WWE Revenues Up 16 Percent

STAMFORD, November 1: World
Wrestling Entertainment has announced third-quarter revenues of $108.1 million,
a gain of 16 percent, however profit fell from $9.2 million to $8.5 million.

Revenues from live and televised entertainment were up 5
percent to $68.8 million. WWE hosted 78 events—including 15 outside of
the U.S.—throughout the quarter, which brought in $20.1 million in
revenues. International events alone brought in $6.6 million, more than double
the prior year’s $3.2 million. On the TV front, pay-per-view revenues were down
to $18.8 million from $19.9 million, broadcasting rights fees grew slightly to
$22.8 million, and the WWE 24/7 SVOD service revenues more than doubled to $1.4
million.

Digital media revenue grew from $5.9 million to $7.7
million, a 31-percent increase, driven by gains at WWE.com, where web-based
advertising increased by 68 percent.

Consumer products revenues fell to $19 million from $21.7
million, partly due to a significant fall in home video revenues, from $11.4
million to $5.7 million.

The quarter also included $12.8 million from WWE Films.

—By Mansha Daswani