{"id":10634,"date":"2016-02-11T14:00:35","date_gmt":"2016-02-11T20:00:35","guid":{"rendered":"http:\/\/www.pwtorch.com\/site\/?p=10634"},"modified":"2016-02-11T14:17:59","modified_gmt":"2016-02-11T20:17:59","slug":"wweq42015bizbreakdown","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2016\/02\/11\/wweq42015bizbreakdown\/","title":{"rendered":"WWE EARNINGS &#8211; Fourth Quarter Business Break Down (Revenue &#038; Profit\/Loss), Top Revenue Drivers, more"},"content":{"rendered":"<div id=\"pwtor-1268381704\" class=\"pwtor-before-content pwtor-entity-placement\"><hr \/><b>SPOTLIGHTED PODCAST ALERT (YOUR ARTICLE BEGINS A FEW INCHES DOWN)... <\/b>\r\n\r\n<iframe src=\"https:\/\/widget.spreaker.com\/player?show_id=3076978&theme=light&playlist=false&playlist-continuous=false&autoplay=false&live-autoplay=false&chapters-image=true&episode_image_position=right&hide-logo=false&hide-likes=false&hide-comments=false&hide-sharing=false&hide-download=true\" width=\"100%\" height=\"140px\" frameborder=\"0\"><\/iframe>\r\n<hr \/><\/div><p><span style=\"text-decoration: underline;\"><strong>WWE Fourth Quarter 2015 Business Break Down<\/strong><\/span><\/p>\n<p>&#8211; <strong>Total Revenue:<\/strong>\u00a0$166.2 million, up 18 percent from $140.5 million in Q4-2014.<\/p>\n<p>Adjusted Business Profit was $11.1 million, doubling $5.1 million in Q4-2014 during the Network ramp-up phase.<\/p>\n<p>&#8211; Domestic Revenue: $115.4 million (70 percent of the total), up 7.5 percent from $107.3 million in Q4-2014.<\/p>\n<p>&#8211; International Revenue: $50.8 million (30 percent of the total), up 53 percent from $33.2 million in Q4-2014. This was mainly driven by the accessibility of WWE Network and &#8220;escalation of TV Rights Fees.&#8221;<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>Individual Business Segments<\/strong><\/span><\/p>\n<p><strong>Media Division<\/strong><\/p>\n<p>&#8211; Total Revenue of $106.6 million (64 percent of total), up 19 percent from $89.5 million in Q4-2014.<\/p><div id=\"pwtor-2666144402\" class=\"pwtor-content pwtor-entity-placement\"><div align=\"center\" data-freestar-ad=\"__336x280 __336x280\" id=\"pwtorchcom_test_300x250\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_test_300x250\", slotId: \"pwtorchcom_test_300x250\" });\r\n  <\/script>\r\n<\/div><\/div>\n<ul>\n<li>Television Revenue was $55.6 million, up 10 percent from $50.5 million in Q4-2014 due the escalation of new TV deals.<\/li>\n<li>Network Revenue was $37.2 million, up 60 percent from Q4-2014 during the ramp-up period.\n<ul>\n<li>Within the Network segment, PPV Revenue was $3.6 million. WWE counts both items within the Network segment for a <strong>total of $40.8 million<\/strong>.<\/li>\n<\/ul>\n<\/li>\n<li>Home Entertainment was only $2.6 million, down 67 percent from $7.8 million in Q4-2014. WWE was hit hard by a &#8220;decline in effective prices&#8221; to only $8.34 per unit sold.<\/li>\n<li>Digital Media was $7.6 million, up 90 percent from $4.0 million in Q4-2014. The interesting thing is last year&#8217;s Digital Media segment lost revenue from people buying fewer PPVs on their website due to the Network switch-over. WWE said the number increased this year &#8220;primarily due to higher advertising revenues.&#8221;<\/li>\n<\/ul>\n<p>&#8211; Profit was $41.0 million (38 percent profit margin), an improvement on $29.8 million (33 percent margin) in Q4-2014.<\/p>\n<ul>\n<li>TV Profit was $23.3 million, an improvement on $18.9 million in Q4-2014.<\/li>\n<li>Network Profit was $15.0 million, an improvement on $6.8 million in Q4-2014.<\/li>\n<li>Home Entertainment Profit was minimal at $0.6 million compared to $4.6 million in Q4-2014.<\/li>\n<li>Digital Media Profit was $2.1 million, compared to a net loss of $0.5 million in Q4-2014.<\/li>\n<\/ul>\n<p><strong>Live Events Division<\/strong><\/p>\n<p>&#8211; Total Revenue of $32.9 million (20 percent of total), up 22 percent from $26.9 percent in Q4-2014.<\/p>\n<p>WWE noted higher average domestic ticket prices and higher attendance at international shows helped boost the revenue segment. The first NXT U.K. Tour helped internationally.<\/p>\n<ul>\n<li>North American Live Event Revenue was $18.5 million, up 21 percent from Q4-2014. This was &#8220;driven by a 13 percent increase in the average effective ticket price.&#8221;\n<ul>\n<li>The avg. ticket price was $51.59<\/li>\n<li>Average attendance was 6,300, an increase of 9 percent &#8220;in part due to the mix in venues.&#8221;<\/li>\n<\/ul>\n<\/li>\n<li>Int&#8217;l Live Event Revenue was $14.3 million, up 24 percent from Q4-2014.\n<ul>\n<li>Excluding the NXT tour, the avg. ticket price was $57.16, down 19 percent from Q4-2014, which &#8220;reflected changes in territory mix and unfavorable changes in foreign exchange rates.&#8221;<\/li>\n<li>Average attendance was 7,800, up 31 percent from Q4-2014.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&#8211; Total Profit was $7.3 million, an improvement on $4.6 million in Q4-2014. The profit margin was 22 percent, compared to 17 percent in Q4-2014.<\/p>\n<p><strong>Consumer Products Division<\/strong><\/p>\n<p>&#8211; Total Revenue of $24.0 million (14 percent of total), up 18 percent from $20.4 million in Q4-2014.<\/p>\n<ul>\n<li>Licensing Revenue was $9.6 million, up\u00a0slightly from $9.1 million in Q4-2014.\n<ul>\n<li>Within the segment is WWE&#8217;s action figure business. WWE\u00a0cited a survey from NPD Retail Group that &#8220;WWE maintained its strong position in the toy market with the third highest selling action figure property in the U.S.&#8221;<\/li>\n<\/ul>\n<\/li>\n<li>Venue Merchandise Revenue was $4.4 million, up from $3.6 million in Q4-2014. This was due to more big spenders in the audience at WWE shows, as per capita revenue increased six percent.<\/li>\n<li>WWE Shop Revenue was $10.0 million, up 30 percent from last holiday season&#8217;s $7.7 million.\n<ul>\n<li>The number of orders increased 24 percent to 214,000<\/li>\n<li>Spending\u00a0increased, too. Revenue per order was $46.43, up three percent. WWE credited &#8220;enhanced product assortment and expanded distribution through Amazon.&#8221;<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n<p>&#8211; Profit was $7.9 million, an improvement on\u00a0$7.0 million in Q4-2014. The profit margin was 33 percent, slightly down from 34 percent in Q4-2014.<\/p><div id=\"pwtor-1057042609\" class=\"pwtor-content-1 pwtor-entity-placement\"><!-- Tag ID: pwtorchcom_test_300x600 -->\r\n<div align=\"center\" data-freestar-ad=\"__336x280 __300x600\" id=\"pwtorchcom_test_300x600\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_test_300x600\", slotId: \"pwtorchcom_test_300x600\" });\r\n  <\/script>\r\n<\/div><\/div>\n<p><strong>WWE Studios Division<\/strong><\/p>\n<p>&#8211; WWE Studios Revenue was $1.8 million, down from $2.9 million in Q4-2014.<\/p>\n<p>WWE reported a net loss of $0.2 million, compared to $0.4 million in Q4-2014.\u00a0WWE has not reported a net gain since the first quarter of 2014.<\/p>\n<p><strong>Other Segments<\/strong><\/p>\n<p>&#8211; WWE recorded $0.9 million in Corporate\/Other Revenue to round out their total.<\/p>\n<p>The related\u00a0expenses were $25.0 million in Corporate Support and $27.1 million in Business Sport, for a total Corporate Expense of $52.0 million, an increase of 39 percent.<\/p>\n<p>WWE attributed most of the increase to a\u00a0$7.1 million impairment charge related to abandoning their media center project.<\/p>\n<p><span style=\"text-decoration: underline;\"><strong>COMPARISON OF CHANGES<\/strong><\/span><\/p>\n<p>&#8211; In the Fourth Quarter 2015, WWE became even more\u00a0top-heavy, as\u00a0TV Revenue, WWE Network, and Live Events produced\u00a0$129.3 million revenue (78 percent) of the total.<\/p>\n<p>In the Fourth Quarter 2014, the top three segments produced $104.6 million (74 percent of the total).<\/p>\n<p>&#8211; In Q4-2015, TV Rights and WWE Network alone produced $96.4 million (58 percent of total revenue in the quarter).<\/p>\n<p>In Q4-2014, TV Rights &amp; Network alone produced $77.7 million (55 percent of total revenue in the quarter).<\/p>\n<p>&#8211; The ancillary business segments made up 22 percent of revenue in Q4-2015, versus 26 percent in Q4-2014.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"aligncenter size-full wp-image-10685\" src=\"http:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2016\/02\/Q4BizChanges.png\" alt=\"Q4BizChanges\" width=\"609\" height=\"315\" srcset=\"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2016\/02\/Q4BizChanges.png 609w, https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/post\/2016\/02\/Q4BizChanges-300x155.png 300w\" sizes=\"auto, (max-width: 609px) 100vw, 609px\" \/><\/p>\n<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-2245574287\"><div id=\"pwtor-1429958528\"><div align=\"center\" data-freestar-ad=\"__336x280\" id=\"pwtorchcom_medrec_3\">\r\n  <script data-cfasync=\"false\" type=\"text\/javascript\">\r\n    freestar.config.enabled_slots.push({ placementName: \"pwtorchcom_medrec_3\", slotId: \"pwtorchcom_medrec_3\" });\r\n  <\/script>\r\n<\/div>\r\n\r\nTHANK YOU FOR VISITING<\/div><\/div>","protected":false},"excerpt":{"rendered":"<div class=\"mh-excerpt\"><p>WWE Fourth Quarter 2015 Business Break Down &#8211; Total Revenue:\u00a0$166.2 million, up 18 percent from $140.5 million in Q4-2014. Adjusted Business Profit was $11.1 million, doubling $5.1 million in Q4-2014 during the Network ramp-up phase. <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2016\/02\/11\/wweq42015bizbreakdown\/\" title=\"WWE EARNINGS &#8211; Fourth Quarter Business Break Down (Revenue &#038; Profit\/Loss), Top Revenue Drivers, more\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":505,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"episode_type":"","audio_file":"","podmotor_file_id":"","podmotor_episode_id":"","cover_image":"","cover_image_id":"","duration":"","filesize":"","filesize_raw":"","date_recorded":"","explicit":"","block":"","itunes_episode_number":"","itunes_title":"","itunes_season_number":"","itunes_episode_type":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[3],"tags":[71,1710,689,1714],"class_list":["post-10634","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news_wwe","tag-wwe","tag-wwe-earnings","tag-wwe-financials","tag-wwe-q42015"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/2015\/10\/WWEStudios3x2-e1461135408508.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/10634","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/comments?post=10634"}],"version-history":[{"count":3,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/10634\/revisions"}],"predecessor-version":[{"id":10687,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/10634\/revisions\/10687"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/505"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=10634"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=10634"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=10634"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}