The Hustle Daily Show

If ya smell what TKO is cookin’

Mar 5, 2024

TKO Group Holdings, parent company of WWE & UFC, rakes in cash post-merger. The Rock joins the board. Jetblue, Spirit merger fails. EU fines Apple $2B. Talks of airline mergers, tech crackdown, celebs in sports investments. Internet cable damage, TKO's success, sports entertainment revenue growth. WWE characters, controversies, golf promotion.

15:10

Episode guests

Dwayne 'The Rock' Johnson

AI Summary

AI Chapters

Episode notes

Podcast summary created with Snipd AI

Quick takeaways

TKO Group Holdings generates significant revenue from live entertainment and merch sales.

Apple fined $2 billion by EU for antitrust violations in the App Store, impacting digital marketplaces.

Deep dives

Mega Merger Disrupted: JetBlue and Spirit Airlines Cancel $3.8 Billion Merger

JetBlue and Spirit Airlines have called off their $3.8 billion merger due to antitrust claims and a federal court intervention. JetBlue will compensate Spirit $69 million for terminating the deal, impacting potential fleet growth and flight inventory. Despite potential benefits, concerns over market dominance and price control linger. Recent regulatory trends suggest heightened scrutiny on mergers, possibly influenced by the tech industry's expanding influence.

Introduction

2min

Airline Mergers, Tech Crackdown, and Celebrities in Sports Investments

3min

Internet Cable Disruption, Whole Foods Debut, and TKO Group Holdings Success Discussion

3min

Strategic Revenue Growth in Sports Entertainment

3min

Exploring WWE Characters and Controversies with a Hint of Golf

3min

WWE & UFC parent company TKO Group Holdings is bringing in boatloads of cash since the September 2023 merger. Both companies have a huge footprint in live entertainment and merch sales and they’ve just added Dwayne ‘The Rock’ Johnson to their board, but where does the bulk of their wealth come from? Plus: the Jetblue and Spirit merger is off and The EU fines Apple $2B.

Join our hosts Jon Weigell and Rob Litterst, as they take you through our most interesting stories of the day.

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The Hustle Daily Show

If ya smell what TKO is cookin’

Episode guests

Podcast summary created with Snipd AI

Quick takeaways

Deep dives

Mega Merger Disrupted: JetBlue and Spirit Airlines Cancel $3.8 Billion Merger

Apple Faces $2 Billion Fine: EU Regulators Penalize Apple for App Store Antitrust Violations

Drake and LeBron James Invest in PGA Tour: $3 Billion Funding Injected into Golf

Remember Everything You Learn from Podcasts