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How do we think about the growth algorithm from here, not just for this year, but for beyond as well?
I was just curious how you weighed the financial contribution from that deal versus the strategic question
How sure are you that the demand is there on the AMPs to fill that supply?
you call out timing shifts in fan count due to venue mix in the release
can you tell us your view of the impact that your initiatives are having on the broader industry
the judge partially granted your motion on the summary judgment dismissing claims that you're a monopoly and promotion and booking
it seemed like it was one where the sun, the moon, the stars were all going to align with stadiums and arenas and amphitheaters all coming together
following the FTC suit, it seems like you've really begun to crack down a lot on ticket scalpers. Can you remind us of the actions
How do you guys expect AI to impact Ticketmaster's growth? Maybe what are the opportunities for you
there's been a real divergence between performance in ticketing and concerts the past few years, even in this big stadium year
you're not seeing much headwinds from tariffs or other economic issues in the consumer yet. You could correct me if I'm wrong
wanted to dig deeper on the Ticketmaster results was surprised to see revenue and AOI down given the amount of ticketing activity
Ticketmaster transacted ticket volume, you said was up only 3%, and then the event related deferred at 11%
I look at some of these shows and I see a lot of high-priced tickets still on-sale for high-profile shows. Do you think ticket pricing is getting ahead of itself
how do you believe that combo can impact your business? And how seriously do you take them as a competitor?
Are you open to bigger M&A as you turn the page to 2027? Or do investors just have this wrong?
there's also been a lot of noise about weaker UFC cards lately. In your view, what's going on?
How do you think about balancing fan-facing monetization and the fan experience going forward?
Did you face a $30 million loss on that event and you're doing it for visibility?
what does the $15 million Conor Benn deal signal about Zuffa's strategy?
Two of your partners are bidding for WBD. Are there any advantages to one of them winning versus the other in your mind?
I know it's high, but any more color, should we -- how should we expect the fighters to be compensated?
Should we expect the pay-per-view model that, I guess, has now been replaced domestically and really at WWE to still have residents?
would now be -- I mean sorry, UFC would be less likely to do a deal with ESPN or are they mutually exclusive?
Were you just waiting for Paramount Skydance to close or another external event? Or is the UFC deal proving to be more challenging than the PLE deal was?
Can you just tell us how the economics work on that versus the main promotion that you're building?
Can you comment maybe on how the market and your approach to the numbered sites and the fight nights might differ in this negotiation
I wanted to get your thoughts on that. And to what extent your boxing plans would be dependent on such a appeal?
Do you expect the deal to get done within this window? Have you brought others into the window?
Here's your follow-up on the boxing. What are your plans? And then I'll shut up.