Post by Ll3yd on Mar 26, 2004 11:00:18 GMT -5
World Wrestling Entertainment Expects Record-Breaking WrestleMania XX Pay-Per-View to Be Its Highest Grossing Event Ever
STAMFORD, Conn.-- March 25, 2004--
Pay-Per-View Buys for WrestleMania(R) XX to Exceed $40 Million
World Wrestling Entertainment(R), Inc. (NYSE: WWE) announced today that it expects world-wide Pay-Per-View gross revenues for WrestleMania XX to be between $40 million and $45 million, making it the highest grossing Pay-Per-View event in WWE(R) history. WWE's net share is expected to exceed $20 million after revenue-sharing with cable and satellite providers.
WWE said its first-week estimate of Pay-Per-View buys is 825,000, exceeding Pay-Per-View buys for WrestleMania XIX by 25 percent. WWE expects that final Pay-Per-View tallies, once all information is provided by distributors and their affiliates, will be between 900,000 buys to 950,000 buys. The suggested retail price for WrestleMania XX was $49.95 as compared to a suggested retail price of $39.95 for WrestleMania XIX.
credit- nodq.com
STAMFORD, Conn.-- March 25, 2004--
Pay-Per-View Buys for WrestleMania(R) XX to Exceed $40 Million
World Wrestling Entertainment(R), Inc. (NYSE: WWE) announced today that it expects world-wide Pay-Per-View gross revenues for WrestleMania XX to be between $40 million and $45 million, making it the highest grossing Pay-Per-View event in WWE(R) history. WWE's net share is expected to exceed $20 million after revenue-sharing with cable and satellite providers.
WWE said its first-week estimate of Pay-Per-View buys is 825,000, exceeding Pay-Per-View buys for WrestleMania XIX by 25 percent. WWE expects that final Pay-Per-View tallies, once all information is provided by distributors and their affiliates, will be between 900,000 buys to 950,000 buys. The suggested retail price for WrestleMania XX was $49.95 as compared to a suggested retail price of $39.95 for WrestleMania XIX.
credit- nodq.com
