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TKO Group's stock surged 12.8% due to a long-term Netflix partnership for WWE Monday Night Raw, starting 2025 as exclusive streaming platform in key regions, with more regions to follow.
TKO Group stock increased by 12.8% this week as the company announced a lucrative, long-term partnership with Netflix for its WWE Monday Night Raw program.
Starting in 2025, Netflix will become the exclusive streaming platform provider for WWE Raw in the U.S., Canada, U.K., and Latin America, with more regions to be added over time.
Netflix will also broadcast other WWE shows, specials, and premium live events.
Furthermore, the company will announce its fourth quarter and full year 2023 results next month.
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Las acciones de TKO Group subieron un 12,8% debido a una asociación a largo plazo con Netflix para WWE Monday Night Raw, a partir de 2025 como plataforma de transmisión exclusiva en regiones clave, a las que seguirán más regiones.