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Vince McMahon comments as WWE announces over $1 billion revenue for 2021

A historic day for WWE, as the company recorded revenue of over $1 billion in a calendar year for the very first time.

Earlier today, WWE published its earnings report for the fourth quarter of 2021, as well

Starting with just Q4, WWE recorded revenue of $310.3 million, which was a 30% increase on the recordings from the same quarter in 2020.

The $310.3 million figure was also an increase from the $255.8 million figure that WWE recorded for Q3 of last year.

In a year that saw them release over 80 wrestlers from their contracts, as well as returning to touring across the US and even internationally, WWE recorded record venue.

The company reported an increased revenue of $1.095 billion for the whole of 2021, which is the highest figure in the company’s history, as well as an increase of 24% to an operating income of $259.0 million.

This was the first time that WWE has recorded revenue of over $1 billion, so something that Vince McMahon has now commented on.

“In 2021, we reached a significant milestone of over $1 billion in revenue, for the first time in the Company’s history. We ended the year with strong performance across each of our business lines that reflected the engagement of a wider audience with distribution on new digital platforms, including Peacock, and the return of fans at our live events.

We expect the execution of key initiatives in the coming year, such as the licensing of network content in international markets, monetization of new original series, and the continued shift to a stadium strategy for WWE’s premium live events, will further expand the reach of our brands and enhance the value of our content.

You can read the entirety of WWE’s official 2021 and Q4 earnings report by clicking here.

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