WWE Reveals Strong Earnings Report For Second Quarter Of 2020

Download App | Send News Tip | 2 Comments

2020 is a year that a lot of people would like to forget, but it will live on in history. A pandemic, protests, and other unforeseen issues created a turbulent atmosphere for WWE to steer through. Their 2nd quarter earnings report is out, and the company has a lot to be pleased about.

WWE boasted a strong earnings report as they had revenues of $224.4 million. They had $268.9 in the previous quarter, but that was also due to the timing of money from Saudi Arabian events coming in.

The company also had an operating income of $55.7 million compared to the $17.1 million in the prior quarter.

The company also boasted the free version of the WWE Network and its expanded library. Network subscribers declined 1.5% to 1.66 million subscribers. Paid subscribers went up 6% to 1.69 million.

The company’s digital content increased by 10% and eCommerce almost doubled to $12.6 million.

Ringside News Comment Policy

Our comment section is a place to share ideas in a public space with respect. Please read our Comment Policy before commenting.
Notify of
Newest Most Voted
Inline Feedbacks
View all comments

You may also like...

Would love your thoughts, please comment.x