With the Q1 2018 financial results, WWE has changed the way it reports the revenues by business segments, combining all previous nine departments in three: Media, Live Events, and Consumer Products.
Media, which incorporates Network, television rights, advertising, and other, did $133.4 million, an increase of 10% from the same quarter in 2017. WWE Network had $46.8 million in revenue, which also includes pay-per-view, TV rights were $65.5 million, advertising was $12.2 million and another $8.9 million were registered in the other category.
Live event revenues declined 4% to $30.8 million from $32.1 million, mainly due to less tickets sold at the Royal Rumble since last year it was in a stadium.
Consumer products division recorded $23.5 million, down from the $35.1 million from the prior year quarter. Licensing was $9.3 million, WWE Shop and other eCommerce merchandise was $8.4 million, while merchandise sold at venues during live events was $5.8 million.
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