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World Wrestling Entertainment Inc (WWE)

WWE on New York Consolidated

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25 Sep 2017
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Latest Key Developments (Source: Significant Developments)

World Wrestling Entertainment prices $200 mln convertible notes financing
Monday, 12 Dec 2016 10:58pm EST 

World Wrestling Entertainment Inc : Says notes will be unsecured, senior obligations of wwe and will bear interest at a rate of 3.375% per year . Says interest will be payable semi-annually in arrears on June 15 and December 15 of each year . WWE expects to use $14.64 million of net proceeds of offering of notes to pay cost of convertible note hedge transactions . initial conversion rate for notes is 40.1405 shares of wwe class a common stock per $1,000 principal amount of notes .WWE announces pricing of upsized $200 million convertible notes financing.  Full Article

WWE reports $175 million convertible notes offering
Monday, 12 Dec 2016 04:01pm EST 

World Wrestling Entertainment Inc : World Wrestling Entertainment Inc - intention to offer $175 million aggregate principal amount of convertible senior notes due 2023 . World Wrestling Entertainment - expects to use portion of net proceeds of offering of notes to support execution of co's long-term growth strategy .Part of proceeds will be used to pay cost of convertible note hedge transactions.  Full Article

WWE reaffirms Q4 adjusted oibda and operating income guidance
Monday, 12 Dec 2016 04:01pm EST 

World Wrestling Entertainment Inc : World Wrestling Entertainment Inc - raises expectations for Q4 2016 average subscribers . World Wrestling Entertainment Inc - expects at least 1.40 million average paid subscribers to wwe network for q4 2016. .Wwe reaffirms fourth quarter 2016 adjusted OIBDA and operating income guidance.  Full Article

WWE, some units enter new $150 mln senior unsecured revolving credit facility
Friday, 29 Jul 2016 04:41pm EDT 

World Wrestling Entertainment Inc : Co and certain of its units entered into an amended and restated $150 million senior unsecured revolving credit facility . Amended revolving credit facility replaces previous $200 million credit facility, set to expire on September 9, 2016 . New facility has a termination date of July 29, 2021 - SEC filing Source: (http://bit.ly/2aix4CL ) Further company coverage: [WWE.N] (Bengaluru Newsroom: +1 646 223 8780).  Full Article

WWE posts Q2 earnings of $0.01/share
Thursday, 28 Jul 2016 08:30am EDT 

World Wrestling Entertainment: WWE reports record revenue and q2 2016 results . Q2 earnings per share $0.01 . Q2 earnings per share view $0.02 -- Thomson Reuters I/B/E/S . Qtrly OIBDA of $7.5 million was in line with company's guidance . Says for Q3 2016, company projects average paid subscribers to WWE network of 1.49 million, up or down 2% . Says Q3 subscriber forecast represents a sequential decline of 2% from Q2 2016 . Says estimates Q3 2016 adjusted OIBDA of approximately $24 million to $28 million . Q2 revenue rose 32 percent to $199 million . Sees 2016 adjusted OIBDA could be in a range of approximately $70 million to $85 million . Says for FY, continues to believe average paid subscriber growth would be at upper end of its range . Sees 2016 adjusted OIBDA would be between $80 million and $85 million . World Wrestling Entertainment says multi year content distribution deal in china with PPTV, return of a WWE live event to shanghai in September .Q2 earnings per share view $0.02, revenue view $181.8 million -- Thomson Reuters I/B/E/S.  Full Article

World Wrestling Entertainment declares quarterly dividend of $0.12 per share
Thursday, 21 Jul 2016 12:52pm EDT 

World Wrestling Entertainment Inc :Sets regular quarterly dividend of $0.12 per share.  Full Article

WWE Inc and PPTV announce multi-year partnership in China
Thursday, 16 Jun 2016 09:00am EDT 

World Wrestling Entertainment Inc :WWE and PPTV announce exclusive multi-year partnership in China.  Full Article

WWE projects Q2 average paid subscribers of about 1.5 mln
Tuesday, 10 May 2016 08:30am EDT 

World Wrestling Entertainment Inc : Says WWE network averaged 1.29 million paid subscribers over Q1 2016, which represented a 39% increase . Qtrly OIBDA increased 31% to $27.6 million from prior year quarter (29% on a pro-forma basis) . For Q2 2016, company projects average paid subscribers of approximately 1.5 million. . Says believes average paid subscriber growth and 2016 adjusted OIBDA would be at upper end of ranges . Says WWE's Youtube channel reached 11 million subscribers at quarter-end . World Wrestling Entertainment Inc Reports Strong First-Quarter 2016 Results . Q1 earnings per share $0.18 . Q1 revenue $171.1 million versus I/B/E/S view $170.6 million .Q1 earnings per share view $0.10 -- Thomson Reuters I/B/E/S.  Full Article

World Wrestling Entertainment declares quarterly dividend
Thursday, 22 Oct 2015 01:11pm EDT 

World Wrestling Entertainment:Declares quarterly dividend of $0.12 per share for all Class A and B shares of common stock.Record date for dividend will be Dec. 15 and payment date will be Dec. 28.  Full Article

BRIEF-TVA Group and WWE announce broadcast agreement

* WWE and TVA Sports announced a multi-year agreement to televise a weekly, one-hour edition of WWE's program raw Source text for Eikon: Further company coverage: