WWE released their second quarter financial results today, which you can can Download in PDF here.
The company posted a revenue increase of $10.7 million or 8%, to $152.3 million from the previous year’s $141.6 million. This was driven by increased fees for their vast amount of weekly TV shows, as well an increase in ticket sales for Wrestlemania.
Despite Mania being their highest grossing event in history in terms of the live attendance, the PPV buyrate was 1,039,000 – down from last year’s 1,217,000 buys.
Though there was an increase in overall revenue, expenses increased. Operating income declined t...
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