Welcome to our dedicated page for World Wrestling Entertainment news (Ticker: WWE), a resource for investors and traders seeking the latest updates and insights on World Wrestling Entertainment stock.
World Wrestling Entertainment, LLC (WWE) (NYSE: WWE) is a globally recognized leader in the entertainment industry, specializing in professional wrestling. Headquartered in Stamford, Connecticut, WWE operates as an integrated media organization with a diverse portfolio of businesses. These businesses are dedicated to creating and delivering original content 52 weeks a year to a vast, global audience.
WWE is committed to providing family-friendly entertainment through a variety of platforms, including television programming, pay-per-view events, digital media, and publishing. The company’s content reaches more than 600 million homes worldwide, broadcasting in over 145 countries and 35 languages.
WWE's programming includes flagship shows such as Monday Night Raw and SmackDown Live, along with special events like WrestleMania, which draws millions of viewers each year. The company also maintains a strong digital presence with the WWE Network, a subscription-based streaming service that offers exclusive access to a vast library of wrestling content.
Recent achievements of WWE include strategic partnerships and collaborations with various brands and organizations, enhancing its content distribution and market reach. The company's financial condition is robust, supported by continuous growth in viewership and revenue. WWE’s offices are strategically located in major cities including New York, Los Angeles, Miami, London, Mumbai, Shanghai, Singapore, Istanbul, and Tokyo, which helps in managing its global operations efficiently.
WWE has terminated its partnership with Russian broadcaster Match and ceased all operations of WWE Network in Russia, effective immediately. This decision removes access to WWE programming, including Raw, SmackDown, NXT, and all premium live events like WrestleMania 38. WWE continues to focus on global entertainment despite the loss of the Russian market. The company operates in over 180 countries and remains committed to delivering family-friendly content to a worldwide audience.
A&E and WWE have expanded their programming partnership, commissioning over 130 new hours of WWE-themed series and specials for A&E platforms. Key highlights include 35 new episodes of the award-winning 'Biography' franchise and 24 episodes of 'WWE’s Most Wanted Treasures,' which was A&E's most-watched new series last year. Additionally, A&E has greenlit the new series 'WWE Rivals' to explore significant rivalries in WWE history. This collaboration aims to engage WWE's extensive fanbase and enhance A&E's storytelling brand.
WWE announced that tickets for the highly anticipated Money In The Bank event will be on sale on March 17 at 10 AM PT via Ticketmaster.com. This year's event, scheduled for July 2 at Allegiant Stadium in Las Vegas, marks a historic first as it will be held in an NFL stadium. Exclusive hospitality packages are available through On Location for premium experiences, including meet-and-greets with WWE Superstars. The event will stream live on Peacock in the U.S. and WWE Network elsewhere.
WWE (NYSE: WWE) has partnered with On Location to offer exclusive hospitality packages for its major events, including WrestleMania and SummerSlam. This multi-year agreement aims to enhance fan experiences through premium ticketing and travel options. Packages for the upcoming Money In The Bank event in Las Vegas go on sale today at 12 PM EST. WWE's Senior VP emphasized the partnership's potential to elevate the hospitality experience for fans. On Location is recognized for its luxury hospitality and works with over 150 rights holders, showcasing its capability in delivering top-tier experiences.
WWE and Take-Two Interactive have announced a partnership with SNICKERS as Presenting Partners for WrestleMania 38, scheduled for April 2-3, 2022, at AT&T Stadium, Dallas. This marks the first dual Presenting Partner arrangement in WrestleMania history. The partnership will feature extensive marketing campaigns across multiple platforms, including WWE's flagship programs and digital content. Key figures from both companies emphasize the excitement this collaboration will bring to WWE fans.
WWE has announced that The Undertaker will be inducted into the WWE Hall of Fame on April 1 at the American Airlines Center in Dallas during WrestleMania Week. This ceremony will be streamed live on Peacock and WWE Network. For the first time, the Hall of Fame ceremony will occur on the same night as Friday Night SmackDown, offering fans a 2 for 1 ticket option starting February 22. The Undertaker, a legendary figure in WWE, boasts a storied career, including a 21-year undefeated streak at WrestleMania.
WWE (NYSE: WWE) has entered a multi-year agreement with Fiterman Sports Group, designating them as the Official Autograph Partner in the U.S. and Canada. This initiative marks WWE's first foray into the autograph space, effective immediately. The partnership will host autograph signing sessions featuring WWE Superstars and Legends. WWE aims to enhance fan experiences through this collaboration, as shared by Scott Zanghellini, Senior VP of Revenue Strategy & Development. Fiterman Sports Group, with a legacy in sports memorabilia, anticipates creating new fan engagement opportunities across North America.
WWE reported robust financial results for the fourth quarter and full year 2021, achieving record revenue of $1.095 billion, a 12% increase. Q4 revenue rose 30% to $310.3 million, driven by ticket sales and international events. Operating income soared 131% to $83.6 million, while Adjusted OIBDA surged 90% to $97.2 million. WWE returned $59 million to shareholders through repurchases and dividends. For 2022, WWE anticipates record revenue and an Adjusted OIBDA of $360 - $375 million, fueled by live events and content monetization. Key initiatives include international licensing and new original series.
WWE (NYSE: WWE) announced a quarterly dividend of
WWE and the General Entertainment Authority announced that Elimination Chamber will take place at the Jeddah Superdome, the world’s largest pillarless superdome, on February 19, 2022. Further details about the event will be released soon. WWE is known for providing family-friendly entertainment globally, with programming available in over 900 million homes. The company operates the WWE Network, which is accessible in more than 180 countries. For more information, visit wwe.com.
FAQ
What is the market cap of World Wrestling Entertainment (WWE)?
What does WWE stand for?
Where is WWE headquartered?
What kind of content does WWE produce?
In how many countries is WWE programming broadcasted?
How many homes worldwide does WWE reach?
What are some of WWE's flagship shows?
What is WWE Network?
What recent achievements has WWE made?
How is WWE's financial condition?
Where are WWE's international offices located?
