Vince McMahon Comments On WWE’s 2nd Quarter Financial Results



vince-mcmahon2

WWE released its 2013 second quarter financial results earlier this morning. Here are some of the key points:

* Revenues totaled $152.3 million, up from $141.6 million last year in the same quarter
* Operating income totaled $8.8 million (down from $19.6 million last year)

WWE Chairman Vince McMahon commented on the financial results in a press release:

“In the second quarter, we continued to make investments in both staffing and talent to support our long-term growth objectives. These initiatives, including the recent opening of a world-class performance training facility, and the highest grossing WrestleMania in our Company’s history, demonstrate our commitment to develop our talent, build our brands, and provide a solid foundation for future growth”

“We continue to believe that these investments will enhance our ability to create new programs and to distribute all of our content in a way that optimizes its value, through the renewal of key television contracts and the potential launch of a WWE network.”



Recent Posts

Two Possible Gimmick Matches At SummerSlam, Brie Bella vs. Stephanie Latest, Tag Team Titles

Two Possible Gimmick Matches At SummerSlam, Brie Bella vs. Stephanie Latest, Tag Team Titles

Word came out this weekend that Stephanie McMahon vs. Brie Bella may actually take place at Night of...

Dean Ambrose Talks About Sting Working With WWE, Kenta Coming In, Working With Triple H

Dean Ambrose Talks About Sting Working With WWE, Kenta Coming In, Working With Triple H

WWE Superstar Dean Ambrose recently spoke with Brett Buchanan for rock news site AlternativeNation.n...

Bret Hart Saves Chris Jericho From The Wyatts, Emma’s Trainer Backstage, WWE Promoting TMNT

Bret Hart Saves Chris Jericho From The Wyatts, Emma's Trainer Backstage, WWE Promoting TMNT

- Bret Hart worked Saturday night's WWE live event in Calgary, Alberta, Canada. He came out after th...

What Was Discussed At Dixie Carter’s Meeting Last Week, Former TNA Star Debuts New Gimmick

What Was Discussed At Dixie Carter's Meeting Last Week, Former TNA Star Debuts New Gimmick

- Regarding TNA and Spike TV, it was said that Dixie Carter did not tell the staff anything about th...

Confirmed For Tonight’s WWE Raw: John Cena Returns, Cesaro In The Authority?, Brie Bella

Confirmed For Tonight's WWE Raw: John Cena Returns, Cesaro In The Authority?, Brie Bella

Tonight's WWE RAW takes place from the Toyota Center in Houston, Texas. No matches have been announc...