WWE 2Q Revenue Plummets

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It was a rough fiscal second quarter for World Wrestling Entertainment Inc.,
as revenue fell to $9.28 million compared with $98.2 million last year.

Live pay-per-view revenue for WWE, which has struggled since it acquired
rival World Championship Wrestling last year, fell 14 percent to $19
million.

Ad revenue fell $1.2 million to $19.7 million, while WWE's revenue from
television-rights fees increased slightly to $13.8 million thanks to the
executive-producer fee it received for The Rock's movie,
Helldorado.

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