According to the WWE financials that were released today, here is how the WWE Studios division performed…
WWE Studios recognized revenue of $5.0 million as compared to revenue of $0.6 million in the prior year quarter primarily due to the performance and timing of results from the Company’s portfolio of movies. The fourth quarter 2013 reflected revenue from Christmas Bounty, a made-for-TV movie that aired in November 2013, and to a lesser extent, revenue from The Call (starring Halle Berry), which was released theatrically in March 2013. Although four movies were released during 2012, these releases had limited impact on revenue recognized in the fourth quarter of that year. WWE Studios’ movie portfolio generated income of $0.1 million in the quarter compared to a loss of $1.2 million in the prior year quarter, which included $0.5 million in film impairment charges. Excluding the impact of film impairment charges, the WWE Studios’ movie portfolio contributed to essentially break-even results in the current year as compared to a loss of $0.7 million in the prior year quarter.
Update on Planned Matches for WWE WrestleMania 42
WWE: Stephanie Vaquer vs. Raquel Rodriguez Set for 3/16 WWE RAW Show, Roxanne Perez’s Benign Mass Surgery & Recovery Update, Judge Rules for Dr. Carlon Colker’s Defamation Case Against Janel Grant’s Attorney Will Continue
Various: Zack Sabre Jr. Set for GCW Josh Barnett’s Bloodsport XV, Candice Michelle on Being Hopeful Her New Backstage Agent Role in TNA Leads To Her Making In-Ring Return In Company, Indies/Misc.
