WWE has heavyweight business plans

February 14, 2007 World Wrestling Entertainment Inc. is gearing up for its big annual WrestleMania extravaganza and its latest movie release in April with an eye to setting the stage for a year of strong financial performance. [...] in Tuesday's reporting improved revenue and profit for an eight-month transition period driven by strong live event, home video and digital media trends, management also announced a strategic review to identify "sustainable, multiyear growth rates" -- something Wall Street observers argue the sports-entertainment powerhouse has been lacking. Investors often cite TV advertising revenue declines because of a deal with the USA Network that leaves the ad income to the channel, softer pay-per-view trends and film investments as key concerns.

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