www.411mania.com
|  News |  Columns |  TV Reports |  Video Reviews |  Title History |  Hall of Fame |  News Report |  The Dunn List |
SPOTLIGHTS  SPOTLIGHTS
MOVIES/TV
// Pierce Brosnan's Hilarious Reason For Turning Down Batman Role
MUSIC
// Beyonce's Mom Says There Are No Problems In Beyonce's Marriage To Jay Z
WRESTLING
// WWE Reportedly Has No Interest In Signing Bully Ray
MMA
// PEDs: An Issue That's Here to Stay
GAMES
// WWE 2K15 Developers Discuss The Game’s CAW Mode, The Motion Capture Work on The Game, More




 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 Q4: Consumer Products Business Decreases 31 Percent
Posted by Larry Csonka on 02.20.2014



- According to the WWE financials that were released today, here is how the company's Consumer Products Business aspects performed…

Revenues from our Consumer Products businesses decreased 31% to $14.1 million from $20.4 million in the prior year quarter, primarily due to declines in the Company's home entertainment business and toy licensing as described below.

  • Home Entertainment net revenues were $5.0 million as compared to $9.6 million in the prior year quarter. The decrease was driven by a 33% decline in the average price per unit to approximately $8 due, in part, to a higher proportion of catalog sales than in the prior year quarter. This shift derived from changes at retail, including reduced space for DVD inventory and demand for lower priced product. Shipments of catalog titles increased 51% and accounted for 57% of total unit shipments compared to 35% in the prior year quarter. Based on the sustained increase in catalog shipments, which historically have been characterized by lower sell-through rates, estimated returns increased to 51% from 37% of gross revenue. Also contributing to the decline in net home entertainment revenue, overall shipments fell 8% to 1.1 million with two fewer releases in the quarter (9 in Q4 2013 vs. 11 in Q4 2012).

  • Licensing revenues declined 14% to $7.2 million from $8.4 million in the prior year quarter primarily due to reduced sales of toy products in the U.S. and international markets. Despite the fourth quarter decline, domestic retail toy sales increased for the full year and WWE maintained its position with the second highest selling action figure property in the U.S. market. In late 2013, the Company launched a new line of construction toys, a segment of the toy category that has demonstrated strong growth over the last several years. Royalties from the sale of video game and apparel products were essentially flat to the prior year quarter, as modest growth in the U.S. was offset by lower sales in international markets.

  • Magazine publishing net revenues were $1.3 million as compared to $1.7 million in the prior year quarter, reflecting lower newsstand sales in the current year quarter.





    MUST-READ 411 STORIES:

    10 Coolest Guardians of Galaxy Things

    PEDs: An Issue That's Here to Stay

    New Batman v Superman Supersuit Pic


    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.