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

Ricardo Rodriguez Reveals What Led To His WWE Departure, Triple H Calling Him A Name, Alberto Del Rio, More

Ricardo Rodriguez Reveals What Led To His WWE Departure, Triple H Calling Him A Name, Alberto Del Rio, More

- Former WWE star Ricardo Rodriguez recently spoke with Doug Mortman and Dave Lagreca on Busted Open...

Full WWE Network Schedule For Thursday: New NXT & Superstars Episodes, Total Divas, More

Full WWE Network Schedule For Thursday: New NXT & Superstars Episodes, Total Divas, More

Check out the full schedule for Thursday, day 222 of the WWE Network launch: 12:00 am ET - WCW Mo...

Title Change On Impact, TNA Knockouts Main Event This Week, Team 3D’s Message For The Wolves

Title Change On Impact, TNA Knockouts Main Event This Week, Team 3D's Message For The Wolves

- Havok defeated Gail Kim on Wednesday night's episode of Impact Wrestling to become the new Knockou...

Video Highlights From Impact Wrestling (10/1/14): Eric Young vs. Ethan Carter III & More
TNA Impact Wrestling Results – October 1, 2014

TNA Impact Wrestling Results - October 1, 2014

The show opens with a video putting over Bobby Lashley and Bobby Roode, and then we go to Roode, who...