Endeavor Group to close WWE and UFC merger

Endeavor Group is to finalises the merge with its subsidiary company Ultimate Fighting Championship (UFC) World Wrestling Entertainment (WWE) and UFC on September 12. The pro-wrestling franchise is to combine with the martial arts outfit to form TKO Group Holdings (TKO). Once the merge is completed by September 12, the company said TKO will list […]

WWE reports earnings up by 25% in second quarter

Pro-wrestling media organisation World Wrestling Entertainment (WWE) had an impressive second quarter of 2023 with revenue increased by 25% in 2022, from $81.1 million to $410.3 million, according to its Q2 financial earning results. Operating income went up by 26% to $87.3 million, with adjusted operating income before depreciation and amortisation (OIBDA) up by 54%, […]

WWE to host first premium event in London in two decades

Mixed martial arts leader WWE is to host its first premium live event in London in over two decades next week. WWE Universe will host its Money in the Bank event at the O2 Arena on Saturday July 1. The event is centred around a ‘ladder match’ where WWE ‘Superstars’ compete to obtain a briefcase, […]

WWE relaunches wrestling channel on Twitch

Pro wrestling outfit, World Wrestling Entertainment (WWE) has inked a deal with the Amazon-owned live-streaming platform Twitch to launch the return of the WWE channel and the popular WWE Superstar channels, featuring live and exclusive content on the platform. The WWE channel will house other live productions and will serve as an alternate live streaming feed […]

Endeavor to combine UFC and WWE in US$21bn ‘sports and entertainment powerhouse’

LA-based talent group Endeavor has agreed to buy World Wrestling Entertainment (WWE) as part of a deal to create a $21bn “live sports and entertainment powerhouse”. Endeavor and WWE said they had struck a ‘definitive agreement’ to create an as-yet unnamed new company that will house WWE and Ultimate Fighting Championship (UFC), the latter acquired […]

WWE reports record revenues in 2022, predicts more of the same this year

Leading wrestling franchise WWE has reported Q4 2002 revenues of $325.3m, up 5% year on year. For the full year, revenue was up 18% to $1.3bn, the highest in WWE’s history. Nick Khan, WWE CEO, called 2022 a “strong year for WWE. We generated record results and our business continued to perform well due to […]

Executive reshuffle for WWE

Mixed martial arts outfit WWE has named Vince McMahon as executive chairman following the resignation of Stephanie McMahon as chairwoman and Co-CEO. Nick Khan will serve as WWE’s sole CEO. Stephanie McMahon, Vince McMahon’s daughter and, like her father, an ex-professional wrestler, was named interim chairwoman and co-CEO in July last year alongside Kahn following […]

Africa’s Showmax extends streaming partnership with WWE Network

MultiChoice-owned streaming service Showmax has unveiled a deal that will see it become the new home of wrestling’s WWE Network in sub-Saharan Africa. Under the terms of the extensive partnership, all WWE Premium Live Events as well as WWE Network’s library of original and archived programming will be available to stream on-demand. Additionally, SuperSport, the sports […]

Foxtel announces major deal to become Australian home of WWE

Foxtel Group has announced a major multi-year partnership with WWE to make it the home of WWE in Australia. The new deal will continue to provide Foxtel Group’s 4.5 million subscribers with access to WWE content on both the FOX8 channel and on a new, dedicated 24/7 WWE channel to launch from December 2022. The […]

Vince McMahon retires as CEO and chairman of WWE

Vince McMahon, the owner of WWE, has announced his retirement as CEO chairman of the professional wrestling promoter after weeks of controversy.  Last month, the exec stepped back from his role after a Wall Street Journal story reported that McMahon, 76, made a secret US$3 million settlement with a former employee with whom he allegedly […]

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