Mise à jour sur le lancement de WWE Network

WWE today announced financial results for its fourth quarter ended December 31, 2011. Revenues totaled $112.9 million as compared to $122.5 million in the prior year quarter. Operating loss was $13.1 million as compared to Operating income of $14.4 million in the prior year quarter. Net loss was $8.6 million as compared to Net income of $8.1 million in the prior year quarter. The losses were primarily due to film and network related expenses.

"Our fourth quarter and full year results were impacted primarily by three items: significant non-cash film impairment charges stemming from the weak performance of our movie releases, strategic decisions to withhold several hours of previously licensed television content for distribution on other platforms, and initial start-up operating expenses associated with our emerging content and distribution strategy," said WWE Chairman and CEO Vince McMahon.

You can read the full press release at http://corporate.wwe.com/documents/PressRelease_2.21.12_FINAL.pdf

WWE Studios charges and start-up costs for WWE Network left a nice dent in the WWE financials in the last quarter of 2011, rounding up a year of a less-than-stellar financial performance for the company.

In 4Q 2011, WWE had a $12.2 million in film impairment charges related to the films The Reunion, Bending the Rules, Barricade, See No Evil, Knucklehead and The Chaperone.

The planned WWE Network was always going to leave a hole financially just like any start-up. In the last quarter, WWE registered $4.0 million in expenses related to launching the network, which now is scheduled to go live in Fall 2012 rather than on the same day as WrestleMania as initially planned.

MjoLniR a écrit:

T'inquiètes pas va, si Vince le fait c'est qu'il a du bien compter ses sous avant et après. Je lui fais confiance sur tout ce qui est business au gars.

Après j'ai un peu peur d'un contenu au peu pauvre de la chaîne. Enfin limite osef c'est pas comme ci ça nous concernait les netteux .