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WWE updates investors on Network subs, new TV deal and attendance numbers

First McMahon Million Dollar Mania Winners Announced Photo by Will Ragozzino/Getty Images

Today (Oct. 26) the WWE held a conference call with investors to discuss their third quarter earnings report. On the call CEO Vince McMahon, chief strategy and financial officer George Barrios and chief revenue and marketing officer Michelle Wilson discussed every angle of WWE’s business over the past three months.

The corporate team also championed the fact that the third quarter of 2017, July 1 through September 30, was the best in the company’s history.

On cable TV, it was noted that the WWE’s current deal with the USA Network is up in September 2019. The company anticipates announcing a new TV deal between September 2018 and May 2019.

Whether, the WWE sticks with USA or moves up is still up in the air.

On social media the WWE also touts (umm, remember Tout?) growth across Twitter, Facebook and all other platforms.

When it comes to WWE Network subscriber numbers the streaming service continues to hold steady. The third quarter of 2017 netted an average of 1,507,000 paid subscribers. This number was up from the 1,444,000 paid of the third quarter in 2016.

In terms of live attendance for WWE events, the numbers were down both in the US and International. What the WWE lost in average they tried to make up for by increasing the total number of North America live events.

Each quarter of 2017 has seen the number of live events in North America go up. Great for the WWE but how does the increased number of live shows help or hurt the wrestlers working the physically (and mentally) demanding schedule?

(Source for all images corporate.wwe.com)

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