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Pay-per-views take the biggest financial hit since Network’s arrival

The pay-per-view numbers show the biggest change in revenue ever since the WWE Network came in play as PPV buy rates dropped big time with more people taking advantage of the Network’s $9.99 a month price versus the $50+ for

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WWE revenues by region and segments for Q2 2014

The following are the revenues by region and business segment which were released in today’s financial report. Network revenues including money generated from WWE Network, PPV, and VOD increased 13% to $43.3 million; WWE Network generated $19.4 million in subscription

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WWE announces Q2 2014 financial results

WWE today announced financial results for its second quarter ended June 30, 2014. For the quarter, the Company reported a Net loss of $14.5 million compared to Net income of $5.2 million in the second quarter last year. “WWE’s core

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WWE’s big financial day tomorrow: will Wall Street lay the smackdown again?

It’s a big day for WWE tomorrow as the company will be announcing the financial results for the second quarter of 2014 with majority of the focus this time around being on the actual number of subscribers that the WWE

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WWE to report 2014 Q2 results on July 31

WWE today announced that it will report its 2014 second quarter results on Thursday, July 31, 2014, before the opening of the market. Chairman and CEO Vince McMahon and Chief Strategy & Financial Officer George Barrios will host the conference

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WWE cutting budget across the board to soften losses

PWTorch.com is reporting that WWE also gave the pink slip to one of its creative writers, Jay Gibson, this past weekend. Gibson made his name by being one of the main writers on The Young and the Restless soap opera,

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Another law firm investigating WWE over possible fraud

Another law firm is now investigating possible securities fraud claims against WWE resulting from inaccurate statements the company made regarding its business practices, financial statements and prospects. Ademi & O’Reilly, LLP, joins another law firm the law firm, Kahn Swick

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WWE stocks go even lower following conference call with investors

Today’s conference call with investors didn’t do anything to alleviate any fears regarding the company and Wall Street responded by driving the stock even lower than Friday, ending the day at 10.96, another 2.75% drop. While both McMahon and Barrios

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Investment company calls for replacement of WWE’s executive management

Lemelson Capital has announced that they bought a stake in WWE at the new low price and is calling the Board of Directors to replace the executive management team of the company following losses and misstatements. “WWE has affirmed that

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McMahon and Barrios to face investors on Monday in conference call

WWE will be doing some damage control on Monday, May 19, as Chairman and CEO Vince McMahon along with Chief Strategy and Financial Officer George Barrios will face the wrath of investors during a conference call beginning at 11:00AM EST.

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Investors bodyslam WWE in early trading

Investors punished WWE big time today as stocks fell almost 50% as soon as the trading day started on Wall Street, losing over $9 from their price. At time of this writing, trading was at $10.73. Analysts have also voiced

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WWE stocks down almost 24% following WWE press release

WWE stocks took a massive beating on Wall Street in after hours trading yesterday after the company announced its press release that it has reached a new deal with NBC Universal to keep all WWE shows on USA Network, SyFy,

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Q1 2014 revenue for each WWE department

Five of the eight money-making departments within WWE registered an increase in revenue when compared to the same quarter of last year. The five winners are WWE Network and pay-per-view which saw an increase of 15% to $18.4 million from

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WWE announces Q1 2014 earning results

WWE today announced financial results for its first quarter ended March 31, 2014. For the quarter, the Company reported a Net loss of $8.0 million compared to Net income of $3.0 million in the first quarter last year. The decline

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The Shareholders Foundation investigating WWE and officers over violations

The Shareholders Foundation issued a press release today announcing that an investigation on behalf of investors of WWE over potential securities law violations and on certain directors and officers in connection of financial statements has been launched. The investigation by

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WWE to report Q1 2014 results on May 1

WWE will be reporting its 2014 first quarter results on Thursday, May 1, 2014, before the opening of the market. WWE CEO and Chairman Vince McMahon and Chief Strategy & Financial Officer George Barrios will host a conference call beginning

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WWE stocks take a tumble this week on Wall Street

WWE stocks took a major smackdown this week, losing $10 per share over a period of five days, starting on Monday with an ugly 15% drop after WWE released their initial WWE Network subscribers count. Stocks closed the week today

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WWE stocks take a massive beating on Wall Street

WWE stocks took one hell of a beating on Wall Street today after they announced the WWE Network subscribers count, obviously falling behind Wall Street’s expectations. Stocks opened the day at $27 and went down to $21.73 before going back

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WWE stocks hits $30 during trading day

WWE stocks went even higher today, hitting the $30 mark during the trading day before closing Thursday at $29.80 a piece. The $29.80 closing resulted in a 9.96% increase over yesterday, putting a market cap on WWE of $2.04 billion.

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WWE hits 14 year high on Wall Street today

WWE smashed its 14 year high on Wall Street today, closing the day at 26.23, a whooping 13.06% increase over yesterday’s closing. At the end of the day, WWE stocks added $3.03 during the whole trading day and in after-hours

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