This year’s WrestleMania is just days away, but the WWE’s marketing campaign for its biggest premium live event of the year was kicked into overdrive months ago. In February, three days before the Super Bowl, with all eyes on Las Vegas, WWE tried to snatch some of the NFL’s spotlight for itself.
Quick Read
- WWE held a promotional press conference for WrestleMania XL in Las Vegas during the Super Bowl weekend, featuring stars like Cody Rhodes and Dwayne “The Rock” Johnson, to capture the attention of football fans and potential viewers.
- The press conference, which did not include any wrestling but had a slap incident between The Rock and Rhodes, was the most-viewed non-ring event in WWE history with over 100 million views in less than 12 hours.
- WWE’s WrestleMania XL video, released on Super Bowl day, has garnered over 5 million views on X, formerly Twitter.
- Experts suggest WWE’s marketing strategy, steeped in storytelling and drama, could serve as a lesson for other sports leagues and TV writers.
- The involvement of The Rock, with his ties to WWE and status as a movie star, is seen as a significant boost for the event.
- WWE leverages social media personalities like Logan Paul and Pat McAfee to further promote WrestleMania XL, utilizing their substantial online followings.
- WrestleMania’s economic impact on host cities is substantial, with the previous two events generating over $200 million each for the Los Angeles and Dallas/Arlington regions.
- Since 2016, WrestleMania has contributed over $1.2 billion in cumulative economic impact to its host cities.
- TKO Group Holdings, Inc., the parent company of WWE, has seen its shares increase by almost 7% this year.
The Associated Press has the story:
WrestleMania: WWE kicks, punches, slams marketing efforts into high gear
Newslooks- (AP)
This year’s WrestleMania is just days away, but the WWE’s marketing campaign for its biggest premium live event of the year was kicked into overdrive months ago. In February, three days before the Super Bowl, with all eyes on Las Vegas, WWE tried to snatch some of the NFL’s spotlight for itself.
The sports entertainment company held a press conference in Las Vegas at the T-Mobile Arena, just down the road from the stadium where the Super Bowl was being played, to promote WrestleMania XL, a two day event in Philadelphia that begins Saturday. It plugged appearances by top stars including Cody Rhodes and Dwayne “The Rock” Johnson, who recently became a board member for WWE’s parent company, TKO Group. The free event, which was live streamed on Peacock, was a bid to grab the attention of the thousands of football fans in town, and potential viewers nationwide.
Thousands showed up for the event which didn’t include any wrestling, but The Rock did slap Rhodes across the face, garnering 15.7 million views across all of WWE’s social media platforms in less than 12 hours. More than 4.7 million people watched the event live, making it the most-viewed outside the ring event in WWE history, according to the company. The press conference had more than 100 million views in less than 12 hours.
WWE released its WrestleMania XL video on the day of the Super Bowl. That video has amassed more than 5 million views and counting on WWE’s account on X, formerly known as Twitter.
Jason Cielsak, president, Pacific Rim, at brand experience firm Siegel+Gale, says that the way the WWE crafts its WrestleMania messaging makes fans eager for an event where many of the storylines that have been evolving over the year are resolved in the ring.
“It is a master class in marketing steeped heavily in storytelling and drama that many of the major sports leagues and even television writers could learn from,” Cielsak said.
The Rock’s participation in WrestleMania XL, given his longstanding ties to WWE and his movie star status, is a considerable asset.
“The benefits to WWE are numerous and help position the organization as a credible entertainment entity, luring “future Rocks” seeking global stardom,” Cielsak said.
WWE has also been using its professional relationship with two of the company’s biggest social media personalities, Logan Paul and Pat McAfee, to promote WrestleMania XL. Paul, WWE’s current United States champion, a co-founder of Prime beverage company, podcaster and YouTuber, uploaded a video on X with his reaction to the WrestleMania XL press conference. Paul currently has 23.5 million subscribers on YouTube and 6.8 million followers on X.
McAfee, who rejoined WWE’s Raw commentary team and co-hosted the WrestleMania XL press conference, recently interviewed The Rock on his self-titled television show on ESPN. A clip of the video posted to McAfee’s X account has more than 3 million views.
The promotional buildup to WrestleMania benefits not only the company, but also localities where the event is being held. Last year, WrestleMania 39, which was held at SoFi Stadium, generated $215 million for the Los Angeles region, according to a study done by Applied Analysis. WWE said that broke its prior record from a year earlier, when WrestleMania 38 had a $206.5 million economic impact for the Dallas/Arlington region.
WWE says that since 2016, WrestleMania has generated more than $1.2 billion in cumulative economic impact for the cities that have hosted the event.
Shares of TKO Group Holdings, Inc., based in based in Stamford, Connecticut, are up almost 7% this year.
