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WWE Reports Highest Quarterly Revenue Ever

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• WWE Reports Highest Quarterly Revenue Ever

WWE’s Q1 earnings call took place yesterday. Below is what WWE posted on their corporate website:

WWE® Reports Record First Quarter 2022 Results

First Quarter 2022 Highlights

– Revenue was $333.4 million, an increase of 27% and a quarterly record; Operating Income was $92.4 million, an increase of 42%; and Adjusted OIBDA1 was $111.7 million, an increase of 33% and a quarterly record

– Returned capital to shareholders totaling $38.9 million, including share repurchases and dividends paid

– Announced a multi-year expansion of the Company’s original programming partnership with A&E that includes more than 130 new hours of premium WWE-themed series and specials

– Announced a broadcast partnership with MBC Group, the largest and leading group in the Middle East and North Africa (MENA) region, to air WWE premium live events, live episodes of Raw and SmackDown as well as WWE Network’s vast library of content

– Announced a comprehensive, long-term partnership with Fanatics to create a new, enhanced digital platform for e-commerce and licensed merchandise, as well as physical, digital, and non-fungible token (NFT) trading cards

– WWE 2K22, the latest installment of the Company’s flagship video game franchise, was released to strong consumer demand and rave reviews

WrestleMania Highlights (April 2-3, 2022)

– WrestleMania was held at AT&T Stadium in Dallas over two consecutive nights in front of a combined 156,352 fans. WrestleMania was WWE’s highest-grossing and most-attended event in company history

– WrestleMania was the most viewed WWE premium live event of all time. Global unique viewership increased 54% and domestic unique viewership increased 61% year-over-year

– WrestleMania was the second most viewed event on Peacock to date, behind only Super Bowl LVI

– WrestleMania generated 2.2 billion social media impressions, more than the 1.8 billion impressions generated by Super Bowl LVI

– WrestleMania viewership in India was a record 56.1 million, a 29% increase year-over-year

WATCH: Mickie James Grabs Trish Stratus’ Knockers:

• ON THIS DAY IN WWF HISTORY (May 6, 2001) – WWF Sunday Night HEAT

On this day in 2001, the World Wrestling Federation aired an episode of their weekly TV show ‘WWF Sunday Night HEAT’.

It was broadcasted from the Conseco Fieldhouse in Indianapolis, Indiana and featured pre-taped matches, interviews & storyline segments on the road to the ‘WWF Judgment Day 2001’ PPV.

The card can be found right here:

1. Billy Gunn vs. Randy Orton

2. Taka Michinoku vs. Crash Holly

3. Steve Blackman vs. Perry Saturn

4. The APA vs. Albert & Justin Credible


        
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