WWE relocates its headquarters

by   |  VIEW 28913

WWE relocates its headquarters

The WWE, in the last 30 years exactly, has always had its headquarters in the same town in America, from which last year the match of the Money in the Bank, of the homonymous ppv of the company, was also staged, where Otis and Asuka they triumphed right on the twin towers of Stamford, detaching their briefcase from the top of the ladder positioned on the roof of the towers.

Apparently, the time would come for WWE to change headquarters, moving after numerous layoffs and releases, the entire headquarters of the company, from two famous buildings to one, always in the same Connecticut town, or in Stamford.

The new building that WWE will acquire is located on the outskirts of Stamford and also has as a whole the world-famous tobacco company, which produces Philip Morris. This move had to be staged as early as 2019, but to finish all the movement of documents and materials from one location to another, it would take months, up to the first half of 2021.

Obviously, due to the covid, everything has stalled, including the change of location for WWE.

Historic relocation to the WWE headquarters

The flags on top of the WWE headquarters in Stamford, CT were changed by the WWE earlier today to display the new company logo that will be formally used from this weekend onwards.

WWE’s office building also had the previous scratch logo changed today with the new logo that we’ve been seeing used with the WWE Network. Vince McMahon tweeted the following after applying the changes. Finally, the time seems to have come for WWE to move to a new location, with all moves to the new 415,000-foot building set to begin shortly.

Before moving permanently, however, WWE wants to sell the Titan Towers headquarters, so as to use that money to cover the expenses of the new headquarters. After seeing all the live events and all the revenues due to the sale of tickets for the shows and merchandising sold on the spot stop, WWE wanted to wait for the return of fans and live shows to implement this shift, because the new policy of budget cuts prevented the federation from making even such a costly move.

After seeing the first numbers of the third quarter of the year, which seem to boost WWE shares and revenues, as happened in the last calendar year, Vince McMahon and associates have decided not to wait any longer, taking advantage of this great situation. economic stability of the WWE, to carry out a historical change of location, which had not occurred since 1991.