The WWE announced its 3rd Quarter ratings on Thursday as it reported a net loss of $5.9 million ($0.08 a share) compared to net income of $2.4 million ($0.03 a share) from the third quarter in 2013. The big news is that the WWE Network has not picked up subscribers as projected and now a […]
financial
TV deals aid UFC financials in PPV decline
MMA Fighting reports that the UFC’s television deals are why the UFC has withstood down PPV numbers. As previously reported by the Sports Business Journal and reflected in its latest S&P report, a combination of the television contracts and expansion overseas are seen as positive revenue drivers for the company. In Dave Meltzer’s piece, he […]
WWE reports 2014 Q1 Earnings
The Wrestling Post: WWE Earnings for Q2
Welcome to another edition of The Wrestling Post. This time we take a look at the WWE earnings call for its second quarter. The WWE did not meet Wall Street’s forecasts but delivered a profit. For the quarter ending June 30, 2013, total revenues for the WWE increased $10.7 million up 8% from this time […]
Mayweather tops list of highest paid American Athletes
Sports Illustrated released its list of highest paid American athletes for 2012 and Floyd Mayweather topped the list. Just working two nights to make the list, Mayweather made $85 million without any endorsement money. Mayweather won by a big margin over Phil Mickelson ($60,763,488 with $57,000,000 in endorsement money) and Tiger Woods (($56,440,238 with $54,500,000 […]