WWE Chief Financial Officer George Barrios issued the following statement in Thursday’s 2014 first quarter earnings release regarding the company’s TV licensing agreements in the United States and India:
“Regarding our TV licensing agreements, we are continuing to negotiate with potential distribution partners in the U.S. and India. Over the past several years, we have invested in people, content and technology, and we continue to believe the successful execution of our key initiatives could potentially result in doubling or tripling our 2012 OIBDA results to a range of $125 million to $190 million by 2015. We will provide more information and further guidance for 2014 and 2015 as appropriate.”
Click here to review WWE’s 2014 first quarter results in their entirety.