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WWE posts record high for revenue

US wrestling organisation WWE has announced its financial results for 2018, with annual revenue increasing by 16 per cent to a record $930.2m (€820.4m).

Operating income also increased by 51 per cent to a record $114.5m, while adjusted operating income before depreciation and amortisation (OIBDA) increased by 31 per cent to $178.9m, exceeding company guidance and representing all-time record performance for the second year in a row.

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