The following are the revenues by region and business segment which were released in today’s financial report.
Network revenues including money generated from WWE Network, PPV, and VOD increased 13% to $43.3 million; WWE Network generated $19.4 million in subscription revenue from an average of 665,000 paid subscribers; TV revenues increased 13% to $43.8 million thanks to Total Divas and a few more increased contracts for existing shows; WWEShop.com revenues went up 33% to $4 million thanks mainly to increased international orders;
PPV revenue declined by 36% to $23.8 million due to many now getting the shows on the WWE Network; Home entertainment decreased to 5.4 million from $7.1 thanks to a 40% decline in units shipped; Digital media went down to $5.2 million from $7.4 mainly due to less money generated from PPV webcasts on WWE.COM since they are now on the WWE Network; Live event revenues decreased 3% to $40.3 million from $41.6 million; Licensing revenues were $5.5 million vs the $6.7 million due to lower sales and pricing of the WWE 2K14 video game; Venue merchandise also went down 6% to $6.5 million due to 7% decline in attendance at WWE live events; WWE Studios generated $1.7 million, down from $2.1 million.
Corporate and other expenses increased $8.4 million to $42 million from the prior year quarter thanks to sales, marketing, talent development costs, salaries, benefits, and other brand initiatives.
