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By: Bob Ryder
6/13/2006 11:27:13 AM

The WWE conference call for fourth quarter earnings is in progress. A question/answer session will begin shortly.

Linda McMahon opened the presentation by saying, "Our company is strong and getting stronger".

McMahon said the company is "focused on building bottom line performance".

McMahon pointed out that home video sales have doubled in the last year as the company continues to utilize their video library. She said licensing has shown more than 50% growth and touted strong sales for video games and toys and said live event business saw an average attendance increase for the 5th consecutive quarter. North American live event profit increased by 4% and the number of international live events increased to 52 from 49 last year, including the largest and most profitable European tour in company history.

McMahon pointed out the continued investment in internet and wireless and said the company will accelerate efforts in that area. She pointed out that 24/7 will soon reach a potential 10 million more potential subscribers when Comcast launches this summer.

McMahon talked about the launch of the new ECW brand and called this past weekend's ppv "highly entertaining". She said she expects ECW operations to break even this year and said the ECW project will bring additional revenue streams through live events, home video, and pay-per-view.

McMahon talked about the recent success of See No Evil and said the film has generated more than 14 million in ticket sales and that the company strategy will be to release 3-4 films annually with moderate budgets.

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