Even as popularity wanes, current viewership of Raw and Smackdown is strong enough to justify an increase in U.S. payments for new deals that would begin in October 2024.
Estimating adjusted OIBDA for the next four quarters (Q1 2022 through Q4 2022) totaling $364.9 million. Based on a 12x multiple, WWE is undervalued.
Wrestlenomics estimates 2021 revenue of $1.102 billion, net income of $174.5 million -- both new annual records for WWE.
Vince McMahon selling controlling interest in WWE is not likely, Brandon Thurston says.
WWE employees learned on Friday that raises and promotions have been put on hold. The move will aid profitability and possibly the stock price.