WWE Releases Second Quarter Financials, Up From Last Year, Vince Comments

Nick Paglino

Vince McMahonWWE's Corportate website has released the company's second quarter financial results and is reporting revenues totaling $152.3 million, which is up from the $141.6 million the company totaled in the second quarter of last year. Vince McMahon had the following to say regarding the numbers:

"In the second quarter, we continued to make investments in both staffing and talent to support our long-term growth objectives," Vince McMahon stated in a press release. "These initiatives, including the recent opening of a world-class performance training facility, and the highest grossing WrestleMania in our Company's history, demonstrate our commitment to develop our talent, build our brands, and provide a solid foundation for future growth.

"We continue to believe that these investments will enhance our ability to create new programs and to distribute all of our content in a way that optimizes its value, through the renewal of key television contracts and the potential launch of a WWE network."

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