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Post by The Ultimate Nullifier on Aug 11, 2014 18:58:43 GMT -6
Wizard World, which uses a lot of WWE stars for its conventions, has had increased success with its events this year. They average $1,535,517 gross per convention so far this year as compared to $1,173,723 last year. The profits so far this year are $1,452,044 for eight conventions as compared to $167,574 in losses for the same period last year from four conventions.
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Post by The Ultimate Nullifier on Aug 12, 2014 6:06:46 GMT -6
www.icv2.com/articles/news/29394.htmlWizard World Continues Swing to Profits With a Strong Second Quarter Wizard World had net income of $759,703 in Q2 and $1,451,744 for the first half of 2014, the company announced Monday. That’s a big swing from the multi-million dollar losses in 2013, although much of those losses were related to derivatives on the balance sheet and not from operations. First quarter was also strong . The company grossed $7,110,940 for the quarter and $12,284,138, more than doubling its 2013 sales. Revenue per event in the first six months has been $1,535,517, vs. $1,173,723 in 2013. The company continues its increased pace of shows, with four shows (St. Louis, Minneapolis, Atlanta, and Philadelphia) in Q2 2014, vs. two in the same period a year ago, part of its big increase in show count this year. Eight shows are now planned for the second half of 2014, for a total of 16 for the year.
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