WWE's Q1 2023 Results Highlight Product Success Despite Revenue Decline.
WWE's Q1 financial report shows a decline in revenue from the previous quarter and year-over-year, but highlights the success of their live events and flagship programs, which outperformed overall cable and broadcast television. North American ticket sales revenue increased by 52% over the prior year period, and the company returned $8.9 million of capital to shareholders through dividend payments. The report also mentions the planned Endeavor acquisition and merger with UFC, with the goal of creating a global sports and entertainment business.