– MSN.com reports that WWE’s fourth quarter 2009 earnings results came in below expectations of most financial analysis. Analysts expected $0.18 per share in Net Income, but WWE reported $0.15. Analysts also predicted $123.8 million in Q4 2009 revenue, but WWE reported $117.3 million. The stock price was down approximately 1% yesterday, so the market didn’t punish them too bad for falling short.
– Former XFL president and long-time WWE employee Basil V. DeVito, Jr. has been promoted to the Board of Directors. He will fill in for former CEO Linda McMahon. He has been with WWE since 1985 and has served as WWE’s Business Strategy adviser since 2003.