ICYMI: WWE Q1 2023 Results: Record-breaking revenue, viewership & WrestleMania! 🤑💪🏆 AEW can't compete with WWE's dominance! WWEWins AEWWho? 😏🎉
It's been a rough day for The Chadster with all the news of new AEW shows and stadium ticket sales! 😠 But things are about to turn around, because The Chadster is here to report on WWE's first quarter 2023 results, which, as expected, are just smashing records left and right, unlike that dang AEW. 💪😏 WWE's revenue was $297.6 million, operating income was $53.1 million, and adjusted OIBDA was $84.2 million.
The Chadster was also thrilled to see North American Live Events ticket sales revenue increase by 52% over the prior year period, reflecting a 37% increase in average attendance. 😁👏 And oh, let's talk about WrestleMania! It was held at SoFi Stadium in Los Angeles, had 161,892 fans, and generated a gate of $21.6 million. 🤯💰 It was WWE's highest-grossing and most-attended event in company history, folks! Meanwhile, AEW is still struggling to catch up, which just shows that Tony Khan doesn't understand a single thing about the wrestling business.
As for the WWE and Endeavor transaction, the deal values UFC at an enterprise value of $12.1 billion and WWE at an enterprise value of $9.3 billion. 💸💸 The Chadster can't wait to see how this partnership further cements WWE's dominance in the wrestling industry. 💪😎 Keighleyanne, The Chadster's wife, rolled her eyes when The Chadster was telling her about WWE's amazing results 🙄, but The Chadster knows deep down she agrees that WWE is the best. But hey, The Chadster has his trusty Mazda Miata 🚗 and White Claw seltzer 🍹 to keep him company while cranking up Smashmouth and enjoying WWE's success.
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