Fourth-Quarter 2016 Highlights

• Revenue increased 17% to $194.9 million as compared to the prior year quarter
• Operating income of $13.9 million and Adjusted OIBDA¹ of $20.5 million were in line with guidance
• WWE Network subscribers increased 14% from the fourth quarter 2015 to 1.41 million average paid subscribers over the fourth quarter 2016, consistent with the Company’s guidance
• The Company premiered new original content across platforms, including Total Bellas® (E! network), The Bella Twins® (YouTube channel), 205 Live™ and WWE Story Time™ (WWE Network)
• Announced new UK Championship Tournament to showcase local talent, which successfully engaged both attendees and network viewers in January 2017
• Announced SNICKERS® will once again serve as the exclusive presenting partner of WrestleMania® (April 2, 2017), which will be held at the Orlando Citrus Bowl and broadcast live globally on WWE Network
• WWE issued $215 million of convertible note financing to support the execution of the Company’s long-term growth strategy and for general corporate purposes²

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
• WWE Network subscribers watched a total of 294 million hours of content (up 15% from 256 million in 2015), yielding an average of 194 hours per household that places it among top cable and broadcast networks
• Digital engagement continued to grow with video views up 56% to more than 15.1 billion and social media engagements up 45% to 1.1 billion from the prior year⁴

^{Read the full release at the link below :}

http://corporate.wwe.com/investors/news/press-releases/2017/02-09-2017-133041348