WWE announced on Thursday they will report their Second Quarter earnings for 2014 on Thursday, July 31, 2014 before market open. Later in the morning, Vince McMahon and Chief Financial Officer George Barrios will host a conference call with investors at 11 AM ET.
The date is significant for a number of reasons but none more important than we will get an updated number of subscribers to the WWE Network. WWE announced on April 7, 2014 the WWE Network had 667,287 subscribers and reassured the public they were well on their way to their target of 1 million domestic subscribers before the end of the year.
The number will be more than 667,287 as initial subscriptions aren’t set to expire until on Sunday, August 24, 2014. Remember, to subscribe to WWE Network in the initial signup period, you had to agree to 6-month commitment.
We’ll be on the call later this month and will provide exclusive live coverage.