Television

WWE 1Q revenue up to $93.8 million

MUMBAI: World Wrestling Entertainment (WWE) has announced financial results for its first quarter ended 29 July, 2005.

Total revenues were $93.8 million as compared to $81.6 million in the prior year quarter, and operating income was $ 15.8 million versus $11.2 million in the prior year quarter. Net income was $11.2 million as compared to $7.6 million.

During the quarter, the company aired five pay per view (PPV) events as compared to four events in the prior year quarter. The additional event Backlash contributed approximately $4.3 million in revenues, or $2.1 million in profit contribution.

 
 
 

In India WWE airs on Ten Sports. WWE CEO Linda McMahon says, “One of the more significant items in our live and televised businesses for the quarter was the increase in pay per view buys. Each of the pay per view events produced in the quarter either met or exceeded the buys from the prior year. Another significant item was an increase in average attendance at our live events as the average attendance at both our North American and International live events was better than anticipated and surpassed last year’s average by more than 18 per cent.”

“Regarding the branded merchandise businesses, our licensing programmes continue to expand internationally with significantly better than anticipated sales in the toy and novelty categories. Our home video business also outperformed our estimates due in part to the success of our WrestleMania 21 title, which sold approximately 202,000 DVD units to date in the US making it one of our alltime best sellers. These results show that our continued investment in areas such as global expansion and talent development are beginning to yield positive returns.”

 
 
 

PPV revenues were $21.6 million versus $16.9 million in the prior year quarter. In the first quarter of fiscal 2006, five PPV events were produced as compared to four events in the prior year quarter. WWE will produce 16

PPV events in this fiscal compared to 14 events last fiscaL

Live event revenues were $16.5 million as compared to $17.9 million in the first

quarter of last year. There were 70 events during the quarter as compared to 89 events during the same period last year. including international events held in fiscal 2006 as

compared to 10 international events held in the prior year· The average attendance at the company’s North American live events was

approximately 4,600 as compared to approximately 3,800 in the prior year

quarter, while the average international attendance was 10,700 as compared to

9,300 in the prior year quarter.

International events averaged approximately $809,000 in net revenues and approximately $228,000 in profit contribution during the current quarter. This is compared to domestic event net revenues that averaged approximately $172,000

and approximately $33,000 in profit contribution during this same period. Television ad revenues were $10.4 million as compared to $10.6 million

in the prior year quarter.

Average household ratings for Raw were 3.8 as

compared to 3.7 in the prior year quarter and SmackDown ratings were 3.1 for both the current and the prior year quarter. Television Rights Fees revenues were $20.0 million as compared to $19.8 million in the prior year quarter.

Based on the first quarter results the WWE has increased its full year forecast and expects revenues of between $360.0 and $375.0 million,

Latest Reads

http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/dish.jpg?itok=aEKE6Gl3
Dishum TV's quest to succeed in the Bhojpuri market

MUMBAI: Week 24 of BARC's data for the Bhojpuri market was out on Thursday. Like most weeks, this time too there were no revelations. For the longest time, this space has been captured by two players - Big Ganga and Bhojpuri Cinema - and there's no evidence to suggest a potential disruption in the...

Television TV Channels Regional
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/nagin.jpg?itok=b3lDGnFF
Colors Tamil the new entrant in BARC's week 24 data for Tamil market

MUMBAI: Colors Tamil, the newly launched Tamil regional channel of Viacom 18, was the new entrant in the Tamil market after BARC released its rating for week 24. Star Maa, a Telugu channel of Star TV, topped the charts, with Big Ganga settling for second position. There wasn’t much change in the...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/22/v8.jpg?itok=mpHAliQ0
V6 News set to launch Telugu GEC

MUMBAI: VIL Media Pvt Ltd-owned V6 News, a 24-hour Telugu satellite news broadcaster, is set to launch a general entertainment channel. V6 News, launched in March 2012, managed to gain popularity among the audience in Hyderabad and Telangana market within a short span of time. Earlier, it was...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/lal.jpg?itok=gi-ZabHS
&TV presents Laal Ishq - passionate love stories with a supernatural twist

We promised to be together forever. Nothing could take us apart - not even death. Even though my body has long gone, my spirit still lives on… my soul will always be with you. For true love, never dies. &TV’s latest offering Laal Ishq, a series of passionate love stories with a supernatural...

Television TV Channels GECs
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/kumkum.jpg?itok=MYwxtkw_
Zee Anmol retains lead in GEC (U+R) in BARC's week 24 data

Zee Anmol retained its top spot in Broadcast Audience Research Council (BARC) data for week 24 in the Hindi GEC (U+R) market. While Star Utsav and Rishtey swapped their third and fourth positions in the rural market, Star Plus and Zee TV exchanged second and third positions in the urban segment.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/mirror.jpg?itok=iCGUizmu
BARC, Week 24: Rebublic TV dominates, Mirror Now enters top five

MUMBAI: Times Network’s English news channel, Mirror Now, replaced NDTV in the All India Broadcast Audience Research Council’s (BARC) week 24 rantings, as Arnab Goswami's Republic TV continued to dominate the English news market While Aaj Tak led the charts in two Hindi news markets, ABP News...

Television TV Channels Viewership
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/com.jpg?itok=dt4jzm8M
What next with Fox-Disney-Comcast ?

MUMBAI: Part poker, part chess. That's exactly how the Disney-Comcast bidding war for Rupert Murdoch's entertainment conglomerate - 21 Century Fox - is being played out. The intense, see-saw battle for the media empire, which includes Hollywood studios, cable networks and streaming businesses, isn...

Television Production House Post Production
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/sky.jpg?itok=iRHwz8oe
Sky News gets 15-year commitment from Disney in takeover battle

MUMBAI: Disney has refrained from selling Sky News without the U.K government’s permission and offered British authorities a commitment to operate Sky News for 15 years. For its part, 21st Century Fox has offered new commitments in an attempt to get its $15 billion bid for Sky over the finish line...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/drupal7.indiantelevision.co.in/files/styles/340x340/public/images/tv-images/2018/06/21/discovery.jpg?itok=8KddrXNz
Discovery picks Park Avenue address for new global HQ

MUMBAI: Discovery Inc. has selected a Park Avenue address for its new global headquarters. The company is also expanding facilities and adding jobs in Virginia. The company has signed a long-term lease with TF Cornerstone to occupy the entire space of 230 Park Ave South. According to GlobeSt.com,...

Television TV Channels Viewership

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories