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UFC and WWE to form new company

By Staff Apr 3, 2023 | 10:51 AM
Darren Foreman / CC

It’s a tag-team worth billions of dollars.

UFC and WWE are set to form a 21 billion dollar company.

Endeavor Group Holdings, who own UFC, will hold a 51 percent interest, while WWE will take 49 percent.

The group says Dana White will remain as president of UFC, and long-time WWE owner Vince McMahon will continue on as executive chair.

They say the move will combine media rights, and create new content and sponsorships.

 

Today, @Endeavor announced it has signed an agreement to form a $21+ billion global live sports and entertainment company made up of @UFC and @WWE. https://t.co/lPrkBmKJXm pic.twitter.com/ZBk95c5exU

— Endeavor (@Endeavor) April 3, 2023