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World Wrestling Entertainment (WWE) Company Profile

Updated Sep 9, 2019
World Wrestling Entertainment has the following business profile:
Company's Full Name:World Wrestling Entertainment, Inc.
Short Name:World Wrestling Entertainment
Trading Ticker Symbol:WWE
Primary Exchange:NYSE
Headquarter City/Country:Connecticut, CT
Primary Industry Sector:Consumer Services
Seconday Sub-sector:Movies Entertainment
Main Business Areas: Consumer Services, Movies Entertainment, Consumer Cyclical, Media
Dividend Payments:Dividend History

Market and Trading Information for World Wrestling Entertainment

The following details were available for trading and market data about the stock of World Wrestling Entertainment as of writing:
Current Share Price:$70.39
Previous Year's Closing Price:$74.72
Percentage Price Change (YTD):-5.79%
Market Cap:$5.38 billion
52-week Price Range:$58.5 - $100.45
Dividend Per Share:$0.48
EPS (TTM):0.83
Price-Earnings (Trailing):84.4
Price-Earnings (Forward):23.39

Company Profile and Business Description for World Wrestling Entertainment

World Wrestling Entertainment, Inc. (WWE), incorporated on July 28, 1987, is an integrated media and entertainment company. The Company's segments are Network, Television, Home Entertainment, Digital Media, Live Events, Licensing, Venue Merchandise, WWEShop, WWE Studios, and Corporate and Other. The Company is engaged in the production and distribution of content through various channels, including its WWE Network, television rights agreements, pay-per-view event programming, live events, feature films, licensing of various WWE themed products, and the sale of consumer products featuring its brands. Its Network, Television, Home Entertainment and Digital Media are individual segments that comprise the Media Division. Its Live Events, Licensing, Venue Merchandise and WWEShop are individual segments that comprise the Consumer Products Division.

Network

The Company's Network segment consists of subscriptions to WWE Network. Its subscription-based network is available in various international markets, including the United Kingdom, Canada, the Middle East and Ireland. Subscribers can access its WWE's live pay-per-view events, original programming and over 7,000 hours of its video-on-demand library. Its monthly marquis pay-per-view events include WrestleMania, and the access to original content and live specials. WWE Network content includes original programming, including Holy Foley, Swerved and WWE Story Time; exclusive live in-ring specials, including its broadcasts of WWE Roadblock, Cruiserweight Classic and 205 Live, and its live NXT Takeover specials, among others.

The Company's WWE Network is available on desktops and laptops through WWE.com, WWE Application on Amazon Fire Television and Kindle Fire devices, Android devices, iPhone operating system (iOS) devices, Apple Television, Roku streaming devices, gaming consoles, interconnected Televisions, Blu-Ray players, Smart Televisions, TiVo and Windows 10. As of December 31, 2016, WWE Network had 1,403,000 subscribers.

Television

The Company's Television segment consists of television rights fees and advertising. As of December 31, 2016, the Company produced five hours of original weekly domestic television programming, which include RAW and SmackDown. It also produces reality shows and other programming. Its television programming is distributed domestically and internationally. Its domestic television programs are RAW on USA Network with replays on NBC Universo and Uni HD; SmackDown with replays on NBC Universo, and Total Divas and Total Bellas on E! Network. RAW is a three-hour live primetime program.

Home Entertainment

The Company's Home Entertainment segment consists of sales of WWE produced content through home entertainment platforms, including digital versatile disc (DVD), Blu-Ray, and subscription and transactional on-demand outlets. WWE distributes its home entertainment content in both physical (DVD and Blu-Ray) and digital formats. Its content distributed through home entertainment channels includes themed compilations from the Company's archives, as well as releases of the Company's pay-per-view events. WWE's home entertainment titles are sold through retailers, such as Wal-Mart and Best Buy, and through digital outlets, such as iTunes, Amazon and others. Outside the United States, third-party licensees distribute its home entertainment releases.

Digital Media

The Company's Digital Media segment consists of advertising sales on its Websites and third-party Websites, including YouTube, and sales of various broadband and mobile content. WWE wallpapers, ringtones, voicetones, games and videos are available through its mobile partnerships. The Company has language-based Websites allowing its users to experience WWE in their native language with a concentration on local events and shows. The available languages are English, Mandarin, French, German, Polish and Arabic.

Live Events

The Company's Live Events segment consists of ticket sales and travel packages for live events. During fiscal year ended December 31, 2016, the Company produced 280 live events (excluding its NXT developmental division) throughout North America and 64 live events (excluding NXT) internationally. These events are spread over various international tours throughout Europe, the Middle East, Asia, Latin America and Australia.

Licensing

The Company's Licensing segment consists of royalties or license fees related to various WWE themed products, such as video games, toys and apparel. Its WWE branded video games include WWE 2K, which is available on PlayStation and XBOX platforms, and on iOS and Android devices, and WWE SuperCard, which is available on iOS and Android devices. Its WWE 2K and WWE SuperCard video games can be downloaded through the Internet and also contain downloadable content that can be purchased to add additional characters and game modes. In addition to its own composed music, it licenses music performed by artists.

Venue Merchandise

The Company's Venue Merchandise segment consists of sales of merchandise at its live events. The Company's Venue Merchandise business consists of the design, sourcing, marketing and distribution of various WWE-branded products, such as t-shirts, belts, caps and other novelty items. These items are offered for sale at its live events.

WWEShop

The Company's WWEShop segment consists of sales of merchandise on its Website through its WWEShop Internet storefront. WWE merchandise is also distributed on other e-commerce platforms, including Amazon.

WWE Studios

The Company's WWEShop segment is engaged in investing, producing and distributing of filmed entertainment. It produces and distributes filmed entertainment content, which include movies for theatrical, home entertainment and television release.

The Company competes with Amazon, CBS, ESPN, HBO, MLB, Hulu, Netflix, NFL Network, Nickelodeon, Showtime and YouTube.

1241 E Main St

Peer / Competitor Companies of Movies Entertainment Sector

Along with World Wrestling Entertainment, Inc., the following other peer (competitor) companies also exist within the same Movies Entertainment - Consumer Services sector whose company profile and dividend history is as follows:

▶ AMC Entertainment (AMC): AMC Entertainment Holdings, Inc., incorporated on June 6, 2007, is a holding company. The Company, through its subsidiaries, including AMC Entertainment Inc. (AMCE), American Multi-Cinema, Inc. (OpCo) and its subsidiaries, ....See Detailed Company Profile  and Dividend History.

▶ Cinemark (CNK): Cinemark Holdings, Inc. (Cinemark), incorporated on August 2, 2006, is engaged in the motion picture exhibition business with theatres in the United States (U.S.), Brazil, Argentina, Chile, Colombia, Peru, Ecuador, ....See Detailed Company Profile  and Dividend History.

▶ Eros International (EROS): Eros International Plc (Eros) is a holding company, which serves the Indian film entertainment industry. The Companys principal activities include the acquisition, co-production and distribution of Indian films and related ....See Detailed Company Profile  and Dividend History.

▶ Gaia (GAIA): Gaia, Inc. operates a digital video subscription service and online community that caters underserved subscribers worldwide. The company has a digital content library of approximately 8,000 titles ava....See Detailed Company Profile  and Dividend History.

▶ Genius Brands International (GNUS): Genius Brands International, Inc., incorporated on October 16, 2011, is a content and brand management company. The Company provides entertaining and enriching content and products with a purpose for toddlers ....See Detailed Company Profile  and Dividend History.

▶ Marcus (MCS): The Marcus Corporation, incorporated on August 13, 1992, operates principally in two business segments: Theatres, and Hotels and Resorts. The Theatres segment operates multiscreen motion picture theatres in Wisconsin, Illinois, ....See Detailed Company Profile  and Dividend History.

▶ Reading International (RDI): Reading International, Inc. (RDI), incorporated on October 28, 1999, is engaged in the development, ownership and operation of multiplex cinemas in the United States, Australia, and New Zealand, and the ....See Detailed Company Profile  and Dividend History.

▶ Reading International (RDIB): Reading International, Inc. (RDI), incorporated on October 28, 1999, is engaged in the development, ownership and operation of multiplex cinemas in the United States, Australia, and New Zealand, and the ....See Detailed Company Profile  and Dividend History.

▶ Regal Entertainment (RGC): Regal Entertainment Group, incorporated on March 6, 2002, is an operator of theatre circuits in the United States. As of December 31, 2016, the Company operated 7,267 screens in 561 ....See Detailed Company Profile  and Dividend History.

▶ RLJ Entertainment (RLJE): RLJ Entertainment, Inc. (RLJE), incorporated on April 2, 2012, is a global entertainment content distribution company with a direct presence in North America, the United Kingdom and Australia with sublicense ....See Detailed Company Profile  and Dividend History.

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