Notes from WWE’s 3rd quarter conference call: WWE Network, TV deals, Female success
WWE released its third quarter financial results earlier today. Here are notes from today’s conference call.
– WWE quarterly earnings calls starts off with Vince McMahon noting record OIBDA of $40 million for Q3
– Vince’s “things of that nature” count off to good start
– McMahon notes the recent signings of Shadia Bseiso and Kavita Devi – however, he couldn’t remember their names
– They are going over their major TV deals that expire in 2019 with NBC Universal (U.S.), Sky (U.K.) and TEN Sports (India)
– They are expecting to announce new U.S. deal between May-Sept 2018
– George Barrios wouldn’t answer question regarding whether or not they are currently in an exclusive negotiating period with NBC
– Barrios: “Raw and Smackdown have have proven to be pretty powerful when it comes to engagement”
– Barrios suggests that the WWE Network could be moving to a tiered system for subscribers
– 35% of the WWE roster is now female
(thanks to Live Audio Wrestling for the tidbits)