• WWE Reports Highest Revenue In Company’s History For 2021 – Over $1 Billion (Details)
WWE issued the following press release for their 2021 financial results:
Fourth Quarter 2021 Highlights
– Revenue increased 30% to $310.3 million
– Operating income increased 131% to $83.6 million
– Adjusted OIBDA1 increased 90% to $97.2 million
– Returned capital to shareholders totaling $59.0 million, including share repurchases and dividends paid
Full Year 2021 Highlights
– Revenue increased 12% to $1.095 billion, the highest in the Company’s history
– Operating income increased 24% to $259.0 million
– Adjusted OIBDA1 increased 14% to a record $327.1 million
– Launched WWE Network content on Peacock, NBCU’s streaming service in the U.S., providing a larger audience and increasing viewership for WWE’s premium live shows, original series, and vast library
– Announced a new strategy for premium live events, which focuses on staging these events in stadiums rather than arenas, and utilizes targeted dates to maximize WWE’s live audience potential
– Completed consumer product deals including partnerships with Blockchain Creative Labs (Fox) to launch an NFT marketplace and with Panini to be the exclusive provider of WWE trading cards
– Created the Next in Line program to recruit the next generation of WWE Superstars, which was initiated with 16 collegiate athletes, including Olympic gold medalist Gable Steveson
– Returned capital to shareholders totaling $202.0 million, including share repurchases and dividends paid
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• ON THIS DAY IN WWF HISTORY (February 3, 1996) – WWF Superstars
On this day in 1996, the World Wrestling Federation aired an episode of their weekly TV show ‘WWF Superstars’.
This episode was pre-taped at the Convention Center in San Jose, California and featured matches & storyline segments on the road to the ‘WWF In Your House 6: Rage in the Cage’ PPV.
Here’s the card:
– Henry & Phinneas Godwinn vs. James Samudo & Ed Morretti
– Isaac Yankem D.D.S. (Kane) vs. Avatar (Al Snow)
– Marty Jannetty vs. Greg Davis
– Hakushi vs. Buddy Wayne
– Razor Ramon vs. Jeff Jarrett
