This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

World Wrestling Entertainment's CEO Discusses Q2 2012 Results - Earnings Call Transcript

We continue as well to distribute and create content for YouTube which is very popular and also gives an opportunity to take some of the television segments on YouTube and perhaps make larger shows out of them. As far as films are concerned we had deals with IM Global, any number of them as we spread out our risk as well as our reward on some of our films in terms of the new philosophy that we have.

We've remastered No Holds Barred which was produced in 1989 and almost forgotten. It's been on the shelf and in terms of the remastering, we have done it really extremely well. We are releasing that and over the last four weeks, we have done (inaudible) very well.

Brand strength. Television strength of Raw is extremely strong, it has been for year after year. As far as Syfy is concerned where Smackdown is on, we are number one, have been since the very first broadcast on Syfy. We've continued, as I mentioned, the explosive growth on social media which we think we've effectively changed not so much the way we do business, but can change the overall impact of our business extraordinarily.

In one year’s time we should be much, much better positioned than we are now on a global front. And I would say, we didn’t make an investment on something called Tout which I will let George explain here in further detail.

International growth, we held live events in Russia which were sold out. In Brazil, which was okay debut, and so one of the things that obviously needs to be talked is the launch of our network. You guys have been very patient in terms of what is it and when is it, and right now you have heard this story for a long time. We're not ready to make an announcement. I feel relatively confident however that next quarter we’ll be making one.

Read the rest of this transcript for free on seekingalpha.com

3 of 3

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
DOW 17,098.45 +18.88 0.11%
S&P 500 2,003.37 +6.63 0.33%
NASDAQ 4,580.2710 +22.5760 0.50%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs