WrestleMania® smashes revenue and attendance records | Entertainment News

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DALLAS–(BUSINESS WIRE)–April 4, 2022–

WWE ® (NYSE: WWE) announced that WrestleMania 38 became WWE’s highest-grossing and highest-attended event in company history. WWE’s annual pop culture extravaganza saw 156,352 fans from all 50 states and 53 countries converge on Dallas’ AT&T Stadium over two thrilling nights, surpassing previous gate and attendance records set by WrestleMania 32 in 2016.

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WRESTLEMANIA® BREAKS RECORDS IN REVENUE AND FREQUENCIES (Photo: Business Wire)

“On behalf of our family and the entire Dallas Cowboys organization, we are thrilled to have once again broken records with WrestleMania at AT&T Stadium,” said Dallas Cowboys Chief Brand Officer Charlotte Jones. “I’ve seen WWE’s commitment firsthand to its fans and host cities. We’re so grateful for their partnership and desire to always over-deliver.

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“The City of Dallas would like to thank WWE for presenting an incredible WrestleMania week of events at the American Airlines Center and the Kay Bailey Hutchison Convention Center,” said Dallas Mayor Eric Johnson. “The week was an economic boon for Dallas and proved once again that our city is a premier host for major sporting events.”

“The City of Arlington is extremely grateful to WWE for bringing back its biggest annual celebration,” said Arlington Mayor Jim Ross. “We look forward to the opportunity to break this record with a future WrestleMania at AT&T Stadium.

“We are delighted that WrestleMania Returning to Dallas again generated record-breaking results, proving that everything is indeed bigger in Texas,” said John Saboor, WWE Executive Vice President for Special Events. “We are grateful to the Jones family and the entire Dallas Cowboys organization, the Dallas Sports Commission, the City of Arlington, the City of Dallas and all public and private sector partners who have contributed to making Wrestle Mania 38 the two most extraordinary nights WrestleMania in history. We now turn our attention to next year, where WrestleMania will take over Hollywood.

Wrestle Mania 39 takes place in Los Angeles at Sofi Stadium and Hollywood Park on Saturday, April 1, 2023 and Sunday, April 2, 2023. Ticket information will be announced later this year.

WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and a recognized leader in global entertainment. The company consists of a portfolio of companies that create and deliver original content 52 weeks a year to global audiences. WWE is committed to providing family entertainment on its television programming, premium live events, digital media and publishing platforms. WWE TV-PG programming can be seen in over a 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 huge library of on-demand videos and is currently available in over 180 countries. In the United States, NBCUniversal’s streaming service Peacock is the exclusive home of WWE Network.

Additional information about WWE (NYSE: WWE) is available at wwe.com and corporate.wwe.com.

Trademarks: All WWE programs, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its affiliates. 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, but are not limited to, risks related to: the impact of the COVID-19 outbreak on our business, results of operations and financial condition; enter into, maintain and renew major distribution agreements; a rapidly changing media landscape; WWE Network (including the risk that we may not be able 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 sports entertainment brand; the continued importance of key performers and the services of Vincent K. McMahon; possible adverse changes in the regulatory environment and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and the increased financial resources or market 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 activities if we fail to comply with applicable regulations; our reliance on our intellectual property rights, our need to protect those rights, and the risks of our infringement of the intellectual property rights of others; the complexity of our rights agreements across distribution mechanisms and geographies; potential substantial liability for accidents or injuries occurring at our physically demanding events, including, without limitation, claims alleging traumatic brain injury; major 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 standards and regulations; possible deterioration in general economic conditions and disruption of financial markets; our accounts receivable; our debt, including our convertible notes; litigation; our potential inability to meet market expectations regarding our financial performance, which could negatively impact 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 such shares could cause our share price to decline; 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 historical and projected liquidity and cash flows, our strategic plan (including other uses of capital), our results and financial condition, contractual and legal restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and any other factors that our advice d administration may deem relevant. Forward-looking statements made by the Company speak only as of the date they are 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 on the 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 filings. by the Company with the SEC, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q.

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KEYWORD: UNITED STATES NORTH AMERICA TEXAS

INDUSTRY KEYWORD: ENTERTAINMENT SPORTS TV & RADIO WRESTLING CELEBRITY EVENTS/CONCERTS

Copyright BusinessWire 2022.

PUBLISHED: 04/04/2022 09:07 AM/DISC: 04/04/2022 09:07 AM

http://www.businesswire.com/news/home/20220404005588/en

Copyright BusinessWire 2022.