Content rights fees, or licensing revenue for flagship TV series like 'Raw' and 'SmackDown,' edged up to $155.2 million.
, led by CEO Nick Khan after co-CEO Stephanie McMahon resigned, posted revenue in its fourth quarter up 5 percent to $325.3 million, while operating income fell 22 percent to $62.7 million.
Net income for the fourth quarter went down to $38.8 million, against $60.9 million in the same period of 2021. The latest rise in quarterly revenue at the TV wrestling giant was due to higher network revenues for premium live events likeMost of the WWE revenue still comes from media rights, with live events contributing $297.7 million during the latest quarter, up from a year-earlier $257.6 million, while consumer products came to $21.8 million, down from a year-earlier $32.6 million.
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