While PPV PPV was on a down turn in the second quarter of 2013, WWE’s TV deals delivered once again. The TV revenues were up 17% in the quarter, which is due to the addition of WWE Main Event and the additional hour of Raw. The official details are below…
Television revenues increased 17% to $38.0 million from $32.4 million in the prior year quarter primarily due to the production and licensing of new programs. During the latter half of 2012, an additional hour of Raw was licensed to the USA Network, a new original series, the WWE Main Event, was licensed to ION Television, and a Saturday morning kids’ show, WWE Saturday Morning Slam, was introduced on The CW Network. Growth also reflected, to a lesser degree, contractual increases for our existing programs both domestically and internationally.
