Triple H Beats Vince as WWE Makes $304.6 Million Revenue in 3 Months

By: Rahul V Krishnan Image credit: WWE

The WWE announced a major increase in their revenue during the quarterly financial results for the year 2022.

There was a 19% increase in revenue from last year as the company was able to generate around $304.6 Million in the year.

The Operating Income was $58.9 million, which saw a decrease of 8%; and the Adjusted OIBDA1 for the year was $91.2 million which saw an increase of around 17%.

The company was also able to return around $9.1 Million of capital to its shareholders through the dividends that were paid.

The WWE premium live events also were successful this year as the UK PLE Clash at the Castle became the most viewed international event in their history.

The Stamford-based company also signed a multi-year deal with Foxtel Group for their content distribution in Australia earlier this year.

They've also announced a new initiative NXT Europe which is scheduled to launch in 2023 as a replacement for the NXT UK shows.

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WWE's upcoming premium live event Crown Jewel is also another huge event from a financial point of view as the company will receive huge paychecks for their shows in Saudi Arabia.

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