Our multiple sports entertainment brands allow us to perform more than 500 live events a year within the United States and abroad. WWE held 149 total events in the fourth quarter of 2016, including 114 events in North America and 35 events in international markets.
The success of the WWE is due primarily to the continuing popularity of our Superstars. We currently have more than 150 Superstars under exclusive contracts, ranging from multi-year guaranteed contracts with established Superstars to developmental contracts with our Superstars in training. In addition, we continually seek to identify, recruit and develop additional talent for our business.
Superstars highly trained and motivated independent contractors, whose compensation is tied to the revenue that they help generate. We own the rights of substantially all of our characters and exclusively license the rights we do not own through agreements with our Superstars.