www.411mania.com
|  News |  Columns |  TV Reports |  Video Reviews |  Title History |  Hall of Fame |  News Report |  The Dunn List |
SPOTLIGHTS  SPOTLIGHTS
MOVIES/TV
// Stefanie Knight Packs Her Hot Body in a Bra and Panties for Instagram Selfies
MUSIC
// RZA Gives Raekwon Ultimatum To Agree to Terms for Wu-Tang Album
WRESTLING
// While Evolution Started The Battle, Could The Shield Win The War Games?
MMA
// MMA's 3R's: TUF Nations Finale and UFC on Fox 11
GAMES
// Royce Gracie Set to be Playable Character for EA Sports UFC




 HOT TOPICS
//  CM Punk
//  John Cena
//  Triple H
//  Hulk Hogan
//  Randy Orton
//  Christian
SYNDICATE  SYNDICATE



411mania RSS Feeds





Follow 411mania on Twitter!




Add 411 On Facebook
 


 
 411mania » Wrestling » News

Advertisement
WWE Financials: Live and TV Entertainments Up From Last Year
Posted by Larry Csonka on 02.28.2013



- WWE released their Fourth Quarter and Full Year financials today. Here are the details on the live and TV entertainment business…
Live and Televised Entertainment
Revenues from our Live and Televised Entertainment businesses were $82.0 million for the current quarter as compared to $81.0 million in the prior-year quarter. Increased rights fees from the production and licensing of new television programs were affected by timing, with 8 fewer international live events and a reduction in the number of pay-per-view events (3 vs. 4 in the prior-year quarter).

Live Event revenues declined 13% to $23.3 million from $26.9 million in the prior-year quarter primarily due to a reduction in the number of international events and lower average attendance at both our domestic and international events.

There were 75 total events, including 52 events in North America and 23 events in international markets, in the current quarter as compared to 78 events in the prior-year quarter, including 47 events in North America and 31 in international markets.

North American live event revenues increased 9% to $13.9 million from $12.7 million in the prior-year quarter, reflecting increases in the number of events and average realized ticket price, which more than offset a slight decline in average attendance. There were 5 additional events in the period, representing an 11% increase while the average ticket price for the quarter's events increased 4% to $44.64 from $42.87 in the prior-year quarter. Average attendance declined 5% to approximately 5,700 from 6,000, primarily due to weaker performance.

International live events generated revenues of $9.4 million as compared to $14.2 million in the prior-year quarter, reflecting a 26% decline in the number of events, with 8 fewer events in the period, and an 11% decrease in average attendance to approximately 5,600 from 6,300 in the prior-year quarter. The decline in average attendance was predominantly due to weaker performance, as the prior-year quarter included an especially strong eight-event tour in Mexico. Partially offsetting the decline in events and attendance, the average ticket price increased 5% to $69.81 due in part to changes in the mix of ticket sales.

 photo wwfinancial20121_zps363591b4.png






Must-read wrestling news:
* The Rock says a rematch with John Cena had the most box office appeal
* Who came up with the Jack Swagger/Zeb Colter storyline?
* Chris Jericho: "Triple H is the right guy to take over WWE"
* 411's WWE Main Event report
* The Top 10 Heels of the Week
* 411 Fact or Fiction: Undertaker's Return, Punk vs Cena, More





MUST-READ 411 STORIES:

Top 10 Horror Documentaries

Why S.H.I.E.L.D. Can't Top Arrow

Hot Babe's Underwear Selfie


comments powered by Disqus





www.41mania.com
Copyright (c) 2011 411mania.com, LLC. All rights reserved.
Click here for our privacy policy. Please help us serve you better, fill out our survey.
Use of this site signifies your agreement to our terms of use.