The WWE announced results for its first quarter for 2013 on Thursday via conference call. The WWE’s revenues were flat from last year thanks to the film business. There is no word on the launch of the WWE Network although it spent $500,000 on it in the first quarter. The WWE revenues were up modestly […]
financial
Rovell calls out White on UFC numbers
ESPN Business Reporter and UFC head Dana White went back and forth on twitter on the state of UFC business. The UFC drew the scrutiny of ESPN business reporter Darren Rovell. If you didn’t know, Rovell covers the business of sports and is as active on twitter as Dana White. Rovell sent a tweet out […]
RYU bows out of UFC sponsorship
RYU formally announced that it is no longer a sponsor of the UFC. In its recent Form 10K (page 5) filed this April, it stated that it no longer will cater to the MMA Marketplace. Despite an initial positive outlook for the company, it failed to find an adequate financial return on its investment in […]
The Wrestling Post – WWE Q4 Earnings
On Thursday, the WWE released its earnings report for the end of the year for 2012. While Q4 turned a profit, the bigger news was that it anticipates that the company could double or triple its 2012 earnings by 2015 with the aid of the WWE Network. One big asterisk with the earnings bonanza. The […]
WWE Network: estimated price between $12.99-$14.99
The WWE announced on Thursday the anticipated price point for its yet-to-be launched WWE Network. The WWE has set the monthly charge between $12.99 and $14.99 although no debut date was announced. The WWE has decided to pursue a premium subscription model similar to HBO and Showtime in which subscribers will pay a monthly charge for […]