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November 7, 2008

WWE wrestles economy

It hasn't been hit by a body slam just yet, but World Wrestling Entertainment is beginning to feel the sting of the weakened economy with fewer fans starting to buy tickets to its events or watch them on pay-per-view.

Although overall revenue collected from its live events in the United States grew 15% to $15.5 million during the third quarter, average attendance fell 4% to 5,300 per event. Ticket prices also took a slight $0.71 dip to average out at $38.21...More?

source: variety.com


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