Subhojeet Mukherjee on August 21, 2023
WWE has seen quite a few changes after Triple H took over as the head of the Creative department. The results speak for themselves as WWE continues to break records. Now it appears WrestleMania 40 has broken a massive all-time record in just one day.
Many fans believe the world of professional wrestling is in a boom period right now, with WWE leading the front as the company has managed to break record after record with their weekly shows and Premium Live Events.
WWE took to their official website and announced that WrestleMania 40 has broken its all-time gate record in just one day of tickets being on sale. The event has sold over 90,000 tickets for the two-day event, earning them $21.6 million. Even Triple H commented on WWE’s monumental success.
WrestleMania 40 Breaks WWE® All-Time Gate Record in One Day
WrestleMania 40 at Lincoln Financial Field in Philadelphia Sells More than 90,000 Tickets and Surpasses the WrestleMania 39 Total Gross of $21.6 Million
STAMFORD, Conn.–(BUSINESS WIRE)– WWE® (NYSE: WWE) today announced that WrestleMania 40 broke the company’s all-time gate record in one day. The previous total gross record – $21.6 million – was set earlier this year at WrestleMania 39 at SoFi Stadium in Los Angeles.
WrestleMania 40, which takes place at Lincoln Financial Field in Philadelphia on Saturday, April 6 and Sunday, April 7, sold more than 90,000 tickets when it went on sale last Friday.
The record gate comes on the heels of unprecedented ticket sales demand for WWE in 2023, which to date has produced the highest-grossing gates of all-time for premium live events such as SummerSlam, Royal Rumble and Money In The Bank. SummerSlam, which emanated from Ford Field in Detroit earlier this month, generated a record gate of $8.5 million, the largest gate for any non-WrestleMania event ever.
Additionally, On Location has sold more fan experience packages for WrestleMania 40 than all of WrestleMania 39 and broke the all-time revenue record for a single WWE event in this area.
Limited tickets for WrestleMania 40 are still available via https://www.ticketmaster.com/. In addition, limited exclusive ticket packages are available for WrestleMania 40 via On Location. WrestleMania 40 Priority Passes offer the WWE Universe the chance to be ringside for every exhilarating moment, including premium seating, pre-show hospitality with WWE Superstar appearances, ringside photo opportunities, exclusive merchandise and more.
About WWE
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media and publishing platforms. WWE’s TV-PG programming can be seen in more than 1 billion homes worldwide in 25 languages through world-class distribution partners including NBCUniversal, FOX, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video-on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.
Additional information on WWE can be found at wwe.com and corporate.wwe.com.
Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward looking statements include statements regarding our outlook regarding future financial results, the impact of recent changes to management and our board of directors (the “Board”): the timing and outcome of the Company’s media and other rights negotiations including major domestic programming licenses before their expirations through 2024: the Company’s pending business combination with UFC, our plans to remediate identified material weaknesses in our disclosure control and procedures and our internal control over financial reporting, and regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. The words “may,” “will,” ·could,” ·anticipate,” “plan,” “continue,” “project,” “intend,” ·”estimate,” “believe,” ·expect,” ·outlook,” “target.” “goal,” ·”guidance” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These statements relate to future possible events, as well as our plans, objectives, expectations and intentions and are not historical facts and accordingly involve known and unknown risks and uncertainties and other factors that may cause the actual results or the performance by us to be materially different from expected future results or performance expressed or implied by any forward-looking statements.
These forward-looking statements are subject to uncertainties relating to, without limitation, the consummation of the pending business combination with UFC in the expected timeline or at all; diversion of management’s time and attention due to the pending business combination with UFC: the availability of sufficient cash at the close of our transaction with UFC to distribute to shareholders of the new public company in line with current expectations; possible disruptions in our content delivery and online operations and our those of our business partners; privacy norms and regulations; our need to continue to develop creative and entertaining programs and events; our need to retain and continue to recruit key performers; the possibility of a decline in the popularity of our brand of sports entertainment: possible adverse changes in the regulatory atmosphere and related private sector initiatives: the highly competitive. rapidly changing and increasingly fragmented nature of the markets in which we operate and/or our inability to compete effectively, especially against competitors with greater financial resources or marketplace presence; 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 businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events; large public events as well as travel to and from such events; our expansion into new or complementary businesses, strategic investments and/or acquisitions; our accounts receivable; the construction and move to our new leased corporate and media production headquarters; litigation and other actions, investigations or proceedings; a change in the tax laws of key jurisdictions; inflationary pressures and interest rate changes; our indebtedness including our convertible notes; our potential failure to meet market expectations for our financial performance; our share repurchase program; the impact of actions by Mr. McMahon (our controlling shareholder, whose interests could conflict with those of our Class A common stockholders); the substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could cause our stock price to decline; and the volatility in trading prices of our Class A common stock. In addition. our dividend and share repurchases are dependent on a number of factors, including. among other things, our liquidity and historical and projected cash flow, strategic plan (including alternative uses of capital, our financial results and condition. contractual and legal restrictions, general economic and competitive conditions and such other factors as our Board may consider relevant.
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View source version on businesswire.com: https://www.businesswire.com/news/home/20230821515024/en/
WrestleMania 40 will be taking place in the Lincoln Financial Field in Philadelphia, Pennsylvania on April 6th and 7th, 2024. With so much momentum behind the company already, it comes as no surprise WrestleMania 40 broke records. We’ll have to wait and see whether the event will live up to all the hype next year.
What’s your view on this incredible achievement? Do you think WWE is on the biggest hot streak in the company’s history right now? Share your thoughts in the comments below!
August 21, 2023 9:28 am
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