WWE (WWE) announced that WrestleMania 39 became highest-grossing event in company history. The two-night, sold-out event at SoFi Stadium in Los Angeles set new records for viewership, gate, sponsorship, merchandise and social media, WWE said. WrestleMania 39 generated a gate of more than $21.6M, breaking the previous record by 27%, with 161,892 in attendance at SoFi Stadium over the two nights, it added. On Monday, Endeavor (EDR) and WWE announced that they have signed a definitive agreement to form a new, publicly listed company consisting of two global sports and entertainment brands: UFC and WWE.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly
See Insiders’ Hot Stocks on TipRanks >>
Read More on WWE:
- UFC Parent will Merge with WWE in a Knockout Deal
- Endeavor Group, WWE to form global live sports, entertainment company
- WWE, UFC reported deal implies $102/share, says Wells Fargo
- Endeavor Group nears deal to acquire WWE, Bloomberg reports
- Comcast not part of WWE sale process, CNBC’s David Faber says