WWE Reports Strong First-Quarter 2016 Results, Vince McMahon Comments, WrestleMania Highlights

WWE issued the following today:

WWE® Reports Strong First-Quarter 2016 Results

First Quarter 2016 Highlights

* Revenue increased 13% on a pro-forma basis to $171.1 from $151.3 million in the prior year quarter, excluding the timing impact of WrestleMania (which occurred in Q2 2016 vs. Q1 2015)

* OIBDA increased 31% to $27.6 million from the prior year quarter (29% on a pro-forma basis)

* WWE Network averaged 1.29 million paid subscribers over the first quarter 2016, which represented a 39% increase from the first quarter 2015, and reached 1.47 million total subscribers at quarter-end

* WWE’s YouTube channel reached 11 million subscribers and achieved Diamond Play Button status joining Taylor Swift and Justin Bieber; WWE content garnered 10 billion YouTube views over the last 12 months

* Announced new series spin-off, Total Bellas, to debut on E! in Fall 2016 along with the sixth season of Total Divas. Continued to develop exciting new content for WWE Network, including Camp WWE (May), Swerved Season 2 (June) and Holy Foley! (August)

Selected WrestleMania Highlights

* WrestleMania (April 3, 2016) achieved record breaking attendance, ticket sales, viewership, and social media activity

* WrestleMania broke WWE’s attendance record, attracting 101,763 fans at AT&T Stadium

* WWE …

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