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WWE Reports Highest Revenue In Company History (Details)

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• WWE Reports Highest Revenue In Company History (Details)

WWE reported 4th quarter results and complete 2022 results yesterday. Below are the highlights:

– Revenue for the 4th Quarter of 2022 was $325.3 million, an increase of 5%; Operating income was $62.7 million, a decrease of 22%; and Adjusted OIBDA1 was $90.2 million, a decrease of 4%.

– Crown Jewel 2022 was the most viewed international event in WWE’s history. Domestic unique viewership on Peacock increased 70% over the prior year event.

– Each WWE domestic premium live event (Extreme Rules and Survivor Series) was the most viewed event in its history with year-over-year increases of 36% and 46%, respectively, in domestic unique viewership.

– In January 2023, WWE held Royal Rumble at the Alamodome in San Antonio, TX. The event was the most viewed Royal Rumble in WWE’s history, with a 52% year-over-year increase in domestic unique viewership, and generated the highest gate in the event’s history.

– Revenue for 2022 increased 18% to $1.3 billion, the highest in the Company’s history.

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• On This Day In Pro Wrestling History (February 3, 1989) – WWF The Main Event 2 *The Mega Powers Break-Up*

On this day in Pro Wrestling history on February 3, 1989, the World Wrestling Federation aired ‘WWF The Main Event II’ LIVE on NBC.

The entire TV show only included 2 matches, but still made history as it included “The Macho Man” Randy Savage’s Heel turn on Hogan, thus breaking up The Mega Powers, which led to their epic WrestleMania V Main Event.

The results of the show were:

– The Mega Powers defeated The Twin Towers

– “The Million Dollar Man” Ted DiBiase defeated Hercules

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