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WWE reports 24% surge in Q1 2025 revenue, Netflix deal powers growth

WWE reports 24% surge in Q1 2025 revenue, Netflix deal powers growth

Time of India09-05-2025

Image via WWE
WWE has kicked off 2025 with an impressive financial performance, posting $391.5 million in revenue for the first quarter - a significant 24% increase from Q1 2024. The rise, amounting to $74.8 million, is primarily credited to booming media rights and a landmark content distribution deal with Netflix.
According to the TKO Group's financial disclosure, WWE's earnings were buoyed by an uptick in media rights, live event turnout, and partnership revenue.
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The $30.5 million gain in content-related income came largely from the new arrangement that makes Netflix the exclusive global streaming home for WWE's flagship shows like - Raw, SmackDown, NXT, and its premium live events.
Netflix began streaming Raw in the U.S. starting January 2025, marking a historic shift for the wrestling giant as it transitioned from traditional broadcast to a global streaming platform. Meanwhile, SmackDown continues to air on USA Network, NXT on The CW, and other premium events on Peacock within the U.S.
TKO raises 2025 projections after WWE surge
TKO Group, the parent company formed by the merger of WWE and UFC under Endeavor - reported total revenue of $1.27 billion for Q1, with WWE contributing nearly a third. UFC, on the other hand, brought in $359.7 million, up $46.7 million from the same period last year.
The company has now raised its full-year forecast for WWE and UFC revenue to a range of $3.005 billion to $3.075 billion, citing continued strength across its portfolio. Including recent acquisitions such as IMG, On Location, and Professional Bull Riders (PBR), TKO expects total annual revenue to cross $4.49 billion.
'TKO is off to a good start in 2025,' said Ariel Emanuel, Executive Chair and CEO of TKO. 'Our conviction in our portfolio of assets is strong, and we are now focused on integration, synergies, and media rights growth.'
Corporate changes amid growth
The financial high comes just days after WWE underwent several corporate and talent-level changes. While the company has not commented directly on layoffs, industry insiders believe recent cuts are part of the ongoing post-merger restructuring process under TKO.
Interestingly, WWE's revenue figures do not include the record-breaking WrestleMania 41 event held in Las Vegas, which falls under Q2 reporting. With other marquee events like Royal Rumble also delivering strong results earlier this year, WWE seems well positioned heading into the next quarter.
Despite wider economic pressures and trade uncertainties, WWE's transition to streaming, strategic partnerships, and global expansion appear to be paying off - at least for now.

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NASA Layoffs: Is Trump's budget cut approved by Congress? NASA asks employees to opt for early retirement, deferred resignation, or voluntary separation. Here's last date and terms of departure
NASA Layoffs: Is Trump's budget cut approved by Congress? NASA asks employees to opt for early retirement, deferred resignation, or voluntary separation. Here's last date and terms of departure

Time of India

timean hour ago

  • Time of India

NASA Layoffs: Is Trump's budget cut approved by Congress? NASA asks employees to opt for early retirement, deferred resignation, or voluntary separation. Here's last date and terms of departure

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Indian Oil quadrupled fuel supply for armed forces during Operation Sindoor: Senior official
Indian Oil quadrupled fuel supply for armed forces during Operation Sindoor: Senior official

India Gazette

timean hour ago

  • India Gazette

Indian Oil quadrupled fuel supply for armed forces during Operation Sindoor: Senior official

By Shafali Nigam Port Blair (Andaman and Nicobar) [India], June 12 (ANI): Indian Oil ensured seamless fuel supply to the Indian armed forces during Operation Sindoor from Andaman and Nicobar Islands, which went up at least four times, said Rakesh Kumar, Chief Terminal Manager (CTM) of Indian Oil Corporation (IOC). 'During Operation Sindoor, the demand from defence has gone up at least four times, and we were there to supply the product just as I told you earlier. We positioned our vessels from Paradip and Haldia refineries and met their demands just in time,' Indian Oil Corporation CTM said. Mentioning the demand during Operation Sindoor, he said, 'In case of need, just like a few months back, at the demand of the Indian Navy, we positioned our vessels from Paradip refinery and Haldia refinery at a notice of just three days.' Indian Oil demonstrated its strategic preparedness and operational efficiency and played a pivotal role in ensuring uninterrupted fuel supply during Operation Sindoor, the official said, adding that despite a fourfold increase in fuel demand from defence establishments, the state-owned oil PSU successfully met requirements by mobilising vessels from its mainland refineries within days. 'We have a very high level of good coordination with defence, almost on a daily basis. Since they are taking products from us, they have requirements. We interact with them on a weekly basis, and we hold meetings with their supply department as well,' he said about coordination with defence and security agencies in fuel supply or infrastructure planning. During a field visit to the Indian Oil POL Terminal in Port Blair, organised by the Ministry of Petroleum & Natural Gas for the press, when asked if there are any protocols in case of an emergency situation, Kumar said, 'In case of need, just like a few months back, at the demand of the Indian Navy, we positioned our vessels from Paradip refinery and Haldia refinery at a notice of just three days.' 'We are at the smart terminal of Indian Oil. Here, we have a tanking of 27,000 KL. We are dealing with four products over here, which are petrol, diesel, low-sulphur HFHSD and HSD,' he added. In response to the questions on emergency protocols in place for fuel shortages or natural disasters like cyclones or tsunamis, he said, 'We have emergency protocols. Sufficient tankage is there. On average, we have 25 days of coverage for all the products.' He said the state-run oil major is planning to expand services or upgrade existing infrastructure in the Andaman and Nicobar Islands. 'We have plans. This terminal is a 27 TKL terminal and a POL terminal. We have requested one more station and we are in an advanced stage of getting new land in Hope Town, where our bottling plant is situated,' he added. Speaking with ANI, V. Ranganathan, Chief General Manager from West Bengal State Office and Port Blair said, 'Port Blair is one of the unique locations where a lot of challenges are there with respect to logistics, as well as product availability.' (ANI)

BCCI likely to hold Apex Council meeting on June 14; IPL victory celebrations norms on agenda
BCCI likely to hold Apex Council meeting on June 14; IPL victory celebrations norms on agenda

India Gazette

timean hour ago

  • India Gazette

BCCI likely to hold Apex Council meeting on June 14; IPL victory celebrations norms on agenda

ANI 12 Jun 2025, 01:27 GMT+10 New Delhi [India], June 12 (ANI): In the wake of the tragic stampede in Bengaluru earlier this month, Board of Control for Cricket in India (BCCI) is likely to hold an apex council meeting on June 14 in order to discuss the new norms for the celebrations for the teams following their title triumph in their respective competition. The incident occurred when thousands of fans gathered to catch a glimpse of their favourite players ahead of Royal Challengers Bengaluru's (RCB) IPL victory celebrations. 'BCCI will call an apex council meeting on June 14 to discuss the IPL celebration and formulate new norms. The meeting could be held virtually,' a BCCI Source told ANI. Eleven people were killed and dozens injured in a stampede outside Bengaluru's M Chinnaswamy stadium as a huge crowd of nearly 3 lakh people had gathered to witness the victory celebration of RCB for winning the Indian Premier League (IPL) on Wednesday. The Karnataka Police have also filed an FIR against the Karnataka Cricket Board Administrative Committee, RCB, among others, in connection with the stampede incident. CM Siddaramaiah also expressed his deep sorrow over the incident. 'A major tragedy occurred during the victory celebrations. It happened near the Chinnaswamy Stadium. The government has announced a compensation of Rs 10 lakh for the deceased. The government will provide free treatment to the injured. Eleven people died and 33 were injured in the stampede. This tragedy should not have happened. The government expresses deep sorrow over this incident.' RCB finally ended an 18-year wait for the coveted IPL trophy, defeating Punjab Kings by six wickets in the finals of IPL 2025, held on Tuesday at Narendra Modi Stadium in Ahmedabad. (ANI)

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