Revenue in the Owned Sports Properties division shot up 94%.
Endeavor controls 53.6% of TKO.
Adjusted EBITDA was $374.1 million.
Endeavor Group Holdings launched its IPO in 2021Arturo Holmes/Getty Images for Endeavor
That transaction is expected to close in the first quarter of 2025.
Adjusted EBITDA in the division fell 11% to $95.9 million.
Those headwinds were partially countered by growth inWMEs music, talent, sports, and comedy divisions.
Adjusted EBITDA of $65.2 million for the quarter, down almost 23%.
