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Wizard World profits fall 50% in first half of the year

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Citing both a decline in convention attendance and the number of shows, Wizard World's latest SEC filings show a 50% drop in revenue for the first half of the year.

Wizard World made $6.7 million in conventions in 2012

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Wizard World has just filed its annual report for 2012  and the convention business was up a good bit in 2012. Year Ended December 31, 2012 December 31, 2011 Convention revenue $ 6,743,502 $ 3,782,124 Gross profit (loss) $ 2,419,235 $ 950,913 Operating expenses $ (2,221,426 ) $ (4,108,215 ) Income (loss) from operations $ 197,809 $ (3,157,302 ) Other income (expenses) $ (1,216,730 ) $ (1,148,064 ) Net...

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