World Wrestling Entertainment

World Wrestling Entertainment, Inc. is an integrated media and entertainment company. The firm is engaged in the production and distribution of content through various channels including the premium over-the-top network monetized through license arrangements or through direct-to-consumer subscriptions, content rights agreements, premium live event programming, filmed entertainment, live events, licensing of various WWE themed products, and the sale of consumer products featuring its brands. It operates through the following business segments: Media, Live Events, and Consumer Products. The Media segment reflects the production and monetization of long-form and short-form video content across various platforms including WWE Network, broadcast and pay television, digital and social media, as well as filmed entertainment. The Live Events segment revenues consist of ticket sales and revenues from events for which it receives a fixed fee, as well as the sale of travel packages associated with the firm's global live events. The Consumer Products segment is engaged in the merchandising of WWE branded products, such as video games, toys and apparel, through licensing arrangements and direct-to-consumer sales. The company was founded by Vincent Kennedy McMahon in 1980 and is headquartered in Stamford, CT.

Earnings data Q2 2024

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World Wrestling Entertainment is an American sports entertainment and integrated media company.

A U.S. judge rejected World Wrestling Entertainment's effort to dismiss a smaller rival's antitrust lawsuit that accused it of monopolizing the market for professional wrestling media rights.

WWE must face wrestling rival's antitrust lawsuit

STAMFORD, Conn.--(BUSINESS WIRE)--WWE® (NYSE: WWE) today announced that WWE Payback will take place Saturday, September 2 from PPG Paints Arena in Pittsburgh. It marks the first premium live event to emanate from Pittsburgh in five years. WWE Payback will stream live exclusively on Peacock in the U.S. and WWE Network everywhere else. Tickets for WWE Payback go on sale Tuesday, June 27 at 10 a.m. ET via https://www.ticketmaster.com/. To learn more about registering for pre-sale opportunities, pl.

Pittsburgh to Host WWE® Payback on September 2

Endeavor Group Holdings

Endeavor Group has recently disclosed its intention to execute on a $300 million share buyback and initiate quarterly dividend payouts of $25 million. EDR has previously reached a deal with World Wrestling Entertainment to merge UFC and WWE, and the transaction is expected to have a favorable impact on Endeavor in many ways. I award a Buy rating to EDR; Endeavor Group's valuations are attractive and there are drivers like capital return and the UFC-WWE deal to push EDR's share price up.

Endeavor Group: Spotlight On Capital Return And UFC-WWE Merger

Netflix

Paramount Global

Media and entertainment sector offers investment opportunities due to changing tastes, technological advances, and competition. Netflix, Paramount Global, and World Wrestling Entertainment show varying performances, with Netflix being the strongest percentage winner. Investors should consider a stock's relative performance versus a broad index to better understand its behavior compared to peers.

Active Investors Who Relish Change Can Find It In These Media And Entertainment Stocks

STAMFORD, Conn.--(BUSINESS WIRE)--WWE® (NYSE: WWE) today 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 today a companion sidecast to Monday Night RAW, bringing the WWE Universe behind the scenes and closer to the in-ring action. The weekly viewing experience will be led by a rotating cast of hosts and will regula.

WWE® Announces Multi-Year Partnership With Twitch

WWE (WWE) reported earnings 30 days ago. What's next for the stock?

Why Is WWE (WWE) Down 5.5% Since Last Earnings Report?

SANTA CLARA, Calif.--(BUSINESS WIRE)-- #digitaltransformation--Today Enlighted, a leading proptech company owned by Siemens, announced a new engagement with World Wrestling Entertainment (WWE) to support its vision of a smart, energy efficient headquarters. The leader in global entertainment that can be seen in more than 1 billion homes worldwide will use Enlighted's intelligent lighting control, smart sensors, IoT data services and real time location services (RTLS) to achieve occupancy-based energy savings, optimal s.

Enlighted to Deliver Heavyweight Energy Savings, Productivity and Sustainability at New WWE HQ

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Ranking among the most speculative practices in the equities arena, deliberately bidding up short-interest stocks may generate wildly robust gains. At the same time, higher risks for the intrepid market participant also signifies substantial risks.

7 Short-Interest Stocks to Target for Explosive Gains

STAMFORD, Conn.--(BUSINESS WIRE)--WWE (NYSE: WWE) announced that its Chief Executive Officer, Nick Khan, will participate in the JP Morgan Global Technology, Media & Communications Conference on Tuesday, May 23, 2023 at 10:50 a.m. Eastern Time in Boston, MA. A live webcast of the event will be available on the company's Investor Relations website at corporate.wwe.com/investors. A replay of the webcast will be available shortly after the conclusion of the presentation. About WWE WWE, a publi.

WWE® to Participate in JP Morgan Global Technology, Media & Communications Conference

The new, publicly traded company to be created by the planned merger of UFC and WWE will be called TKO Group Holdings — a reference to the professional fighting term “technical knockout.” Sources close to Endeavor confirmed the name. It's not a huge surprise, the previously announced ticker symbol is TKO.

Technical Knockout? Merged UFC-WWE To Be Called TKO Group Holdings

UFC owner Endeavor and WWE aim to create a sports entertainment giant valued at more than $20 billion.

The combined WWE and UFC will be called TKO Group

STAMFORD, Conn.--(BUSINESS WIRE)--WWE (NYSE: WWE) announced that its Chief Executive Officer, Nick Khan, will participate in the SVB MoffettNathanson Technology, Media & Telecom Conference on Thursday, May 18, 2023 at 1:00 p.m. Eastern Time in New York, NY. A live webcast of the event will be available on the company's Investor Relations website at corporate.wwe.com/investors. A replay of the webcast will be available shortly after the conclusion of the presentation. About WWE WWE, a public.

WWE® To Participate in SVB MoffettNathanson Technology, Media & Telecom Conference

STAMFORD, Conn.--(BUSINESS WIRE)--WWE (NYSE: WWE) (the “Company”) today announced that it entered into privately-negotiated agreements with certain investors to exchange an aggregate of 6.9 million shares of its Class A common stock and $3.9 million in cash for $171.0 million principal amount of its outstanding 3.375% Convertible Senior Notes due 2023 (the “Notes”) held by such investors (the “Exchanges”) pursuant to exemptions from registration under the Securities Act of 1933, as amended, and.

WWE® Announces Agreements to Issue 6.9 million Shares of its Common Stock in Exchange for $171.0 million of its 3.375% Convertible Senior Notes Due 2023

STAMFORD, Conn.--(BUSINESS WIRE)--WWE (NYSE: WWE) announced that its Annual Meeting of Stockholders (the “Annual Meeting”), which is scheduled to be held at 1:00 p.m. Eastern Time on Thursday, May 18, 2023, will be adjourned immediately after it is convened until 1:00 p.m. Eastern Time on Wednesday, May 31, 2023. The record date will remain March 21, 2023 and shareholders of record as of the record date will continue to be entitled to vote at the reconvened Annual Meeting. Shareholders who have.

WWE® to Adjourn Annual Meeting Until May 31, 2023

Endeavor will start making quarterly cash dividend payments of up to $25 million starting in the third quarter, is planning to repurchase up to $300 million worth of shares, and will pay down $50 million more in debt as sees its cash position improving with a big asset sale, and ahead of the planned merger

Endeavor To Pay Its First Cash Dividend, Plans Stock Buyback Ahead Of UFC-WWE Merger

STAMFORD, Conn.--(BUSINESS WIRE)--WWE® (NYSE: WWE) today announced that WWE Backlash®, which emanated from the Coliseo de Puerto Rico José Miguel Agrelot in San Juan, Puerto Rico, became WWE's highest-grossing and most-viewed Backlash in company history. Viewership of Backlash saw a 28 percent increase versus the record set in 2022. The event, which featured Bad Bunny, the most-streamed music artist in the world, marked the largest gate ever for any WWE event held in Puerto Rico and the largest.

WWE® Delivers Record-Breaking Backlash in Puerto Rico

WWE and UFC are set to merge later this year to create a company worth more than $21 billion.

Hardcore wrestling fans are torn over the WWE-UFC merger – but they love the drama

STAMFORD, Conn.--(BUSINESS WIRE)--WWE® (NYSE: WWE) today announced additional live events in Canada as part of the company's 2023 touring schedule. Tickets go on sale next Friday, May 12 at 10 a.m. The schedule includes: - Saturday, August 19: WWE Supershow – Canadian Tire Centre in Ottawa, Ontario - Sunday, August 20: WWE Supershow – Place Bell in Laval, Quebec - Monday, August 21: Raw® – Centre Videotron in Quebec City, Quebec Additionally, tickets for the following events, which were previou.

WWE® Announces Additional Canadian Dates to Live Event Schedule

World Wrestling's (WWE) first-quarter results reflect a year-over-year decline in both earnings and revenues due to a shift in timing of the staging of a large-scale international event.

World Wrestling (WWE) Q1 Earnings Beat, Revenues Fall Y/Y

World Wrestling Entertainment, Inc. (NYSE:WWE ) Q1 2023 Earnings Conference Call May 3, 2023 8:30 AM ET Company Participants Seth Zaslow - Head of IR Nick Khan - CEO Frank Riddick - CFO Paul Levesque - Chief Content Officer Conference Call Participants Curry Baker - Guggenheim Securities Brandon Ross - LightShed Partners Ben Swinburne - Morgan Stanley Steven Cahall - Wells Fargo Securities Eric Handler - ROTH MKM Partners Peter Supino - Wolfe Research David Karnovsky - JPMorgan Alan Gould - Loop Capital Markets Jason Bazinet - Citigroup Operator Please stand by we're about to begin. Hello and welcome to WWE's First Quarter Earnings Conference Call.

World Wrestling Entertainment, Inc. (WWE) Q1 2023 Earnings Call Transcript

World Wrestling Entertainment Inc.'s WWE stock rose 1.2% in premarket trades after the media and entertainment company's first-quarter results beat Wall Street's top and bottom line estimates early Wednesday. The company reported net income of $36.7 million, or earnings of 43 cents a share, compared with net income of $66.1 million, or 77 cents a share, in the same period last year.

WWE stock rises on Q1 top and bottom line beat, robust guidance

STAMFORD, Conn.--(BUSINESS WIRE)--WWE (NYSE: WWE) today announced financial results for its first quarter ended March 31, 2023. “We are off to a strong start in 2023. Operationally, we continue to effectively execute our strategy, including staging the most successful WrestleMania of all time in early April. WrestleMania, as well as our other successful premium live events such as Royal Rumble and Elimination Chamber, and strong viewership for our weekly flagship programs, Raw and SmackDown, fu.

WWE® Reports First Quarter 2023 Results

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Royal Gold

With solid EPS growth expected in 2023, it's quite possible that Axcelis Technologies, Royal Gold, and WWE will offer positive guidance during their Q1 reports which could lead to more upside in their stocks.

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NEW YORK , April 26, 2023 /PRNewswire/ -- Shareholder rights law firm Julie & Holleman LLP is investigating the proposed merger between Endeavor Group Holdings, Inc. (NYSE: EDR) and World Wrestling Entertainment, Inc. (NYSE: WWE), whereby the two entertainment giants will combine to form a new public company. To learn more about the investigation and potential legal claims, click here.

EDR SPECIAL ALERT: Endeavor Shareholders Interested in Pursuing Claims Regarding Merger with WWE Should Contact Shareholder Rights Firm Julie & Holleman LLP

WWE (WWE) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.

News for World Wrestling Entertainment Stock (WWE)