Corporate GovernanceTKO acquired IMG and On Location from Endeavor in a $3.25B all-stock transaction that raised serious governance questions.
Relationship ChallengesReports indicate the relationship between UFC and ESPN has deteriorated in recent years, with frustrations stemming from declining PPV sales, price hikes, and technical issues during events.
Strategic AlignmentThe venture targets 12 annual fight cards in addition to large-scale 'super fights' like Canelo vs. Crawford, marking a material expansion outside of UFC’s core focus and raising questions about White’s bandwidth and strategic alignment.