Showing posts with label Million. Show all posts
Showing posts with label Million. Show all posts

Wednesday, May 28, 2014

Forbes: McMahon Has Lost $750 Million In 2 Months

There have been many stories floating around about how much money Vince McMahon has lost from the stock drop. We first noted that Vince had lost about $842 million since just before WrestleMania. Forbes is reporting today that Vince has lost $750 million in just the past two months. I am not sure if that's an updated number from before or if those numbers don't include what he lost before WrestleMania. Regardless, that is a huge chunk of money to lose. 

Also read: ?How Much Money Has Vince McMahon Lost This Year?

Vince will be fine though since he's still worth over $700 million. As we noted, Vince is not phased by how much money he's lost but he has not been happy with reports of the stock drop and media outlets reporting about how much he's lost.

Author link: CM Punk called "pathetic" for "tattling" to his girlfriend

Tuesday, May 20, 2014

Early WWE Total Divas #'s, Vince McMahon's $350 Million Loss

-- This week's episode of Total Divas on E! scored 1.313 million viewers. The show finished with a 0.6 rating in the 18-49 demographic, which is an increase from last week.

-- Yahoo! Sports' The Post Game has published a story on Vince McMahon's $350 million loss in one day last week.

-- Variety has a report on WWE's conference call yesterday over the stock drop and their new TV deal with NBC Universal.

Friday, February 21, 2014

WWE Q4 Financials: WWE Breaks $500 Million In R...

According to the WWE financials that were released today, here is how the company performed overall for the year 2013…

Total revenues for the year ended December 31, 2013 were $508.0 million as compared to $484.0 million in the prior year. Operating income for the current year was $5.9 million versus $43.2 million in the prior year. Net income was $2.8 million, or $0.04 per share, as compared to $31.4 million, or $0.42 per share, in the prior year. OIBDA was $30.4 million for the current year as compared to $63.2 million in the prior year. Excluding items that impacted comparability on a year-over-year basis, Adjusted Operating income was $14.2 million compared to $44.4 million in the prior year, Adjusted OIBDA was $38.7 million as compared to $64.4 million and Adjusted Net income was $8.2 million, or $0.11 per share, compared to $28.1 million, or $0.38 per share, in the prior year.

WWE Q4 Financials: WWE Studios Earns $5 Million...

According to the WWE financials that were released today, here is how the WWE Studios division performed…

WWE Studios recognized revenue of $5.0 million as compared to revenue of $0.6 million in the prior year quarter primarily due to the performance and timing of results from the Company's portfolio of movies. The fourth quarter 2013 reflected revenue from Christmas Bounty, a made-for-TV movie that aired in November 2013, and to a lesser extent, revenue from The Call (starring Halle Berry), which was released theatrically in March 2013. Although four movies were released during 2012, these releases had limited impact on revenue recognized in the fourth quarter of that year. WWE Studios' movie portfolio generated income of $0.1 million in the quarter compared to a loss of $1.2 million in the prior year quarter, which included $0.5 million in film impairment charges. Excluding the impact of film impairment charges, the WWE Studios' movie portfolio contributed to essentially break-even results in the current year as compared to a loss of $0.7 million in the prior year quarter.