BREAKINGVIEWS-UFC owner emerges as cage-fight heavyweight

TKO Group Holdings
Walt Disney Company

TKO Group Holdings

TKO

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Walt Disney Company

DIS

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The author is a Reuters Breakingviews columnist. The opinions expressed are her own.

By Jennifer Saba

NEW YORK, June 12 (Reuters Breakingviews) - TKO, the mixed-martial-arts league’s owner, is joining President Trump to put on a spectacle to celebrate America’s 250th anniversary. With broadcast rights locked in and chunky margins, its valuation is far richer than even Disney’s. Political ties add another boon, for now.

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CONTEXT NEWS

President Donald Trump is hosting an Ultimate Fighting Championship cage match on the South Lawn of the White House on June 14. The event is to celebrate the United States' 250th anniversary of independence and the president’s 80th birthday.

UFC is owned by TKO Group.


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