WWE Reports Strong Fourth-Quarter 2016 Results; $194 million

(contd)

> STAMFORD, Conn.--(BUSINESS WIRE)-- WWE (NYSE:WWE) today announced financial results for its fourth quarter and year ended December 31, 2016. For the quarter, the Company reported Net income of $8.0 million, or $0.10 per share, as compared to a Net loss of $1.2 million, or a $0.02 loss per share, in the prior year quarter. Operating income increased to $13.9 million from an Operating loss of $1.5 million. Excluding items affecting comparability, Adjusted OIBDA increased to $20.5 million from $11.1 million.

> "During the past year, we continued to successfully execute our content strategy, which resulted in significant operational achievements and generated record revenue. We grew WWE Network to an average of more than 1.5 million subscribers, attracted record attendance of 101,763 fans at WrestleMania, and strengthened the global reach of our television programs, completing distribution deals in China, Australia, Germany and Spain, among other countries," said WWE Chairman & CEO Vince McMahon. "The increased engagement with our brands across multiple platforms provides a foundation for achieving our 2017 and long-term financial objectives."

Q1 2017 Business Outlook:

> For Q1 2017, the Company projects Operating income of $16 million to $20 million and Adjusted OIBDA3 of approximately $23 million to $27 million. Additionally, the Company projects average paid subscribers to WWE Network of 1.48 million (+/- 2%). The Q1 2017 subscriber forecast represents an approximate 15% year-over-year increase from the Q1 2016, and a sequential quarter increase of 5% from the fourth quarter 2016. The Company's first quarter 2017 subscriber guidance is based on WWE Network's subscriber performance in January.

> As of January 31, 2017, WWE Network had 1.5 million ending paid subscribers including 1.1 million ending paid U.S. subscribers and 0.4 million ending paid international subscribers, which represent growth of 15% and 27% respectively, from January 31, 2016.

>>2251046
Who gives a fuck?

(contd)

2017 Outlook:

> In 2017, WWE management expects the Company to achieve another year of record revenue and has targeted Operating income of $70 million and Adjusted OIBDA of $100 million, which would be an all-time record (up approximately 25% from 2016 Adjusted OIBDA of $80.1 million).

> Supporting the continued growth in the Company's revenue and profits, management anticipates contractual increases in television rights fees from key distribution agreements and expects the level of WWE Network subscribers will continue to increase, albeit at a lower rate, on a year-over-year basis. As management believes there is a significant long-term growth opportunity for WWE, the Company plans to continue to invest in key areas, as reflected in operating expenses and capital expenditures, to optimize WWE's long-term performance while driving strong bottom line performance.

> Providing perspective on the growth of WWE Network and the Company's targeted profit expansion, Mr. Barrios reiterated previous comments, "Given the current scale and leverage of WWE Network, increases in its subscribers have the potential to drive meaningful growth in revenue and profit." Mr. Barrios added, "Based on anticipated subscriber growth, we believe we can achieve our targeted record financial results. In 2017, we will continue to evaluate our financial performance and to balance earnings growth with investments that could enable us to deliver a wider range of content, strengthen our engagement with a broadening audience, and support our continuing digital and direct-to-consumer transformation."

Comparability of Results :

> For the fourth quarter 2016, there were no material items that impacted the comparability of results on a year-over-year basis. For the fourth quarter 2015, Corporate and Other expense included a $7.1 million non-cash abandonment charge to write-off the value of costs related to a media center expansion project. These costs were incurred several years ago but the expansion was delayed and the Company determined that these plans would no longer be viable and deemed them abandoned.

>increased 17%

Based Big Dog is a huge draw. One of the biggest draws of all time

SMARKS ON SUICIDE WATCH

File: Roman_Reigns_bio.png (742KB, 900x506px) Image search: [Google]

742KB, 900x506px

BASED BIG DOG

>>2251050
This confirms Roman as a draw so everyone

>>2251050
> Anti-WWE smark SEETHING

File: 7mGgGae.jpg (148KB, 738x646px) Image search: [Google]

148KB, 738x646px

>>2251050

>>2251054
>>2251056
>One guy is responsible for revenue increase

Thank fucking god you guys are sitting on computers posting on this site and not working in the real world.

Let me point few things out - AJ Styles, New Day, Bella Twins, John Cena, Seth Rollins, Dean Ambrose, Finn Balor

Secondly they probably started building the new sets before Q4 last year

KFC, Snickers, Tapout and those other food brands sponsoring

File: rohappy.png (69KB, 306x386px) Image search: [Google]

69KB, 306x386px

>>2251046
BASED
BIG
DOG
WORKING
THE
REVENUE
TO
AN
ALL
TIME
HIGH

>>2251065
>I-IF RATINGS ARE LOW, IT'S ROMAN'S FAULT
>I-IF REVENUE IS HIGH, IT'S [these anti-draws (and BMJ's)] FAULTS

HAHAHA
ROMAN WINS BOYS

>>2251071
>>2251056
>>2251054
>If reddit hates something I will like it
>underage canadian trying to talk business

File: based roman.jpg (62KB, 600x600px) Image search: [Google]

62KB, 600x600px

>>2251073
>he thinks we give a fuck what reddit thinks
Nice try wewtist but /wwe/ liking Roman has nothing to do with anyone else's opinion. You see we encourage people to have their own opinion instead of pressuring them to like "smark favorites" like redditors do, which led to people dropping their prejudice and realizing how much of a hard worker he is.

File: w.jpg (630KB, 1504x1004px) Image search: [Google]

630KB, 1504x1004px

Don't worry guys, we will have wwe for a long time.

>>2251080
So much that one tripfag has to spam that fact every minute. He's a hardworker and I respect him but his on screen character is boring

is haitch a genius

does this prove that women are a draw

>>2251080
I've been here way longer than you. You came here mid of last year. You have admitted you used to post on /woo/ and Reddit

>>2251073
>>2251089
Worked by based big posts carter and based big revenue reigns

File: AJ Stylusu.gif (1MB, 400x224px) Image search: [Google]

1MB, 400x224px

>>2251056
>Implying it was Reigns instead of based Phenomenal One

>>2251080
>how much of a hard worker he is
I wouldn't go that far

>>2251093
I don't know who you think I am but /wwe/ came to /asp/ on November 2015

File: Roman bleebed.png (2MB, 1464x1048px) Image search: [Google]

2MB, 1464x1048px

IS THIS THE BIG DOG CELEBRATION THREAD?
AHHHHH YESSIR

>>2251096
>>Implying it was Reigns instead of based Phenomenal One

FUCKING WHO

>posters: 10
>replies: 20

congrats fedoramen, you're a total loser

File: vince-mcmahon.jpg (14KB, 455x304px) Image search: [Google]

14KB, 455x304px

APOLOGIZE

>>2251046
>R-roman is killing the biz
>Vi-vince don't want my greasy money
Neckbeards and outlaw fags BTFO

That's why Goldberg is winning the universal title.

File: laffpe.jpg (67KB, 540x534px) Image search: [Google]

67KB, 540x534px

>>2251107
>CARTER CRYING HIS MEMES BACKFIRED

>>2251108
I AM SORRY BASED VINCE
ROMAN IS A INARGUABLE SUCCESS
NXMEME BLOWN TO FUCKING SMITHEREENS
GAYTCH ON SUICIDE WATCH
SMARKS CURRENT STARING IN THE MIRRORS RE-EVALUATING THEIR LIVES

This Carter boogeyman has gone too far he's just a college student in Ontario who spends all day every day on here when he's on break

File: 1485774688370.png (527KB, 678x417px) Image search: [Google]

527KB, 678x417px

>consistent with company guidance
Or how you want to say fancily, "Our performance is acceptable by our own standard". And this is repeated at least three times

>revenue increased
Big fucking wow. No one gives a shit about your topline; profit is what important but I see no numbers about profit mentioned. No, ADJUSTED OIBDA is not profit especially with companies with huge tangible assets.

I have to give credit though for wwe for craftily redacting their financial reports, pajeets are eating them blindly

File: Roman BTFO by AJ.gif (2MB, 367x245px) Image search: [Google]

2MB, 367x245px

>>2251104
>Rocky couldn't get Roman over
>AJ couldn't get Roman over, and barely carried him to a good match
>BMJ couldn't get Roman over
>KO couldn't get Roman over
>Not even based Haitch, king of heels, could get Roman over

How do you live with yourself, Pajeet?

>>2251114
Basically Carter tries to call every Roman fan Carter in the hopes that people would turn on Roman

Luckily /wwe/ oldfags are too smart to fall for his bullshit

>>2251118
>based Haitch, king of heels

not even the best heel in the McMahon family

>>2251119
some newfags do fall for it though that's why you see so many people using the term fedoramen and hating on roman

File: 406zvFR.jpg (59KB, 644x593px) Image search: [Google]

59KB, 644x593px

>>2251118
>based Haitch

>>2251118
He's Canadian

>>2251046
Based KO
Based Roman
Based AJ

File: roman pyro.jpg (30KB, 480x360px) Image search: [Google]

30KB, 480x360px

>>2251118
>TRIGGERED AF

RECORD REVENUE REIGNS
HAHAHAHAHA

File: ROMAAAAAAAAAAAAAAAAAAAAAAAAAAN.jpg (41KB, 642x361px) Image search: [Google]

41KB, 642x361px

HOLY FUCK THE MEMES ARE TRUE
ROMAN IS A YUGE DRAW
>THE GUY DURING THE YEAR OF THE COMPANY'S HIGHEST ---EVER--- REVENUE
ROMAN IS LITERALLY THE BIGGEST DRAW OF ALL TIME
YAAAAAAAAAAAAAASS
DRAW KING
YASS
DRAW DRAW
DRAW

THANK YOU BASED ROMAN

THANK YOU BASED VINCE

ALL TIME HIGHS

>>2251148
>>2251147
>>2251143
>doesn't know how a public company works
This is why Canada and America have to import CEOs

>nothing hints that Roman is a darw

>fedoramen: look at my random numbers, Roman darww

>>2251155

>SEETHING

>>2251138
>Based KO
Lol nope. Reigns and AJ aren't drawing dimes with him, they're drawing dimes despite him

>>2251154
Roman debut Oct 2012 WWE stock price $7

Roman main face of company Feb 2016 WWE stock price...........$21

Roman single handedly tripled the price of the company he might be the most valuable wrestler of all time

>>2251172
I'd say Austin is just ahead of him based on merch sales and ratings but Roman is a close second for sure. But imagine Roman in the attitude era, ratings would be reaching 100.

>>2251175
Yeah but Roman main evented the two biggest WMs of all time back to back and brought the company record high revenue

Austin was alright and all but he's been surpassed #ahhhhyessir

File: dc621259c0b94f12938aed9230dd1a3c.png (55KB, 182x152px) Image search: [Google]

55KB, 182x152px

tfw the shows won't get any better because from a fiscal standpoint, they don't need to

>>2251172
>>2251175
ok this just proves it, liking fedoramen is a meme, there's no way someone can be this delusional

>TV deal is up in 2019
>Romanetty will drive ratings so low that USA won't renew
>Nobody else wants wrestling
>WWE is dead

Feels good.

File: d6DCz4m.jpg (77KB, 1366x768px) Image search: [Google]

77KB, 1366x768px

>>2251147
But Roman was dabbling in the midcard for the majority of the past year
The one new factor that's been added to the main event is...

>>2251189
>every single thread
dickreamer OBSESSED. No way you aren't a closet BBD fan too.

File: THE MACHO MEME.jpg (75KB, 1284x722px) Image search: [Google]

75KB, 1284x722px

If Macho Meme were alive today and he cut a cringey rap like that one time he did on Hogan (https://www.youtube.com/watch?v=dG7jTAGliyY) about Roman, it'd go like this....

THE BIG DOG (YEEEAH)
LIVIN IN YA HEAD
DRAWIN INFINITE DIMES YE SMARKS CAN GET BENT
IT'S THE BIG DOG (OH YEAAAH)
MAKIN VINCE CASH
MAKIN SMARKS SEETHE, WHIPPIN' OREOWENS' ASS
FORMERLY THE SHIELD NOW IT'S ONE VERSUS ALL
HE GRABBED THE BRASS RING NOW HE'S RUNNING WITH THE BALL
RECORD HIGH REVENUE IS WHAT REIGNS BRINGS
BOOSTING THE RATINGS WHILE FATTIES JUMP THROUGH RINGS
(repeat chorus)

Thoughts in the comments section below.

>>2251194
>main event
>cuckdown

kek they won in the ratings a total of one week, very sad

>>2251194
Raw outdrew smackdown though, mate. gg

>>2251172
You're forgetting Daniel Bryan in all of that, in 2014 the stock price was $31. There is alot more the plays a fucking factor in stock prices, it has nothing to do with the face of the company. There was a time AMC wanted to buy out the company, hence. Also The New Day

File: 15697887_10154909827384743_4458682300387548436_n.jpg (11KB, 221x225px) Image search: [Google]

11KB, 221x225px

>>2251206
I guess I shouldn't be talking anyways, I only watch the PPVs

>>2251192
>USA network ditching a show that does above 3.0 rating on average
>USA network ditching a show that does above 1,2 rating on average
>Still outdraws any show on the USA Network

>>2251213
my dad is a hedge fund manager at nintendo you have no idea what you are talking about clown

>>2251226
>making shit up
Nice try carter

Actually usa and wwe have a really good relationship and USA has stuck itself to wwe as a life raft because they have no other shows anyone watches anymore.

>The rest of the roster is so strong that they managed to overcome not only the anti-drawing revenue killing superpowers of Roman Reigns but the retarded old man booking of Vince McMahon.
Thank you, based WWE roster. Thank you so much.

You know who I think deserves the most credit for this? Asuka.

>>2251202
Incredible post.

>>2251192
Fact is, WWE is still by far the highest drawing thing on USA Network, which more than anything just speaks to what a joke cable TV is right now.

>>2251046
>the state of the smarks

File: images-1.jpg (6KB, 222x227px) Image search: [Google]

6KB, 222x227px

>>2251046
Based Ramen saving the entire company

>>2251046
>WWE Reports Strong Fourth-Quarter 2016 Results; $194 million revenue; 1.5 million Subscribers
>> WWE Network subscribers increased 14% from the fourth quarter 2015 to 1.41 million average paid subscribers over the fourth quarter 2016, consistent with the Company's guidance

So 1.41 is 1.5 now, huh?

Also, there target was 2 million paid subscribers in 2017 and there's absolutely no way they make that.

BASED BIG DOG IS A DRAW

>>2251090
The only women drawing are the bellas so cucked haitch is still cucked

>WWE shares +7.26% right now

That's a good pop

> He also mentioned fresh talent going from brand to brand, using Roman Reigns potentially jumping to SmackDown as an example. Vince said it's hard to create new stars with just one show and the brand split allows others to climb the ladder of success.
BIG DOG TO SQUASH BIG MEME JAHN WHEN

>operating income for the year increased 44 fucking percent to 55 million
>net income of 8 million for the quarter vs net loss of 1. 2 million in quarter 3 (jasethy and Deannetty btfo, proven antidraws)

BIG DOG IS THE BIGGEST DRAW OF ALL TIME

SMARKS CRYING
THEIR INDIE KEKS DON'T DRAW KEK

>>2251294
doesnt paige still move merch? she's from nxmeme

>>2251090
There are a few things that contributed,the woman main eventing somethings obviously did since when alexa was on smack main event the rating went up,on the same note AJ styles as champ was really the highlight of the last quarter of 2016 he proved as a big draw back at TNA(his heel turn killed TNA) and his feud with another big draw on john cena certainly helped,while people like 2 meme,the combinatios JeriKO+Roman+Braun+seth was proved a very lucrative,also cesaro and sheamus kinda made people care for the tag teams

>>2251391
How are the profits doing?

>>2251417
Translation:
None of that shit matters the big dog wins again

>>2251419
>the retard sub-20 iq Roman hating smark doesn't know what operating income is

Profits increased 44% to 55 million

Carter is going to stay up all night

Wow Owens and Jericho sure can draw dimes.

>>2251089
Why hasn't neetfag carter been banned yet? The shitposts about this fatty's fantasy life are unbearable enough

>>2251485
>reset IP, evade ban
Nobody can be banned on this site, unless they ban his internet provider/VPN

BASED BIG DAWG
BASED AJ
BASED BMJ
BASED LESNAR
BASED JEWBERG
BASED CROSSFIT JESUS
BASED SNEK

everyone else is an anti-draw

>>2251658
>owens stops Roman and Seth from getting the belt
>revenue goes up
Really makes you think

File: IMG_20161217_101019.jpg (26KB, 481x289px) Image search: [Google]

26KB, 481x289px

Roman drawing so much for this fucking company. Saving it from beyond the grave back when indie shitters CM Punk, Daniel Bryan, and Seth Rollins were killing the company. GOAT

>ITT: /asp/ tries to /biz/talk

>1.5 million subscribers after 3 years
Pathetic

I think Vince is the true draw for believing in the WWE network as a stand alone content provider. He was patient for a couple years when the WWE network was extremely shaky and is now reaping in the rewards with a good product that is worth 9.99 a month.

>>2251937
Is anyone surprised? Everytime they do a free month they end up extending it for like 3 more months. Then they even give away their largest ppv of the year away free like morons.

Its almost as bad as JBL with the signs
>If you actually pay 60 dollars for this ppv you're a chump! Pay 9.99 and be a winner!

they don't realize the Network isn't available in every part of the world so some people have to pay full price, then they call the people that do pay full price idiots. They really have no idea what they're doing.

>>2252361
No one keeps the network cause they realized all the old shows are all edited to shit. They'll buy a network for a ppv they want to watch. So instead of 50$ it's 10$ they make lol

>>2251907
Setting up the network is the main reason they lost money in 2014.

>>2251257
this 100%
People can shitpost all they want about the "ratings decline of WWE" in the past decade, but they're doing a HELL of a lot better than other syndicated weekly shows of the same era and recent times.

Cable T.V. is dying and WWE is happy to continue milking money from it until it's no longer profitable, then transition fully to the Network, or whatever streaming service is booming at the time.

Imagine how much better revenues would be if the product were great

>>2253161
they'd honestly not be as good as you'd want or think.

Wrestling is a niche market with a very particular audience. We're somewhere between reality t.v. watchers, MMA fans, and larpers. We watch not for fighting or drama, but dramatic fake-fighting, while still cheering and playing along, even though we know its fake. A lot of people can't deal with that kind of shit.

We're pretty much the last remaining "geek" hobby that hasn't gone mainstream. Just wait until Geek and Sundry or some other "famous" celebrity geek picks it up and pushes it at Comic Con. Then we'll get the boom you're talking about. But not the one you WANT.

>>2251046
Notice it's all about income and not profit, because they're horribly bloated with operating costs that eat into their profits.