WWE Financials: Digital Media Rises 15 Percent

WWE saw revenues from Digital Media businesses increase 15% to $8.6 million as compared to $7.5 million in the prior year quarter.

WWE.com revenues increased 19% to $5.7 million in the quarter due to higher sales of advertising and digital content, including the Company’s pay-per-view events, across various digital platforms. Supporting the growth in advertising, key digital metrics such as unique visitors to the Company’s website and mobile app, average monthly page views, and CPMs (a measure of pricing) increased from the prior year quarter. The Company launched digital distribution of its pay-per-view events on the Microsoft Xbox Live on the Xbox 360 in April 2013 and on the Sony Entertainment Network on PlayStation 3 in August 2013.

WWEShop revenues increased to $2.9 million in the quarter as compared to $2.7 million in the prior year quarter based on an 11% increase in the volume of online merchandise sales to approximately 59,800 orders. The average revenue per order increased 2% to $48.87 in the current year quarter.

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