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/default/files/styles/340x340/public/images/tv-images/2018/11/14/aaj-tak.jpg?itok=Wi61qSr1
3rd Sahitya Aaj Tak India’s largest Hindi Literature Festival promises a grander & a bigger show

Aaj Tak, India’s No. 1 Hindi news channel with over 25 crore viewers (Source: BARC, TG:2+,Mkt:HSM, Period: W29'18-W32'18,) kicks-off the third edition of its annual mega Hindi literature festival - Sahitya AajTak .

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/children.jpg?itok=0w-PSLPz
Excitement Tenfold as Nickelodeon India Brings a Week of fun to celebrate children’s day

The memories that we make as children always set path for the adult in us.  Nickelodeon, India’s leading kids’ entertainment franchise by Viacom18

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/animal-planet.jpg?itok=GK2QBFXl
The Irwin Family -Terri, Bindi and Robert - come home to Animal Planet in ‘CRIKEY! IT’S THE IRWINS’ which premiers in India on November 15 at 9 PM IST

Lace up your boots because you’re about to embark on the journey of a lifetime with the family that’s bringing khaki back.

Television TV Channels English Entertainment
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/aib.jpg?itok=V7Hl7Z48
OBESITY AMONG DIABETICS ON THE RISE IN URBAN INDIA, new study finds

MUMBAI: A new study on type 2 diabetes (T2D) patients in India finds that obesity among diabetics is on the rise. The same study also revealed that majority of patients prefer to have fewer large meals as opposed to more frequent small meals which are more diabetes friendly The results are part of...

Television TV Channels News Broadcasting
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/powerpuff.jpg?itok=apUe6L69
Cartoon Network celebrates 20 years of heroic supremacy of The Powerpuff Girls in November

Cartoon Network, home to the three fabulous superhero sisters, Blossom, Bubbles and Buttercup rings in 20 glorious years of ‘The Powerpuff Girls’ this November. Cartoon Network India along

Television TV Channels Kids
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/eros.jpg?itok=DHq91esu
Eros International acquires highly anticipated Telugu film Amar Akbar Anthony

Eros International Media Ltd, a leading global company in the Indian film entertainment industry, in association with Mythri Movie Makers will be releasing Telugu action entertainer Amar Akbar Anthony.

Television TV Channels Music and Youth
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/Republic-TV.jpg?itok=OJBUea4v
Republic TV continues to dominate English news genre: BARC week 44

In the Hindi news (U+R) genre, Zee News climbed two slots to the third position in week 44 of BARC ratings. Aaj Tak yet again stood on top in all the three genres. Republic TV continues its dominating streak in the English news genre.

Television TV Channels Viewership
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/13/zee.jpg?itok=Rw8Tfbjd
Essel Group engages Goldman Sachs to sell half its stake in Zee Entertainment

Mumbai: 13th November 2018, Subhash Chandra and family along with its advisors met in Mumbai over the Diwali weekend to undertake a strategic review of its businesses in view of the changing global media landscape. The strategic review underscored the importance of technological advancements such...

Television TV Channels GECs
http://www.indiantelevision.com/sites/default/files/styles/340x340/public/images/tv-images/2018/11/14/royal.jpg?itok=vr3HaK3M
Get ready to go on a Royal Journey with FYI TV18’s ‘Royal India with Samira’

Ever wondered what Maharaja’s at their Royal palaces eat for their dinner? From understanding what all goes into the making of a royal meal to stealing some royal recipes, Samira is all set to take you for a Rich Food adventure.

Television TV Channels Factual @ Discovery

Latest News

Load More

Sign up for our Newsletter

subscribe for latest stories