Latest in WWE

WWE reported first-quarter revenue of $263.5 million, down 9% from the year-ago quarter but ahead of Wall Street estimates as the company starts to wriggle out of Covid-19’s headlock. Earnings per share also more than doubled the consensus expectation from analysts, reaching 51 cents compared with 31 cents a year…

Extending a long-term relationship with the WWE, NBCUniversal’s USA Network has set a multi-year extension of NXT. The live, weekly two-hour show will shift from Wednesday night to Tuesday starting April 13. "We are incredibly proud of our three-decade partnership with WWE and in extending USA's NXT deal, we are…

After a short hiatus caused by the NCAA men’s basketball tournament’s “March Madness,” the entrepreneurs and sharks are back on top of the Friday evening demos. Sharks Mark Cuban, Kevin O'Leary, Lori Greiner, Robert Herjavec and recurring Shark Daniel Lubetzky heard from entrepreneurs hawking plant-based milk, tattoo…

EXCLUSIVE: Christine Lubrano is swapping oddball comedies for the wrestling ring after joining WWE. Lubrano, who was previously SVP of Original Programming & Development at the AMC Networks-owned cable channel, has joined the WWE as Senior Vice President, Creative Writing Operations. Reporting to Brad Blum, WWE…

The WWE has signed an agreement with Peacock that will bring exclusive U.S. rights to the WWE Network to NBCUniveral’s streaming service starting March 18. Terms for the multi-year deal were not disclosed, but a person familiar with the arrangement pegged it at about $1 billion. The WWE Network’s 17,000-hour lineup of…

WWE has announced the locations for its upcoming Wrestlemania events, setting eyes on Tampa Bay, Dallas and Los Angeles for 2021-2023. Wrestlemania 37 will be held at the Raymond James Stadium in Tampa Bay, Florida. The two day event, taking place April 10 and April 11, was originally set to take place at the SoFi…

WWE Monday unveiled a new virtual experience called WWE ThunderDome with fans cheering real time on video boards, pyrotechnics and other bells and whistles as the company continues to transition during COVID-19. ThunderDome interactive events will launch from the Amway Center in Orlando this Friday to kick off SummerSl…

Top CAA agent Nick Khan, who was Co-Head of Television, is departing the agency to join client WWE as President & Chief Revenue Officer, reporting directly to WWE Chairman & CEO Vince McMahon. Khan fills the void left by the January exit of Co-Presidents George Barrios and Michelle Wilson who were ousted in January…

The XFL, a twice-unsuccessful professional football alternative to the NFL fronted by WWE chief Vince McMahon, has been sold to Dany Garcia, Dwayne Johnson and RedBird Capital Partners for $15 million. The new owners were selected as the winning bidder for the assets controlled by Alpha Entertainment, the parent…

World Wrestling Entertainment has named former Etsy CFO Kristina Salen as chief financial officer reporting to chairman-CEO Vince McMahon effective August 3. Salen was Etsy’s first chief financial officer, helping to scale the business leading the online craft marketplace’s IPO in 2017. She was CFO and chief operating…

The saying “Man makes plans, God laughs” has been around for a long time, even popping up in a truncated form on a Public Enemy album. That statement may apply to the sports world this week, as it struggles to get back on its feet after a long layoff caused by the pandemic. This week, more obstacles toward that…

Wrestling stars from several federations, including the WWE, are being accused of sexual misconduct in online forums. The movement, loosely organized under the hashtag #SpeakingOut, has already led to one wrestler having his contract terminated. The WWE announced the release of wrestler Jack Gallagher (real name…