Friday, May 3, 2013

Recap from WWE Conference Call After Financial Results on Thursday

- Here is a recap from WWE’s conference call to discuss financial results on Thursday:

* Michael Weitz opened the call and then turned it over to Vince McMahon.

* Vince McMahon said they had “mixed results” in the first quarter. He noted that the live events and pay-per-view buys were up. Vince mentions the television ratings are strong and pointed to increases in Raw and Smackdown.

* Vince called WrestleMania “a huge success.”

* Vince said they had seven new talents appear at WrestleMania 29 and said it’s important to build new stars.

* “As far as the network is concerned, we are continuing to build on that as far as a subscription model,” McMahon said.

* Vince turned the call over to Barrios.

* Barrios said that PPV buys for the Royal Rumble and Elimination Chamber pay-per-views were up 17 percent compared to the same events last year.

* Barrios noted that there was a five percent increase in the average revenue per buy due to the hi...

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