STAMFORD, Connecticut – (BUSINESS WIRE) – Nov. June 2021–
WWE ® (NYSE: WWE) announced today that SummerSlam will be held on Saturday, August 21st at 8 p.m. ET / 5 p.m. PT from Allegiant Stadium in Las Vegas.
Located next to the world famous Las Vegas Strip, Allegiant Stadium is a cutting edge global event destination and home to the Las Vegas Raiders. SummerSlam will be one of the first sporting events to be held at the Allegiant Stadium at full capacity on Friday June 18th. Fans interested in an exclusive SummerSlam presale can register at www.summerslam.com/presale.
“After the pandemic, it was important for us to hold a big event like SummerSlam in Las Vegas. We expect to have a great night of sports entertainment for the people of the city and an increase in pedestrian traffic for the casinos and local businesses, ”said Nick Khan, WWE President & Chief Revenue Officer and a native of Las Vegas.
“The Raiders are excited to partner with WWE to host SummerSlam in August at the Allegiant Stadium,” said Raiders President Marc Badain. “WWE is a leader in global entertainment and it is a perfect fit to host one of their outstanding events in the sports and entertainment capital of the world. The Raiders are looking forward to SummerSlam and a full schedule of events and entertainment at the Allegiant Stadium. “
“We couldn’t be more excited to be hosting SummerSlam for the very first time and welcoming WWE, their Superstars and the WWE Universe to Las Vegas this August,” said Steve Hill, President and CEO of the Las Vegas Convention and Visitors Authority. “Live entertainment and sporting events are returning to the destination in a big way, and SummerSlam is the perfect addition to the Las Vegas summer calendar.”
SummerSlam will be broadcast live in the US exclusively on Peacock and everywhere else on the WWE Network.
Located next to the world famous Las Vegas Strip, Allegiant Stadium is a global event destination and the newest cutting edge venue in Las Vegas. Home to the legendary Raiders and UNLV football, Allegiant Stadium is ideally located for both visitors and locals. The technologically advanced stadium is completely closed and air-conditioned and has a capacity of up to 65,000 people. The Allegiant Stadium offers world-class entertainment, including concerts and sporting events such as the Pac-12 Championship Game and the Las Vegas Bowl. The stadium project is expected to generate economic benefits of $ 620 million annually while creating 6,000 permanent jobs in southern Nevada. More information is available at www.allegiantstadium.com.
WWE, a publicly traded company (NYSE: WWE), is an integrated media company and a recognized leader in global entertainment. The company consists of a portfolio of companies that create original content 52 weeks a year and make it available to a global audience. WWE is committed to family-friendly entertainment in its television programming, pay-per-view, digital media and publishing platforms. WWE’s TV-PG programming is available in more than 900 million households worldwide in 28 languages through world-class distribution partners such as NBCUniversal, FOX Sports, BT Sport, Sony India and Rogers. The award-winning WWE Network includes all live pay-per-views, scheduled programs and a huge 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 of the WWE Network. The company is headquartered in Stamford, Connecticut, with offices in New York, Los Angeles, Orlando, Dubai, London, Mexico City, Mumbai, Munich, Riyadh, Shanghai, Singapore and Tokyo.
Trademarks: All WWE programs, talent names, images, likenesses, slogans, wrestling moves, trademarks, logos, and copyrights are the exclusive properties of WWE and its subsidiaries. All other trademarks, logos, and copyrights are the property of their respective owners.
Forward-Looking Statements: This press release contains forward-looking statements under the safe harbor provisions of the Securities Litigation Reform Act of 1995 that are subject to various risks and uncertainties. These risks and uncertainties include, but are not limited to, risks related to: the impact of the COVID-19 outbreak on our business, results of operations and financial condition; Conclusion, maintenance and renewal of important distribution agreements; a rapidly evolving media landscape; WWE Network (including the risk of our being unable to acquire, retain, and renew subscribers); our need to continue developing creative and fun programs and events; the possibility of a decline in the popularity of our sports entertainment brand; the continued importance of high achievers and the services of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing, and increasingly fragmented nature of the markets in which we operate and the greater financial resources or market presence of many of our competitors; Uncertainties related to international markets, including possible disruptions and reputational risks; our difficulty or inability to promote and conduct our live events and / or other business if we fail to comply with applicable regulations; our reliance on our intellectual property rights, our need to protect those rights, and the risks of our violating the intellectual property rights of others; the complexity of our rights agreements across distribution mechanisms and geographic areas; potentially substantial liability in the event of accidents or injuries occurring during our physically demanding events, including but not limited to claims for alleged traumatic brain injury; large public events as well as arrival and departure to such events; our feature film business; our expansion into new or complementary businesses and / or strategic investments; our computer systems and online operations; Data protection standards and regulations; a possible decline in general economic conditions and disruptions in financial markets; our demands; our debt, including our convertibles; Litigation; our potential failure to meet market expectations for our financial performance, which could adversely affect our stock; Vincent K. McMahon exercises control over our affairs and his interests may conflict with the holders of our Class A common stock; a significant number of shares are eligible for sale by the McMahons and the sale or execution of potential sales of such shares could lower our share price; and the volatility of our Class A common stock. In addition, our dividend depends on a number of factors including but not limited to our liquidity and historical and projected cash flows, strategic plan (including alternative capital uses), our financial results and terms, contractual and legal restrictions on payment of dividends (including under our revolving credit facility), general economic and competitive conditions, and other factors that our directors deem relevant. Forward-looking statements by the company apply only as of the date of their publication and are subject to change without the company being obliged to update or revise them. Undue reliance should not be placed on these statements. For more information about the risks and uncertainties related to the company’s business, see the Management’s Discussion and Analysis of Financial Condition and Operating Results and Risk Factors in the company’s SEC filings, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q.
CONTACT: WWE Media Contact:
Senior Director Media Relations
KEYWORD: UNITED STATES NORTH AMERICA NEVADA CONNECTICUT
INDUSTRY KEYWORD: GENERAL SPORTS SPORTS OTHER ENTERTAINMENT FOOTBALL EXTREME SPORTS EVENTS / CONCERTS WRESTLING ENTERTAINMENT
Copyright Business Wire 2021.
PUB: 6/5/2021 6:48 PM / DISC: 5/6/2021 6:48 PM48
Copyright Business Wire 2021.
