WWE Chief Brand Officer Stephanie McMahon and WWE Chief Financial Officer George A. Barrios participated in a presentation at the 17th Annual Needham Growth Conference for investors in New York City yesterday.
You can view a visual presentation from the conference here, and listen to the conference here (registration required). Below are some highlights from the event:
– Monday Night RAW averages 4.6 million viewers a week and WWE SmackDown averages 3.0 million
– WWE Television rights fees have increased from $78 million in 2004 to $171 million as of September 2014. It was mentioned that all TV deals run through at least 2018, and WWE’s annual revenue is expected to increase by $100 million by 2018.
– In addition to television production, social media and live event successes were both promoted, including a live event revenue rising from $62 million to $114 million.
– WWE Network is also looking into launching the WWE Network in Italy, Germany, India, Japan, China, Thailand, Malaysia and the United Arab Emirates in the next few years. There are 98 million ‘WWE broadband homes’ in the world, and if they can get 3 or 4 percent to subscribe, the WWE Network could potentially have 3-4 million active subscribers.
