Here’s a move that probably won’t be received well by the more than 170 WWE Superstars and employees stranded in Saudi Arabia last week.
The company announced this afternoon an expansion of their current agreement with the General Entertainment Authority to add a “second annual large-scale event”. For what it’s worth, WWE already does two shows a year in Saudi Arabia, and have already been working towards a television deal in the region.
The reason this press release is significant is that up until this point they have only ever been contractually obligated to do one show per year; we just saw that show last week at Crown Jewel. The Greatest Royal Rumble event in 2018 and Super Showdown earlier this year were added on to the benefit of both sides, but now it’s official that WWE will be running two shows ever year going forward.
WWE issued the following statement:
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STAMFORD, CONN. and RIYADH, SAUDI ARABIA, November 4, 2019 – Following the historic Crown Jewel event in Riyadh, WWE (NYSE: WWE) and the Saudi General Entertainment Authority (GEA) have expanded their live event partnership through 2027 to include a second annual large-scale event. WWE and GEA also continue to work towards the completion of a media agreement in the MENA region.
This long-term partnership demonstrates WWE and GEA’s commitment to bring sports entertainment to the region and supports Saudi Arabia’s Vision 2030.