Philadelphia Mayor Jim Kenney, the Philadelphia Eagles, the
Philadelphia Convention and Visitors Bureau, PHL Sports and WWE®
(NYSE: WWE) are proud to announce that Lincoln Financial Field in
Philadelphia will host WWE’s pop-culture extravaganza, WrestleMania
40, on Saturday, April 6 and Sunday, April 7, 2024.
This press release features multimedia. View
the full release here:
https://www.businesswire.com/news/home/20220727005368/en/
(Photo: Business Wire)
WrestleMania is more than a two-day event; it’s a week-long
celebration. In addition to WrestleMania, other events will include
Friday Night SmackDown®, the 2024 WWE Hall of Fame Ceremony® and
Monday Night Raw® at Wells Fargo Center as well as other fan events
at the Pennsylvania Convention Center. In addition, WWE will also
host multiple community outreach events, including hospital visits
and Be a STAR® bullying prevention rallies, designed to give back
to the local region.
Over the past decade, WrestleMania has generated more than $1.25
billion in cumulative economic impact for the cities that have
hosted the event. This past April, 156,352 fans from all 50 states
and 53 countries attended WrestleMania at AT&T Stadium,
generating a record $206.5 million economic windfall for the
Dallas/Arlington region.
“We are proud to welcome WWE fans from around the world to
Philadelphia to be a part of the historic 40th WrestleMania in
2024,” said Philadelphia Mayor Jim Kenney. “The week-long series of
events will help put a global spotlight on our great city while
also generating a major impact for our local economy.”
“Philadelphia is excited to host WrestleMania for the first time
in 25 years,” said Philadelphia Convention and Visitors Bureau
President & CEO Gregg Caren. “The combination of Philadelphia’s
passionate fans joining forces with WWE’s worldwide fan base will
create an incredible electricity throughout the city for the events
at Lincoln Financial Field, Wells Fargo Center and the Pennsylvania
Convention Center.”
“The Philadelphia Eagles are thrilled to partner with WWE as
WrestleMania makes its much-anticipated return to Philadelphia in
2024,” said Philadelphia Eagles President and PHL Sports Chair Don
Smolenski. “We are excited to help showcase the industry’s most
iconic event in front of a global viewing audience and look forward
to providing WWE fans in attendance with a first-class experience
at Lincoln Financial Field.”
“On behalf of WWE, we are thrilled to bring WrestleMania back to
the City of Brotherly Love,” said WWE Executive Vice President of
Special Events John Saboor. “We thank all of our local partners who
were integral in making this long-awaited return a reality.”
Additional information on WrestleMania at Lincoln Financial
Field will be announced in the near future.
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 event, digital media and publishing
platforms. WWE’s TV-PG programming can be seen in more than 1
billion homes worldwide in 30 languages through world-class
distribution partners including NBCUniversal, FOX Sports, 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.
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: The
Private Securities Litigation Reform Act of 1995 provides a “safe
harbor” for certain statements that are forward-looking and are not
based on historical facts. Statements in this press release that
include the words “may,” “will,” “could,” “anticipate,” “plan,”
“continue,” “project,” “intend,” “estimate,” “believe,” “expect,”
“outlook,” “target,” “goal” and similar expressions are intended to
identify forward-looking statements, although not all
forward-looking statements contain such words. These statements
relate to our future 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 future results or performance expressed or implied
by such forward-looking statements. The forward-looking statements
in this press release are subject to certain risks and
uncertainties. These risks and uncertainties include, without
limitation, risks relating to: the COVID-19 outbreak, which may
continue to affect negatively world economies as well as our
industry, business and results of operations; entering, maintaining
and renewing major distribution and licensing agreements; a rapidly
evolving and highly competitive media landscape; WWE Network;
computer systems, content delivery and online operations of our
Company and 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; risks related to the resignation of
Vincent K. McMahon; 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; the
complexity of our rights agreements across distribution mechanisms
and geographical areas; 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; a change in the tax laws of
key jurisdictions; our feature film business; a possible decline in
general economic conditions and disruption in financial markets
including any resulting from COVID-19; our indebtedness including
our convertible notes; our potential failure to meet market
expectations for our financial performance; Vincent K. McMahon
exercises control over our affairs, and his interests may conflict
with the holders of our Class A common stock; our share repurchase
program; a substantial number of shares are eligible for sale by
the McMahons and the sale, or the perception of possible sales, of
those shares could lower our stock price; and the volatility of our
Class A common stock. 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
(including under our revolving credit facility), general economic
and competitive conditions and such other factors as our Board of
Directors may consider relevant. Forward-looking statements made by
WWE speak only as of the date made, are subject to change without
any obligation on the part of WWE to update or revise them, and
undue reliance should not be placed on these statements. For more
information about risks and uncertainties associated with WWE’s
business, please refer to the “Management’s Discussion and Analysis
of Financial Condition and Results of Operations” and “Risk
Factors” sections of WWE’s SEC filings, including, but not limited
to, our annual report on Form 10-K, quarterly reports on Form 10-Q
and current reports on Form 8-K.
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220727005368/en/
Media Contact: Adam Hopkins
203-352-8675 Adam.Hopkins@wwecorp.com
Investor Contact: Seth
Zaslow 203-352-1026 Seth.Zaslow@wwecorp.com
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