Date: 2 months ago   Category: Sport

The annual profit of WWE grew three times — to $99.6 million — Rambler News Service


The net profit of the American promotion company World Wrestling Entertainment (WWE) following the results of 2018 was $99.6%, having increased three times in comparison with last year, follows from the reporting of the company. Annual revenues of WWE grew by 16.1% to $930.2 million. Sales of paid subscriptions grew by 4.5% to $199.3 million, sales of content to other channels — for 10.4% to $269.8 million, advertizing revenues and sponsors during broadcastings — for 34.4% to $69.6 million. The booking WWE program in North America brought the companies of $105.4 million that is 5.9% higher than last year's income from tickets. At the same time sales of tickets abroad decreased by 29.6% — to $22.3 million. Advertizing and sponsor's activation during the actions grew by 5% to $2.1 million. During trading Thursday of the stock WWE rise in price for 2.22% up to $81.53 for paper as of 18:34 Moscow time. The WWE company is engaged in organization of events on professional wrestling, is founded in 1952. In 1999 the company carried out the IPO at the New York Stock Exchange.

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