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George Barrios then took over the conference. Here are the highlights of what he said.
*WrestleMania was the highest grossing event in company history. It was the second most profitable in company history.
*He said that their TV audience reached 12. million people in 8.6 million homes in the US. He said that is a 10 and 12% jump from a year ago.
*Their social media followers jumped to 176 million.
*He talked about the success of the recent TV shows they have added since last year.
*The added price on the WrestleMania tickets were a boon to the company.
*He mentioned that the PPV missing from quarter two would air in the fourth quarter.
*After a lot of financial stuff you can read in the filing, he mentioned the WWE Network, once again calling it "potential".
*He said that their tax rate rose from 36 to 38%.
*He that in the next four months he expects WWE to get greater value from their content with their TV partners as they come up for renewal over the next few months. He cited the growth in rights fees for other events, mostly in the field of sports. He said he expects that renegotiating their top four TV deals in the US and abroad (that means time to get into it with NBC Universal). He said that those deals, along with the potential network and digital growth will lead to big growth for the company.
*He said that there is big potential for the WWE Network as a subscriber based channel both here and abroad.
*He lowered guidance through the rest of the year. He said that it will improve in the long run when they get the Network going and get higher rights fees for programming.
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