Houston to Host the 2020 WWE® Royal Rumble®
STAMFORD, Conn.--(BUSINESS WIRE)--Feb 15, 2019--WWE ® (NYSE: WWE) today announced that Minute Maid Park in Houston will host the Royal Rumble on Sunday, January 26, 2020. The event will mark WWE’s debut at Minute Maid Park and the second time the Royal Rumble has been held at a baseball stadium following this year’s event at Chase Field in Phoenix which took place in front of a capacity crowd of 48,193.
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Aerial image of Royal Rumble 2019 at Chase Field in Phoenix (Photo: Business Wire)
Fans attending this Sunday’s Elimination Chamber event at the Toyota Center in Houston will receive an exclusive pre-sale offer to buy tickets to the Royal Rumble before the general public. Details on ticket availability will be forthcoming. Additionally, fans in attendance will have the chance to win four tickets to the 2020 Royal Rumble by taking part in a special Twitter and Instagram sweepstakes.
“We are thrilled to bring one of WWE’s biggest events of 2020 to Minute Maid Park,” said Janis Burke, CEO of the Harris County - Houston Sports Authority. “We look forward to WWE fans from around the world descending on Houston for the Royal Rumble.”
The event, which will stream live around the world on WWE Network, will feature a 30-Man Royal Rumble match, and a 30-Woman Royal Rumble match, with the winners of both matches receiving Championship opportunities at WrestleMania 36.
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The Company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWE’s TV-PG, family-friendly programming can be seen in more than 800 million homes worldwide in 24 languages. WWE Network, the first-ever 24/7 over-the-top premium network that includes all live pay-per-views, scheduled programming and a massive video-on-demand library, is currently available in more than 180 countries. The Company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.
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Forward-Looking Statements: This press release contains forward-looking statements pursuant to the safe harbor provisions of the Securities Litigation Reform Act of 1995, which are subject to various risks and uncertainties. These risks and uncertainties include, without limitation, risks relating to: entering, maintaining and renewing major distribution agreements; WWE Network (including the risk that we are unable to attract, retain and renew subscribers); our need to continue to develop creative and entertaining programs and events; the possibility of a decline in the popularity of our brand of sports entertainment; the continued importance of key performers and the services of Vincent K. McMahon; possible adverse changes in the regulatory atmosphere and related private sector initiatives; the highly competitive, rapidly changing and increasingly fragmented nature of the markets in which we operate and greater financial resources or marketplace presence of many of our competitors; uncertainties associated with international markets; our difficulty or inability to promote and conduct our live events and/or other businesses if we do not comply with applicable regulations; our dependence on our intellectual property rights, our need to protect those rights, and the risks of our infringement of others’ intellectual property rights; the complexity of our rights agreements across distribution mechanisms and geographical areas; potential substantial liability in the event of accidents or injuries occurring during our physically demanding events including, without limitation, claims relating to CTE; large public events as well as travel to and from such events; our feature film business; our expansion into new or complementary businesses and/or strategic investments; our computer systems and online operations; privacy norms and regulations; a possible decline in general economic conditions and disruption in financial markets; our accounts receivable; our indebtedness; litigation; our potential failure to meet market expectations for our financial performance, which could adversely affect our stock; Vincent K. McMahon exercises control over our affairs, and his interests may conflict with the holders of our Class A common stock; a substantial number of shares are eligible for sale by the McMahons and the sale, or the perception of possible sales, of those shares could lower our stock price; and the relatively small public “float” of our Class A common stock. In addition, our dividend is dependent on a number of factors, including, among other things, our liquidity and historical and projected cash flow, strategic plan (including alternative uses of capital), our financial results and condition, contractual and legal restrictions on the payment of dividends (including under our revolving credit facility), general economic and competitive conditions and such other factors as our Board of Directors may consider relevant. Forward-looking statements made by the Company speak only as of the date made and are subject to change without any obligation on the part of the Company to update or revise them. Undue reliance should not be placed on these statements. For more information about risks and uncertainties associated with the Company’s business, please refer to the “Management’s Discussion and Analysis of Financial Condition and Results of Operations” and “Risk Factors” sections of the Company’s SEC filings, including, but not limited to, our annual report on Form 10-K and quarterly reports on Form 10-Q.
View source version on businesswire.com:https://www.businesswire.com/news/home/20190215005589/en/
Michael Guido, CFA
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