TKO Positions Live Events as an Anti-AI Bet in Earnings Call
Ari Emanuel and Mark Shapiro used TKO Group Holdings’ earnings call to argue that AI will make content creation cheaper while live experiences become more valuable. Shapiro said live sports and entertainment are a durable counter to AI, pointing to TKO’s WWE, UFC, PBR and On Location portfolio, and noted that strength in live events helped TKO beat Q2 expectations.