WWE Q4 Results: WWE Network Helps Media Division See Growth
WWE posted their fourth quarter financial results today, and revealed that revenues from the Company’s Media division increased 19%, to $106.6 million, driven by the growth of WWE Network and the contractual escalation of television rights fees. Network revenues, which include revenue generated by WWE Network and PPV, increased 50% to $40.8 million. WWE Network revenue increased to $37.2 million from $23.3 million in the prior year quarter based on a 72% year-over-year increase in average
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