Wrestlemania will stream online with no audience due to the coronavirus outbreak. It’s bad news for the WWE industry and its fans. Read ahead to know more.
This article will help you stream the show online.
Wrestlemania is a professional wrestling event produced by WWE. It takes place between mid-March and April. Wrestlemania is based in Stamford, Connecticut, United States. Furthermore, it is the most successful wrestling event in wrestling’s history.
The first-ever Wrestlemania event took place at Madison Square, New york. Muhammad Ali, Kid Rock, Floyd Mayweather, Pete Rose are some celebrities who made appearances in Wrestlemania.
Impact Of Coronavirus On WWE
Coronavirus has adversely affected many sports franchises around the globe. WWE is one of them. Moreover, WWE stressed that it has an adequate financial base to battle the consequences of coronavirus on the business.
Due to the virus outbreak, WWE has $500 million. Above all, it is available in cash and debt capacity. Furthermore, coronavirus has changed the mediascape of WWE. As a result, WWE will be broadcasted without any audience. The audience generates major revenue for WWE.
The company is focusing on increasing the monetization of its content under current circumstances. Relocation of events, postponement, managing ticket sales are key outlets the company is working on.
Wrestlemania To Stream Online
The famous Wrestlemania event will broadcast live on WWE Network. WWE had to cancel Wrestlemania. The venue was Tampa, Florida at Raymond James Stadium. The event was scheduled for 5th April 2020. Moreover, the stadium had a capacity of 65000.
Rather the event will stream live on Sunday on 5th April 2020 at 7 P.M on WWE Network. The stream is available on pay-per-view. Last year, Wrestlemania brought in $16 million from ticket sales. However, this year the event will have a big hit due to lack of audience.
The World Health Organization declared coronavirus as a pandemic. As a result, all the sports franchises globally had to postpone, shutdown or broadcast sporting events online.
WWE has one of the largest fan following and audience bases globally. Therefore, protecting this base from the pandemic becomes the priority of the company. Furthermore, all WWE events will broadcast on WWE Network and few will be postponed until further notice.