies)	12 Months Ended
	Dec. 31, 2023
RECENT ACCOUNTING PRONOUNCEMENTS [Abstract]
Recently Adopted Accounting Pronouncements And Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In July 2023, the Financial Accounting Standards Board (the “FASB”) issued Accounting Standards Update (“ASU”) 2023-03, Presentation of Financial Statements (Topic 205), Income Statement—Reporting Comprehensive Income (Topic 220), Distinguishing Liabilities from Equity (Topic 480), Equity (Topic 505), and Compensation—Stock Compensation (Topic 718) . This ASU amends or supersedes various SEC paragraphs within the FASB Accounting Standards Codification (“ASC”) to conform to past SEC announcements and guidance issued by the SEC. The Company adopted this guidance on July 1, 2023 with no material effect on the Company’s financial position or results of operations. In March 2022, the FASB issued ASU 2022-01, Derivatives and Hedging (Topic 815): Fair Value Hedging—Portfolio Layer Method . This ASU clarifies the guidance in ASC 815 on fair value hedge accounting of interest rate risk for portfolios of financial assets, expanding the scope of this guidance to allow entities to apply the portfolio layer method to portfolios of all financial assets, including both prepayable and non-prepayable financial assets. The amendments in this update were effective for public entities for fiscal years beginning after December 15, 2022, including interim periods within those fiscal years. The Company adopted this guidance on January 1, 2023 with no material effect on the Company’s financial position or results of operations. In March 2020, the FASB issued ASU 2020-04, Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting . This ASU provides optional expedients and exceptions for applying GAAP to contracts, hedging relationships and other transactions affected by reference rate reform if certain criteria are met. Adoption of the expedients and exceptions was permitted upon issuance of this update through December 31, 2022. However, in December 2022, the FASB issued ASU 2022-06, Deferral of the Sunset Date of Topic 848, in order to defer the sunset date of ASC 848 until December 31, 2024. The Company adopted this guidance on April 1, 2023 with no material effect on the Company’s financial position or results of operations. 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 requires that a joint venture apply a new basis of accounting upon formation. The amendments in this update are effective prospectively for all joint venture formations with a formation date on or after January 1, 2025, with an option to apply the amendments retrospectively. Early adoption is permitted in any interim or annual period in which financial statements have not yet been issued. 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 ASC to incorporate certain disclosure requirements from SEC Release No. 33-10532, Disclosure Update and Simplification , which was issued in 2018. The effective date for each amendment will be the date on which the SEC's removal of that related disclosure from Regulation S-X or Regulation S-K becomes effective, with early adoption prohibited. If, by June 30, 2027, the SEC has not removed the applicable requirement from Regulation S-X or Regulation S-K, the pending content of the related amendment will be removed from the ASC and will not become effective. The Company is in the process of assessing the impact of this ASU on its consolidated financial statements. 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 are effective for fiscal years beginning after December 15, 2023, and interim periods within fiscal years beginning after December 15, 2024. Early adoption is permitted. The update should be applied retrospectively to all prior periods presented in the financial statements. 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 2023-09, 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) as well as income taxes paid disaggregated by jurisdiction. 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.

SUMMARY OF SIGNIFICANT ACCOUN_3

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)	12 Months Ended
	Dec. 31, 2023
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Abstract]
Schedule Of Property Plant And Equipment Useful Life	Years 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
Schedule Of Finite Lived Intangible Assets Estimated Useful Life	Years Trademarks and trade names 2 - 26 years Customers relationships 2 - 22 years Internally developed technology 2 - 15 years Other 2 - 12 years

ACQUISITION OF WWE (Tables)

ACQUISITION OF WWE (Tables)	12 Months Ended
	Dec. 31, 2023
ACQUISITION OF WWE [Abstract]
Schedule of Preliminary Allocation of Purchase Price	Cash and cash equivalents $ 381,153 Accounts receivable 105,237 Other current assets 89,256 Property, buildings and equipment 398,004 Intangible assets Trademarks and trade names 2,188,200 Customer relationships 899,700 Other 128,300 Goodwill 5,063,774 Finance lease right of use assets 257,359 Operating lease right of use assets 12,337 Investments 12,007 Other assets 25,928 Deferred tax liabilities ( 379,508 ) Accounts payable and accrued liabilities ( 124,280 ) Current portion of long-term debt ( 16,934 ) Deferred revenue ( 54,190 ) Finance lease liabilities ( 255,940 ) Operating lease liabilities ( 12,224 ) Other long-term liabilities ( 2,527 ) Additional paid-in-capital (1) ( 283,591 ) Net assets acquired $ 8,432,061 (1) The additional paid-in-capital amount represents incremental goodwill related to deferred tax liabilities recorded at TKO’s parent company in connection with the acquisition of WWE.
Schedule of Supplemental Financial Information of Acquiree	Revenue $ 382,767 Net loss $ ( 73,279 )
Schedule of Supplemental Pro Forma Financial Information	Year Ended December 31, 2023 2022 Pro forma revenue $ 2,618,567 $ 2,431,670 Pro forma net income 241,526 60,611

SUPPLEMENTARY DATA (Tables)

SUPPLEMENTARY DATA (Tables)	12 Months Ended
	Dec. 31, 2023
SUPPLEMENTARY DATA [Abstract]
Summary of Property and equipment	As of December 31, December 31, 2023 2022 Buildings and improvements $ 394,481 $ 116,863 Land and land improvements 80,919 50,539 Furniture and fixtures 74,862 47,652 Office, computer and other equipment 126,082 11,641 Construction in progress 20,389 7,053 696,733 233,748 Less: accumulated depreciation ( 88,317 ) ( 58,700 ) Total Property, buildings and equipment, net $ 608,416 $ 175,048
Summary of Allowance for Doubtful Accounts	Balance at Charged to Balance at Beginning Costs and Foreign End of of Year Expenses Deductions Exchange Year Allowance for doubtful accounts Year Ended December 31, 2023 $ 2,355 $ 1,749 $ ( 3,010 ) $ ( 1 ) $ 1,093 Year Ended December 31, 2022 $ 479 $ 2,176 $ ( 295 ) $ ( 5 ) $ 2,355 Year Ended December 31, 2021 $ 1,323 $ ( 778 ) $ ( 68 ) $ 2 $ 479 Deferred tax valuation allowance Year Ended December 31, 2023 $ 94 $ 15,604 $ — $ ( 9 ) $ 15,689 Year Ended December 31, 2022 $ 1,849 $ 17 $ ( 1,771 ) $ ( 1 ) $ 94 Year Ended December 31, 2021 $ 1,270 $ 579 $ — $ — $ 1,849
Summary of Unamortized Content Costs	Predominantly Monetized Individually Predominantly Monetized as a Film Group As of As of December 31, December 31, December 31, December 31, 2023 2022 2023 2022 Licensed and acquired program rights $ — $ — $ 21,413 $ 20,548 Produced programming: In release 1,410 — 2,049 5,699 Completed but not released 2,045 — — — In production 1,350 — 819 557 Total film and television costs $ 4,805 $ — $ 24,281 $ 26,804
Summary of Amortization of Content Costs	Year Ended December 31, 2023 2022 2021 Content production amortization expense - assets monetized individually $ 5,028 $ — $ — Content production amortization expense - assets monetized as a film group 18,770 14,535 9,910 Content production impairment charges (1) — — — Total amortization and impairment of content costs $ 23,798 $ 14,535 $ 9,910 (1) Unamortized content costs are evaluated for impairment whenever events or changes in circumstances indicate that the fair value of a film predominantly monetized on its own or a film group may be less than its amortized costs. If conditions indicate a potential impairment, and the estimated future cash flows are not sufficient to recover the unamortized costs, the asset is written down to fair value. In addition, if we determine that content will not likely air, we will expense the remaining unamortized costs.
Summary of Other Current Assets	As of December 31, December 31, 2023 2022 Prepaid taxes $ 57,885 $ 6,727 Amounts due from the Group (Note 22) 11,599 23,838 Prepaid insurance 8,145 1,570 Assets held for sale 7,500 — Other 36,026 10,143 Total $ 121,155 $ 42,278
Summary of Accrued Liabilities	As of December 31, December 31, 2023 2022 Payroll-related costs $ 100,982 $ 27,271 Event and production-related costs 51,015 28,759 Interest 41,634 35,502 Accrued capital expenditures 29,550 1,672 Legal and professional fees 18,730 2,915 Other 25,452 12,070 Total $ 267,363 $ 108,189

GOODWILL AND INTANGIBLE ASSETS

GOODWILL AND INTANGIBLE ASSETS (Tables)	12 Months Ended
	Dec. 31, 2023
GOODWILL AND INTANGIBLE ASSETS [Abstract]
Summary of Changes in the Carrying Value of Goodwill	The changes in the carrying value of Goodwill are as follows (in thousands): UFC (1) WWE Total Balance — December 31, 2022 $ 2,602,639 $ — $ 2,602,639 Acquisitions (2) — 5,063,774 5,063,774 Foreign exchange — 72 72 Balance — December 31, 2023 $ 2,602,639 $ 5,063,846 $ 7,666,485 (1) Reflects goodwill resulting from the Company’s election to apply pushdown accounting to reflect EGH’s new basis of accounting in the UFC’s assets and liabilities, including goodwill, which occurred during 2016. (2) Based on preliminary fair values acquired through the business acquisition of WWE. See Note 4, Acquisition of WWE , for further information.
Summary of Company's Identifiable Intangible Assets	The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2023 (in thousands): Weighted Average Estimated Useful Life Accumulated (in years) Gross Amount Amortization Carrying Value Trademarks and trade names 22.8 $ 2,891,826 $ ( 314,685 ) $ 2,577,141 Customer relationships 5.5 1,254,210 ( 388,640 ) 865,570 Other (1) 3.4 145,438 ( 24,486 ) 120,952 Total intangible assets $ 4,291,474 $ ( 727,811 ) $ 3,563,663 (1) Other intangible assets as of December 31, 2023 primarily consisted of talent roster, internally developed software and content library assets acquired through the business combination with WWE in September 2023. See Note 4, Acquisition of WWE , for further information. The following table summarizes information relating to the Company’s identifiable intangible assets as of December 31, 2022 (in thousands): Weighted Average Estimated Useful Life Accumulated (in years) Gross Amount Amortization Carrying Value Trademarks and trade names 18.0 $ 703,626 $ ( 249,085 ) $ 454,541 Customer relationships 4.5 354,510 ( 337,379 ) 17,131 Other (1) 2.9 16,234 ( 12,141 ) 4,093 Total intangible assets $ 1,074,370 $ ( 598,605 ) $ 475,765 (1) Other intangible assets as of December 31, 2022 consist of UFC’s internally developed software.
Aggregate Amount of Amortization of Intangible Assets	UFC WWE (1) Total 2024 $ 47,104 $ 250,034 $ 297,138 2025 44,342 199,220 243,562 2026 39,855 193,625 233,480 2027 39,290 176,781 216,071 2028 39,177 161,006 200,183 Thereafter 220,009 2,153,220 2,373,229 Total remaining amortization $ 429,777 $ 3,133,886 $ 3,563,663 (1) Based on preliminary fair values acquired through the business acquisition of WWE. See Note 4, Acquisition of WWE , for further information.

INVESTMENTS (Tables)

INVESTMENTS (Tables)	12 Months Ended
	Dec. 31, 2023
INVESTMENTS [Abstract]
Summary of Company's Investments	As of December 31, December 31, 2023 2022 Equity method investments $ 3,775 $ 4,917 Nonmarketable equity investments without readily determinable fair values 12,617 499 Total investment securities $ 16,392 $ 5,416

DEBT (Tables)

DEBT (Tables)	12 Months Ended
	Dec. 31, 2023
DEBT [Abstract]
Summary of Outstanding Debt	As of December 31, December 31, 2023 2022 First Lien Term Loan (due April 2026 ) $ 2,728,766 $ 2,759,767 Secured Commercial Loans 31,867 33,467 Total principal 2,760,633 2,793,234 Unamortized discount ( 8,367 ) ( 11,791 ) Unamortized debt issuance cost ( 15,951 ) ( 22,445 ) Total debt 2,736,315 2,758,998 Less: Current portion of long-term debt ( 22,367 ) ( 22,683 ) Total long-term debt $ 2,713,948 $ 2,736,315
Schedule of Maturities of Debt	2024 $ 32,600 2025 32,600 2026 2,668,366 2027 1,600 2028 25,467 $ 2,760,633

NON-CONTROLLING INTERESTS (Tabl

NON-CONTROLLING INTERESTS (Tables)	12 Months Ended
	Dec. 31, 2023
NON-CONTROLLING INTERESTS [Abstract]
Changes in carrying value of redeemable non-controlling interest	The changes in carrying value of the redeemable non-controlling interest were as follows (in thousands): Balance — December 31, 2021 $ 9,700 Net income attributable to non-controlling interest holders 1,747 Accretion ( 1,539 ) Balance — December 31, 2022 $ 9,908 Net income attributable to non-controlling interest holders 1,686 Accretion — Balance — December 31, 2023 $ 11,594

EARNINGS PER SHARE (Tables)

EARNINGS PER SHARE (Tables)	12 Months Ended
	Dec. 31, 2023
EARNINGS PER SHARE [Abstract]
Schedule of Basic and Diluted Earnings Per Share and Weighted Average Shares Outstanding	Period From September 12 - December 31, 2023 Basic and diluted net loss per share Numerator Net loss attributable to TKO Group Holdings, Inc. $ ( 35,227 ) Denominator Weighted average Class A Common Shares outstanding - Basic 82,808,019 Basic and diluted net loss per share $ ( 0.43 ) Securities that are anti-dilutive this period Unvested RSUs 1,636,626 Unvested PSUs 327,403 TKO Class B Common Shares 89,616,891

EQUITY-BASED COMPENSATION (Tabl

EQUITY-BASED COMPENSATION (Tables)	12 Months Ended
	Dec. 31, 2023
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Schedule of Equity-Based Compensation Expense	Year Ended December 31, 2023 2022 2021 EGH 2021 Plan $ 18,638 $ 23,744 $ 63,855 Replacement Awards under WWE 2016 Plan 31,747 — — TKO 2023 Plan 6,724 — — Equity-based compensation expense $ 57,109 $ 23,744 $ 63,855
Summary of Unrecognized Compensation Cost for Unvested Awards and the Related Remaining Weighted Average Period	Unrecognized Compensation Costs Period Remaining (in years) EGH 2021 Plan $ 11,203 1.82 Replacement Awards under WWE 2016 Plan 59,370 2.30 TKO 2023 Plan 66,958 2.32 Equity-based unrecognized compensation expense $ 137,531
Summary of RSU Activity	Time Vested RSUs Market / Market and Time Vested RSUs Units Weighted- Average Grant-Date Fair Value Units Weighted- Average Grant-Date Fair Value Outstanding at January 1, 2023 604,875 $ 29.57 5,115 $ 24.65 Granted 309,284 $ 21.77 — $ — Released ( 297,131 ) $ 29.54 — $ — Forfeited ( 11,418 ) $ 21.73 — $ — Outstanding at December 31, 2023 605,610 $ 25.74 5,115 $ 24.65
Summary of Stock Option Activity	Stock Options Units Weighted-Average Exercise Price Outstanding at January 1, 2023 286,836 $ 26.04 Granted — $ — Exercised — $ — Forfeited or expired — $ — Outstanding at December 31, 2023 286,836 $ 26.04 Vested and exercisable at December 31, 2023 162,452 $ 25.20
Summary of PSU Activity	Time Vested PSUs Market / Market and Time Vested PSUs Units Weighted- Average Grant-Date Fair Value Units Weighted- Average Grant-Date Fair Value Outstanding at January 1, 2023 — $ — — $ — Granted — $ — — $ — Assumed from WWE 641,190 $ 100.65 20,460 $ 100.65 Vested ( 54,478 ) $ 100.65 — $ — Forfeited ( 272,297 ) $ 83.75 ( 20,460 ) $ 100.65 Dividend equivalents 12,988 $ 100.65 — $ — Outstanding at December 31, 2023 327,403 $ 93.84 — $ —
Replacement Awards [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Summary of RSU Activity	Time Vested RSUs Units Weighted- Average Grant-Date Fair Value Outstanding at January 1, 2023 — $ — Granted — $ — Assumed from WWE 1,011,215 $ 100.65 Vested ( 209,982 ) $ 100.65 Forfeited ( 146,581 ) $ 100.65 Dividend equivalents 46,438 $ 100.65 Outstanding at December 31, 2023 701,090 $ 100.65
TKO 2023 Plan [Member]
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Summary of RSU Activity	Time Vested RSUs Units Weighted- Average Grant-Date Fair Value Outstanding at January 1, 2023 — $ — Granted 935,536 $ 91.23 Vested — $ — Forfeited — $ — Outstanding at December 31, 2023 935,536 $ 91.23

INCOME TAXES (Tables)

INCOME TAXES (Tables)	12 Months Ended
	Dec. 31, 2023
INCOME TAXES [Abstract]
Schedule of Components of Income Before Income Taxes	Year Ended December 31, 2023 2022 2021 United States $ 201,091 $ 399,244 $ 287,440 Foreign 6,344 4,305 1,954 Total income before income taxes $ 207,435 $ 403,549 $ 289,394
Summary of Components Benefit from Provision for Income Taxes	Year Ended December 31, 2023 2022 2021 Current: U.S. federal, state and local $ 5,739 $ 816 $ 315 Foreign 25,485 13,184 16,302 Total Current 31,224 14,000 16,617 Deferred: U.S. federal, state and local ( 54 ) 460 492 Foreign 276 ( 142 ) ( 1,340 ) Total Deferred 222 318 ( 848 ) Total provision for income taxes $ 31,446 $ 14,318 $ 15,769
Schedule of Effective Income Tax Rate Based on Consolidated Statements of Operations Differs From U.S. Statutory Federal Income Tax Rate	Year Ended December 31, 2023 2022 2021 U.S. statutory federal income tax of 21 % $ 43,561 $ 84,743 $ 60,773 Partnership income not subject to tax ( 48,535 ) ( 83,839 ) ( 60,363 ) Tax impact of foreign operations 24,546 12,072 15,905 UK ORIP Tax 1,215 859 971 Provision to return — 968 ( 998 ) Permanent differences 345 — — Nondeductible officers compensation 4,465 — — Opening balance remeasurement 4,270 — — Valuation allowance 1 ( 1,756 ) 580 Unrecognized tax benefits 539 ( 4 ) ( 1,894 ) U.S. state and local taxes 864 1,275 795 Other 175 — — Total provision for income taxes $ 31,446 $ 14,318 $ 15,769
Summary of Principal Components of Deferred Tax Assets and Liabilities	As of December 31, 2023 2022 Deferred tax assets: Compensation and severance $ 14,244 $ — Net operating loss, capital loss and tax credits carried forward 29,615 2,203 Lease liability 34,481 — Other 3,453 9 Total gross deferred tax assets 81,793 2,212 Less: valuation allowance ( 15,689 ) ( 94 ) Net deferred tax assets 66,104 2,118 Deferred tax liabilities: Property, buildings, and equipment ( 33,995 ) — Intangible assets ( 365,751 ) — Lease asset ( 34,522 ) — Investments ( 592 ) — Deferred state tax liability ( 2,445 ) ( 1,549 ) Net deferred tax liabilities ( 437,305 ) ( 1,549 ) Total net deferred tax (liabilities) assets $ ( 371,201 ) $ 569
Schedule of Aggregate Changes to The Liability for Unrecognized Tax Benefits, Excluding Interest and Penalties	Year Ended December 31, 2023 2022 2021 Beginning balance $ 880 $ 951 $ 2,720 Acquisitions 2,549 — — Gross increases 2,126 — — Gross decreases ( 61 ) — ( 1,872 ) Translation adjustments — ( 71 ) 103 Ending balance $ 5,494 $ 880 $ 951

REVENUE (Tables)

REVENUE (Tables)	12 Months Ended
	Dec. 31, 2023
REVENUE [Abstract]
Summary of Company's Revenue Disaggregated by Primary Revenue Sources	Year Ended December 31, 2023 2022 2021 Revenue: UFC Segment : Media rights and content $ 870,551 $ 794,397 $ 768,370 Live events 167,942 125,271 105,833 Sponsorship 196,296 166,845 132,240 Consumer products licensing 57,412 53,634 25,501 Total UFC Segment revenue 1,292,201 1,140,147 1,031,944 WWE Segment : Media rights and content 249,496 — — Live events 87,705 — — Sponsorship 17,957 — — Consumer products licensing 27,609 — — Total WWE Segment revenue 382,767 — — Total revenue $ 1,674,968 $ 1,140,147 $ 1,031,944
Summary of Remaining Performance Obligation for Contracts Greater Than One Year	2024 $ 1,902,699 2025 1,655,929 2026 751,351 2027 673,426 2028 595,038 Thereafter 415,419 Total remaining performance obligations $ 5,993,862
Summary of Company's Deferred Revenue	As of As of December 31, Foreign December 31, Description 2022 Acquisitions Additions Deductions Exchange 2023 Deferred revenue - current $ 71,624 $ 54,190 $ 1,064,968 $ ( 1,071,665 ) $ ( 125 ) $ 118,992 Deferred revenue - non-current 11,060 — — ( 10,388 ) — 672

RESTRUCTURING CHARGES (Tables)

RESTRUCTURING CHARGES (Tables)	12 Months Ended
	Dec. 31, 2023
RESTRUCTURING CHARGES [Abstract]
Summary of Changes in Company’s Restructuring Liability	Balance — December 31, 2022 $ — Restructuring charges (excluding share-based compensation expense) 21,459 Payments ( 11,734 ) Balance — December 31, 2023 $ 9,725

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	12 Months Ended
	Dec. 31, 2023
SEGMENT INFORMATION [Abstract]
Schedule of Revenue	Year Ended December 31, 2023 2022 2021 UFC $ 1,292,201 $ 1,140,147 $ 1,031,944 WWE 382,767 — — Total consolidated revenue $ 1,674,968 $ 1,140,147 $ 1,031,944
Schedule of Reconciliation of Segment Profitability	Year Ended December 31, 2023 2022 2021 UFC $ 755,664 $ 680,629 $ 573,669 WWE 162,981 — — Corporate ( 109,557 ) ( 51,919 ) ( 52,206 ) Total Adjusted EBITDA 809,088 628,710 521,463 Reconciling items: Equity losses of affiliates 266 209 — Interest expense, net ( 239,042 ) ( 139,567 ) ( 102,247 ) Depreciation and amortization ( 164,616 ) ( 60,032 ) ( 63,250 ) Equity-based compensation expense ( 57,109 ) ( 23,744 ) ( 63,855 ) Merger and acquisition costs ( 83,832 ) — — Certain legal costs ( 34,238 ) ( 753 ) ( 1,204 ) Restructuring, severance and impairment ( 21,459 ) — — Other adjustments ( 1,623 ) ( 1,274 ) ( 1,513 ) Income before income taxes and equity losses of affiliates $ 207,435 $ 403,549 $ 289,394
Schedule of Revenue by Major Geographic Region	Year Ended December 31, 2023 2022 2021 North America $ 1,280,727 $ 893,774 $ 814,492 Europe/Middle East/Africa 228,103 129,511 123,337 Asia Pacific 134,647 86,936 65,734 Latin America 31,491 29,926 28,381 Total revenue $ 1,674,968 $ 1,140,147 $ 1,031,944

LEASES (Tables)

LEASES (Tables)	12 Months Ended
	Dec. 31, 2023
LEASES [Abstract]
Summary of company’s operating and financing leases	Year Ended December 31, 2023 2022 2021 Lease costs Finance lease costs: Amortization of right-of-use assets $ 5,427 $ — $ — Interest on lease liabilities 5,997 — — Operating lease costs 4,525 1,158 3,040 Other short-term and variable lease costs 1,480 936 — Total lease costs $ 17,429 $ 2,094 $ 3,040 Other information Cash paid for amounts included in the measurement of lease liabilities: Operating cash flows from finance leases $ 4,945 $ — $ — Operating cash flows from operating leases $ 3,382 $ 1,748 $ 2,958 Finance cash flows from finance leases $ 938 $ — $ — Right-of-use assets obtained in exchange for new finance lease liabilities (1) $ 257,359 $ — $ — Right-of-use assets obtained in exchange for new operating lease liabilities (1) $ 14,630 $ 7,378 $ 370 As of December 31, December 31, 2023 2022 Weighted-average remaining lease term (in years) - finance leases 25.2 N/A Weighted-average remaining lease term (in years) - operating leases 8.9 10.9 Weighted-average discount rate - finance leases 8.1 % N/A Weighted-average discount rate - operating leases 6.9 % 6.3 % (1) The amounts for the year ended December 31, 2023 are primarily related to the assets acquired from WWE as discussed in Note 4, Acquisition of WWE .
Schedule of maturity of lease liabilities	Operating Finance Leases Leases 2024 $ 6,781 $ 27,554 2025 6,561 24,551 2026 6,332 24,644 2027 5,762 20,600 2028 4,329 19,536 Thereafter 20,401 498,572 Total future minimum lease payment 50,166 615,457 Less: imputed interest ( 13,009 ) ( 362,034 ) Present value of future minimum lease payments $ 37,157 $ 253,423

COMMITMENTS AND CONTINGENCIES (

COMMITMENTS AND CONTINGENCIES (Tables)	12 Months Ended
	Dec. 31, 2023
COMMITMENTS AND CONTINGENCIES [Abstract]
Schedule of Annual Commitments under Service Agreements	2024 $ 134,779 2025 133,501 2026 95,931 2027 72,499 2028 73,136 Thereafter 125,013 Total $ 634,859

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	12 Months Ended
	Dec. 31, 2023
RELATED PARTY TRANSACTIONS [Abstract]
Schedule of Related Party Transactions	EGH and its subsidiaries (collectively, the “Group”), who collectively own approximately 52.1 % of the voting interest in TKO as described in Note 1, Description of Business , provide various services to the Company and, upon consummation of the Transactions, such services are provided pursuant to the Services Agreement. Revenue and expenses associated with such services are as follows (in thousands): Year Ended December 31, 2023 2022 2021 Event and other licensing revenues earned from the Group $ 16,501 $ 10,743 $ 7,099 Expenses incurred with the Group included in direct operating costs (1) 21,780 17,489 13,426 Expenses incurred with the Group included in selling, general and administrative expenses (2) 24,981 25,370 25,350 Net expense resulting from Group transactions included within net income (loss) $ ( 30,260 ) $ ( 32,116 ) $ ( 31,677 ) (1) These expenses primarily consist of production and consulting services as well as commissions paid to the Group. (2) These expenses primarily consist of service fees paid to the Group. The Company believes that these service fees are a reasonable allocation of costs related to representation, executive leadership, back-office and corporate functions and other services provided by the Group. Outstanding amounts due to and from the Group were as follows (in thousands): As of December 31, Classification 2023 2022 Amounts due from the Group Other current assets $ 11,599 $ 23,838 Amounts due to the Group Other current liabilities ( 5,473 ) ( 7,631 )

DESCRIPTION OF BUSINESS (Narrat

DESCRIPTION OF BUSINESS (Narrative) (Details)	Sep. 12, 2023
EGH [Member] | TKO Group Holdings, Inc. [Member]
Description Of Business Disclosure [Line Items]
Non-economic voting interest	51%
Voting interest	51.90%
WWE [Member] | TKO Group Holdings, Inc. [Member]
Description Of Business Disclosure [Line Items]
Voting interest	49%
TKO [Member] | EGH [Member]
Description Of Business Disclosure [Line Items]
Non-economic voting interest	51%
TKO [Member] | WWE [Member]
Description Of Business Disclosure [Line Items]
Economic interest	100%
TKO OpCo [Member] | EGH [Member]
Description Of Business Disclosure [Line Items]
Economic interest	51%

SUMMARY OF SIGNIFICANT ACCOUN_4

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Narrative) (Details)		12 Months Ended
	Dec. 31, 2023 $ / shares	Dec. 31, 2023 USD ($) item $ / shares	Dec. 31, 2022 USD ($) item $ / shares	Dec. 31, 2021 USD ($) item	Sep. 12, 2023 $ / shares
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Realized and unrealized foreign currency transaction losses | $		$ 1,100,000	$ 1,300,000	$ 400,000
Revenue Benchmark [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Number of customers that accounted for more than 10% | item		1	1	1
Accounts Receivable [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Number of customers that accounted for more than 10% | item		0	2
Restricted Stock Units (RSUs) [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Vesting period		3 years
Performance Stock Units (PSUs) [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Vesting period		3 years
Variable Interest Entity, Primary Beneficiary [Member] | TKO OpCo [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Variable interest entity owned	47.90%
Common Class A [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Common stock, par value	$ 0.00001	$ 0.00001	$ 0.00001		$ 0.00001
Common Class A [Member] | WWE [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Common stock, par value	0.01	0.01
Common Class B [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Common stock, par value	$ 0.00001	$ 0.00001	$ 0.00001		$ 0.00001
Licensing Agreements [Member] | UFC Segment [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	3 years	3 years
Impairment charge | $		$ 0	$ 0	$ 0

SUMMARY OF SIGNIFICANT ACCOUN_5

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Estimated Useful Lives of Property And Equipment) (Details)	12 Months Ended
	Dec. 31, 2023
Buildings [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives (in years)	35 years
Buildings [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives (in years)	40 years
Leasehold Improvements [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives	Lesser of useful life or lease term
Furniture, Fixtures, Office and Other Equipment [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives (in years)	2 years
Furniture, Fixtures, Office and Other Equipment [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives (in years)	28 years 6 months
Production Equipment [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives (in years)	3 years
Production Equipment [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives (in years)	7 years
Computer Hardware And Software [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives (in years)	2 years
Computer Hardware And Software [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Property and Equipment Useful Lives (in years)	5 years

SUMMARY OF SIGNIFICANT ACCOUN_6

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Estimated Useful Lives of Finite-lived Intangible Assets) (Details)	Dec. 31, 2023	Dec. 31, 2022
Trademarks and Trade Names [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	22 years 9 months 18 days	18 years
Trademarks and Trade Names [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	2 years
Trademarks and Trade Names [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	26 years
Customer relationships [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	5 years 6 months	4 years 6 months
Customer relationships [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	2 years
Customer relationships [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	22 years
Internally Developed Technology [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	2 years
Internally Developed Technology [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	15 years
Other [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	3 years 4 months 24 days	2 years 10 months 24 days
Other [Member] | Minimum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	2 years
Other [Member] | Maximum [Member]
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES [Line Items]
Estimated useful life (in years)	12 years

ACQUISITION OF WWE (Narrative)

ACQUISITION OF WWE (Narrative) (Details) - USD ($) $ in Thousands		8 Months Ended	12 Months Ended
	Sep. 12, 2023	Aug. 31, 2023	Dec. 31, 2023
Business Acquisition [Line Items]
Consideration transferred, value of shares			$ 8,111,055
Nonrecurring transaction costs		$ 187,300	271,100
EGH [Member] | TKO OpCo [Member]
Business Acquisition [Line Items]
Economic interest	51%
TKO [Member] | TKO OpCo [Member]
Business Acquisition [Line Items]
Economic interest	49%
WWE [Member]
Business Acquisition [Line Items]
Finite-lived intangible assets, weighted average life	20 years 3 months 18 days
Transaction costs			$ 83,800
Consideration transferred	$ 8,432,100
Nonredeemable non-controlling interest	4,521,800
Deferred consideration	$ 321,000
WWE [Member] | Common Class A [Member]
Business Acquisition [Line Items]
Consideration transferred, shares	83,161,123
Consideration transferred, value of shares	$ 8,061,800
WWE [Member] | Replacement Awards [Member]
Business Acquisition [Line Items]
Consideration transferred, value of shares	$ 49,300
TKO Group Holdings, Inc. [Member] | EGH [Member]
Business Acquisition [Line Items]
Non-economic voting interest	51%
Voting interest	51.90%
Trademarks and Trade Names [Member] | WWE [Member]
Business Acquisition [Line Items]
Finite-lived intangible assets, weighted average life	25 years
Customer relationships [Member] | WWE [Member]
Business Acquisition [Line Items]
Finite-lived intangible assets, weighted average life	11 years 3 months 18 days
Other [Member] | WWE [Member]
Business Acquisition [Line Items]
Finite-lived intangible assets, weighted average life	3 years 7 months 6 days

ACQUISITION OF WWE (Schedule of

ACQUISITION OF WWE (Schedule of Preliminary Allocation of Purchase Price) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Sep. 12, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Goodwill	$ 7,666,485		$ 2,602,639
WWE [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
Goodwill		5,063,774
Finance lease right of use assets		257,359
Operating lease right of use assets		12,337
Investments		12,007
Other assets		25,928
Deferred tax liabilities		(379,508)
Accounts payable and accrued liabilities		(124,280)
Current portion of long-term debt		(16,934)
Deferred revenue		(54,190)
Finance lease liabilities		(255,940)
Operating lease liabilities		(12,224)
Other long-term liabilities		(2,527)
Additional paid-in-capital		(283,591)
Net assets acquired		8,432,061
WWE [Member] | Trademarks and Trade Names [Member]
Business Acquisition [Line Items]
Intangible assets		2,188,200
WWE [Member] | Customer relationships [Member]
Business Acquisition [Line Items]
Intangible assets		899,700
WWE [Member] | Other [Member]
Business Acquisition [Line Items]
Intangible assets		$ 128,300

ACQUISITION OF WWE (Schedule _2

ACQUISITION OF WWE (Schedule of Supplemental Financial Information of Acquiree) (Details) - USD ($) $ in Thousands	4 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Business Acquisition [Line Items]
Revenue		$ 1,674,968	$ 1,140,147	$ 1,031,944
Net loss	$ (35,227)	$ (35,227)
WWE [Member]
Business Acquisition [Line Items]
Revenue	382,767
Net loss	$ (73,279)

ACQUISITION OF WWE (Schedule _3

ACQUISITION OF WWE (Schedule of Supplemental Pro Forma Financial Information) (Details) - WWE [Member] - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
Business Acquisition [Line Items]
Pro forma revenue	$ 2,618,567	$ 2,431,670
Pro forma net income	$ 241,526	$ 60,611

SUPPLEMENTARY DATA (Narrative)

SUPPLEMENTARY DATA (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
SUPPLEMENTARY DATA [Abstract]
Percentage of released films to be amortized	74%
Depreciation expense	$ 29.9	$ 13.3	$ 12.9
Completed but not released content costs, monetized individually, estimated amortization period	12 months
In release content costs, monetized individually, estimated amortization period	3 years
In release content costs, monetized as a film group, estimated amortization period	3 years

SUPPLEMENTARY DATA (Summary Pro

SUPPLEMENTARY DATA (Summary Property and equipment) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, gross	$ 696,733	$ 233,748
Less: accumulated depreciation and amortization	(88,317)	(58,700)
Total property, buildings and equipment, net	608,416	175,048
Building and Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, gross	394,481	116,863
Land and Land Improvements [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, gross	80,919	50,539
Furniture and Fixtures [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, gross	74,862	47,652
Office, Computer and Other Equipment [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, gross	126,082	11,641
Construction in Progress [Member]
Property, Plant and Equipment [Line Items]
Property, buildings and equipment, gross	$ 20,389	$ 7,053

SUPPLEMENTARY DATA (Summary of

SUPPLEMENTARY DATA (Summary of Allowance for Doubtful Accounts) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
SUPPLEMENTARY DATA [Abstract]
Balance at Beginning of Year	$ 2,355	$ 479	$ 1,323
Charged to Costs and Expenses	1,749	2,176	(778)
Deductions	(3,010)	(295)	(68)
Foreign Exchange	(1)	(5)	2
Balance at End of Year	1,093	2,355	479
Balance at Beginning of Year	94	1,849	1,270
Charged to Costs and Expenses	15,604	17	579
Deductions		(1,771)
Foreign Exchange	(9)	(1)
Balance at End of Year	$ 15,689	$ 94	$ 1,849

SUPPLEMENTARY DATA (Summary o_2

SUPPLEMENTARY DATA (Summary of Unamortized Content Costs) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
SUPPLEMENTARY DATA [Abstract]
Predominantly Monetized Individually, In release	$ 1,410
Predominantly Monetized Individually, Completed but not released	2,045
Predominantly Monetized Individually, In production	1,350
Predominantly Monetized Individually, Total film and television costs	4,805
Predominantly Monetized as a Film Group, Licensed and acquired program rights	21,413	$ 20,548
Predominantly Monetized as a Film Group, In release	2,049	5,699
Predominantly Monetized as a Film Group, In production	819	557
Predominantly Monetized as a Film Group, Total film and television costs	$ 24,281	$ 26,804

SUPPLEMENTARY DATA (Summary o_3

SUPPLEMENTARY DATA (Summary of Amortization of Content Costs) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
SUPPLEMENTARY DATA [Abstract]
Content production amortization expense - assets monetized individually	$ 5,028
Content production amortization expense - assets monetized as a film group	18,770	$ 14,535	$ 9,910
Total amortization and impairment of content costs	$ 23,798	$ 14,535	$ 9,910

SUPPLEMENTARY DATA (Summary o_4

SUPPLEMENTARY DATA (Summary of Other Current Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
SUPPLEMENTARY DATA [Abstract]
Prepaid taxes	$ 57,885	$ 6,727
Amounts due from the Group (Note 22)	11,599	23,838
Prepaid insurance	8,145	1,570
Assets held for sale	7,500
Other	36,026	10,143
Total	$ 121,155	$ 42,278

SUPPLEMENTARY DATA (Summary o_5

SUPPLEMENTARY DATA (Summary of Accrued Liabilities) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
SUPPLEMENTARY DATA [Abstract]
Payroll-related costs	$ 100,982	$ 27,271
Event and production-related costs	51,015	28,759
Interest	41,634	35,502
Accrued capital expenditures	29,550	1,672
Legal and professional fees	18,730	2,915
Other	25,452	12,070
Total accrued liabilities	$ 267,363	$ 108,189

GOODWILL AND INTANGIBLE ASSET_2

GOODWILL AND INTANGIBLE ASSETS (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
GOODWILL AND INTANGIBLE ASSETS [Abstract]
Intangible asset amortization expense	$ 129.3	$ 46.7	$ 50.4
Goodwill impairment loss	$ 0	$ 0

GOODWILL AND INTANGIBLE ASSET_3

GOODWILL AND INTANGIBLE ASSETS (Summary of Changes in the Carrying Value of Goodwill) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
GOODWILL AND INTANGIBLE ASSETS [Line Items]
Balance - December 31, 2022	$ 2,602,639
Acquisitions	5,063,774
Foreign exchange	72
Balance - December 31, 2023	7,666,485
UFC Segment [Member]
GOODWILL AND INTANGIBLE ASSETS [Line Items]
Balance - December 31, 2022	2,602,639
Balance - December 31, 2023	2,602,639
WWE Segment [Member]
GOODWILL AND INTANGIBLE ASSETS [Line Items]
Acquisitions	5,063,774
Foreign exchange	72
Balance - December 31, 2023	$ 5,063,846

GOODWILL AND INTANGIBLE ASSET_4

GOODWILL AND INTANGIBLE ASSETS (Summary of Company's Identifiable Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
Gross Amount	$ 4,291,474	$ 1,074,370
Accumulated Amortization	(727,811)	(598,605)
Carrying Value	$ 3,563,663	$ 475,765
Trademarks and Trade Names [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	22 years 9 months 18 days	18 years
Gross Amount	$ 2,891,826	$ 703,626
Accumulated Amortization	(314,685)	(249,085)
Carrying Value	$ 2,577,141	$ 454,541
Customer relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	5 years 6 months	4 years 6 months
Gross Amount	$ 1,254,210	$ 354,510
Accumulated Amortization	(388,640)	(337,379)
Carrying Value	$ 865,570	$ 17,131
Other [Member]
Finite-Lived Intangible Assets [Line Items]
Weighted Average Estimated Useful Life (in years)	3 years 4 months 24 days	2 years 10 months 24 days
Gross Amount	$ 145,438	$ 16,234
Accumulated Amortization	(24,486)	(12,141)
Carrying Value	$ 120,952	$ 4,093

GOODWILL AND INTANGIBLE ASSET_5

GOODWILL AND INTANGIBLE ASSETS (Aggregate Amount of Amortization of Intangible Assets) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Finite-Lived Intangible Assets [Line Items]
2024	$ 297,138
2025	243,562
2026	233,480
2027	216,071
2028	200,183
Thereafter	2,373,229
Total remaining amortization	3,563,663	$ 475,765
UFC Segment [Member]
Finite-Lived Intangible Assets [Line Items]
2024	47,104
2025	44,342
2026	39,855
2027	39,290
2028	39,177
Thereafter	220,009
Total remaining amortization	429,777
WWE Segment [Member]
Finite-Lived Intangible Assets [Line Items]
2024	250,034
2025	199,220
2026	193,625
2027	176,781
2028	161,006
Thereafter	2,153,220
Total remaining amortization	$ 3,133,886

INVESTMENTS (Narrative) (Detail

INVESTMENTS (Narrative) (Details) - USD ($)	1 Months Ended	12 Months Ended
	Aug. 31, 2022	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INVESTMENTS [Line Items]
Equity losses of affiliates, net of tax		$ (266,000)	$ (209,000)
Equity method investments		3,775,000	4,917,000
Impairment charges on investments		0	0	$ 0
Observable price change upward price adjustment		$ 0	0	$ 0
Monkey Spirit, LLC [Member]
INVESTMENTS [Line Items]
Company's ownership of its equity method investments		7%
Equity losses of affiliates, net of tax		$ (900,000)	(100,000)
Equity method investments		3,300,000	4,200,000
Howler Head [Member]
INVESTMENTS [Line Items]
Cumulative catch-up entry recorded to revenue	$ 1,000,000
Cumulative catch-up entry recorded to deferred revenue	2,000,000
Howler Head [Member] | Level III [Member]
INVESTMENTS [Line Items]
Equity investment	$ 3,000,000
Other Equity Investments [Member]
INVESTMENTS [Line Items]
Equity losses of affiliates, net of tax		600,000	200,000
Equity method investments		500,000	$ 700,000
Distributions received from other equity method investments		$ 800,000

INVESTMENTS (Summary of Investm

INVESTMENTS (Summary of Investments) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
INVESTMENTS [Abstract]
Equity method investments	$ 3,775	$ 4,917
Nonmarketable equity investments without readily determinable fair values	12,617	499
Total investment securities	$ 16,392	$ 5,416

DEBT (Narrative) (Details)

DEBT (Narrative) (Details) - USD ($)	1 Months Ended					12 Months Ended
	Dec. 31, 2023	Nov. 30, 2023	Jun. 30, 2023	May 31, 2023	Apr. 30, 2023	Dec. 31, 2023	Dec. 31, 2022
DEBT [Line Items]
Net long-term deferred income tax liabilities	$ 371,201,000					$ 371,201,000	$ (569,000)
Long-term debt	2,736,315,000					2,736,315,000	2,758,998,000
Cash and cash equivalents	235,839,000					$ 235,839,000	180,574,000
Dividends paid						$ 3.86
Revolving Credit Facility [Member]
DEBT [Line Items]
Maximum borrowing capacity	205,000,000					$ 205,000,000
Threshold Amount of Outstanding Letters of Credit Not Cash Collateralized	10,000,000					10,000,000
Line of credit	0					0	0
Borrowings from line of credit		$ 100,000,000				$ 100,000,000
Repayments of line of credit	100,000,000
Revolving Credit Facility [Member] | Maximum [Member]
DEBT [Line Items]
Variable rate					3%
Commitment fee percentage						0.50%
Revolving Credit Facility [Member] | Minimum [Member]
DEBT [Line Items]
Variable rate					2.75%
Commitment fee percentage						0.25%
2016 Credit Facilities [Member]
DEBT [Line Items]
Outstanding letters of credit	0					$ 0	0
Minimum leverage ratio required						5
Line of credit	2,700,000,000					$ 2,700,000,000	2,800,000,000
Debt instrument, maturity date						Oct. 29, 2024
Percentage of revolving commitments						35%
Swingline loan maximum amount	$ 15,000,000					$ 15,000,000
2016 Credit Facilities [Member] | Maximum [Member]
DEBT [Line Items]
Debt service leverage ratio						6.5
First Lien Term Loan (due April 2026) [Member]
DEBT [Line Items]
Line of credit maturity date						April 2026
Percentage of principal amortization payable in equal quarterly installments						1%
Effective rate	8.40%					8.40%
3.375% Convertible Notes due 2023 [Member]
DEBT [Line Items]
Interest rate	3.375%					3.375%
Convertible rate of shares	41.6766					41.6766
Convertible rate per principal amount	$ 1,000					$ 1,000
Conversion price per share	$ 23.99					$ 23.99
Shares issued upon conversion						176,079
3.375% Convertible Notes due 2023 [Member] | Maximum [Member]
DEBT [Line Items]
Converted amount						$ 4,200,000
Repayment of debt						100,000
Secured Commercial Loans [Member]
DEBT [Line Items]
Long-term debt	$ 31,900,000					$ 31,900,000	$ 33,500,000
Debt instrument, maturity date						Nov. 01, 2028
Debt service coverage ratio						1.15
Letter of credit
DEBT [Line Items]
Maximum borrowing capacity	$ 40,000,000					$ 40,000,000
LIBOR [Member] | Secured Commercial Loans [Member]
DEBT [Line Items]
Variable rate						1.62%
Floor rate						0.88
SOFR [Member] | First Lien Term Loan (due April 2026) [Member] | Maximum [Member]
DEBT [Line Items]
Variable rate			3%
SOFR [Member] | First Lien Term Loan (due April 2026) [Member] | Minimum [Member]
DEBT [Line Items]
Variable rate			2.75%
SOFR [Member] | Secured Commercial Loans [Member]
DEBT [Line Items]
Percentage of principal amortization payable in monthly installments				4%
Variable rate				1.70%

DEBT (Summary of Outstanding De

DEBT (Summary of Outstanding Debt) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
DEBT [Line Items]
Total principal	$ 2,760,633	$ 2,793,234
Unamortized discount	(8,367)	(11,791)
Unamortized issuance costs	(15,951)	(22,445)
Total debt	2,736,315	2,758,998
Less: Current portion of long-term debt	(22,367)	(22,683)
Total long-term debt	2,713,948	2,736,315
First Lien Term Loan (due April 2026) [Member]
DEBT [Line Items]
Total principal	$ 2,728,766	2,759,767
Line of credit maturity date	April 2026
Secured Commercial Loans [Member]
DEBT [Line Items]
Total principal	$ 31,867	33,467
Total debt	$ 31,900	$ 33,500
3.375% Convertible Notes due 2023 [Member]
DEBT [Line Items]
Interest rate	3.375%

DEBT - Schedule of Maturities o

DEBT - Schedule of Maturities of Debt (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
DEBT [Abstract]
2024	$ 32,600
2025	32,600
2026	2,668,366
2027	1,600
2028	25,467
Total	$ 2,760,633	$ 2,793,234

FINANCIAL INSTRUMENTS (Narrativ

FINANCIAL INSTRUMENTS (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended	12 Months Ended
	Dec. 31, 2018	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Oct. 31, 2018
Secured Commercial Loans [Member]
FINANCIAL INSTRUMENTS [Line Items]
Fixed rate		4.99%
Effective rate		7.04%
Change in fair value of swap’s liability included in accumulated other comprehensive income		$ 0.3	$ (4.9)	$ (2.5)
Interest Rate Cash Flow Hedge Gain (Loss) Reclassified to Earnings, Net		$ 0.3	0.3	$ 0.3
Secured Commercial Loans [Member] | SOFR [Member]
FINANCIAL INSTRUMENTS [Line Items]
Variable rate		1.70%
Secured Commercial Loans [Member] | Level II [Member]
FINANCIAL INSTRUMENTS [Line Items]
Interest rate swaps		$ 0.3	$ 0.6
4.99% Interest Rate Swap [Member]
FINANCIAL INSTRUMENTS [Line Items]
Fixed rate	4.99%
Effective rate	3.97%
Debt Instrument face amount					$ 40
4.99% Interest Rate Swap [Member] | LIBOR [Member]
FINANCIAL INSTRUMENTS [Line Items]
Variable rate	1.62%

STOCKHOLDERS__MEMBERS_ EQUITY (

STOCKHOLDERS’/MEMBERS’ EQUITY (Narrative) (Details) $ / shares in Units, $ in Thousands		1 Months Ended	12 Months Ended
	Nov. 09, 2023 $ / shares shares	Nov. 30, 2023 USD ($)	Dec. 31, 2023 USD ($) item $ / shares shares	Sep. 12, 2023 $ / shares shares	Dec. 31, 2022 $ / shares shares
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Preferred stock, shares authorized				1,000,000,000
Preferred stock, par value | $ / shares				$ 0.00001
Repurchase amount of stock | $			$ 100,000
Cash contributions | $			$ 5,807
Common Class A [Member]
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Common stock, shares authorized			5,000,000,000	5,000,000,000	5,000,000,000
Common stock, par value | $ / shares			$ 0.00001	$ 0.00001	$ 0.00001
Common stock, number of votes per share | item			1
Common stock, shares issued			82,292,902		0
Common Class A [Member] | Secondary Offering [Member]
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Shares issued			0
Price per share | $ / shares			$ 76.41
Value of shares issued | $			$ 0
Shares repurchased			1,308,729
Repurchase amount of stock | $			$ 100,000
Common Class B [Member]
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Common stock, shares authorized			5,000,000,000	5,000,000,000	5,000,000,000
Common stock, par value | $ / shares			$ 0.00001	$ 0.00001	$ 0.00001
Common stock, shares issued			89,616,891		0
EGH [Member] | Common Class B [Member]
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Common stock, shares issued				89,616,891
WWE [Member] | Common Class A [Member]
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Common stock, par value | $ / shares			$ 0.01
Common stock, shares issued				83,161,123
Vincent K McMahon [Member]
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Cash contributions | $			$ 5,800
Non-cash capital contributions | $			9,000
Vincent K McMahon [Member] | Common Class A [Member] | Secondary Offering [Member]
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Shares issued	8,400,000
Price per share | $ / shares	$ 79.80
Revolving Credit Facility [Member]
STOCKHOLDERS’/MEMBERS’ EQUITY [Line Items]
Borrowings from line of credit | $		$ 100,000	$ 100,000

NON-CONTROLLING INTERESTS (Narr

NON-CONTROLLING INTERESTS (Narrative) (Details) - USD ($) $ in Millions	1 Months Ended
	Jul. 31, 2018	Dec. 31, 2023	Dec. 31, 2022
Noncontrolling Interest [Line Items]
Temporary equity, estimated redemption value		$ 11.2	$ 9.7
Russia Subsidiary [Member]
Noncontrolling Interest [Line Items]
Proceeds from noncontrolling interests	$ 9.7

NON-CONTROLLING INTERESTS (Chan

NON-CONTROLLING INTERESTS (Changes in Redeemable Non-controlling Interest) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022
NON-CONTROLLING INTERESTS [Abstract]
Balance	$ 9,908	$ 9,700
Net income attributable to non-controlling interest holders	1,686	1,747
Accretion		(1,539)
Balance	$ 11,594	$ 9,908

EARNINGS PER SHARE (Schedule of

EARNINGS PER SHARE (Schedule of Basic and Diluted Earnings Per Share and Weighted Average Shares Outstanding) (Details) - USD ($) $ / shares in Units, $ in Thousands	1 Months Ended	4 Months Ended	12 Months Ended
	Sep. 30, 2023	Dec. 31, 2023	Dec. 31, 2023
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net loss attributable to TKO Group Holdings, Inc.		$ (35,227)	$ (35,227)
Weighted average Class A Common Shares outstanding - Basic		82,808,019	82,808,019
Weighted average dilutive common shares outstanding		89,616,891	82,808,019
Basic net loss per share	$ (0.43)		$ (0.43)	[1]
Diluted net loss per share	$ (0.43)		$ (0.43)	[1]
Restricted Stock Units (RSUs) [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Securities that are anti-dilutive, awards		1,636,626
Performance Stock Units (PSUs) [Member]
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Securities that are anti-dilutive, awards		327,403
[1] Basic and diluted net loss per share of Class A common stock is applicable only for the period from September 12, 2023 through December 31, 2023, which is the period following the Transactions (as defined in Note 1 to the audited consolidated financial statements). See Note 12 for the calculation of the number of shares used in computation of net loss per share of Class A common stock and the basis for computation of net loss per share.

EQUITY-BASED COMPENSATION (Narr

EQUITY-BASED COMPENSATION (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($) item	Sep. 12, 2023 shares
Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	3 years
EGH 2021 Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	2 years
EGH 2021 Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years
TKO 2023 Plan [Member] | Common Class A [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Common stock shares reserved for future issuance | shares		10,000,000
TKO 2023 Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	6 months
TKO 2023 Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	4 years
TKO 2023 Plan [Member] | Restricted Stock Units (RSUs) [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of vesting installments | item	3
Incremental compensation expense due to modification | $	$ 0
Replacement Awards under WWE 2016 Plan [Member] | Minimum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	1 year
Replacement Awards under WWE 2016 Plan [Member] | Maximum [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Vesting period	5 years

EQUITY-BASED COMPENSATION (Sche

EQUITY-BASED COMPENSATION (Schedule of Equity-Based Compensation Expense) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation expense	$ 57,109	$ 23,744	$ 63,855
EGH 2021 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation expense	18,638	$ 23,744	$ 63,855
Replacement Awards under WWE 2016 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation expense	31,747
TKO 2023 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Equity-based compensation expense	$ 6,724

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, 2023 USD ($)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Costs	$ 137,531
EGH 2021 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Costs	$ 11,203
Period Remaining (in years)	1 year 9 months 25 days
Replacement Awards under WWE 2016 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Costs	$ 59,370
Period Remaining (in years)	2 years 3 months 18 days
TKO 2023 Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Unrecognized Compensation Costs	$ 66,958
Period Remaining (in years)	2 years 3 months 25 days

EQUITY-BASED COMPENSATION (Summ

EQUITY-BASED COMPENSATION (Summary of RSU Activity) (Details)	12 Months Ended
	Dec. 31, 2023 $ / shares shares
EGH 2021 Plan [Member] | Time Vested Restricted Stock Units [Member]
EQUITY-BASED COMPENSATION [Line Items]
Outstanding balances at beginning, Units | shares	604,875
Granted, Units | shares	309,284
Released, Units | shares	(297,131)
Forfeited, Units | shares	(11,418)
Outstanding balances at end, Units | shares	605,610
Outstanding balances at beginning, Weighted-Average Exercise Price | $ / shares	$ 29.57
Granted, Weighted-Average Exercise Price | $ / shares	21.77
Released, Weighted-Average Exercise Price | $ / shares	29.54
Forfeited, Weighted-Average Exercise Price | $ / shares	21.73
Outstanding balances at end, Weighted-Average Exercise Price | $ / shares	$ 25.74
EGH 2021 Plan [Member] | Market / Market and Time Vested RSUs [Member]
EQUITY-BASED COMPENSATION [Line Items]
Outstanding balances at beginning, Units | shares	5,115
Outstanding balances at end, Units | shares	5,115
Outstanding balances at beginning, Weighted-Average Exercise Price | $ / shares	$ 24.65
Outstanding balances at end, Weighted-Average Exercise Price | $ / shares	$ 24.65
Replacement Awards under WWE 2016 Plan [Member] | Restricted Stock Units (RSUs) [Member]
EQUITY-BASED COMPENSATION [Line Items]
Assumed from WWE, Units | shares	1,011,215
Vested, Units | shares	(209,982)
Forfeited, Units | shares	(146,581)
Dividend equivalents, Units | shares	46,438
Outstanding balances at end, Units | shares	701,090
Assumed from WWE, Weighted-Average Exercise Price | $ / shares	$ 100.65
Vested, Weighted-Average Exercise Price | $ / shares	100.65
Forfeited, Weighted-Average Exercise Price | $ / shares	100.65
Dividend equivalents, Weighted-Average Exercise Price | $ / shares	100.65
Outstanding balances at end, Weighted-Average Exercise Price | $ / shares	$ 100.65
TKO 2023 Plan [Member] | Restricted Stock Units (RSUs) [Member]
EQUITY-BASED COMPENSATION [Line Items]
Granted, Units | shares	935,536
Outstanding balances at end, Units | shares	935,536
Granted, Weighted-Average Exercise Price | $ / shares	$ 91.23
Outstanding balances at end, Weighted-Average Exercise Price | $ / shares	$ 91.23

EQUITY-BASED COMPENSATION (Su_2

EQUITY-BASED COMPENSATION (Summary of Stock Options Activity) (Detail) - Stock Options [Member]	12 Months Ended
	Dec. 31, 2023 $ / shares shares
EQUITY-BASED COMPENSATION [Line Items]
Outstanding balances at beginning, Units | shares	286,836
Granted, Units | shares
Exercised, Units | shares
Forfeited or expired, Units | shares
Outstanding balances at end, Units | shares	286,836
Vested and exercisable, Units | shares	162,452
Outstanding balances at beginning, Weighted-Average Exercise Price | $ / shares	$ 26.04
Granted, Weighted-Average Exercise Price | $ / shares
Exercised, Weighted-Average Exercise Price | $ / shares
Forfeited or expired, Weighted-Average Exercise Price | $ / shares
Outstanding balances at end, Weighted-Average Exercise Price | $ / shares	26.04
Vested and exercisable, Weighted-Average Exercise Price | $ / shares	$ 25.20

EQUITY-BASED COMPENSATION (Su_3

EQUITY-BASED COMPENSATION (Summary Of PSU Activity) (Details)	12 Months Ended
	Dec. 31, 2023 $ / shares shares
Time Vested PSUs [Member]
EQUITY-BASED COMPENSATION [Line Items]
Assumed from WWE, Units | shares	641,190
Vested, Units | shares	(54,478)
Forfeited, Units | shares	(272,297)
Dividend equivalents, Units | shares	12,988
Outstanding balances at end, Units | shares	327,403
Assumed from WWE, Weighted-Average Exercise Price | $ / shares	$ 100.65
Vested, Weighted-Average Exercise Price | $ / shares	100.65
Forfeited, Weighted-Average Exercise Price | $ / shares	83.75
Dividend equivalents, Weighted-Average Exercise Price | $ / shares	100.65
Outstanding balances at end, Weighted-Average Exercise Price | $ / shares	$ 93.84
Market / Market and Time Vested Performance Units [Member]
EQUITY-BASED COMPENSATION [Line Items]
Assumed from WWE, Units | shares	20,460
Forfeited, Units | shares	(20,460)
Assumed from WWE, Weighted-Average Exercise Price | $ / shares	$ 100.65
Forfeited, Weighted-Average Exercise Price | $ / shares	$ 100.65

EMPLOYEE BENEFITS (Narrative) (

EMPLOYEE BENEFITS (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
EMPLOYEE BENEFITS [Line Items]
Matching contributions of each participant’s contributions	50%
Employer matching contributions and discretionary contributions	$ 1.5	$ 0.8	$ 2.2
Zuffa Participants [Member]
EMPLOYEE BENEFITS [Line Items]
Eligible percentage of compensation by employee	5%
Zuffa Participants [Member] | Maximum [Member]
EMPLOYEE BENEFITS [Line Items]
Matching contribution percentage of compensation	2.50%
WWE Participants [Member]
EMPLOYEE BENEFITS [Line Items]
Eligible percentage of compensation by employee	6%
WWE Participants [Member] | Maximum [Member]
EMPLOYEE BENEFITS [Line Items]
Matching contribution percentage of compensation	3%

INCOME TAXES (Narrative) (Detai

INCOME TAXES (Narrative) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021	Sep. 12, 2023	Dec. 31, 2020
Operating Loss Carryforwards [Line Items]
Effective tax rate	15.20%	3.50%	5.40%
Increase (decrease) in valuation allowance	$ 15,600	$ (1,700)	$ 600
Interest and penalties related to uncertain tax benefits	200	100
Uncertain tax positions that would impact effective tax rate	500	1,000
Unrecognized tax benefits	5,494	880	$ 951		$ 2,720
Valuation allowances, deferred tax assets	15,689	94
Foreign [Member]
Operating Loss Carryforwards [Line Items]
Operating loss carryforwards, foreign	$ 12,100	$ 10,900
Operating loss carryforwards, expiration period	5 years
WWE [Member]
Operating Loss Carryforwards [Line Items]
Fair value step-up on acquired net assets				$ 3,300,000
Deferred tax liabilities				$ 379,508

INCOME TAXES - Schedule of Comp

INCOME TAXES - Schedule of Components of Income Before Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
INCOME TAXES [Abstract]
United States	$ 201,091	$ 399,244	$ 287,440
Foreign	6,344	4,305	1,954
Income before income taxes and equity losses of affiliates	$ 207,435	$ 403,549	$ 289,394

INCOME TAXES - Summary of Compo

INCOME TAXES - Summary of Components Benefit from Provision for Income Taxes (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Current:
U.S. federal, state and local	$ 5,739	$ 816	$ 315
Foreign	25,485	13,184	16,302
Total Current	31,224	14,000	16,617
Deferred:
U.S. federal, state and local	(54)	460	492
Foreign	276	(142)	(1,340)
Total Deferred	222	318	(848)
Total provision for income taxes	$ 31,446	$ 14,318	$ 15,769

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, 2023	Dec. 31, 2022	Dec. 31, 2021
INCOME TAXES [Abstract]
U.S. statutory federal income tax rate	21%
U.S. statutory federal income tax of 21%	$ 43,561	$ 84,743	$ 60,773
Partnership income not subject to tax	(48,535)	(83,839)	(60,363)
Tax impact of foreign operations	24,546	12,072	15,905
UK ORIP Tax	1,215	859	971
Provision to return		968	(998)
Permanent differences	345
Nondeductible officers compensation	4,465
Opening balance remeasurement	4,270
Valuation allowance	1	(1,756)	580
Unrecognized tax benefits	539	(4)	(1,894)
U.S. state and local taxes	864	1,275	795
Other	175
Total provision for income taxes	$ 31,446	$ 14,318	$ 15,769

INCOME TAXES - Summary of Princ

INCOME TAXES - Summary of Principal Components of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Deferred Tax Assets, Net [Abstract]
Compensation and severance	$ 14,244
Net operating loss, capital loss and tax credits carried forward	29,615	$ 2,203
Lease liability	34,481
Other	3,453	9
Total gross deferred tax assets	81,793	2,212
Less: valuation allowance	(15,689)	(94)
Net deferred tax assets	66,104	2,118
Deferred Tax Liabilities, Gross [Abstract]
Property, buildings, and equipment	(33,995)
Intangible assets	(365,751)
Lease asset	(34,522)
Investments	(592)
Deferred state tax liability	(2,445)	(1,549)
Net deferred tax liabilities	(437,305)	(1,549)
Total net deferred tax (liabilities) assets	$ (371,201)	$ 569

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, 2023	Dec. 31, 2022	Dec. 31, 2021
INCOME TAXES [Abstract]
Beginning Balance	$ 880	$ 951	$ 2,720
Acquisitions	2,549
Gross increases	2,126
Gross decreases	(61)		(1,872)
Translation adjustments		(71)	103
Ending Balance	$ 5,494	$ 880	$ 951

REVENUE (Narrative) (Details)

REVENUE (Narrative) (Details) - USD ($)	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
REVENUE [Abstract]
Revenue from prior period performance obligations	$ 0	$ 0	$ 0

REVENUE (Summary of Company's R

REVENUE (Summary of Company's Revenue Disaggregated by Primary Revenue Sources) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Disaggregation of Revenue [Line Items]
Revenue	$ 1,674,968	$ 1,140,147	$ 1,031,944
Revenue, Remaining Performance Obligation, Amount	5,993,862
UFC Segment [Member]
Disaggregation of Revenue [Line Items]
Revenue	1,292,201	1,140,147	1,031,944
UFC Segment [Member] | Media Rights and Content [Member]
Disaggregation of Revenue [Line Items]
Revenue	870,551	794,397	768,370
UFC Segment [Member] | Live Events [Member]
Disaggregation of Revenue [Line Items]
Revenue	167,942	125,271	105,833
UFC Segment [Member] | Sponsorship [Member]
Disaggregation of Revenue [Line Items]
Revenue	196,296	166,845	132,240
UFC Segment [Member] | Consumer Products Licensing [Member]
Disaggregation of Revenue [Line Items]
Revenue	57,412	$ 53,634	$ 25,501
WWE Segment [Member]
Disaggregation of Revenue [Line Items]
Revenue	382,767
WWE Segment [Member] | Media Rights and Content [Member]
Disaggregation of Revenue [Line Items]
Revenue	249,496
WWE Segment [Member] | Live Events [Member]
Disaggregation of Revenue [Line Items]
Revenue	87,705
WWE Segment [Member] | Sponsorship [Member]
Disaggregation of Revenue [Line Items]
Revenue	17,957
WWE Segment [Member] | Consumer Products Licensing [Member]
Disaggregation of Revenue [Line Items]
Revenue	$ 27,609

REVENUE (Summary of Remaining P

REVENUE (Summary of Remaining Performance Obligation for Contracts Greater Than One Year) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 5,993,862
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 1,902,699
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 1,655,929
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 751,351
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2027-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 673,426
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2028-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 595,038
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2029-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue, remaining performance obligation, amount	$ 415,419
Revenue, remaining performance obligation, expected timing of satisfaction, period	1 year

REVENUE (Summary of Company's D

REVENUE (Summary of Company's Deferred Revenue) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
Contract with Customer, Liability [Abstract]
Beginning Balance	$ 71,624
Acquisitions	54,190
Additions	1,064,968
Deductions	(1,071,665)
Foreign Exchange	(125)
Ending Balance	118,992
Beginning Balance	11,060
Deductions	(10,388)
Ending Balance	$ 672

RESTRUCTURING CHARGES (Narrativ

RESTRUCTURING CHARGES (Narrative) (Details) $ in Millions	12 Months Ended
	Dec. 31, 2023 USD ($)
RESTRUCTURING CHARGES [Abstract]
Restructuring charges including equity-based compensation expenses	$ 41.4
Equity-based compensation expenses included in restructuring charges	$ 19.9

RESTRUCTURING CHARGES (Summary

RESTRUCTURING CHARGES (Summary of changes in company's restructuring liability) (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2023 USD ($)
RESTRUCTURING CHARGES [Abstract]
Balance
Restructuring charges (excluding share-based compensation expense)	21,459
Payments	(11,734)
Balance	$ 9,725

CONTENT PRODUCTION (Narrative)

CONTENT PRODUCTION (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
CONTENT PRODUCTION INCENTIVES [Abstract]
Content production incentives	$ 13.1	$ 0	$ 0

SEGMENT INFORMATION (Narrative)

SEGMENT INFORMATION (Narrative) (Details)	4 Months Ended
	Dec. 31, 2023 segment
SEGMENT INFORMATION [Abstract]
Number of reportable segments	2

SEGMENT INFORMATION (Schedule o

SEGMENT INFORMATION (Schedule of Revenue) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue, Major Customer [Line Items]
Revenues	$ 1,674,968	$ 1,140,147	$ 1,031,944
UFC Segment [Member]
Revenue, Major Customer [Line Items]
Revenues	1,292,201	1,140,147	1,031,944
WWE Segment [Member]
Revenue, Major Customer [Line Items]
Revenues	382,767
Operating Segments [Member] | UFC Segment [Member]
Revenue, Major Customer [Line Items]
Revenues	1,292,201	$ 1,140,147	$ 1,031,944
Operating Segments [Member] | WWE Segment [Member]
Revenue, Major Customer [Line Items]
Revenues	$ 382,767

SEGMENT INFORMATION (Schedule_2

SEGMENT INFORMATION (Schedule of Reconciliation of Segment Profitability) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ 809,088	$ 628,710	$ 521,463
Equity losses of affiliates	266	209
Depreciation and amortization	(164,616)	(60,032)	(63,250)
Restructuring, severance and impairment	(41,400)
Other adjustments	(186)	(1,271)	504
Income before income taxes and equity losses of affiliates	207,435	403,549	289,394
Operating Segments [Member] | UFC Segment [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	755,664	680,629	573,669
Operating Segments [Member] | WWE Segment [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	162,981
Reconciling Items [Member]
Segment Reporting Information [Line Items]
Equity losses of affiliates	266	209
Interest expense, net	(239,042)	(139,567)	(102,247)
Depreciation and amortization	(164,616)	(60,032)	(63,250)
Equity-based compensation expense	(57,109)	(23,744)	(63,855)
Merger and acquisition costs	(83,832)
Certain legal costs	(34,238)	(753)	(1,204)
Restructuring, severance and impairment	(21,459)
Other adjustments	(1,623)	(1,274)	(1,513)
Corporate [Member]
Segment Reporting Information [Line Items]
Adjusted EBITDA	$ (109,557)	$ (51,919)	$ (52,206)

SEGMENT INFORMATION (Schedule_3

SEGMENT INFORMATION (Schedule of Revenue by Geographic Region) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Revenue, Major Customer [Line Items]
Revenues	$ 1,674,968	$ 1,140,147	$ 1,031,944
North America [Member]
Revenue, Major Customer [Line Items]
Revenues	1,280,727	893,774	814,492
Europe/Middle East/Africa [Member]
Revenue, Major Customer [Line Items]
Revenues	228,103	129,511	123,337
Asia Pacific [Member]
Revenue, Major Customer [Line Items]
Revenues	134,647	86,936	65,734
Latin America [Member]
Revenue, Major Customer [Line Items]
Revenues	$ 31,491	$ 29,926	$ 28,381

LEASES (Narrative) (Details)

LEASES (Narrative) (Details)	12 Months Ended
	Dec. 31, 2023
Minimum [Member] | Real Estate Assets [Member]
LEASES [Line Items]
Lessee, Remaining Lease Term	1 year
Minimum [Member] | Equipment [Member]
LEASES [Line Items]
Lessee, Remaining Lease Term	1 year
Maximum [Member] | Real Estate Assets [Member]
LEASES [Line Items]
Lessee, Remaining Lease Term	27 years
Maximum [Member] | Equipment [Member]
LEASES [Line Items]
Lessee, Remaining Lease Term	6 years

LEASES (Summary of Company's Fi

LEASES (Summary of Company's Finance and Operating Leases) (Details) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
LEASES [Abstract]
Non-cash lease expense	$ 5,427
Interest on lease liabilities	5,997
Operating lease costs	4,525	$ 1,158	$ 3,040
Other short-term and variable lease costs	1,480	936
Total lease costs	17,429	2,094	3,040
Operating cash flows from finance leases	4,945
Operating cash flows from operating leases	3,382	1,748	2,958
Finance cash flows from finance leases	938
Right-of-use assets obtained in exchange for new finance lease liabilities	257,359
Right-of-use assets obtained in exchange for new operating lease liabilities	$ 14,630	$ 7,378	$ 370
Weighted-average remaining lease term (in years) - finance leases	25 years 2 months 12 days
Weighted-average remaining lease term (in years) - operating leases	8 years 10 months 24 days	10 years 10 months 24 days
Weighted-average discount rate - finance leases	8.10%
Weighted-average discount rate - operating leases	6.90%	6.30%

LEASES (Summary of Maturity of

LEASES (Summary of Maturity of Lease Liabilities) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
Operating Leases
2024	$ 6,781
2025	6,561
2026	6,332
2027	5,762
2028	4,329
Thereafter	20,401
Total future minimum lease payment	50,166
Less: imputed interest	(13,009)
Present value of future minimum lease payments	37,157
Finance Leases
2024	27,554
2025	24,551
2026	24,644
2027	20,600
2028	19,536
Thereafter	498,572
Total future minimum lease payment	615,457
Less: imputed interest	(362,034)
Present value of future minimum lease payments	$ 253,423

COMMITMENTS AND CONTINGENCIES_2

COMMITMENTS AND CONTINGENCIES (Narrative) (Details) $ in Millions		4 Months Ended
	Dec. 22, 2022 USD ($)	Mar. 31, 2015 item
COMMITMENTS AND CONTINGENCIES [Abstract]
Number of class action lawsuits		5
Number of former fighters with class-action lawsuits		11
Agreed amount to be paid under settlement | $	$ 20

COMMITMENTS AND CONTINGENCIES_3

COMMITMENTS AND CONTINGENCIES (Schedule of Annual Commitments) (Details) $ in Thousands	Dec. 31, 2023 USD ($)
COMMITMENTS AND CONTINGENCIES [Abstract]
2024	$ 134,779
2025	133,501
2026	95,931
2027	72,499
2028	73,136
Thereafter	125,013
Total	$ 634,859

RELATED PARTY TRANSACTIONS (Nar

RELATED PARTY TRANSACTIONS (Narrative) (Details) - USD ($) $ in Millions	4 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Vincent K McMahon [Member]
Related Party Transaction [Line Items]
Acquisition related liabilities owed to certain counterparties	$ 3.5	$ 3.5
Probable future payments	3.5
Payments related to lease	$ 3.5
Liabilities paid directly by related party		2
Proceeds from reimbursement of costs		5.8
EGH And Its Subsidiaries [Member]
Related Party Transaction [Line Items]
Reimbursed costs		$ 9.3	$ 5.4	$ 4.7
EGH And Its Subsidiaries [Member] | TKO Group Holdings, Inc. [Member]
Related Party Transaction [Line Items]
Company's ownership interest percentage	52.10%	52.10%
Accrued Expenses [Member] | Vincent K McMahon [Member]
Related Party Transaction [Line Items]
Liabilities related to future payments owed	$ 1.5	$ 1.5

RELATED PARTY TRANSACTIONS (Sum

RELATED PARTY TRANSACTIONS (Summary of Provided Services) (Details) - USD ($) $ in Thousands	4 Months Ended	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Related Party Transaction [Line Items]
Revenues		$ 1,674,968	$ 1,140,147	$ 1,031,944
Direct operating costs		514,598	325,586	335,604
Selling, general and administrative expenses		549,091	210,142	241,953
Net loss	$ (35,227)	(35,227)
EGH And Its Subsidiaries [Member] | Event And Other Licensing Revenues Earned From The Group [Member]
Related Party Transaction [Line Items]
Revenues		16,501	10,743	7,099
EGH And Its Subsidiaries [Member] | Expenses Incurred with the Group Included in Direct Operating Costs [Member]
Related Party Transaction [Line Items]
Direct operating costs		21,780	17,489	13,426
EGH And Its Subsidiaries [Member] | Expenses Incurred with the Group Included in Selling, General and Administrative Expenses [Member]
Related Party Transaction [Line Items]
Selling, general and administrative expenses		24,981	25,370	25,350
EGH And Its Subsidiaries [Member] | Income (Expense) Included within Net Income [Member]
Related Party Transaction [Line Items]
Net loss		$ (30,260)	$ (32,116)	$ (31,677)

RELATED PARTY TRANSACTIONS (Out

RELATED PARTY TRANSACTIONS (Outstanding Amounts due to and from Related Party) (Details) - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Related Party Transaction [Line Items]
Other current assets	$ 121,155	$ 42,278
Other current liabilities	(8,997)	(9,048)
EGH And Its Subsidiaries [Member]
Related Party Transaction [Line Items]
Other current assets	11,599	23,838
Other current liabilities	$ (5,473)	$ (7,631)

Insider Trading Arrangements (D

Insider Trading Arrangements (Details)	3 Months Ended
	Dec. 31, 2023
Mark Shapiro [Member]
Insider Trading Arrangements [Line Items]
Trading Arrangement, Individual Name	Mark Shapiro
Trading Arrangement, Individual Title	President, Chief Operating Officer and member of the Board
Rule 10b5-1 Arrangement Adopted [Flag]	true
Trading Arrangement Adoption Date	November 14, 2023
Nick Khan [Member]
Insider Trading Arrangements [Line Items]
Trading Arrangement, Individual Name	Nick Khan
Trading Arrangement, Individual Title	member of the Board
Rule 10b5-1 Arrangement Adopted [Flag]	true
Trading Arrangement Adoption Date	November 14, 2023
Andrew Schleimer [Member]
Insider Trading Arrangements [Line Items]
Trading Arrangement, Individual Name	Andrew Schleimer
Trading Arrangement, Individual Title	Chief Financial Officer
Rule 10b5-1 Arrangement Adopted [Flag]	true
Trading Arrangement Adoption Date	November 14, 2023
Seth Krauss [Member]
Insider Trading Arrangements [Line Items]
Trading Arrangement, Individual Name	Seth Krauss
Trading Arrangement, Individual Title	Chief Legal and Administrative Officer
Rule 10b5-1 Arrangement Adopted [Flag]	true
Trading Arrangement Adoption Date	November 14, 2023
Shane Kapral [Member]
Insider Trading Arrangements [Line Items]
Trading Arrangement, Individual Name	Shane Kapral
Trading Arrangement, Individual Title	Chief Accounting Officer
Rule 10b5-1 Arrangement Adopted [Flag]	true
Trading Arrangement Adoption Date	November 14, 2023

Pay vs Performance Disclosure (

Pay vs Performance Disclosure (Details)	12 Months Ended
	Dec. 31, 2023 USD ($)
PEO
Pay vs Performance Disclosure [Line Items]
Adjustment to Compensation Amount	$ (8,333,838)
PEO | Amounts Reported Under The Stock Awards And Option Awards [Member]
Pay vs Performance Disclosure [Line Items]
Adjustment to Compensation Amount	(40,000,094)
PEO | Fair Value Of Awards Granted During Applicable FY That Remain Unvested [Member]
Pay vs Performance Disclosure [Line Items]
Adjustment to Compensation Amount	31,666,256
Non-PEO NEO
Pay vs Performance Disclosure [Line Items]
Adjustment to Compensation Amount	(471,675)
Non-PEO NEO | Amounts Reported Under The Stock Awards And Option Awards [Member]
Pay vs Performance Disclosure [Line Items]
Adjustment to Compensation Amount	(3,133,767)
Non-PEO NEO | Fair Value Of Awards Granted During Applicable FY That Remain Unvested [Member]
Pay vs Performance Disclosure [Line Items]
Adjustment to Compensation Amount	$ 2,662,091

Pay vs Performance Disclosure

Pay vs Performance Disclosure	4 Months Ended	12 Months Ended
	Dec. 31, 2023 USD ($)	Dec. 31, 2023 USD ($) item
Pay vs Performance Disclosure
Pay vs Performance Disclosure, Table		Pay Versus Performance Table The following table sets forth information concerning the compensation provided to our NEOs and certain measures of Company performance in the year ended December 31, 2023, for services to the Company in all capacities. Fiscal Year Summary Compensation Table Total for PEO ($) Compensation Actually Paid to PEO ($) (1) (2) (3) Average Summary Compensation Table Total for Non-PEO NEOs ($) Average Compensation Actually Paid to Non-PEO NEOs ($) (1) (2) (3) Value of Initial Fixed $100 Investment Based on: Net Income ($) Adjusted EBITDA ($) Total Shareholder Return ($) (4) Peer Group Index Total Shareholder Return ($) (4) 2023 64,912,560 56,578,222 8,435,228 7,963,553 82.19 107.00 175,722,864 809,087,712 (1) Amounts represent compensation actually paid (“CAP”) to our CEO, who was our Principal Executive Officer or “PEO” for fiscal year 2023, and the average CAP to our remaining NEOs or “Non-PEO NEOs” for fiscal year 2023, as determined under SEC rules, which includes the individuals indicated below for fiscal year 2023: Year PEO Non-PEO NEOs 2023 Ariel Emanuel Mark Shapiro, Andrew Schleimer and Seth Krauss (2) Amounts represent the Summary Compensation Table Total Compensation for the applicable fiscal year adjusted as follows: Applicable Fiscal Year (“FY”) 2023 PEO Average non-PEO NEOs Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY ( 40,000,094 ) ( 3,133,767 ) Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End 31,666,256 2,662,091 Total Adjustments ( 8,333,838 ) ( 471,675 ) (3) The fair values of restricted stock units included in the CAP to our PEO and the Average CAP to our Non-PEO NEOs are calculated at the required measurement dates, consistent with the approach used to value the awards at the grant date as described in this Annual Report. Any changes to the fair values of our restricted stock units from the grant date are based on our updated stock price at the applicable measurement date. For the year presented, the increases or decreases in the year-end restricted stock unit fair value from the fair value on the grant date were affected by changes in the stock price. For additional information on the assumptions used to calculate the valuation of the awards, see Note 13 to our audited consolidated financial statements included herein. (4) Reflects the period from commencing on September 12, 2023, the date of consummation of the Transactions, through December 31, 2023.
Company Selected Measure Name
Named Executive Officers, Footnote		Year PEO Non-PEO NEOs 2023 Ariel Emanuel Mark Shapiro, Andrew Schleimer and Seth Krauss
PEO Total Compensation Amount		$ 64,912,560
PEO Actually Paid Compensation Amount		$ 56,578,222
Adjustment To PEO Compensation, Footnote		Applicable Fiscal Year (“FY”) 2023 PEO Average non-PEO NEOs Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY ( 40,000,094 ) ( 3,133,767 ) Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End 31,666,256 2,662,091 Total Adjustments ( 8,333,838 ) ( 471,675 ) (3)
Non-PEO NEO Average Total Compensation Amount		$ 8,435,228
Non-PEO NEO Average Compensation Actually Paid Amount		$ 7,963,553
Adjustment to Non-PEO NEO Compensation Footnote		Applicable Fiscal Year (“FY”) 2023 PEO Average non-PEO NEOs Deduction for Amounts Reported under the “Stock Awards” and “Option Awards” Columns in the Summary Compensation Table for Applicable FY ( 40,000,094 ) ( 3,133,767 ) Increase based on ASC 718 Fair Value of Awards Granted during Applicable FY that Remain Unvested as of Applicable FY End, determined as of Applicable FY End 31,666,256 2,662,091 Total Adjustments ( 8,333,838 ) ( 471,675 )
Compensation Actually Paid vs. Total Shareholder Return		September 12, 2023 FY 2023 Company TSR $ 100 $82.19 S&P 500 Media and Entertainment Index TSR $ 100 $ 107.00 PEO Compensation Actually Paid (in millions) - $57 Avg. non-PEO NEO Compensation Actually Paid (in millions) - $8
Compensation Actually Paid vs. Net Income		FY 2023 Net Income (in millions) $176 PEO Compensation Actually Paid (in millions) $57 Avg. non-PEO NEO Compensation Actually Paid (in millions) $8
Compensation Actually Paid vs. Company Selected Measure		FY 2023 Adjusted EBITDA (in millions) (1) $809 PEO Compensation Actually Paid (in millions) $57 Avg. non-PEO NEO Compensation Actually Paid (in millions) $8 (1) Adjusted EBITDA is a non-GAAP measure. For a reconciliation of the differences between Adjusted EBITDA and the most directly comparable financial measure calculated and presented in accordance with GAAP, “Management’s Discussion and Analysis of Financial Condition and Results of Operation—Non-GAAP Financial Measures” in this Annual Report.
Tabular List, Table		2023 Pay Versus Performance Tabular List As required by Item 402(v) of Regulation S-K, we are providing the following information regarding the performance measure that we believe represents the most important financial performance measure used by us to link CAP to our NEOs for the fiscal year 2023. Such performance measure represented the only financial performance measure that was used by the Company to link compensation actually paid to our named executive officers, for fiscal year 2023, to Company performance. Performance measure Adjusted EBITDA
Total Shareholder Return Amount		$ 82.19
Peer Group Total Shareholder Return Amount		107
Net loss	$ (35,227,000)	$ (35,227,000)
Company Selected Measure Amount | item		809,087,712
PEO Name		Ariel Emanuel
PEO
Pay vs Performance Disclosure
Adjustment to Compensation, Amount		$ (8,333,838)
Non-PEO NEO
Pay vs Performance Disclosure
Adjustment to Compensation, Amount		$ (471,675)

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Dec. 31, 2023
Insider Trading Arrangements [Line Items]
Material Terms of Trading Arrangement	(b) During the three months ended December 31, 2023, the following directors and “officers” (as defined in Rule 16a-1(f) under the Exchange Act) of the Company adopted, modified or terminated a “Rule 10b5-1 trading arrangement” and/or “ non-Rule 10b5-1 trading arrangement,” as each term is defined in Item 408(a) of Regulation S-K. On November 14, 2023 , each of: Mark Shapiro , President, Chief Operating Officer and member of the Board ; Nick Khan , member of the Board ; Andrew Schleimer , Chief Financial Officer ; Seth Krauss , Chief Legal and Administrative Officer ; and Shane Kapral , Chief Accounting Officer , entered into a Rule 10b5-1 trading arrangement , which is a sell-to-cover instruction letter that provides for sales of a number of shares of Class A common stock as is necessary to cover tax withholding obligations incurred in connection with the vesting or settlement of restricted stock units, performance stock units or restricted stock previously granted or that could in the future be granted under the Company’s 2023 Incentive Award Plan and, if applicable, the WWE 2016 Omnibus Incentive Plan, including under any successor plan (collectively, the “Sell-to-Cover 10b5-1 Instructions”). Each person’s Sell-to-Cover 10b5-1 Instruction will remain in effect so long as taxes are required to be paid upon the vesting or settlement of restricted stock units, performance stock units or restricted stock awarded or to be awarded to such person, unless such person’s instruction letter is earlier terminated. The total number of Class A shares that may be sold pursuant to each person’s Sell-to-Cover 10b5-1 Instruction is not determinable. During the three months ended December 31, 2023, no shares of Class A common stock were sold pursuant to any person’s Sell-to-Cover 10b5-1 Instruction.
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Uncategorized Items - tko-20231

Label	Element	Value
Measure Axis: 1
Measure Name	ecd_MeasureName	Adjusted EBITDA