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 (NYSE: WWE) will release its third quarter 2021 financial results on November 4, 2021, after market close. A conference call hosted by Chairman & CEO
The Beachbody Company (NYSE: BODY) announced the appointment of Blake Bilstad as Chief Legal Officer, effective October 28, 2021. Bilstad, with over 25 years of experience in public companies, will report to CEO Carl Daikeler and succeed Jonathan Gelfand, who transitions to a new role focused on IP and brand ambassador relations. Bilstad's background includes significant legal roles in health and wellness and technology sectors, contributing to IPOs and M&A. His appointment comes as Beachbody aims to enhance its growth strategy in the fitness and nutrition market.
WWE has announced that the Royal Rumble will be hosted at The Dome at America’s Center in St. Louis on January 29, 2022, the largest venue in the event's 30-year history. Tickets go on sale on October 15 at 11 am ET. The event will feature two 30-person matches, with winners earning Championship opportunities at WrestleMania in Dallas. WWE expresses excitement about returning to St. Louis, highlighting its rich history and vibrant sports scene.
WWE reported record-breaking performance for its SummerSlam event, achieving the highest viewership and grossing figures in company history. The event attracted over a million global viewers, a 55% increase from 2020. Indoor attendance hit 51,326, with a live gate significantly surpassing 2019 figures. Merchandise sales surged by 155% compared to 2019, and sponsorships rose by 25% from 2019. WWE also achieved over one billion views across its social media platforms during the event week, highlighting strong engagement and brand popularity.
WWE announced that SummerSlam at Allegiant Stadium in Las Vegas achieved a record indoor attendance of 51,326 fans, marking WWE’s largest event of 2021. This sold-out crowd highlights WWE's ability to attract significant viewership and ensures robust ticket sales, enhancing the company’s financial performance. WWE continues to deliver family-friendly entertainment worldwide, bolstered by extensive media partnerships and a diverse content library. The press release emphasizes WWE's commitment to providing high-quality programming to a global audience through various platforms.
WWE (NYSE: WWE) has announced that the popular Money In The Bank event will take place at Allegiant Stadium in Las Vegas during the July 4th weekend of 2022. This marks a historic first for the event being held in an NFL stadium. WWE President Nick Khan emphasized Las Vegas's suitability for major events, while Allegiant Stadium's General Manager Chris Wright noted the successful hosting of SummerSlam as a testament to the city's capabilities. Fans can register for exclusive presale opportunities through WWE's website.
WWE (NYSE: WWE) announced a range of sponsors for SummerSlam, enhancing its marketing reach ahead of the event on August 21, 2021. Key sponsors include DraftKings, 2K, Cricket Wireless, and C4 Energy. This year marks the first official partnerships for water and beer with Pure Life and Victoria Beer. The event will leverage WWE's extensive media presence and star power to engage audiences, featuring live integrations and custom content campaigns. SummerSlam takes place at Allegiant Stadium in Las Vegas, marking its debut at an NFL venue.
WWE (NYSE: WWE) has entered a multi-year partnership with Major League Baseball (MLB) to create MLB-themed championship title belts and accessories featuring all 30 MLB Club logos. This unique merchandise line, set to launch in 2022, represents the first official licensing agreement for WWE belts with a major U.S. sports league. The collaboration aims to produce team-branded belts and special items for MLB's key events, enhancing fan engagement across both sports.
WWE (NYSE: WWE) has announced that producer and DJ Valentino Khan will perform at SummerSlam, set for August 21 at Allegiant Stadium in Las Vegas. This marks the first time the event will be held in an NFL stadium. Khan, a lifelong WWE fan, expressed excitement about connecting with the WWE Universe through his music. WWE aims to enhance the event atmosphere with music, and SummerSlam will stream live on Peacock at 8 pm ET. WWE continues to deliver original content year-round, reaching a global audience through various platforms.
WWE and Spotify's The Ringer announce a multi-year audio content partnership, launching an exclusive audio network. This collaboration will produce original podcasts, including MackMania featuring WWE personalities. The Ringer Wrestling Show will expand with new content and live discussions after major WWE events. Kicking off with SummerSlam in Las Vegas on August 21, the partnership aims to engage WWE's global audience and leverage Spotify's extensive listener base. Spotify has over 365 million monthly users, making it a leading platform for audio entertainment.
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