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WWE Q2 Earnings Call: Vince McMahon On If He Sees AEW As Competition, International Event Planned, More


WWE had their Q2 Financial Results call on Thursday with Vince and Stephanie McMahon, Nick Khan and more discussing their performance, whether AEW is competition to them and more. You can see a recap below:
After the usual introduction with the legal disclosures from Michael Weiss, the call is turned over to Vince McMahon. He cites “solid results” and high demand for live event tickets, with strong advances for shows including SummerSlam and an increase in ratings since live events returned. He notes that they have improved profitability and passed it onto XXX
Nick Khan talks about how in the last earnings call they discussed earlier this year how the NBA, NFL and the like saw increase their media rights fees despite lower overall ratings. He says that the same happened in the second quarter with companies, as well as private equities investing in sports teams. He runs through them and points out how it’s evidence that the marketplace has a lot of opportunit ....

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World Wrestling Entertainment Inc (WWE) Q1 2021 Earnings Call Transcript


Operator
Hello, and welcome to the webcast entitled WWE First Quarter Earnings. [Operator Instructions] We have just a few announcements before we begin. First, please use the question mark icon in the upper right hand corner of your web console for technical assistance. The option to enlarge slides is located to the right on your slides with the four arrows pointing in different directions. [Operator Instructions]
I will now turn the call over to Michael Weitz, SVP, Financial Planning and Investor Relations. Please go ahead, Michael.
Michael Weitz
Senior Vice President, Financial Planning and Investor Relations
Thank you, Lauren and good afternoon, everyone. Welcome to WWE s first quarter 2021 earnings conference call. Leading today s discussion are Vince McMahon, WWE s Chairman and CEO; Nick Khan, WWE s President and Chief Revenue Officer; Stephanie McMahon, WWE s Chief Brand Officer; and Kristina Salen, WWE s Chief Financial Officer. Their remarks will be ....

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