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Wrestlenomics: WWE Q4 2021 and full year earnings report

POST Wrestling

POST Wrestling

After Shows, Wrestling, Sports, Tv & Film, Tv Reviews

4.81.1K Ratings

🗓️ 7 February 2022

⏱️ 123 minutes

🧾️ Download transcript

Summary

WWE reported its Q4 and full year 2021 earnings on Thursday. The company made more than $1 billion in revenue and $180 million in net income for the year, both new records.

Brandon Thurston and Chris Gullo go into depth on the comments of Nick Khan, the few words from Vince McMahon, and all we learned about WWE's business and its outlook going forward.

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Transcript

Click on a timestamp to play from that location

0:00.0

While I'm here alone, there you know we've generated considerable increase in profit and revenue.

0:14.0

During the course of the year we imagined that our business and reimagining our business is something, by the way, we do just about every month.

0:22.0

If not every week we're on here.

0:24.0

So Nick, take her away.

0:28.0

First, like many of you, we are not surprised by this continued consolidation.

0:36.0

We expect these companies to monetize the value of their newly acquired titles.

0:42.0

They are scripted and unscripted content.

0:44.0

The sector should end up with four, maybe five players emerging.

0:48.0

And the winners will largely be dependent on their IP.

0:53.0

We discussed in the past how one of the biggest acquisition drivers for streamers is live rights.

1:02.0

You know the NIL program offers WWE more opportunities than any other brand who are partnering with these collegiate athletes because it is such a recruiting tool.

1:12.0

Great. Thank you.

1:14.0

Steve, it's just quickly on the international, large scale events.

1:18.0

Why just limited to two?

1:20.0

Let's see how it looks in the next couple of months.

1:24.0

Thank you.

1:26.0

We have a special tile driver ready for you from the other day.

1:34.0

Hello everybody, and welcome to another edition of Rustlinux Radio.

1:38.0

I'm Brandon Therson, broadcasting live, and on demand from Buffalo, New York where today is Sunday.

1:44.0

February the 6th, 2022 is early February.

1:49.0

This is our first program of February, which means, which means this is time.

1:56.0

It's time for the look back on the prior, well, not 12 months, but the entire year of 2021 for WWE.

...

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