WrestleMania® Breaks Records

WrestleMania® Breaks Records


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NEW ORLEANS--(BUSINESS WIRE)--Apr 6, 2014--WWE ® (NYSE:WWE) announced tonight that WrestleMania 30 broke the record for the Mercedes-Benz Superdome’s highest grossing entertainment event. This marks the fifth consecutive year that WWE broke the host venue’s highest-grossing entertainment event record. WWE’s annual pop-culture extravaganza grossed $10.9 million as a sold-out crowd of 75,167 from all 50 states and 37 countries converged on the Mercedes-Benz Superdome in New Orleans. The event was broadcast live in the U.S. on WWE Network and via cable and satellite providers on pay-per-view in more than 100 countries and 20 languages.

A sold-out crowd of 75,167 from all 50 states and 37 countries converged on the Mercedes-Benz Superdome in New Orleans for WrestleMania 30 (Photo: Business Wire)

The previous gross revenue record for an entertainment event at the Mercedes-Benz Superdome was the three-day Essence Festival in 2013 featuring Beyoncé.

"On behalf of the city of New Orleans, I would like to thank all of the fans who came from around the world to WrestleMania 30," said New Orleans Mayor Mitch Landrieu. " WrestleMania has taken its rightful place amongst the most historic events ever held in New Orleans."

"The success of WrestleMania week in New Orleans would not have been possible without the tireless support of Mayor Mitch Landrieu, as well as our public and private sector partners who built an amazing blueprint to welcome our fans from around the world to this milestone celebration," said John P. Saboor, Executive Vice President of Special Events, WWE. "We now begin our exciting journey to Silicon Valley for WrestleMania 31."

WrestleMania 31 takes place on Sunday, March 29, 2015 from Levi’s® Stadium in Santa Clara, CA. Ticket information will be announced later this year.

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, pay-per-view, digital media and publishing platforms. WWE programming is broadcast in more than 150 countries and 30 languages and reaches more than 650 million homes worldwide. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mexico City, Miami, Mumbai, Shanghai, Singapore, Munich and Tokyo.

Additional information on WWE (NYSE:WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.

Trademarks: All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos and copyrights are the exclusive property of WWE and its subsidiaries. All other trademarks, logos and copyrights are the property of their respective owners.

Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to entering into, maintaining and renewing key agreements, including television and pay-per-view programming and our new network distribution agreements; risks relating to the launch and maintenance of our new network; the need for continually developing creative and entertaining programming; the continued importance of key performers and the services of Vincent McMahon; the conditions of the markets in which we compete and acceptance of the Company's brands, media and merchandise within those markets; uncertainties relating to regulatory matters; risks resulting from the highly competitive and fragmented nature of our markets; uncertainties associated with international markets; the importance of protecting our intellectual property and complying with the intellectual property rights of others; the risk of accidents or injuries during our physically demanding events; risks associated with producing and travelling to and from our large live events, both domestically and internationally; risks relating to our film business; risks relating to new businesses and strategic investments; risks relating to our computer systems and online operations; risks relating to general economic conditions and our exposure to bad debt risk; risks relating to litigation; risks relating to market expectations for our financial performance; risks relating to our revolving credit facility; risks relating to the large number of shares of common stock controlled by members of the McMahon family and the possibility of the sale of their stock by the McMahons or the perception of the possibility of such sales; the relatively small public float of our stock; and other risks and factors set forth from time to time in Company filings with the Securities and Exchange Commission. Actual results could differ materially from those currently expected or anticipated. In addition, our dividend is 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 on the payment of dividends, general economic and competitive conditions and such other factors as our Board of Directors may consider relevant.

Photos/Multimedia Gallery Available:http://www.businesswire.com/multimedia/home/20140406005085/en/

CONTACT: WWE

Media:

Adam Hopkins, 203-352-8675

Adam.Hopkins@wwecorp.com

or

Investor:

Michael Weitz, 203-352-8642

Michael.Weitz@wwecorp.com

KEYWORD: UNITED STATES NORTH AMERICA LOUISIANA

INDUSTRY KEYWORD: ENTERTAINMENT WRESTLING GENERAL ENTERTAINMENT GENERAL SPORTS COMMUNICATIONS PUBLIC RELATIONS/INVESTOR RELATIONS EVENTS/CONCERTS SPORTS

SOURCE: WWE

Copyright Business Wire 2014

PUB: 04/06/2014 10:36 PM/DISC: 04/06/2014 10:36 PM

http://www.businesswire.com/news/home/20140406005085/en

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.

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