{"id":1920,"date":"2015-10-29T08:00:42","date_gmt":"2015-10-29T13:00:42","guid":{"rendered":"http:\/\/www.pwtorch.com\/?p=1920"},"modified":"2015-10-29T14:38:49","modified_gmt":"2015-10-29T19:38:49","slug":"wwe-q3-financials-quarterly-performance-overview","status":"publish","type":"post","link":"https:\/\/www.pwtorch.com\/site\/2015\/10\/29\/wwe-q3-financials-quarterly-performance-overview\/","title":{"rendered":"WWE Q3 FINANCIALS &#8211; Quarterly Overview &#038; Official PPV Buys"},"content":{"rendered":"<div id=\"pwtor-2770139483\" 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>WWE released\u00a0Third Quarter 2015 earnings (July through September) on Thursday. The following is a <a href=\"http:\/\/finance.yahoo.com\/news\/wwe-reports-strong-third-quarter-123000621.html\" target=\"_blank\">break down of WWE&#8217;s report and key business figures<\/a>.<\/p>\n<p><span style=\"text-decoration: underline;\"><b>Quarterly Overview<\/b><\/span><\/p>\n<p>WWE reported quarterly revenue of $166.2 million, up from $120.2 million in the same quarter in 2014. WWE attributed the revenue increase to increased TV Rights Revenue from their new TV deals kicking in, plus the ramp-up of WWE Network compared to this same point last year.<\/p>\n<p>The big leap is captured by the Media Division drawing $114.9 million, compared to $76.9 million in Q3-2014.<\/p>\n<p>WWE also generated nearly $5.0 million in additional Live Event revenue,\u00a0which is attributable to the additional Summerslam weekend event &#8211; NXT: Brooklyn &#8211; and six total additional events in North America.<\/p>\n<p>The overall result is WWE realized Net Income of $10.4 million, compared to a Net Loss of $5.9 million in Q3-2014 during the initial Network period when start-up costs exceeded revenue.<\/p>\n<p>&#8211; Despite the positive overall signs, the stock marketed with a sell-off in pre-market trading on Thursday morning. This appears to be due to WWE Network subscriptions being sluggish from Q2 to Q3 despite\u00a0the tentpole event, Summerslam.<\/p>\n<p>Total paid subscribers at the end of Q3 was 1.233 million, compared to 1.156 million at the end of Q2.<\/p><div id=\"pwtor-1541753608\" 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<p>Only five percent of the increase came from the domestic market, which is still below the 1.0 million mark\u00a0at 990,000. The remaining increase came from the international ramp-up.<\/p>\n<p>Also, the Network&#8217;s\u00a0average paid subscribers was up and down compared to last quarter&#8217;s figures. (<a href=\"http:\/\/www.pwtorch.com\/index.php\/2015\/10\/29\/wwe-q3-latest-wwe-network-count-full-break-down-of-network-biz-future\/\">Full Network Break Down<\/a>)<\/p>\n<p><span style=\"text-decoration: underline;\"><b>Official PPV Buys<\/b><\/span><\/p>\n<p>WWE released official PPV buy totals for events in the quarter. Overall, the segment generated $4.5 million in revenue.<\/p>\n<p>PPVs drew 278,000 buys for the three events, only down slightly from 294,000 comparable buys in Q3-2014. (More flashcard demonstrations to follow on TV!)<\/p>\n<p>&#8211; Battleground drew 80,000 buys, compared to 99,000 in 2014 during the initial Network ramp-up.<\/p>\n<p>&#8211; Summerslam drew 121,000 buys, compared to 147,000 in 2014 during the ramp-up.<\/p>\n<p>&#8211; Night of Champions drew 77,000 buys, compared to 48,000 last year. This is likely due to the attraction of Sting challenging for the WWE Title.<\/p><div id=\"pwtor-738842223\" 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<div class=\"pwtor-end-article-groups pwtor-entity-placement\" id=\"pwtor-3419471363\"><div id=\"pwtor-1824743667\"><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 released\u00a0Third Quarter 2015 earnings (July through September) on Thursday. The following is a break down of WWE&#8217;s report and key business figures. Quarterly Overview WWE reported quarterly revenue of $166.2 million, up from $120.2 <a class=\"mh-excerpt-more\" href=\"https:\/\/www.pwtorch.com\/site\/2015\/10\/29\/wwe-q3-financials-quarterly-performance-overview\/\" title=\"WWE Q3 FINANCIALS &#8211; Quarterly Overview &#038; Official PPV Buys\">[&#8230;]<\/a><\/p>\n<\/div>","protected":false},"author":2,"featured_media":1239,"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":[697,698,142,71,689,696],"class_list":["post-1920","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news_wwe","tag-battleground","tag-night-of-champions","tag-summerslam","tag-wwe","tag-wwe-financials","tag-wwe-q3-2015"],"jetpack_featured_media_url":"https:\/\/www.pwtorch.com\/site\/wp-content\/uploads\/2015\/10\/WWELogo_3x2.jpg","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/1920","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=1920"}],"version-history":[{"count":4,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/1920\/revisions"}],"predecessor-version":[{"id":1934,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/posts\/1920\/revisions\/1934"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media\/1239"}],"wp:attachment":[{"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/media?parent=1920"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/categories?post=1920"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.pwtorch.com\/site\/wp-json\/wp\/v2\/tags?post=1920"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}