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World Wrestling Entertainment Q4 sales fell 7.8 percent from a year...

World Wrestling Entertainment Q4 sales fell 7.8 percent from a year earlier to $112.9 million, the company said. Sales at its live and televised event division fell 2 percent to $81 million, though pay-per-view revenue gained 2 percent to $14.6…

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million. TV rights fee revenue fell 5 percent to $33.9 million on the absence of certain programming. A drop in online ads led to a 14 percent decrease in digital media revenue. WWE had a $8.6 million net loss, down from a $8.1 million profit a year earlier, on lower sales and higher costs.