WWE Financials: Lack Of New US TV Deal

In today’s first quarter 2014 financials report, George Barrios, Chief Strategy & Financial Officer for WWE commented on the company’s lack of announcement for a new US TV deal. Here is what he had to say…

“Regarding our TV licensing agreements, we are continuing to negotiate with potential distribution partners in the U.S. and India. Over the past several years, we have invested in people, content and technology, and we continue to believe the successful execution of our key initiatives could potentially result in doubling or tripling our 2012 OIBDA results to a range of $125 million to $190 million by 2015. We will provide more information and further guidance for 2014 and 2015 as appropriate.”

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