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TKO CEO Ari Emanuel Stresses Importance Of Live Sports For Streaming As WWE ‘Raw’ Heads To Netflix

O Group Holdings, Inc. (NYSE:TKO) announced a blockbuster $5 billion deal with Netflix, Inc. (NASDAQ:NFLX) on Tuesday which will bring the WWE's live, weekly program "Raw" exclusively to Netflix's streaming service. TKO CEO Ari Emanuel joined CNBC's "Squawk Box" on Tuesday to discuss the exclusive, 10-year deal, which drove TKO's stock over 20% higher following the announcement. 

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