World Wrestling Entertainment, Inc.

News and overview for World Wrestling Entertainment, Inc.

WWE Reports 2009 Third Quarter Results [Press Release]
Business Wire | 15 days 22 hours 26 minutes ago
World Wrestling Entertainment, Inc. (NYSE:WWE) today announced financial results for its third quarter ended September 30, 2009. Revenues totaled $111.3 million as compared to $108.8 million in the prior year quarter. Operating income was $14.5 million as compared to $7.9 million in the prior year quarter. Net income was $8.9 million, or $0.12 per share, as compared to $5.3 million, or $0.07 per share, in the prior year quarter.


WWE and USA Network Announce Long Term Deal [Press Release]
Business Wire | 4 days 17 hours 11 minutes ago
World Wrestling Entertainment® and USA Network today announced a four-year renewal agreement that will keep ratings juggernaut WWE MONDAY NIGHT RAW® on the network through fall 2014. WWE MONDAY NIGHT RAW, a cable mainstay for more than 16 years, continues to be one of the most watched regularly scheduled programs on ad-supported cable television, contributing to USA’s status as the number one cable network.


WWE(R) and USA Network Announce Long Term Deal [Press Release]
PRNewswire | 4 days 10 hours 30 minutes ago
...global audience. World Wrestling Entertainment, Inc., a publicly traded...Additional information on World Wrestling Entertainment, Inc. can be found at corporate...exclusive property of World Wrestling Entertainment, Inc. and its subsidiaries...


World Wrestling Entertainment posts 60 percent jump in 3rd-qtr profit as overseas sales gain
Sun (Baltimore), The | 15 days 18 hours 11 minutes ago
World Wrestling Entertainment Inc. on Thursday said its third-quarter profit rose 69 percent, boosted by higher live event revenue, especially from overseas.


World Wrestling Entertainment posts 60 percent jump in 3rd-qtr profit as overseas sales gain -- South Florida Sun-Sentinel.com
Sun-Sentinel (Fort Lauderdale, Fla.) | 15 days 18 hours 46 minutes ago
STAMFORD, Conn. (AP) — World Wrestling Entertainment Inc. on Thursday said its third-quarter profit rose 69 percent, boosted by higher live event revenue, especially from overseas.


World Wrestling 3Q profit up on overseas gains
Yahoo! | 15 days 17 hours 58 minutes ago
STAMFORD, Conn. – World Wrestling Entertainment Inc. on Thursday said its third-quarter profit rose 69 percent, boosted by higher live event revenue, especially from overseas.


World Wrestling Entertainment, Inc. Declares Quarterly Dividend [Press Release]
Business Wire | 21 days 12 hours 44 minutes ago
World Wrestling Entertainment, Inc. (NYSE:WWE) today declared the Company’s regular quarterly dividend of $0.36 per share on its Class A shares of common stock. As previously announced, members of the McMahon family have waived $0.12 per share of the dividends. As a result, all Class A and Class B shares owned by the McMahon family will instead receive dividends in the amount of $0.24 per share. The record date for the dividend will be December 15, 2009, and the payment date will be December ...


WWE, Inc. Announces 2009-12 Business Outlook [Press Release]
Business Wire | 15 days 22 hours 26 minutes ago
World Wrestling Entertainment, Inc. (NYSE:WWE) today issued a revised business outlook, targeting average annual earnings growth between 15% to 20% over the 2009 through 2012 period.1 The revised outlook is based on a comprehensive review of the Company’s operations.


Dennis Miller to Host WWE Slammy Awards [Press Release]
Business Wire | 14 days 20 hours 15 minutes ago
World Wrestling Entertainment® announced today that comedian and radio talk show host Dennis Miller will host the 2009 Slammy® Awards during a special three-hour presentation of Monday Night Raw® live December 14 at 8:00 PM ET / 7:00 PM CT on USA Network from the American Bank Center in Corpus Christi, TX.


WrestleMania Tickets on Sale This Saturday [Press Release]
Business Wire | 16 days 16 hours 42 minutes ago
World Wrestling Entertainment® has announced that tickets for its annual global pop culture extravaganza, WrestleMania XXVI, will go on sale this Saturday, November 7 at 10 AM MT. WrestleMania XXVI will take place Sunday, March 28, 2010 at the University of Phoenix Stadium in Glendale, AZ.


World Wrestling Entertainment, Inc. to Report 2009 Third Quarter Results [Press Release]
Business Wire | 37 days 12 hours 21 minutes ago
World Wrestling Entertainment, Inc. (NYSE:WWE) announced that it will report its 2009 third quarter results on Thursday, November 5, 2009, before the opening of the market. The Company’s chairman, Vincent K. McMahon, and senior management will host a conference call beginning at 11:00 a.m. ET to discuss the results.


WrestleMania Makes Close to $50 Million for Host City [Press Release]
Business Wire | 25 days 21 hours 22 minutes ago
World Wrestling Entertainment® announced today that The 25th Anniversary of WrestleMania generated a $49.8 million dollar economic windfall for the greater Houston area, according to a study conducted by the Enigma Research Corporation. Despite one of the biggest economic downturns in recent history, local and state governments collected $5.7 million in taxes. This follows the $51.5 million of economic impact WrestleMania XXIV brought to Orlando.


Your Superstar, Your Moves and Your Story; It s Your World Now with WWE SmackDown vs. Raw 2010 [Press Release]
Business Wire | 32 days 1 hour 56 minutes ago
THQ Inc. (NASDAQ: THQI) and JAKKS Pacific, Inc. (NASDAQ: JAKK) today announced that WWE® SmackDown® vs. Raw® 2010, the latest edition to the distinguished fighting videogame franchise, is now available at North American retailers for the Xbox 360® video game and entertainment system from Microsoft, PlayStation®3 computer entertainment system, PlayStation®2 computer entertainment system, PSP® (PlayStation®Portable) system, Wii™ video game system and Nintendo DS™.


THQ Announces Extension of WWE Renewal Notice Deadline to December 31, 2009 [Press Release]
Business Wire | 24 days 2 hours 11 minutes ago
THQ Inc. (NASDAQ: THQI) today announced that it has been notified by World Wrestling Entertainment, Inc. (“WWE”) that the WWE has extended the renewal notice deadline for the videogame license held by the joint venture between THQ and JAKKS Pacific, Inc. to December 31, 2009. The renewal would extend the license through December 31, 2014.


Shane McMahon to Depart WWE [Press Release]
Business Wire | 35 days 23 hours 56 minutes ago
Shane McMahon, Executive Vice President of Global Media, announced today he has tendered his resignation effective January 1, 2010.





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Company Overview


Company: World Wrestling Entertainment, Inc.
Industry: Entertainment
Website: http://corporate.wwe.com

The action might be fake, but the business of World Wrestling Entertainment (WWE) is very real. The company is a leading producer and promoter of wrestling matches for TV and live audiences, with more than 300 live events each year, including more than 70 international matches. Its TV programming includes Monday Night Raw, a top US cable program on USA Network, ECW: Extreme Championship Wrestling on Syfy, and Friday Night SmackDown! on the MyNetworkTV. WWE also produces about 15 pay-per-view programs, licenses characters for merchandise, and sells videos and DVDs showcasing more than 150 wrestling stars such as Batista, Rey Mysterio, Triple H, and The Undertaker.


Key Numbers

Sales in U.S. Dollars (mil.) 526.5 (2008)
One-year % Growth in Sales 8.4 (2008)
Net Income in U.S. Dollars (mil.) 45.4 (2008)
One-year % Growth in Net Income -12.9 (2008)
Number of Employees 564 (2008)
One-year % Growth in Number of Employees -1.1 (2008)
Fiscal Year-End December