WWE Reports Third Quarter Financials For 2019

WWE Reports Third Quarter Financials For 2019 WWE just sent out a press release containing the company’s 2019 Third Quarter Financial Report. The highlights start off with revenue being $2.1 million dollars down from last year’s quarter, but also touts the debut of SmackDown on Fox and NXT’s move to USA Network. The initial details are below: 10/31/2019 Third Quarter 2019 Highlights Revenues were $186.3 million as compared to $188.4 million in the prior year quarter Operating income was $6.4 million; Adjusted OIBDA1 was $25.4 million, which exceeded the Company’s guidance SmackDown debuted on Fox (Friday, Oct. 4) and averaged 3.9 million viewers during the premier telecast, up 221% versus the same time slot over the prior four weeks on Fox (9/6-9/27)2 Announced content distribution deal with USA Network to air NXT, expanding the reach of the new live, 2-hour show to further build WWE’s third global brand alongside Raw and SmackDown WWE Network averaged 1.51 million paid subscrib..

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