SANTA CLARA, Calif.--(BUSINESS WIRE)--Santa Clara Mayor Jamie Matthews, the City of Santa Clara, the City of San Jose, the San Francisco 49ers and WWE® are proud to announce that Levi’s® Stadium will host WrestleMania 31 on Sunday, March 29, 2015.
The historic announcement was made at a press conference held at the Santa Clara Convention Center. Mayor Matthews, Executive Director of the San Jose Sports Authority Patricia Ernstrom, Chief Executive Officer of the San Francisco 49ers Jed York and San Francisco 49ers Tight End Vernon Davis joined WWE Chairman and Chief Executive Officer Vince McMahon, WWE Executive Vice President of Creative Stephanie McMahon and WWE Executive Vice President of Special Events John P. Saboor in making the announcement. WWE Superstars John Cena®, Alberto Del Rio®, Big Show®, Sheamus®, Mark Henry®, Fandango®, The Great Khali®, R-Truth® and WWE Divas Brie Bella™, Nikki Bella™ and Summer Rae™ also made special guest appearances at the announcement.
“On behalf of the entire Silicon Valley, we are grateful that WWE chose Levi’s® Stadium to host its largest annual celebration in 2015,” said Santa Clara Mayor Jamie Matthews. “WrestleMania is certain to be one of the highlights of the stadium’s inaugural year."
“The San Francisco 49ers organization is thrilled that WWE has chosen Levi’s® Stadium to host WrestleMania 31,” said Jed York, Chief Executive Officer of the San Francisco 49ers. “The vision for the stadium has always been to bring together all that is special about the Bay Area through the use of innovation and technology. WWE is certainly a model for innovation as they have perfectly blended the worlds of sports and entertainment. We look forward to providing the most technologically-integrated WrestleMania experience ever.”
“We are proud to bring WWE’s premier event, WrestleMania, to Silicon Valley, and grateful for the tireless efforts the City of Santa Clara, the City of San Jose and the San Francisco 49ers have put forth to make this dream become a reality,” said Vince McMahon, WWE Chairman and Chief Executive Officer. “The innovative technology and connectivity at Levi’s® Stadium will set a new standard of customer service for our fans and ensure they have the most interactive experience in WrestleMania history.”
WrestleMania is more than just a one-day event; it’s a week-long celebration that will stretch throughout the Bay Area. In addition to WrestleMania 31, other activities will include: WrestleMania Axxess – WWE’s four-day interactive fan festival at the San Jose Convention Center; the 2015 WWE Hall of Fame Induction Ceremony at SAP Center; Monday Night Raw® at SAP Center; Be a STAR™ anti-bullying rallies; hospital visits and other pro-social activities designed to give back to the host community. The pay-per-view event will be televised in more than 100 countries. Last year, WrestleMania 29 at MetLife Stadium generated more than $100 million in economic impact for New York/New Jersey region. Next year, WrestleMania 30 takes place Sunday, April 6 from Mercedes-Benz Superdome in New Orleans, LA.
About WWE
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 programming is broadcast in more than 150 countries and 30 languages and reaches more than 650 million homes worldwide. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Miami, Mumbai, Shanghai, Singapore, Munich and Tokyo.
Additional information on WWE (NYSE:WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.
About Levi’s® Stadium
Levi’s® Stadium will not only be the new home to the San Francisco 49ers, but it will also serve as one of the world’s best outdoor sports and entertainment venues. It was designed by HNTB and is being built by Turner/Devcon for the Santa Clara Stadium Authority. The $1.2 billion venue will have 1.85 million square feet, seat approximately 68,500 and will feature an expected 165 luxury suites and 8,500 club seats. It was designed to be a multi-purpose facility with the flexibility to host a wide range of events, including domestic and international soccer, college football, motocross, concerts and various civic events, and will be expandable for major events such as the Super Bowl. For more information, go to http://www.levisstadium.com/.
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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 maintaining and renewing key agreements, including television and pay-per-view programming distribution agreements; the need for continually developing creative and entertaining programming; the continued importance of key performers and the services of Vincent McMahon; the conditions of the markets in which we compete and acceptance of the Company's brands, media and merchandise within those markets; our exposure to bad debt risk; uncertainties relating to regulatory and litigation matters; risks resulting from the highly competitive nature of our markets; uncertainties associated with international markets; the importance of protecting our intellectual property and complying with the intellectual property rights of others; risks associated with producing and travelling to and from our large live events, both domestically and internationally; the risk of accidents or injuries during our physically demanding events; risks relating to our film business; risks relating to increasing content production for distribution on various platforms, including the potential creation of a WWE Network; risks relating to our computer systems and online operations; risks relating to the large number of shares of common stock controlled by members of the McMahon family and the possibility of the sale of their stock by the McMahons or the perception of the possibility of such sales; the relatively small public float of our stock; and other risks and factors set forth from time to time in Company filings with the Securities and Exchange Commission. Actual results could differ materially from those currently expected or anticipated. 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, general economic and competitive conditions and such other factors as our Board of Directors may consider relevant.
