TKO Group, HE Turki Alalshikh and Sela to form a joint venture.

TKO, a global sports and entertainment company behind ufc and wwe, and He Turki Alalshikh and Sela, a saudi entertainment conglomerate, to form a joint venture. “This is a strategic opportunity to reimagine the sport of boxing globally. TKO has the deep expertise, promotional prowess, and longstanding relationships. HE Turki Alalshikh and Sela share our passion and vision for evolving the current model. Together, we can bring the sweet science back to its rightful place in the forefront of the global sports ecosystem,” Mark Shapiro, TKO President and Chief Operating Officer.