WWE Stock Presentation :: essays research papers

World Wrestling Entertainment, INCCompany OverviewWorld Wrestling Entertainment, INC. is an integrated media and entertainment company primarily engaged in the development, production and market of television programming, live events and the licensing and sale of consumer products featuring the WWE brand. WWE has been involved in the sports entertainment business for over twenty years and has developed wrestling into one of the most usual forms of entertainment.Economic drivers remain down from historical levels. In 2003, WWE created two separate major television programs, Raw and Smackdown, each with its own story lines and talent. This was make to create two touring companies and increase the number of live events and provides the potential to increase to the contribution of the entertainment business. WWE just needs time to produce the intended mart results. The company consistently retains the merit of being the number one regularly scheduled program on cable TV with Raw on M onday nights on TNN, and Smackdown Is the highest rated show on UPN. It airs on Thursdays.Revenues consist principally of attendance at live events, sale of television advertising time and sponsorships domestic and worldwide television rights fees, pay-per-view obtains and direct sale of merchandise.Stock for WWE can be purchased through any brokerage or online investing service. Minimums and fees will vary. Investors Choice Plan enables stockholders to purchase shares and reinvest the cash dividends paid on shares.For the past nine weeks stock prices for World Wrestling Entertainment, INC have fluctuated between a high of $14.40 at the end of April to a low of $11.52 towards the end of May. For the month of June stock prices fluctuated between $12.37 for a low and $13.45 for a high. Although stock prices are not as stable as the peck had hoped, it expects operating profits to more than double from the prior year. WWE anticipates revenue of $375 million, compared with $374 millio n in the prior year. It expects operating income of $73 million, up from $27 million a year earlier. Net income should range between $44 million and $48 million, or 64 cents to 70 cents a share, compared with a net loss of $19 million, or 28 cents a share, a year earlier.I believe the corporation and management team of World Wrestling Entertainment, INC has done a view for its fans. Not only does WWE provide live and televised entertainment, they also get involved in matters that are important in the lives of their fans.