MEDIUMOutside partyCounterparty
Paramount
“10-K Item 1: 'UFC announced a new seven-year partnership with Paramount...to become the exclusive home of all UFC events in the U.S.'”
TKO · Concentration risk · 10-K extracted
TKO Group Holdings (TKO) concentration risks
Updated
The most significant concentration TKO Group Holdings discloses is Paramount, classified MEDIUM by disclosed size. Below: the full set from the latest 10-K — verbatim quotes, filing references, and a synthesis of what these exposures mean together.
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results.
Show full disclosure ▾Hide full disclosure ▴
About TrendMatrix. TrendMatrix is a publisher of general securities research and market commentary. We publish on a regular schedule. All content is the same for every subscriber in a tier — we do not provide personalized investment advice and we do not take into account any individual subscriber's financial situation, investment objectives, risk tolerance, tax situation, or holdings.
Not investment advice. TrendMatrix is not a registered investment adviser. Our content is for informational and educational purposes only. Consult your own licensed investment adviser, broker, or tax professional before making any investment decision.
Conflicts and positions. The TrendMatrix editorial team frequently holds personal long-term positions in securities discussed. We disclose positions held at the time of publication on each piece. We maintain a trading-window policy: we do not initiate or close positions in the same direction as a TrendMatrix publication within 24 hours before or 72 hours after publication.
No paid promotion. TrendMatrix does not accept payment from any issuer, broker, or third party in exchange for coverage of any security. Our sole compensation is subscription revenue.
No fiduciary duty. No fiduciary, advisory, or agency relationship is created between you and TrendMatrix by reading our content or subscribing to our service.
Performance. Past performance is not indicative of future results. Performance figures reflect the published model only and do not reflect any individual subscriber's actual results.
Source: TKO Group Holdings’s SEC Form 10-K filed — view the filing on SEC EDGAR ↗
At a glance
Disclosed-size breakdown · 2 disclosed concentrations
HIGH0
MEDIUM2
LOW0
Disclosed concentrations
Each card carries a disclosed-size chip (HIGH / MEDIUM / LOW — how large the exposure is as a share of revenue, not how dangerous it is) and a nature tag: Built-in(the company’s own model, geography, or products) or Outside party (an external customer, supplier, or distributor it relies on).
MEDIUMOutside partyCounterparty
Netflix
“10-K Item 1: 'Since January 2025, Netflix has been the exclusive global home to Raw.'”
TrendMatrix Research · concentration synthesis
What these concentrations mean together
updated 2026-06-24The company's disclosed concentration profile reflects a media-rights distribution model built around a small number of exclusive streaming and broadcast partners, creating dependency-character exposure to two significant counterparties. UFC announced a new seven-year partnership with Paramount to become the exclusive home of all UFC events in the U.S. — a medium-share, dependency exposure where all domestic UFC pay-per-view and event rights flow through a single domestic media partner. The exclusive and long-term nature of the arrangement provides revenue predictability but concentrates distribution risk: if Paramount encounters financial difficulty, strategic pivots, or fails to invest in promotion and distribution at expected levels, UFC's domestic reach and monetization are directly affected. The WWE side of the business carries a parallel structure. Since January 2025, Netflix has been the exclusive global home to Raw — another medium-share, dependency exposure where a flagship weekly property's international audience is governed by a single streaming platform's content decisions, promotional spending, and subscriber-growth trajectory. Netflix's content prioritization choices, algorithmic promotion, and potential future renegotiation terms are each variables that could affect how WWE's flagship show performs in the streaming environment. Together, these two exclusive-partner dependencies are the dominant concentration theme: the company has traded broad, open-market distribution for guaranteed revenue through a small number of exclusive arrangements. This is a characteristic pattern in rights-based businesses, but it means that the quality and stability of just two counterparty relationships — Paramount and Netflix — are central to the revenue outlook.
For the engine’s reasoning on TKO’s current verdict — including which dimensions drove the score — see the per-dimension breakdown.
Industry peers · Entertainment
Peer concentration profile
| Symbol | Name | HIGH | MEDIUM | LOW | Total |
|---|---|---|---|---|---|
| TKO● | TKO Group Holdings, Inc. | 0 | 2 | 0 | 2 |
| BATRA | Atlanta Braves Holdings, Inc. - | 0 | 1 | 0 | 1 |
| BATRK | Atlanta Braves Holdings, Inc. - | 0 | 1 | 0 | 1 |
| FOX | Fox Corporation | 0 | 1 | 0 | 1 |
| CNK | Cinemark Holdings Inc Cinemark | 0 | 0 | 0 | 0 |
| DIS | Walt Disney Company (The) | 0 | 0 | 0 | 0 |
Concentration counts reflect items disclosed in each peer’s most recent 10-K; disclosed-size classification uses TrendMatrix’s internal 10-K extraction taxonomy.