So Vince lost about 400M dollars today

Big Jo

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About to be the 1993-1996 era when WWE business was in the toilet brehs

If Twitter existed in 1996 do you really think WWE would have trended worldwide?

Mid 90s WWE was a significant downturn for business, now it's just at a stalemate. Big difference

And side note, if the E had been publicly traded at the time and you bought in the mid 90s and sold in the late 90s

:ohlawd:
 

FreshAIG

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If Twitter existed in 1996 do you really think WWE would have trended worldwide?

Mid 90s WWE was a significant downturn for business, now it's just at a stalemate. Big difference

And side note, if the E had been publicly traded at the time and you bought in the mid 90s and sold in the late 90s

:ohlawd:

Yes. There's stuff on Impact that trends worldwide sometimes.
 

Psychosis

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This was Cokeboy after Linda's first failed Senate run. ($100M)

Imagine how he was after the second.

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Momentum

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Sucks that it tanked so hard, but people were expecting a huge bidding war over those TV rights and the Network is probably going to cap out below 700k subscribers. I've been saying it for years, Vince should sell to Disney. Be done with it already.
 

Momentum

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Of additional concern: the company’s WWE Network — McMahon’s attempt to bring wrestling “over the top,” industry speak for online streaming — needs to add 1.3 million to 1.4 million global subscribers in order to offset the Network’s cannibalization of WWE’s pay-per-view revenue, but first quarter subscriber numbers indicate that the Network has gained just 670,000, results that put the company on track for an operating income loss.

“The rate of subscriber adoption is a critical determinant of the company’s projected future financial performance,” WWE said Thursday evening, going on to project that if the WWE Network achieves 1 million subscribers by year-end 2014, it would yield a 12-month average of 650,000 subscribers for the year. This, in turn, would translate to an estimated full-year OIBDA loss ranging from $35 to $45 million and a full-year net loss ranging from $45 to $52 million.
:sadcam:
 

Ohene

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they got fleeced on that deal, $200M? NO WHERE NEAR what they said they'd get. This is simply a CORRECTION of the real value of the stock, which is about 10-20


[this is not financial advice nor am i a financial advisor]
what deal value did they project anyways? I rememeber analyzing WWE last year back when I was a Live Nation shareholder. WWE was very undervalued at the time but couldnt believe it went up this much.
 
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