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 report its Q2 2022 financial results on August 16, 2022, before the market opens. A conference call to discuss these results will begin at 8:30 a.m. ET, accessible via a live webcast on the company's website. Interested participants can join the call by dialing 855-200-4993 (toll-free) or 323-794-2092 (international), using conference ID 69300081. An earnings presentation will also be available on the website on the same day. A replay of the call will be accessible two hours post-conference.
WWE has announced the WrestleMania 39 Launch Party to be held on Thursday, August 11 at 7 pm PT at SoFi Stadium, Los Angeles. The event, featuring live in-ring matches and celebrity appearances, offers fans a chance to purchase WrestleMania tickets before the general public. Stars like Snoop Dogg and Becky Lynch are scheduled to appear. The WrestleMania events take place on April 1 and 2, 2023. Fans can register for free admission and parking at SoFiStadium.com/wmparty.
WWE has appointed Craig Stimmel as Senior Vice President and Head of Global Sales & Partnerships. Stimmel brings experience from roles at Snapchat, Procter and Gamble, and NCR. Reporting to Stephanie McMahon and Nick Khan, he will oversee WWE's sales operations and expand sponsorships and partnerships. Stimmel holds a Bachelor of Science in Business-Accounting from the University of Dayton.
WWE, listed on NYSE as WWE, is a global leader in entertainment, reaching over 1 billion homes worldwide.
WWE has declared a quarterly dividend of $0.12 per share for Class A and B shares of common stock. The record date is set for September 15, 2022, while the payment date is September 26, 2022. This decision underscores WWE's commitment to returning value to its shareholders.
As a global leader in entertainment, WWE delivers original content to a vast audience through various platforms. The company remains focused on family-friendly programming and its award-winning WWE Network, accessible in over 180 countries.
WWE, along with Philadelphia officials and the Eagles, announced that WrestleMania 40 will take place at Lincoln Financial Field on April 6 and 7, 2024. This iconic event marks WWE's return to Philadelphia after 25 years and will include a week-long celebration featuring Friday Night SmackDown, the WWE Hall of Fame Ceremony, and Monday Night Raw. The event has historically generated over $1.25 billion for host cities, highlighting its economic impact. Local leaders anticipate significant benefits for the economy and community outreach initiatives during WrestleMania week.
WWE has announced the appointment of Stephanie McMahon and Nick Khan as co-CEOs, following Vince McMahon's retirement on July 22. Alongside these leadership changes, WWE revealed preliminary financial results for the second quarter of 2022, projecting revenues around $328 million, a significant increase from $266 million in 2021. Operating income is expected to reach $70 million, up from $46 million the previous year. Adjusted OIBDA for the quarter is forecasted at $92 million, exceeding earlier guidance of $80-90 million.
Vince McMahon announces his retirement as Chairman and CEO of WWE at nearly 77 years old, expressing gratitude to fans, family, Superstars, and employees. He assures fans that WWE will maintain its commitment to entertainment and trusts the leadership of Co-CEOs Stephanie McMahon and Nick Khan. WWE, a leader in global entertainment, continues to deliver original content globally, reaching over 1 billion homes. McMahon will remain a majority shareholder and continue to support WWE, reinforcing his confidence in the company's ongoing success.
WWE (NYSE: WWE) announced that Paul Levesque has resumed his role as EVP, Talent Relations, effective immediately. Levesque expressed enthusiasm about returning to the position, stating he is healthy and ready to lead. WWE continues to deliver family-friendly entertainment globally, with content seen in over 1 billion homes and through various distribution partners. The press release also mentions potential risks, including the impact of COVID-19, competition in the media landscape, and uncertainties in international markets.
WWE has announced that WrestleMania tickets will go on sale on
WWE (NYSE: WWE) has announced a multi-day talent tryout for college athletes during SummerSlam Week in Nashville, starting
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