WWE Business In 2012 By Segment, Revenues Flat Compared To 2011

As noted earlier, WWE released their quarterly and full year financial results for 2012 this morning. Here is a segment by segment breakdown of how the company performed in 2012 compared to the prior year, from their earnings report:

Revenues were essentially flat to the prior year as growth from North America was offset by a corresponding international decline. Revenue from North America increased 4%, or $15.4 million, as the licensing of new television programs and digital content, improved home entertainment sales, and a rise in the number of domestic live events were partially offset by lower revenues from our movie releases. Revenues from outside North America declined 11%, or $15.3 million, primarily due to an anticipated reduction in the number of live events and lower sales of licensed consumer products, particularly in the Latin American and EMEA regions.

The following tables reflect net revenues by region and by segment (in millions):

			Year Ended
			December 31, 2012				December 31, 2011
Net Revenues By Region:
North America			$	365.9			$	350.5
Europe/Middle East/Africa			70.7				76.1
Asia Pacific			37.1				38.7
Latin America			10.3				18.6
Total net revenues			$	484.0			$	483.9

			Year Ended
			December 31, 2012				December 31, 2011
Net Revenues By Segment:
Live and Televised Entertainment			$	353.8			$	340.0
Consumer Products			87.8				94.9
Digital Media			34.5				28.1
WWE Studios			7.9				20.9
Total net revenues			$	484.0			$	483.9

Live and Televised Entertainment

Revenues from our Live and Televised Entertainment businesses were $353.8 million for the current-year period as compared to $340.0 million in the prior-year period, representing an increase of 4%.

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