World Wrestling Entertainment, Inc. (WWE) News
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Latest WWE News From Around the Web
Below are the latest news stories about World Wrestling Entertainment Inc that investors may wish to consider to help them evaluate WWE as an investment opportunity.
World Wrestling Entertainment (WWE -0.2%) and NBCUniversal (CMCSA -0.1%) have a deal for NBCU's Peacock streaming service to become the exclusive home of the WWE Network in the U.S. That includes a 24/7 live channel and on-demand content arriving March 18. And Peacock will be the sole home for WWE's...
WWE (NYSE: WWE) today announced that multi-platinum recording artist and international superstar Bad Bunny will perform his hit single "Booker T" off his new album "El Último Tour Del Mundo" live for the first time at Royal Rumble this Sunday, January 31 streaming live on WWE Network at 7 pm ET.
As part of a new licensing agreement, World Wrestling Entertainment (WWE) announced that the company will roll it’s WWE Network into NBCU’s Peacock streaming service. The company also offered 2021 guidance and expected to report a record 2020 Operating Income of $209 million and a record 2020 Adjusted OIBDA of $286 million.
World Wrestling Entertainment, Inc. (NYSE: WWE) is shutting its streaming video network and will instead host its content on NBCUniversal's new direct-to-consumer streaming platform Peacock, the companies said Monday.What Happened: WWE will close its WWE Network streaming platform in the U.S. in mid-March and will transition to NBCUniversal's streaming platform that was launched in July.Comcast Corporation (NASDAQ: CMCSA) is the parent company of NBC and NBCUniversal.WWE fans will likely react favorably to the change as they will have the same access to more than 17,000 hours of new and original content on a 24/7 channel at a cheaper cost. WWE charged customers $9.99 a month for its service and will now be included in Peacock's platform for $4.99 a month.Financial terms of the deal were...
NBC Sports shakeup: NHL, Nascar and Premier League to move to USA Network, WWE to be available on Peacock
Comcast’s (CMCSA) NBCUniversal is shutting down sport cable channel NBCSN by the end of 2021. The move was first reported by Sports Business Journal. NBC Sports Chairman Pete Bevacqua in an internal staff memo said, “at the conclusion of 2021, we have decided that the best strategic next step for our Sports Group and the entire Company is to wind down NBCSN completely.”
World Wrestling Entertainment content will move to streaming service Peacock starting March 18 in a deal that is reportedly more than $1 billion.
World Wrestling Entertainment says NBCU's Peacock streaming service will be sole U.S. distributor of its content
World Wrestling Entertainment Inc. said Monday it has agreed to license its content to NBC Universal's new streaming service Peacock, which will become the sole distributor of its content in the U.S. The company said it expects to report record operating profit of $209 million for 2020, despite the challenging environment created by the coronavirus pandemic. "Management expects restrictions related to the spread of COVID-19, particularly related to the cancellation, postponement or reduced capacity of ticketed live events, to continue at least through the first half of 2021," the company said in a statement. "Additionally, management anticipates a significant year-over-year increase in WWE's expense base due to the full return of employees from furlough and continued higher expenses ass...
Peacock and WWE (NYSE: WWE) today announced a multi-year agreement that gives Peacock exclusive streaming rights to WWE Network in the U.S.
WWE (NYSE: WWE) today announced expectations for its 2020 financial results and outlined guidance for 2021. The announcements were made in conjunction with the communication of a new agreement to license WWE’s premium content to NBCU’s Peacock service, which will become the sole streaming distributor in the U.S. of WWE’s first-run premium content.
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