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WWE® and Nextbite Launch Virtual Restaurant in Dallas
Rhea-AI Impact
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Rhea-AI Sentiment
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Rhea-AI Summary
WWE has partnered with Nextbite to launch a WWE-themed delivery-only restaurant called WWE Smackadillas in the Dallas area, available through DoorDash, Uber Eats, and Grubhub. This unique restaurant offers a menu featuring quesadillas and runs until April 11, with special activations during the lead-up to WrestleMania 38 on April 2 and April 3. Ticket and merchandise giveaways will accompany the launch, enhancing the fan experience for the event. This initiative underscores WWE's commitment to innovative offerings and engaging its audience.
Positive
Launch of WWE Smackadillas enhances brand engagement with fans.
Partnership with Nextbite could increase revenue through food sales.
Integration of delivery service taps into growing demand for convenience.
Negative
None.
DALLAS--(BUSINESS WIRE)--
WWE (NYSE: WWE) and Nextbite, a leader in virtual restaurants, have partnered to launch a WWE-themed, delivery-only restaurant in the Dallas area ahead of WrestleMania 38, which takes place next Saturday, April 2 and Sunday, April 3 at AT&T Stadium in Dallas.
WWE® AND NEXTBITE LAUNCH VIRTUAL RESTAURANT IN DALLAS (Photo: Business Wire)
The delivery-only restaurant – WWE Smackadillas – is available now via DoorDash, Uber Eats, and Grubhub. WWE Smackadillas offers a unique menu of crave-crushing quesadillas that will only be available until April 11.
“WWE is one of the premier sports and entertainment organizations in the world and is known for giving their passionate fan base exactly what they want,” said Geoff Madding, Chief Growth Officer for Nextbite. “Whether you order WWE Smackadillas from the comfort of your couch or on your way home from WrestleMania, we look forward to amping up the total WWE experience with these delicious quesadillas for all the hungry fans in the Dallas area.”
In addition to partnering with WWE to deliver fans a quesadilla unlike any other, WWE Smackadillas has a host of other activations and giveaways during the week leading up to WrestleMania in the Dallas area, including ticket giveaways and WWE merchandise. More information about the Dallas-area activations, in addition to the WWE Smackadillas menu, is available on wwesmackadillas.com and on the brand’s social channels @wwesmackadillas.
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 event, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 30 languages through world-class distribution partners including NBCUniversal, FOX Sports, 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.
Nextbite is helping drive and shape the new digital era for the restaurant industry. A leader in virtual restaurants and the pioneer in online order management, the company is focused on helping restaurant partners successfully enter the virtual restaurant space with new delivery-only menus, using underutilized labor and kitchen capacity, to increase margins and revenue. Originally founded as Ordermark in 2017, Nextbite is the only all-in-one virtual restaurant solution for existing restaurants and kitchens that pairs the proven Ordermark online ordering/delivery management system with a selection of highly visible, on-trend, delivery brands. Headquartered in Denver and Los Angeles, Nextbite has more than $150M in funding, with its most recent round led by SoftBank. Learn more at nextbite.io, and follow us on Facebook, Instagram, LinkedIn and Twitter.
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 forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to: the impact of the COVID-19 outbreak on our business, results of operations and financial condition; entering, maintaining and renewing major distribution agreements; a rapidly evolving media landscape; WWE Network (including the risk that we are unable to attract, retain and renew subscribers); our need to continue to develop creative and entertaining programs and events; the possibility of a decline in the popularity of our brand of sports entertainment; the continued importance of key performers and the services 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 greater financial resources or marketplace presence of many of our competitors; 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 including without limitation, claims alleging traumatic brain injury; large public events as well as travel to and from such events; our feature film business; our expansion into new or complementary businesses and/or strategic investments; our computer systems and online operations; privacy norms and regulations; a possible decline in general economic conditions and disruption in financial markets; our accounts receivable; our indebtedness including our convertible notes; litigation; our potential failure to meet market expectations for our financial performance, which could adversely affect our stock; Vincent K. McMahon exercises control over our affairs, and his interests may conflict with the holders of our Class A common stock; 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 is 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 and quarterly reports on Form 10-Q.
