wrestling / News

WWE Q3 News: Live Events Revenue Increases 10 Percent

October 27, 2016 | Posted by Larry Csonka
John Cena

– WWE announced today in their Q3 financial report that live event revenues increased 10% to $28.6 million. This was primarily due to the staging of 5 additional international events. Here are more details from the report…

* There were 82 total events (excluding NXT) in the current quarter, including 71 events in North America and 11 events in international markets, as compared to 85 events in the prior year quarter, including 79 events in North America and 6 in international markets.

* North American live event revenues of $21.0 million were essentially unchanged from the prior year quarter as increases in average attendance and ticket prices were offset by the impact of eight fewer events. Average attendance increased 4% to 5,300, and the average effective ticket price increased 3% to $50.51.

* International live event revenue increased 56% to $7.0 million from $4.5 million in the prior year quarter primarily due to the impact of five additional events. Average attendance declined 8% to 8,200 and average effective ticket prices declined 15% to $72.13, attributable, in part, to changes in the mix of territories.

article topics :

WWE, Larry Csonka