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Re:

Who Owns WWE? TKO and Endeavor’s Role, Explained

WWE is part of TKO Group Holdings, whose latest cited filing reports Endeavor and its subsidiaries held approximately 64.1% of TKO voting interest as of June 30, 2026.
From TheFinanceBase Team1 min to read
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WWE is part of TKO Group Holdings, Inc., and TKO’s WWE operating entity is World Wrestling Entertainment, LLC. TKO’s latest cited ownership disclosure says Endeavor Group Holdings and its subsidiaries held approximately 64.1% of TKO’s voting interest as of June 30, 2026. The publicly traded company is TKO, not WWE.

How WWE fits into TKO

WWE’s operating company, World Wrestling Entertainment, LLC, sits within TKO’s corporate structure. TKO’s second-quarter 2026 filing describes WWE LLC as wholly owned and says its equity interests were contributed to TKO Operating Company. WWE’s company overview likewise says WWE is part of TKO Group Holdings. WWE’s company overview and TKO’s second-quarter 2026 filing describe the relationship.

Who controls WWE’s parent?

TKO reported that Endeavor Group Holdings and its subsidiaries collectively held approximately 64.1% of TKO’s voting interest as of June 30, 2026. This is a disclosure about voting interest in TKO, WWE’s parent—not a statement that Endeavor directly owns 64.1% of WWE as a standalone company. TKO’s filing gives the figure and date.

Is WWE publicly traded?

No. TKO Group Holdings, Inc. is the publicly traded parent, listed on the New York Stock Exchange under ticker symbol TKO. Its businesses include WWE. WWE’s own corporate page also identifies it as part of TKO. TKO’s investor-relations page identifies the listed company and ticker.

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How ownership changed after TKO launched

At TKO’s launch on September 12, 2023, Endeavor held a 51% controlling interest and former WWE shareholders held a 49% interest on a fully diluted basis. Those were the launch terms, not the current ownership figures. TKO’s later disclosure of Endeavor’s voting interest—approximately 64.1% as of June 30, 2026—uses a different measure and a later date, so the two percentages should not be treated as directly comparable. The 2023 closing announcement records the launch allocation.

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Who runs WWE?

Company leadership is distinct from ownership. WWE lists Nick Khan as President and Paul Levesque as Chief Content Officer; those are operating roles, not evidence that either person owns WWE. WWE’s company overview lists its leadership.

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