Financial News

Money In The Bank® Headed to The O2 in London on Saturday July 1

By: via Business Wire

First WWE Premium Live Event to Be Held in London in Over Two Decades

WWE (NYSE: WWE) today announced that The O2 in London will host Money In The Bank on Saturday, July 1, 2023. Money In The Bank marks the first WWE Premium Live Event to be held in London in over two decades.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230105005472/en/

MONEY IN THE BANK® HEADED TO THE O2 IN LONDON ON SATURDAY JULY 1 (Graphic: Business Wire)

MONEY IN THE BANK® HEADED TO THE O2 IN LONDON ON SATURDAY JULY 1 (Graphic: Business Wire)

Money In The Bank will feature WWE’s biggest Superstars and will also bring the Money In The Bank ladder matches to the UK for the first time in history, with each winner receiving a briefcase containing a contract for a championship match at a time and place of their choosing anytime within the next year.

“The O2 is one of the world’s premier venues and the perfect home for Money In The Bank. We are excited to bring one of our ‘Big 5’ events to the UK and look forward to welcoming the WWE Universe to London on July 1,” said Dan Ventrelle, EVP, Talent at WWE.

“We are honoured to be hosting the first ever Money In The Bank event taking place in the UK here at The O2,” said Christian D'Acuña, Senior Programming Director at The O2. “We’re looking forward to welcoming back WWE fans to The O2 this summer for an unforgettable night with some of WWE’s biggest Superstars.”

The announcement follows the huge success of Cardiff’s Clash At The Castle® in September 2022, the first major WWE stadium show to be held in the UK since 1992. Clash At The Castle broke numerous records at the time including becoming the most-watched international premium live event in WWE history, with the largest European gate ever and the best-selling merchandise for a non-WrestleMania event.

In addition, Official WWE Money In The Bank Priority Passes are available now through exclusive partner On Location at this link or by calling +1-855-346-7388 giving fans the opportunity to purchase ticket packages before they go on sale to the general public. The Money In The Bank Priority Pass offers fans the chance to be ringside for every exhilarating moment, including premium seating, all-inclusive pre-show hospitality with WWE Superstar appearances, ringside photo opportunities, an autographed poster, merchandise fastlane, exclusive merchandise, two nights of deluxe accommodations, and much more.

Additional information on Money In The Bank will be announced in the coming weeks. To learn more about registering for general ticket presale opportunities please visit: https://www.wwe.com/mitb2023-presale-registration.

About WWE

WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family-friendly entertainment on its television programming, premium live events, digital media, and publishing platforms. WWE’s TVPG programming can be seen in more than 1 billion homes worldwide in 30 languages through world class distribution partners including NBCUniversal, FOX, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all premium live events, scheduled programming and a massive video on-demand library and is currently available in more than 180 countries. In the United States, NBCUniversal’s streaming service, Peacock, is the exclusive home to WWE Network.

Additional information on WWE can be found at wwe.com and corporate.wwe.com.

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Forward-Looking Statements: This press release contains, and oral statements made from time to time by our representatives may contain, forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995. Forward looking statements include statements regarding, our outlook for future financial results, the impact of recent management changes, the findings of the investigation conducted by the Special Committee of independent members of our Board of Directors; our plans to remediate identified material weaknesses in our disclosure control and procedures and our internal control over financial reporting, and regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters. In addition, the words “may,” “will,” “could,” “anticipate,” “plan,” “continue,” “project,” “intend,” “estimate,” “believe,” “expect,” “outlook,” “target,” “goal,” “guidance” and similar expressions are intended to identify forward-looking statements, although not all forward-looking statements contain such words. These statements relate to future possible events, as well as our plans, objectives, expectations and intentions and are not historical facts and accordingly involve known and unknown risks and uncertainties and other factors that may cause the actual results or the performance by us to be materially different from future results or performance expressed or implied by such forward-looking statements. These forward-looking statements are subject to uncertainties relating to, without limitation, the departure of Vince McMahon from the Company and the appointment of Stephanie McMahon and Nick Khan as co-Chief 9 Executive Officers; the findings of the investigation by the Special Committee of independent members of our Board of Directors; regulatory, investigative or enforcement inquiries, subpoenas or demands arising from, related to, or in connection with these matters; our ability to remediate material weaknesses in our disclosure controls and procedures and our internal control over financial reporting; and reputational harm to the Company’s relationships with its stockholders, customers, talent and partners, which may have adverse financial and operational impacts, among other factors. The following additional factors, among others, also could cause actual results to differ materially from those contained in forward-looking statements: the COVID-19 outbreak, which may continue to affect negatively world economies as well as our industry, business and results of operations; entering, maintaining and renewing major distribution and licensing agreements; a rapidly evolving and highly competitive media landscape; WWE Network; computer systems, content delivery and online operations of our Company and our business partners; privacy norms and regulations; our need to continue to develop creative and entertaining programs and events; our need to retain and continue to recruit key performers; the possibility of a decline in the popularity of our brand of sports entertainment; the resignation of Vincent K. 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McMahon could exercise ultimate control over our affairs, and his interests may conflict with the holders of our Class A common stock; our share repurchase program; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the volatility of our Class A common stock. In addition, our dividend and share repurchases are dependent on a number of factors, including, among other things, our liquidity and historical and projected cash flow, strategic plan (including alternative uses of capital), our financial results and condition, contractual and legal restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and such other factors as our Board of Directors may consider relevant. 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