WrestleMania Sets Record
STAMFORD Conn. November 7 2011 – WWE® announced today that first day ticket sales for WrestleMania XXVIII in Miami resulted in a record gross of $6.3 million shattering the previous first day record of $4.8 million for the 25th Anniversary of WrestleMania.
Tickets went on sale this past Saturday November 5 for WrestleMania XXVIII which takes place Sunday April 1 2012 from Sun Life Stadium in Miami. The main event will feature The Rock® challenging John Cena® in the most highly anticipated main event ever in sports entertainment history. The event will be broadcast on pay-per-view and viewed in more than 100 countries.
“We are thrilled that WrestleMania XXVIII has already made WWE history in such dramatic fashion ” said John Saboor Senior Vice President of Special Events for WWE. “Coming off the momentum of last year’s record breaking event in Atlanta we fully anticipate that this year’s WrestleMania in Miami will be our largest and most successful ever.”
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 pay-per-view digital media and publishing platforms. WWE programming is broadcast in more than 145 countries and 30 languages and reaches more than 500 million homes worldwide. The company is headquartered in Stamford Conn. with offices in New York Los Angeles London Mumbai Shanghai Singapore Istanbul and Tokyo.
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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 without limitation risks relating to maintaining and renewing key agreements including television distribution agreements; the need for continually developing creative and entertaining programming; the continued importance of key performers and the services of Vincent McMahon; the conditions of the markets in which we compete and acceptance of the Company’s brands media and merchandise within those markets; our exposure to bad debt risk; uncertainties relating to regulatory and litigation matters; risks resulting from the highly competitive nature of our markets; uncertainties associated with international markets; the importance of protecting our intellectual property and complying with the intellectual property rights of others; risks associated with producing and travelling to and from our large live events both domestically and internationally; the risk of accidents or injuries during our physically demanding events; risks relating to our film business and any new business initiative which we may undertake; risks relating to the large number of shares of common stock controlled by members of the McMahon family and the possibility of the sale of their stock by the McMahons or the perception of the possibility of such sales; the relatively small public float of our stock; 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 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 general economic and competitive conditions and such other factors as our Board of Directors may consider relevant.
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