In 1982, Vince McMahon bought World Wrestling Entertainment from his father Vince McMahon Sr. for $1,000,000. McMahon then bought other wrestling promotions and made the company into a global phenomenon.
Last April, WWE, and Endeavor Group Holding Inc entered into a new deal. Endeavor will merge WWE and UFC this year to form a publicly listed company. They gave WWE a business value of $9.3 billion.
From time to time the popularity of WWE is increasing or decreasing. As of now, the company’s popularity has risen, and they break gate records everywhere.
Hollywood Reporter stated that WWE’s United States fan base (above the age of 8) has increased by 4.8 million within a year. According to the SSRS/Luker on Trends Sports Poll, WWE had 89.9 million fans in the US in 2022, which was an increase when compared to 2021. The company had 85.1 million fans in 2021.
“A new data point shows that the number of Americans aged 8 and over who are identifying as WWE fans has also continued to grow.
In 2022, that figure hit 89.9 million, according to the SSRS/Luker on Trends Sports Poll, a new record for WWE and an increase of 4.8 million over its previous high of 85.1 million, reached in 2021. The research firm’s core poll results are representative of the U.S. population aged 12 and older, and more than 500,000 Americans have been interviewed for it over 25 years. In addition, its Sports Poll Kids study is conducted with 1,200 kids ages 8-11.”
Hollywood Reporter also noted that WWE has broken gate records in 57 cities around the world within the last six months.
Stay tuned with The Spotlight for more news.