www.411mania.com
|  News |  Columns |  TV Reports |  Video Reviews |  Title History |  Hall of Fame |  News Report |  The Dunn List |
SPOTLIGHTS  SPOTLIGHTS
MOVIES/TV
// Alleged Nude Photos Of Jennifer Lawrence, Kate Upton and Dozens More Celebs Leaked in Online Hack
MUSIC
// Kesha Instagrams a Nearly-Topless Selfie From VMAs
WRESTLING
// The Monday Night War Review: Episode Three - 'Embracing Attitude'
MMA
// Top 10 Fighters Who Are Better Than Their Record
GAMES
// Grand Theft Auto 5 Not Delayed on Xbox One, PS4 & PC




 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: Consumer Projects Division Sees $10 Million Drop
Posted by Larry Csonka on 05.01.2014



- In today's first quarter 2014 financials report, the WWE announced that the revenues from the Consumer Products side of the business were $23.2 million as compared to $32.6 million in the prior year quarter. This was primarily due to the decline in the Company's video game licensing royalties. The good news is that WWEShop revenues increased 20% from this time last year. Here is the breakdown…
  • Licensing revenues were $14.0 million as compared to $24.0 million in the prior year quarter, primarily driven by the transition to a new video game partner, Take-Two Interactive, and contractual changes in the Company's licensing agreement. Estimated North American unit sales for our franchise game at retail were effectively unchanged versus the prior year period and compared favorably to a 33% industry decline in current generation software sales. Additionally, video game revenues in the prior year quarter were positively impacted by a $2.0 million benefit associated with the termination of our agreement with our former video game licensee, THQ.

  • Venue Merchandise revenues decreased 2% to $5.0 million from $5.1 million in the prior year quarter primarily due to a 6% decline in per capita merchandise sales at domestic events to $9.64 in the current year quarter, which more than offset a 4% increase in total attendance at those events.

  • WWEShop revenues increased 20% to $4.2 million as compared to $3.5 million in the prior year quarter based on a 16% increase in the volume of online merchandise sales to approximately 85,000 orders. Orders increased primarily due to mobile shop optimization and a new partnership with Amazon UK. The average revenue per order was essentially unchanged from the prior year quarter.






  • MUST-READ 411 STORIES:

    DC Comics: Doomed At Box Office?

    Top 8 Comic Face Turns

    Nude Pics of Upton, Other Celebs Leak?


    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.