|
Its mainly from their new US & UK tv deals kicking in and carrying the company even more than before. This current fiscal quarter is expected to be even higher for record revenues because that's when their new India tv deal starts to kick in.
Wrestlenomics figured out that if WWE was only making money from their tv deals and live events and other notable revenue streams were around zero, they'd still be posting around a $280 million record in revenues for this year.
Bryan Alaverz did some math as well and figured they could go around 4 years without holding any live events and I think also making money from other notable revenue streams and they'd still be hitting record revenues because of how massive their tv deals are. They still have another massive tv deal in the works from the Middle East.
The coronavirus has wrecked their live event revenues but that area has been down or more hit-and-miss in recent years to the point they were losing less money by holding fewer shows starting around last year. Same for merch sales being very hit-or-miss in recent years.
|