Report: WWE Received $1.6 Million Tax Break From Ohio In 2024
WWE got a big tax break from Ohio.
The Columbus Dispatch reports that WWE received a $1,675,986 tax break from the state of Ohio in 2024.
The report notes that artists shooting their movies and television shows in Ohio got a total $44 million influx in funding from the state. WWE was listed under TV series.
From the Dispatch:
TV Series receiving tax breaks from Ohio in 2024
Here are TV shows being funded with tax credits in Ohio this year:
An Interesting Life Season 2, Southwest Ohio, $432,300
WWE 2024, Ohio, $1,675,986
Nightmare Transmission Season 2, Ashland/Columbus, $265,247.40
Heartland Horror Chronicles Season 1, Crestline, $129,444
Christmas on Main, Ashland, $148,842
Kings of Vegas, Cleveland, $105,878.25Awarded projects total nearly $503 million in production expenses, $146.7 million in total eligible production expenses and are expected to create 530 full-time jobs, according to the Ohio Department of Development. Development received 27 applications for the Fiscal Year 2024 January round, requesting nearly $60 million in tax credits.
Fightful Select previously reported that Cleveland was the front-runner to host WWE SummerSlam. WWE has not officially announced the date or host for WWE SummerSlam 2024.
