STOCK TITAN

World Wrestling Entertainment, LLC - WWE STOCK NEWS

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.

Rhea-AI Summary
WWE announced strong financial results for Q2 2023, with revenue of $410.3 million, a 25% increase. Operating income increased by 26% to $87.3 million, and Adjusted OIBDA increased by 54% to $140.7 million. Viewership for WWE's flagship programs increased significantly, with SmackDown and Raw seeing a 26% and 19% increase, respectively. WWE's premium live events also set global viewership records with year-over-year increases of 29%, 34%, and 45%. The company reaffirms its expectations for 2023, targeting record revenue and an Adjusted OIBDA range of $395 to $410 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.64%
Tags
-
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.9%
Tags
none
-
News
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.8%
Tags
dividends
Rhea-AI Summary
WWE announces NXT No Mercy live event on September 30 in Bakersfield, California. Tickets go on sale on August 4.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
none
-
Rhea-AI Summary
WWE (NYSE: WWE) and Nutrabolt announced the launch of their first-ever co-branded product collaboration: WWE-inspired flavors of C4 Ultimate Pre-Workout Powder and C4 Ultimate Energy Drink exclusively at GNC ahead of WWE SummerSlam in Detroit. The collection consists of five special edition flavors, each featuring design inspiration drawn from WWE Championship titles.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.64%
Tags
partnership
-
Rhea-AI Summary
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-2.18%
Tags
none
Rhea-AI Summary
WWE (NYSE: WWE) will report its second quarter 2023 results on August 2, 2023, followed by a conference call to discuss the results. Interested parties can access the live webcast on corporate.wwe.com/investors or join the call by dialing 855-200-4993 (toll free) or 323-794-2092. Earnings presentation will be available on the website on August 2, 2023.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.2%
Tags
conferences earnings
-
Rhea-AI Summary
WWE announces additional stops for the Undertaker 1 deadMAN Show tour in Louisville, St. Louis, Kansas City, Indianapolis, Cleveland, and Pittsburgh. The one-man show will feature The Undertaker sharing stories from his career and taking questions from the audience. Tickets go on sale on July 21.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.16%
Tags
none
-
Rhea-AI Summary
WWE announces 27 additional live events for 2023 touring schedule, tickets on sale next Friday.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
none
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
0.51%
Tags
none

FAQ

What is the market cap of World Wrestling Entertainment (WWE)?

The market cap of World Wrestling Entertainment (WWE) is approximately 8.4B.

What does WWE stand for?

WWE stands for World Wrestling Entertainment, LLC.

Where is WWE headquartered?

WWE is headquartered in Stamford, Connecticut.

What kind of content does WWE produce?

WWE produces family-friendly entertainment, including television programming, pay-per-view events, digital media, and publishing.

In how many countries is WWE programming broadcasted?

WWE programming is broadcast in more than 145 countries.

How many homes worldwide does WWE reach?

WWE reaches more than 600 million homes worldwide.

What are some of WWE's flagship shows?

WWE's flagship shows include Monday Night Raw and SmackDown Live.

What is WWE Network?

WWE Network is a subscription-based streaming service offering exclusive access to a vast library of wrestling content.

What recent achievements has WWE made?

WWE has formed strategic partnerships and collaborations, enhancing its content distribution and market reach.

How is WWE's financial condition?

WWE's financial condition is robust, supported by continuous growth in viewership and revenue.

Where are WWE's international offices located?

WWE has international offices in New York, Los Angeles, Miami, London, Mumbai, Shanghai, Singapore, Istanbul, and Tokyo.

World Wrestling Entertainment, LLC

NYSE:WWE

WWE Rankings

WWE Stock Data

8.37B
50.91M
1.35%
123.19%
6.88%
Entertainment
Communication Services
Link
United States
Stamford