Highlights of WWE’s second quarter financial results.
All information found at corporate.wwe.com.
* Revenues for the second quarter were $142.6 million compared to $106.8 million in the prior year quarter. Operating income was $21.0 million compared to $10.3 million in the prior year.
* The big winner was Wrestlemania 27 doing 1,059,000 buys worldwide (an increase from the 885,000 buys that Wrestlemania 26 drew last year). It would also be the highest buyrate for a Wrestlemania event since Wrestlemania 23 back in 2007. The show contributed $35.9 million in revenues and $16.7 million of profit contribution.
Note: For WWE PPV buyrate figures, click here.
* Live and Televised Entertainment business revenue was $110.5 million compared to $77.4 million in the prior year.
* Pay Per View revenue was $34.4 million compared to $10.4 million in the prior year (this is slightly skewed as only three PPV events were provided in the prior year quarter versus the four in the current).
* Television Rights Fees revenue was $32.0 million compared to $30.8 million in the prior year.
* Venue Merchandise revenue was $6.3 million compared to $4.3 million in the prior year.
* Consumer Products revenue (Home Video, Licensing and Magazine) was $21.6 million, down from $23.3 million in the prior year.
* Digital Media (WWE.com, WWEShop) revenue was $6.2 million compared to $5.4 million in the prior year.
* WWE Studios revenue was $4.3 million compared to $0.7 million in the prior year due in part to the release of the new “Thats What I Am.”
To view a detailed breakdown courtesy of WWE, click here.