WrestleMania® XXIV Tops One Million PPV Buys…Again
STAMFORD, Conn., May 8, 2008 – WrestleMania XXIV generated approximately 1.1 million pay-per-view buys, amounting to $23.8 million in pay-per-view revenue in the first quarter of 2008.
WrestleMania XXIV also grossed more than $5.85 million in ticket sales, making it the highest grossing live event in WWE history and in the history of the Citrus Bowl. The premiere event in sports entertainment also set an attendance record for the Citrus Bowl with 74,635 fans from all 50 states, five Canadian provinces and 21 countries.
By comparison, WrestleMania 23 generated approximately 1.2 million buys and $24.6 million in pay-per-view revenue, which was recorded during the second quarter of 2007.
WrestleMania XXIV will be released on DVD on Tuesday, May 20. Both the 3-disc deluxe DVD package and the 2-disc Blu-ray version will include all of the action and excitement of WrestleMania XXIV, as well as four and a half hours of extras - including the entire 2008 Hall of Fame induction ceremony and the WrestleMania Battle Royal.
Consumer Media Contacts: Gary Davis, 203-353-5066
Investor Contact: Michael Weitz, 203-352-8642
Trademarks: “All WWE programming, talent names, images, likenesses, slogans, wrestling moves, trademarks, copyrights and logos are the exclusive property of World Wrestling Entertainment, Inc. and its subsidiaries. All other trademarks, logos and copyrights are the property of their respective owners.”
Forward-Looking Statements: This news 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 the conditions of the markets for live events, broadcast television, cable television, pay-per-view, Internet, feature films, entertainment, professional sports, and licensed merchandise; acceptance of the Company's brands, media and merchandise within those markets; uncertainties relating to litigation; risks associated with producing live events both domestically and internationally; uncertainties associated with international markets; risks relating to maintaining and renewing key agreements, including television distribution agreements; 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 to these risks and uncertainties, our dividend is based on a number of factors, including our liquidity and historical and projected cash flow, strategic plan, our financial results and condition, contractual and legal restrictions on the payment of dividends and such other factors as our board of directors may consider relevant.