WWE profit: 1999: 68.900.000+ 2015: 21.400.000+

They're probably never going to see down years ever again thanks to the network.

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>>2896563

>>2896563
yeah plus just imagine that in 1999, while WWE was making almost 70 millions, WCW was dying

Adjusted for inflation, they made over $100 million in profit in 1999.

WWMeme is dying.

Bb-but r-record revenue

Based Record High Revenue Big Dog

Can anyone tell me what's the difference between revenue, profit, operating income and all that shit?

>>2896591
www.google.com

>>2896591
12+

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>>2896558

http://corporate.wwe.com/investors/sec-and-other-documents/financials

>Full Year 2016 Highlights
>Revenue increased 11% to $729.2 million, the highest in the Company’s history, including record levels of revenue from its Network, Television, Live Event, Venue Merchandise, and WWE Shop segments
>Total international revenue increased by 11% to a record $189.3 million
>Operating income increased 44% to $55.7 million and Adjusted OIBDA3 increased 17% to $80.1 million, with both measures within the relevant range of Company guidance

>>2896558
>WWE expenses in 1999: a projector and a big sheet for the titan tron
>WWE expenses in 2015: literally billions with wrestlemania, monthly PPVs with sets made of high-dpi displays, 2 weekly shows, brock lesnar's multi-million dollar contract, network production content, network maintenance, an entire network of employees that could form a medium sized country, and countless other expenses
learn business before you try to criticize how a business is running you fucking monkey

>>2896620
>literally billions with WrestleMania
>the entire company doesn't even have 1 billion revenue

wrestling isn't mainstream anymore, there is literally nothing they can do to change that, it's an outcast and frowned upon by normal people.

>>2896620
They went into too much LED-everything in my opinion. Even the fucking ring posts and aprons have screens on them.

>>2896633
>it's an outcast and frowned upon by normal people.
Only in Burgerstan. Other places don't have the same autistic shame-culture surrounding wrestling.

>>2896558
Now do inflation

>>2896624
>cuts off the entire rest of the sentence following WrestleMania

>>2896620
>literally billions with wrestlemania
no
>2 weekly shows
they had that too in 1999 since april
>i'm sure the rock and austin had huge contracts as well
>an entire network of employees that could form a medium sized country
wwe's numbers of employees is 800, not even enough for a village
> network production content, network maintenance
shouldn't have launched the network then

>>2896646
India doesn't count Pajeet.

>>2896655
profit is not the end game when you're a public company you fucking faggot

>>2896659
seething

>>2896655
>since April

Smackdown wasn't weekly until months later

>>2896661
brainlet

>>2896591
t.brainlet

>>2896658
It's considered embarrassing to be a Wrestling fan in places like Mumbai

>>2896658
>I only know one country

>>2896751
>oh no its mystery 3rd world shithole poster

>>2896755
>there's a superior continent below North America
But you proved you lack intelligence so go back to reading jpegs from KYM or whatever your herd throws at you

>>2896773
>le intellectually superior chilean

this is a new meme

OK so the biggest wrestling company made loads of money during the biggest wrestling boom in history, whats your point?

>>2896563
Network has already plateaued far below expectations.

>>2896659
>profit is not the end game of a business

You fucking idiot.

>>2896558
Meanwhile WWE refuses to even disclose 2016's profit

>>2897075
the funny thing is that theyve made the fans comfortable with paying 10 dollars a month for 2 ppvs
if they went back to the old way nobody would buy actual 60 dollar ppvs

>>2897075
>You fucking idiot.
t. someone who has never been involved in a business in their life
revenue and brand awareness are FAR more important than profit in publicly traded companies.

>>2897229
>brand awareness

kek

>revenue

KEK

The goal of a business is to MAKE MONEY.

>>2896591
Revenue is total money you've made. Profit is revenue minus the money you've spent to generate that revenue.

If I buy a lemon for $1, and sell it to you for $5, my revenue is $5 but my profit is $4.

>>2896558
>>>2896558
>
>http://corporate.wwe.com/investors/sec-and-other-documents/financials
>
>>Full Year 2016 Highlights
>>Revenue increased 11% to $729.2 million, the highest in the Company’s history, including record levels of revenue from its Network, Television, Live Event, Venue Merchandise, and WWE Shop segments
>>Total international revenue increased by 11% to a record $189.3 million
>>Operating income increased 44% to $55.7 million and Adjusted OIBDA3 increased 17% to $80.1 million, with both measures within the relevant range of Company guidance

>>2897262
until it goes public at which point the profit isn't their problem anymore you absolute mong

>>2897312
>He's pretending to know what going public entails

>>2897331
>he's pretending to know what anything related to business entails because meltzer tells him their attendance is down

>>2897345
>Meltz outta nowhere

The figures are in the OP.

>>2896773
South America is a pile of shit funded by drug cartels and dictators.

>>2897463
why dont you fucking morons understand that regardless of what they spend, higher revenue still means more money is coming in
what they do with it is their business but they are getting more money coming into them than ever before you stupid fucks

>>2897471
Spending more to make less profit

>>2897476
They could spend it on a fucking airline if they want. They've still got that amount of money coming in.

>>2897476
Spending more to cover the cost of network, which is their own (they have more power over the content they can put on there), uploading that old tapes of all the stuff from the past. Building their own facilities.
Making secondary Youtube channels with their own staff.
Doing PR across the world, be it Make-A-Wish in US, charity work in UK, having people AT ONE TIME in Australia, Singapur, Japan, UK, Brazil and India (and I am talking about people who have to travel there, be given accomodation, translators and guides and so on) with multiple media events and so on.

They maybe have less profit at the end of the year, but they are spending wisely (mostly, there is some bad money thrown after good money) and getting bigger.

>>2896614
>he thinks revenue and profit are the same thing. SAD!

>>2897463

How does he know their profit of 2017 when they haven't even published their 2nd quarter report yet?

>>2897463
Neat. Can we have the EBIT of WWE?

>>2897550
>spending wisely
>12 millon dollars on Lesnar.

>>2897580
>12 millon dollars on Lesnar.

They "only" paid him like 8-10 though

>>2897593
>12 millon dollars on Lesnar.
https://www.forbes.com/sites/chrissmith/2017/03/31/brock-lesnar-john-cena-lead-the-list-of-wwes-highest-paid-wrestlers/#15d004c55cd3

>>2897599
>actually linking to forbes
newfags please go

>>2896620
If their profitability had improved or even remained the same you might have a point. As it stands they are spending more and more money on things which aren't generating more revenue.

>>2897599

a) those are rough estimates at best

b) it includes his UFC money and according to the article he got even less from WWE, since they estimated his UFC income to at 6.5 million, leaving 5.5 from the WWE.

>>2897471
If I buy 1 billion dollars worth of stock right now and sell it for one billion turning no profit, my business is successful? They might have a load of money coming in but most of it is what they have already invested/spent/lost.

>>2896591

Revenue = Total Income (merchandise, toys, licensing, dvds, video game, tv deal, tours, house shows, ads, interest, WWE network subs, Youtube, Wwe movies..)

Costs = Total Costs ( Salaries, overhead, production, sets, venue rental, benefits, NXT, Triple H WMania entrance, Pyro, capital, Equipment, property, debts, taxes, )

Net profit$$$ = Total Income - Total Cost

Net profit = Distributed to shareholders, Capex, investment for growth, paying off debt or retained...

WWE revenue is higher but its irrelevant nett income is lower. They are having a harder time generating returns.

>>2896591
18+

>>2897463
He pulled that 2017 figure out of his ass. It'll be even lower than that lmao

>>2897651
you're not a publicly traded company retard
if you could spin yourself spending a billion dollars for a net gain of 0 to investors some how then yeah you could consider it successful

>>2896558
>>2896558
Most people posting here weren't born in 1999

>>2896646
This. Wrestling is actually getting popular in places like Western Europe and China.

>>2897229

That's one of the MANY reasons why publicly traded companies are cancer.

>>2897779

But all this means is that being public allows them to fucking scam and manipulate people in to thinking that they are worth more than reality. It doesn't make it any better at all. A drug dealer making a profit is still a fucking drug dealer, and eventually, yo ass gettin sacked.

>>2897954
>>2897968
why ya redditspacing faggots
what ya hiding

>t. Never ran a business

Profit means fuck all. As long as it's not a loss. You're not a startup. Revenue is everything.

>>2897279
>>2897661
Actually revenue is only money made from normal operating activities. For WWE this is all the things you would imagine.

Operating income refers to those plus capital gains on things such as sale of land, increase of brand worth or collecting a previous debt.

So yes, revenue is all the money WWE makes but it's not really at the same time.

>>2898071
Absolutely wrong. Why would you even type this? To defend WWE being less succesful?

Start ups would aim to just break even or take minimal losses. Even with losses, a nice revenue stream for a start up means they can attract the attention of banks and investors.

WWE and other established corporations are looking for the maximum profit. Walmart doesn't give a fuck about anything but that final profit margin which is why they cut corners and order in bulk.

>>2898071
Revenue doesn't mean shit for shareholders. You don't get dividends out of revenue.

>>2898105

Operating income isnt seperate you moron.

Operating income = Gross profit less operating expenses. YOUR FUCKING EBIT.

Revenue is all the money you make, then the cost of sales is subtracted to get gross profit then subtract OPERATING EXPENSES (depreciation/amortozation) to get EBIT, then subtract interest and taxes for net profit

Net profit is important! Profit & profit ratios determines business health, cash flows, capex and GROWTH potential.

Without profit its only a matter of time before you are no longer a going concern.

>>2898071

>Profit means fuck all

How long does a loss making company last?

>>2898148
ask amazon, they've never turned a profit

>>2896558
>Profits for NJPW $39,000,000+ in 2016

>you now remember that vince sunk all the attitude era profits into the xfl
>the xfl

>>2898160
sauce

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>>2896558
B-BUT MUH REVENUES!

>>2896558
1999 main event scene:
>Austin
>Rock
>Triple H
>Undertaker
>Mankind

2015 main event scene:
>Roman Reigns
>Seth Rollins
>Bray Wyatt
>Dean Ambrose
>Brock Lesnar

>>2898251
I think the real number is like 4 mil or something. Weeb wrestling generates about as much TR as WWE does profit, they're not even fucking close.

>>2898602
>uses weeb
>is on an anime imageboard created by a literal weeb
the state of this pleb

>>2898602
The company that owns NJPW is private and does not have to disclose their financials so I think this is most likely.

>>2896558
21 millions so low when you think about how much work they put into it and the fact that it has two weekly tv shows.

They really should fire some of the talent tbqh

>>2898618
They made 4.1 million $ in 2016 to make the revenue 3.7 billion yen, which is 32.6 million $

>>2898158
>>2898148
Holy shit BTFO

And the post you were quoting literally says "As long as it's not a loss"