WWE Q3 Financials: The Media Division Increases

WWE reported their Q3 Financials this morning, and revealed that revenues from the Company’s Media division increased to $114.9 million from $76.9 million driven by the escalation and timing of television rights fees and the growth of WWE Network.

WWE Network revenue increased 57%, up to $40.9 million. WWE Network revenue increased to $36.4 million from $22.4 million in the prior year quarter based on a 62% year-over-year increase in average paid subscribers to 1,173,000. WWE Network had approximately 1,306,000 total subscribers at September 30, 2015 as compared to 1,227,000 total subscribers at June 30, 2015 and 731,000 total subscribers at September 30, 2014.

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