Notes from WWE’s 2021 Quarter 2 Financial Call: SummerSlam, AEW

Notes from WWE's 2021 Quarter 2 Financial Call

Below are notes from Thursday’s WWE Quarter 2 Financial Call which included topics related to SummerSlam and AEW.

– Nick Khan discussed other media rights deals happening in sports across the world and how that will benefit WWE in the future

– Vince McMahon said the last quarter was focused on efficiency both within WWE and with content production. He also pointed to positive trends in live event sales, television tapings and digital video

– According to Nick Khan, SummerSlam at Allegiant Stadium in Las Vegas has sold 40,000 tickets so far out of 45,000 – and will be the highest non-WrestleMania gate in company history

– The remaining 2021 WWE schedule will be released soon

– WWE recently re-upped their Australian rights deals and are looking to license the WWE Network internationally

– Nick Khan said more scripted and unscripted series are coming

– The grounds for the new corporate offices were broken in June, and WWE expects to be able to sell their existing corporate building after they move in

– WWE will be dropping another NFT at SummerSlam, this time with John Cena

– When asked if he considers AEW as competition, and a need to counter their investments in talent, Vince McMahon said he does not consider them competition like he did with WCW back in the 1990’s back by Ted Turner. He said he did not know what their investments were in talent, but somewhat inaudibly mentioned something along the lines of “giving them more.” Nick Khan then said they consider everything competition

Source: F4WOnline