White House UFC spectacle costs UFC $30M despite huge viewership

1 min read
Source: The Independent
White House UFC spectacle costs UFC $30M despite huge viewership
Photo: The Independent
TL;DR Summary

TKO Group Holdings said the Freedom 250 UFC event on the White House South Lawn cost about $60 million to stage and could not be recouped through sponsorships, leaving roughly $30 million in losses even as the show drew about 8.2 million US viewers and roughly 34 million worldwide, weighing on quarterly margins despite strong overall revenue.

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