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March 31, 2014
06:31 EDTWWEWWE's Internet TV service an important project for company, NY Times says
World Wrestling Entertainment's WWE Network, a subscription streaming video service launched last month, is "on the cutting edge of Internet TV," according to The New York Times. The company has invested tens of millions of dollars in the project, which one wrestling commentator said could change how wrestling and sports entertainment are broadcast, the newspaper stated. Reference Link
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February 11, 2016
08:37 EDTWWEWWE sees Q1 adjusted OIBDA $15M-$19M
The range of projected first quarter results reflects a year-over-year decline primarily due to the timing of WrestleMania and related event ticket sales - as last year's event grossed approximately $15M - and an increase in accrued management incentive compensation. For the first quarter 2016, the company projects average paid subscribers of 1,280,000, give or take 2%, representing an approximate year-over-year increase of 38%. Although the company is not providing an estimate of first quarter ending subscribers with this release, the company plans to communicate an update on network subscriber levels on April 4, 2016 the day after WrestleMania.
08:36 EDTWWEWWE reports Q4 adjusted EPS 4c, consensus 0c
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