WWE Surprises Wall Street with Q2 Profit
Despite a rocky start by Wall Street standards, World Wrestling Entertainment (NYSE:WWE) turned a profit in the second quarter of 2015, just a year and a half into its new subscription business model. Not only did the company earn a profit for the second straight quarter, but WWE earned more from subscription income than it did in annual pay-per-view revenue in any calendar year through 2014. Pretty impressive. WWE launched its new subscription site, the WWE…
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