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Money In The Bank® Headed to The O2 in London on Saturday July 1
Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Very Positive)
Tags
Rhea-AI Summary
WWE (NYSE: WWE) has announced its upcoming Money In The Bank event at The O2 in London on July 1, 2023. This marks the first Premium Live Event in London in over 20 years and features the iconic ladder matches, allowing winners to secure championship match contracts. The event follows the success of Clash At The Castle in 2022, which set multiple records for WWE, including the largest European gate ever. Tickets are available through On Location, offering premium packages for fans.
Positive
First WWE event in London in over 20 years, which could lead to increased revenue and fan engagement.
Historic debut of the Money In The Bank ladder matches in the UK, enhancing WWE's market presence.
Successful precedent set by Clash At The Castle in 2022, with notably high ticket sales and viewership.
Negative
None.
First WWE Premium Live Event to Be Held in London in Over Two Decades
STAMFORD, Conn.--(BUSINESS WIRE)--
WWE (NYSE: WWE) today announced that The O2 in London will host Money In The Bankon Saturday, July 1, 2023. Money In The Bank marks the first WWE Premium Live Event to be held in London in over two decades.
MONEY IN THE BANK® HEADED TO THE O2 IN LONDON ON SATURDAY JULY 1 (Graphic: Business Wire)
Money In The Bankwill feature WWE’s biggest Superstars and will also bring the Money In The Bank ladder matches to the UK for the first time in history, with each winner receiving a briefcase containing a contract for a championship match at a time and place of their choosing anytime within the next year.
“The O2 is one of the world’s premier venues and the perfect home for Money In The Bank. We are excited to bring one of our ‘Big 5’ events to the UK and look forward to welcoming the WWE Universe to London on July 1,” said Dan Ventrelle, EVP, Talent at WWE.
“We are honoured to be hosting the first ever Money In The Bank event taking place in the UK here at The O2,” said Christian D'Acuña, Senior Programming Director at The O2. “We’re looking forward to welcoming back WWE fans to The O2 this summer for an unforgettable night with some of WWE’s biggest Superstars.”
The announcement follows the huge success of Cardiff’s Clash At The Castle® in September 2022, the first major WWE stadium show to be held in the UK since 1992. Clash At The Castle broke numerous records at the time including becoming the most-watched international premium live event in WWE history, with the largest European gate ever and the best-selling merchandise for a non-WrestleMania event.
In addition, Official WWE Money In The Bank Priority Passes are available now through exclusive partner On Location at this link or by calling +1-855-346-7388 giving fans the opportunity to purchase ticket packages before they go on sale to the general public. The Money In The BankPriority Pass offers fans the chance to be ringside for every exhilarating moment, including premium seating, all-inclusive pre-show hospitality with WWE Superstar appearances, ringside photo opportunities, an autographed poster, merchandise fastlane, exclusive merchandise, two nights of deluxe accommodations, and much more.
Additional information on Money In The Bank will be announced in the coming weeks. To learn more about registering for general ticket presale opportunities please visit: https://www.wwe.com/mitb2023-presale-registration.
About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media, and publishing platforms. WWE’s TVPG programming can be seen in more than 1 billion homes worldwide in 30 languages through world class distribution partners including NBCUniversal, FOX, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.
Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries. All other trademarks, logos and copyrights are the property of their respective owners.
Forward-Looking Statements: This press release contains, and oral statements made from time to time by our representatives may contain, forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward looking statements include statements regarding, our outlook for future financial results, the impact of recent management changes, the findings of the investigation conducted by the Special Committee of independent members of our Board of Directors; our plans to remediate identified material weaknesses in our disclosure control and procedures and our internal control over financial reporting, and regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. In addition, the words “may,” “will,” “could,” “anticipate,” “plan,” “continue,” “project,” “intend,” “estimate,” “believe,” “expect,” “outlook,” “target,” “goal,” “guidance” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These statements relate to future possible events, as well as our plans, objectives, expectations and intentions and are not historical facts and accordingly involve known and unknown risks and uncertainties and other factors that may cause the actual results or the performance by us to be materially different from future results or performance expressed or implied by such forward-looking statements. These forward-looking statements are subject to uncertainties relating to, without limitation, the departure of Vince McMahon from the Company and the appointment of Stephanie McMahon and Nick Khan as co-Chief 9 Executive Officers; the findings of the investigation by the Special Committee of independent members of our Board of Directors; regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters; our ability to remediate material weaknesses in our disclosure controls and procedures and our internal control over financial reporting; and reputational harm to the Company’s relationships with its stockholders, customers, talent and partners, which may have adverse financial and operational impacts, among other factors. The following additional factors, among others, also could cause actual results to differ materially from those contained in forward-looking statements: the COVID-19 outbreak, which may continue to affect negatively world economies as well as our industry, business and results of operations; entering, maintaining and renewing major distribution and licensing agreements; a rapidly evolving and highly competitive media landscape; WWE Network; computer systems, content delivery and online operations of our Company and our business partners; privacy norms and regulations; our need to continue to develop creative and entertaining programs and events; our need to retain and continue to recruit key performers; the possibility of a decline in the popularity of our brand of sports entertainment; the resignation of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and/or our inability to compete effectively, especially against competitors with greater financial resources or marketplace presence; uncertainties associated with international markets including possible disruptions and reputational risks; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; the complexity of our rights agreements across distribution mechanisms and geographical areas; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events; large public events as well as travel to and from such events; our expansion into new or complementary businesses, strategic investments and/or acquisitions; our accounts receivable; the construction and move to our new leased corporate and media production headquarters; litigation and other actions, investigations or proceedings; a change in the tax laws of key jurisdictions; our feature film business; a possible decline in general economic conditions and disruption in financial markets including any resulting from COVID-19; our indebtedness including our convertible notes; our potential failure to meet market expectations for our financial performance; through his beneficial ownership of a substantial majority of our Class B common stock, our controlling stockholder, Vincent K. McMahon could exercise ultimate control over our affairs, and his interests may conflict with the holders of our Class A common stock; our share repurchase program; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the volatility of our Class A common stock. In addition, our dividend and share repurchases are dependent on a number of factors, including, among other things, our liquidity and historical and projected cash flow, strategic plan (including alternative uses of capital), our financial results and condition, contractual and legal restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and such other factors as our Board of Directors may consider relevant. Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Undue reliance should not be placed on these statements. For more information about risks and uncertainties associated with the Company’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, our annual report on Form 10-K/A and quarterly reports on Form 10-Q/A and Form 10-Q.
When is the Money In The Bank event taking place in London?
The Money In The Bank event will be held on July 1, 2023.
Where will the Money In The Bank event be hosted?
The event is set to take place at The O2 in London.
What is special about the Money In The Bank event in 2023?
This is the first WWE Premium Live Event in London in over two decades and features the UK debut of the Money In The Bank ladder matches.
How did Clash At The Castle impact WWE's events in the UK?
Clash At The Castle in 2022 was a significant success, breaking records for viewership and ticket sales, setting a positive precedent for future events.
How can fans purchase tickets for Money In The Bank?
Fans can purchase tickets through On Location, which offers exclusive packages before general sales begin.
