WWE UPS PROJECTED WWE NETWORK SUBSCRIBERS FOR 4TH QUARTER 2016
- 12/12/2016 (6:22:57 pm)
- Bob Mulrenin
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Specifically, the Company announced that it expects at least 1.40 million average paid subscribers to WWE Network for the fourth quarter 2016. The Company reaffirmed its projections for fourth quarter Adjusted OIBDA of approximately $20 million to $24 million (Operating income of $12 million to $16 million). For the full year, the Company anticipates 2016 Adjusted OIBDA of $80 million to $84 million (Operating income of $54 million to $58 million) and average paid subscribers to WWE Network of approximately 1.42 million representing growth of 25% for the full year.
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http://corporate.wwe.com/news/company-news/2016/12-12-2016-2
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