world wrestling entertain-a (WWE) Key Developments
World Wrestling Entertainment Inc. Appoints Blake Bilstad as Senior Vice President, General Counsel & Secretary
Jun 25 15
World Wrestling Entertainment Inc. announced the appointment of Blake Bilstad as senior vice president, general counsel & secretary. Bilstad will be a key member of WWE's senior leadership team and report directly to WWE chairman & CEO Vince McMahon. As General Counsel, Bilstad will be responsible for overseeing the legal and business affairs of the company and serving as the principal legal advisor to the chairman, chief strategy & financial officer, and management team. He will also serve as corporate secretary to WWE's board of directors. Bilstad brings nearly 20 years of experience as general counsel in digital media, internet, e-commerce and emerging technology companies. Prior to joining WWE, Bilstad was general counsel and senior vice president, legal & public affairs at provide commerce, where he spent more than 10 years overseeing all legal matters and public affairs.
World Wrestling Entertainment Inc. Presents at Bernstein Global Future of Media & Telecom Summit, Jun-24-2015 09:20 AM
Jun 16 15
World Wrestling Entertainment Inc. Presents at Bernstein Global Future of Media & Telecom Summit, Jun-24-2015 09:20 AM. Venue: Taj Boston, 15 Arlington Street, Boston, MA 02116, United States. Speakers: George A. Barrios, Chief Strategy and Financial Officer.
World Wrestling Entertainment Inc. Presents at Bank of America Merrill Lynch Global Telecom & Media Conference, Jun-02-2015 09:20 AM
Jun 1 15
World Wrestling Entertainment Inc. Presents at Bank of America Merrill Lynch Global Telecom & Media Conference, Jun-02-2015 09:20 AM. Venue: London, United Kingdom. Speakers: George A. Barrios, Chief Strategy and Financial Officer.
WWE Announces Unaudited Consolidated Financial Results for First Quarter Ended March 31, 2015; Provides Earnings Guidance for the Year 2015
Apr 30 15
WWE announced unaudited consolidated financial results for its first quarter ended March 31, 2015. For the quarter, the company net income of $9.8 million, or $0.13 per basic and diluted share, compared to a net loss of $8.0 million, or $0.11 per basic and diluted share, in the first quarter last year. Net Revenue was $176.2 million against $125.6 million a year ago. Operating income was $15.1 million against operating loss of $12.2 million a year ago. Income before income taxes was $14.5 million against loss before income taxes of $12.5 million a year ago. Net cash provided by operating activities was $14.3 million against net cash used in operating activities of $9.4 million a year ago. Purchases of property and equipment and other assets was $5.7 million against $4.2 million a year ago. OIBDA was $21.0 million against $7.2 million a year ago.
In 2015, the company expects year-over-year adjusted OIBDA growth in every quarter, with growth driven by the performance of WWE Network, the contractual escalation of television rights fees, and continued innovation across all of the company's businesses.
World Wrestling Entertainment Inc. Presents at The Benchmark Company, LLC OneonOne Investor Conference, May-28-2015
Apr 29 15
World Wrestling Entertainment Inc. Presents at The Benchmark Company, LLC OneonOne Investor Conference, May-28-2015 . Venue: The Pfister Hotel, 424 E. Wisconsin Avenue, Milwaukee, Wisconsin, United States.