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WWE Live Blog: Q4 Earnings Conference Call

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World Wrestling Entertainment, Inc. (NYSE: WWE) reported earnings on Thursday morning. Below is a live blog of the company's Q4 conference call.

11:48:00am: WWE conference call concludes.

11:42:11am: McMahon: "It's like the people who watch" and are mad [when their favorite doesn't win]. They come back.

11:42:11am: McMahon: "It's like the people who watch" and are mad [when their favorite doesn't win]. They come back.

11:40:12am: McMahon on Superfans: They're "good for WWE."

11:37:12am: Viewership will depend on distribution [internationally], "you can't lose sight of almost 4B video views on YouTube...we're trained to think about distribution on TV...the data reflects the opportunity" WWE has.

11:33:55am: VOD is "of real strategic importance to the network...the value of the network will keep growing as this grows"

11:25:55am: "We were surprised at how quickly WWE adoption happened in the UK"

11:23:21am: In 2015 we expected y/y adjusted EBITDA growth in every quarter, due to WWE network, TV rights and "continued innovation"

11:21:21am: App has 17M downloads, "pretty amazing statistics"

11:20:15am: YouTube consumption of $WWE content increased 80%, more views than the NBA, MLB and ESPN

11:11:15am:WWE Network will be available nationally in Canada before this year's Wrestlemania.

11:10:22am: Almost overnight, UK and Ireland became the second largest market globally when it was launched.

11:08:15am: Subscriber growth was 17 percentage points above previous quarter, 70% of free signups were active in January.

11:08:15am: Video on-demand library now has more than 2,700 hours of content.

11:07:15am: McMahon: Engagement is very high..."We have new content" coming. "The network is our biggest long-term growth driver."/p>

11:05:15am: McMahon: We have the No. 1 YouTube sports channel.

11:05:15am: McMahon: 2% for Raw, 3% for Smackdown.

09:18:15am: WWE Beats Estimates, Shares Rise

February 11: 10 Things To Look For In WWE's Earnings Report

Posted-In: Earnings News

 

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