STAMFORD, Conn.–(BUSINESS WIRE)–Following successful releases of “See No Evil” and “The Marine,” WWE Films, a wholly-owned subsidiary of World Wrestling Entertainment, Inc. (NYSE:WWE), announced today that it has re-evaluated expectations for its feature film, “The Condemned” and has recorded a related impairment charge of $15.7 million.
The charge, which will be included in the second quarter 2007 results, reflects the Company’s revised long-term financial projections for the film, based on the $7.4 million in domestic box office receipts to-date.
