WWE Studios earned $3.7 million in revenue in the third quarter of 2011. The same division earned $7.6 million in the third quarter of 2010. "Film profits declined $5.5 million from the prior year quarter reflecting the performance of recent releases; i.e., Inside Out, The Chaperone, and Knucklehead," reads the WWE earnings report.
"Lower home video sales than anticipated contributed to revised ultimate projections, which resulted in a $5.1 million impairment charge for these films. The decline in film profits also reflected lower receipts from our licensed films and the previously disclosed change in our distribution model for films."
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Oderint Dum Metuant: Let Them Hate As Long As They Fear
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