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
Michael John Luisi
President - WWE Studios
Paul Levesque
Executive Vice President - Talent, Live Events & Creative, Director
Casey Collins
Executive Vice President - Consumer Products
Blake T. Bilstad
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 nine months ended 30 September 2018, World Wrestling Entertainment, Inc. revenues increased 12% to $657.7M. Net income increased from $27.8M to $58.4M. Revenues reflect Media segment increase from $121.2M to $478.1M, Consumer Products segment increase of 99% to $69.8M. Net income benefited from Other Expenses increase from $107K (expense) to $3.4M (income), Depreciation and amortization decrease of 3% to $19.1M (expense).
Employees: 850 as of Dec 31, 2017
Reporting Currency: U.S. Dollars
Enterprise value: $6,214M as of Sep 30, 2018
Annual revenue (TTM): $869.26M as of Sep 30, 2018
EBITDA (TTM): $168.72M as of Sep 30, 2018
Net annual income (TTM): $74.47M as of Sep 30, 2018
Free cash flow (TTM): $111.47M as of Sep 30, 2018
Net Debt Last Fiscal Year: N/A
Shares outstanding: 78,024,849 as of Oct 23, 2018
Index Membership: S&P 400 Mid Cap
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization