Endeavor and WWE have announced the close of their previously announced agreement, valued at $9.3 billion (€8.7bn), and the launch of TKO Group Holdings. TKO brings together UFC, the mixed martial arts organisation, and WWE, an integrated media organisation and a global leader in sports entertainment, to create a new sports and entertainment company serving […]
WWE has announced that WWE Fastlane will take place on October 7th from Gainbridge Fieldhouse in Indianapolis. It marks the first premium live event to emanate from Indianapolis in seven years. WWE Fastlane will stream live exclusively on Peacock in the US and WWE Network everywhere else. Tickets for WWE Fastlane go on sale on […]
WWE has announced a multi-year partnership with Twitch that will see the return of the official WWE channel and popular WWE Superstar channels, featuring live and exclusive content. In addition to the launch of the channel, WWE will debut a companion sidecast to Monday Night RAW, bringing the WWE Universe behind the scenes and closer […]
Endeavor Group, the owner of UFC, and World Wrestling Entertainment (WWE) are to form a new publicly listed company consisting of the two global sports and entertainment brands. Upon closing , Endeavor will hold a 51 per cent controlling interest in the new company, at a cost of $9.3 billion (€8.5bn). Existing WWE shareholders will […]
WWE, the entertainment juggernaut, has announced financial results for its fourth quarter and year ended December 31st 2022. Revenue increased 18 per cent to $1.3 billion (€1.19bn) – a record amount for the company. Operating income increased 11 per cent to a record $283.3 million. Q4 revenue was $325.3 million, an increase of 5 per […]
WWE, the wrestling entertainment company has hired multiple advisors to help the company’s potential sale. WWE said it has retained The Raine Group as financial advisor, Kirkland & Ellis as legal advisor, and August as strategic communications advisor to “support the management team and its Board of Directors in connection with a review of strategic […]
Rumours are circulating that WWE, the wrestling entertainment juggernaut, is set to be sold to Saudi Arabia. In a time of great upheaval for the company, January 10th saw WWE Chairman and Co-CEO Stephanie McMahon announce her resignation from the company just days after her father Vince McMahon was reinstated to the Board of Directors. […]
Vince McMahon is officially back with WWE, rejoining the company’s Board of Directors “Today, we announce that the founder of WWE, Vince McMahon, will be returning to the Board,” said his daughter, Chairwoman & Co-CEO Stephanie McMahon, Co-CEO Nick Khan and Chief Content Officer Paul Levesque in a joint statement. “We also welcome back Michelle […]
Vince McMahon has announced that, after four decades in the role, he is retiring as CEO of entertainment juggernaut WWE. McMahon initially stepped down temporarily last month following reports that emerged in the WSJ that he paid millions to suppress allegations of sexual misconduct and infidelity – but now he has confirmed his retirement. McMahon […]
Dallas Mayor Eric Johnson and Arlington Mayor Jim Ross have revealed that WrestleMania 38 generated $206.5 million (€204.7m) in economic impact for the Dallas/Arlington region this past April, according to a study conducted by the Enigma Research Corporation. This marks a new company record and the first time in history that WrestleMania has generated more […]