By Ciaran James@TheCiaranJames

  • Revenues increased 31% to $281.6 million, which was the highest quarterly revenue in WWE history
  • Operating income nearly doubled to $21.2 million from $10.7 million in the prior year quarter
  • Adjusted OIBDA1 increased 79% to $43.5 million
  • WWE completed agreements with USA Network and Fox Sports, effective October 1, 2019, which increase the average annual value (AAV) of WWE’s U.S. distribution to 3.6 times that of the prior deal with NBCU
  • WWE Network average paid subscribers2 increased 10% to 1.80 million paid subscribers, consistent with the Company’s guidance
  • Digital engagement continued to grow through the first six months of 2018 with video views up 58% to 14.4 billion and hours consumed up 71% to 509 million across digital and social media platforms3

 

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