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WWE Releases Statement on 2013 Financial Outlook

Posted By: Caylon Knox on Sep 15, 2013

WWE Releases Statement on 2013 Financial Outlook

WWE issued the following statement on Friday during a press release:

"Our revised 2013 Outlook reflects a relatively moderate change in our second half revenue expectations and our continued investment in the WWE brand and our content," said George Barrios, Chief Financial Officer. "Given the rising value of content in the market place, we believe these investments will maximize WWE's future earnings as we renegotiate our four largest television distribution agreements and potentially launch a WWE Network."

Source: WWE
Tags: #wwe #wwe stock #wwe network #george barrios

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