Fri, Oct. 23, 1:21 PM
- World Wrestling Entertainment (WWE +7.7%) trades higher after the company announced it launched the WWE Network in India.
- The entertainment company is running some promotions in an effort to bring in subscribers.
- Global expansion of the WWE Network has been a major topic during recent World Wrestling Entertainment conference calls.
Thu, Jul. 30, 9:12 AM
- Gainers: UNXL +33%. UNIS +22%. MEET +18%. GEVO +17%. SHOP +15%. OTEX +15%. WWE +15%. SGYP +13%. SKX +12%. MWW +9%. HBP +8%. HOLX +8%. WDC +8%. APD +6%.
- Losers: PRSN -35%. LNCO -21%. LINE -19%. FMI -18%. SSYS -18%. ITG -14%. FOE -13%. WFM -12%. QRVO -12%. OSK -11%. LOCK -11%. DDD -9%. MNKD -7%. NCR -6%. GNCA -6%. FMS -5%. MPC -5%. CROX -5%.
Thu, Apr. 30, 9:18 AM
- World Wrestling Entertainment (NYSE:WWE) reports its WWE streaming service is over 1.3M subscribers to mark +30% Q/Q growth.
- WWE subscribers watched an average of 53 hours of content during the quarter in an indication that the retention rate with subscribers stands a good chance of being high.
- The company launched WWE Network in the U.K. and Ireland during the period, while North Africa and the Middle East were added in the last month. Plans are in placed to enter India, China, Germany, Japan, Italy, Thailand, and Malaysia.
- Q1 revenue growth by segment: Media +38% to $104.8M, Live events +81% to $39.3M, Consumer products +30% to $30.2M, WWE Studios -65% to $1.5M.
- Previously: World Wrestling Entertainment beats by $0.11, beats on revenue
- WWE +3.55% premarket to $14.87.
Thu, Apr. 30, 8:38 AM
Mon, Mar. 30, 1:06 PM
- World Wrestling Entertainment (WWE -16%) falls sharply lower after the company discloses some streaming subscriber information.
- CEO Vince McMahon says the online TV network has 1.3M subscribers after running a free promotion in February.
- Execs indicated during Q&A that they would stick with a pricing of $9.99 for the service.
- A total subscriber count of 3M to 4M users is still the company's goal.
- Shares of WWE are still up 13.2% YTD despite today's slide.
- WWE Network Wrestlemania conference call webcast.
Thu, Feb. 12, 9:15 AM| Thu, Feb. 12, 9:15 AM | 5 Comments
Thu, Feb. 12, 9:05 AM
- World Wrestling Entertainment (NYSE:WWE) trades higher after the company tops earnings estimates.
- Network segment revenue was up 64% during the period.
- Revenue from the Asia Pacific region topped $10M for the first time.
- Consumer product revenue +22.9% to $20.4M.
- WWE Network subs +12% Q/Q to 816K.
- WWE +6.58% premarket to $14.25.
Thu, Feb. 12, 9:01 AM
Oct. 30, 2014, 9:18 AM
- World Wrestling Entertainment (NYSE:WWE) reports its WWE Network expanded to 731K subscribers in Q3.
- 31K subscriber were added during the period - 3K in the U.S. and 28K international.
- The company's media division increased revenue by 5.8% to $76.9M.
- Live events revenue -13.1% to $21.8M.
- Strategy: The company plans a new pricing plan of $9.99 per month beginning on November 1.
- WWE +1.7% premarket.
Oct. 30, 2014, 8:57 AM
Oct. 22, 2014, 2:37 PM
- Shares of World Wrestling Entertainment (WWE -7.1%) slide lower again as sentiment remains shaky following a short presentation yesterday by Mangrove Partners.
- "We think people are really unhappy and that the number of [[streaming]] additions is going to prove very disappointing," warns analyst Nathaniel August.
Jul. 31, 2014, 3:58 PM
- World Wrestling Entertainment (WWE +3.2%) is an unusual gainer in an otherwise down day, after reporting a smaller than expected Q2 loss and announcing a 10-year deal with Rogers Media to be the exclusive distribution partner of all WWE pay-per-view events throughout Canada.
- The company plans to get its WWE Network to 1.4M subscribers; almost twice the number it had at the end of Q2; to achieve that, it announces new pricing options and plans to cut its workforce by 7%.
Jul. 17, 2014, 12:15 PM
- Shares of World Wrestling Entertainment (WWE +6.5%) move higher on heavy volume on renewed buyout speculation.
- The M&A buzz in the media sector kicked into a higher gear yesterday after 21st Century Fox made an offer for Time Warner.
- Though the streaming sub growth at WWE hasn't dazzled, analysts think the initiative could still draw interest from a company on the distribution side of the business.
May 16, 2014, 12:46 PM
May 16, 2014, 9:17 AM
May 15, 2014, 6:57 PM
- World Wrestling Entertainment (WWE) says it reached a new multi-year television deal with NBCUniversal for Raw to return to the USA Network and Smackdown to run on Syfy.
- An early afternoon report tipping off the deal sent shares 3% higher during regular trading but have plunged 20.2% AH, perhaps because the actual announcement failed to include financial terms.
- WWE also says it expects to potentially double or triple its 2012 operating income before depreciation and amortization to $125M-$200M by 2015, based on an aggressive ramp of 2M-2.5M subscribers.
World Wrestling Entertainment Inc is an integrated media and entertainment company. It is engaged in the production and distribution of content through various channels including digital over-the-top (OTT) WWE Network, live events and feature films.
Other News & PR