Television

WWE reports decrease in net revenue

MUMBAI: The World Wrestling Entertainment (WWE) has reported that net revenues for the fourth quarter ended 30 April 2005 have fallen to $118.3 million as compared to $126.7 million in the same quarter for 2004.

Operating income for the quarter was also down at $22.5 million versus $32.8 million in the prior year's quarter. One reason is that there were fewer pay per view (PPV) buys in the quarter. There were three PPV events in 2005 as opposed to four in the 2004 quarter.

Operating income for the year was $50.3 million versus $73.6 million in the prior year. Net income was $39.1 million as compared to $48.2 million in 2004.

PPV revenues were $34.6 million versus $43.7 million in the prior year quarter. Revenues from the branded merchandise segment were $20.8 million versus $25.7 million in the prior year quarter. Home video revenues were $5.1 million as compared to $11.1 million in the prior year quarter. Licensing revenues held steady at $3.7 million for both quarters. Publishing revenues increased to $3.6 million as compared to $3.1 million in the prior year.

The company states that international events that it holds were among the highlights. The big event was WrestleMania 21. The WWE produced 23 international live events in Asia, Australia and Europe. The fourth quarter concluded with a soldout international tour playing 14 live events before more than 100,000 people in the UK, Italy, Germany and Ireland.

In India WWE action airs on Ten Sports. WrestleMania 21 achieved an estimated 983,000 pay-per-view buys, an 11 per cent increase from the WrestleMania XX buys recorded in the fourth quarter of 2004.

WWE CEO Linda McMahon said, “Our fourth quarter results demonstrated the continued appeal of WrestleMania and that we have made significant strides to solidify our global presence in closing out fiscal 2005. We have established an ongoing presence in key territories such as the UK, Australia, Italy and Japan and can now more fully leverage our various business lines in these regions.

"In 2006, our focus will be on new and emerging businesses, such as our WWE 24/7 SVOD service, the expansion of our digital media product, theatrical films through WWE Films, and our new WWE Legends initiative that uses former Superstars as the basis for new product lines and activities. All these provide new opportunities to expand the WWE brand to new fans, and to reconnect with casual and former fans.

"On the international front, we will continue our expansion and plan to bring our live event tours to new territories including New Zealand and Central America. On the domestic front, we are excited about the move of our flagship cable programme Raw, to its new home on the USA Network in October, and the opportunities afforded by the move of SmackDown!to Friday nights on UPN.”

International events averaged approximately $698,000 in net revenues and averaged approximately $202,500 in profit contribution during the current quarter. This is compared to domestic event net revenues that averaged approximately $252,200 and averaged approximately $68,200 in profit contribution during this same period.

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/13/james.jpg?itok=rGws6itt
Disney-Fox deal expected to happen on Thursday: CNBC

The Walt Disney Co. is expected to close a deal valued at $60 billion to acquire much of 21st Century Fox's assets, according to a CNBC news report. The two companies are likely to announce the deal on Thursday.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/13/zee-tamil.jpg?itok=zryzfAwz
World television premiere of Maragadha Naanayam on Zee Tamil

Zee Tamil announced the world television premiere of critically acclaimed Maragadha Naanayam – the fantasy-comedy-thriller film that features Aadhi Pinisetty and Nikki Galrani on Sunday, 17 December at 4:00 PM only on Zee Tamil. Written and directed by ARK Saravan, the movie is a perfect blend of...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/12/colp.jpg?itok=xKojrAKq
Republic TV to track real-time data for Gujarat elections

MUMBAI: Republic TV has partnered data-science company Gramener to track real-time data, along with analysis, during the Gujarat elections. According to a release sent by Republic TV, “Gramener will help enhance the visual look both on-air and on Republic’s digital platforms to present the data in...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/12/nakul1.jpg?itok=n95iPoI2
Nakul Chopra is new BARC chairman

MUMBAI: Nakul Chopra, currently president of Advertising Agencies Association of India (AAAI) and senior advisor of Publicis Communications, has been elected as the next chairman of BARC India. Chopra succeeds Viacom18 group CEO Sudhanshu Vats, who has completed his one-year tenure as chairman.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/12/nitin.jpg?itok=w3KFq-K3
Nitin Kukreja joins iQuest

Former Star India sports head Nitin Kukreja has joined iQuest Enterprises as its chief executive officer. Kukreja had left Star in March this year. IQuest is an enterprise of Nimmagadda Prasad, the former owner of the Maa TV group, who has multiple business interests ranging from infrastructure to...

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/12/sun.jpg?itok=qmg25IGp
Sun TV's unassailable lead continues, while Zee TV leads Hindi across genre

BENGALURU: The Sun network's flagship Tamil general entertainment channel (GEC) Sun TV continued its lead in ratings across all GECs on Indian television for week 48 of 2017 (25 November to 1 December 2017) according to Broadcast Audience Research Council (BARC) weekly ratings data

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/11/vikas.jpg?itok=zxlytGcp
Republic TV, BTVI join hands for budget coverage

MUMBAI: Republic TV, spearheaded by Arnab Goswami, and Business Television India (BTVI) have entered into an alliance for content and programming around Union Budget 2018. The Republic TV- BTVI alliance promises to offer viewers a distinctive experience.

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/11/nba_0.jpg?itok=C2zPkp_A
Mairu Gupta and the art of building the NBA in India

MUMBAI: For basketball fans worldwide, the US National Basketball Association (NBA) represents the mecca of the sport. But in India, the NBA has had its task cut out, what with cricket presenting a near impenetrable line of defence.

Television TV Channels Sports
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2017/12/09/cnn-news18-year.jpg?itok=rbLMcF5z
CNN-News18 'Indian of the year' 2017 special Telecast on 9 and 10 December

MUMBAI: The awards night of the annual and flagship initiative of CNN-News18, ‘Indian of the Year – 2017’ will be telecasted on the 9 and 10 of December at 9:30 PM on the channel. The initiative, whichrecognizes and awards the exceptional contribution and achievements of the iconic Indian citizens...

Television TV Channels News Broadcasting

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories