World Wrestling Entertainment, Inc. (N:WWE)

Business Focus: Entertainment Production

Sector:  Consumer Cyclicals Industry:  Entertainment Production
See Regulatory Filings on SEC
Company Contact
Address: 1241 E Main St
Tel: N/A
IR: See website
Key People
Vincent K. McMahon
Chairman of the Board, Chief Executive Officer, Co-Founder
George A. Barrios
Co-President, Director
Michelle D. Wilson
Co-President, Director
Paul Levesque
Executive Vice President - Talent, Live Events & Creative, Director
Brian M. Nurse
Senior Vice President, General Counsel, Secretary
Stephanie McMahon
Chief Brand Officer, Director
Kevin Dunn
Executive Producer & Chief Global Television Production
Business Overview
World Wrestling Entertainment, Inc. (WWE) is an integrated media and entertainment company. The Company's segments are Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, WWE Studios, and Corporate and Other. The Company is engaged in the production and distribution of content through various channels, including its WWE Network, television rights agreements, pay-per-view event programming, live events, feature films, licensing of various WWE themed products, and the sale of consumer products featuring its brands. Its Network, Television, Home Entertainment and Digital Media are individual segments that comprise the Media Division. Its Live Events, Licensing, Venue Merchandise and WWEShop are individual segments that comprise the Consumer Products Division. Its Network segment consists of subscriptions to WWE Network. The Company's Television segment consists of television rights fees and advertising.
Financial Overview
For the six months ended 30 June 2019, World Wrestling Entertainment, Inc. revenues decreased 4% to $451.3M. Net income decreased 92% to $2M. Revenues reflect a decrease in demand for the Company's products and services due to unfavorable market conditions. Net income also reflects Interest Exp-Net of Capitalized Interest increase of 4% to $332.8M (expense), General and administrative expenses increase of 7% to $47.9M (expense).
Employees: 915 as of Dec 31, 2018
Reporting Currency: U.S. Dollars
Enterprise value: $5,725M as of Jun 30, 2019
Annual revenue (TTM): $912.15M as of Jun 30, 2019
EBITDA (TTM): $162.30M as of Jun 30, 2019
Net annual income (TTM): $76.70M as of Jun 30, 2019
Free cash flow (TTM): $14.88M as of Jun 30, 2019
Net Debt Last Fiscal Year: N/A
Shares outstanding: 78,036,845 as of Jun 30, 2019
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization