So Vince lost about 400M dollars today

[Mook]

They do business like morons. You launch the network after WM not before it. They lost on how much ppv money?

Plus them getting anywhere near 1.5 million subs is a joke. They barely get 5 million viewers for raw

 

[The Great One]

They do business like morons. You launch the network after WM not before it. They lost on how much ppv money?

Plus them getting anywhere near 1.5 million subs is a joke. They barely get 5 million viewers for raw

400,000 bought Mania on PPV, 650,000 bought the Network, so they did good there, its like over a million buys for mania, which is what they always want.

Thinking that 1.5 million will buy the network was totally stupid though.

 

[Mook]

400,000 bought Mania on PPV, 650,000 bought the Network, so they did good there, its like over a million buys for mania, which is what they always want.

Thinking that 1.5 million will buy the network was totally stupid though.

WM is the only sure shyt they got. They get what, like 30-35 for every ppv sold. They lost on 35 mill revenue off that shyt. Blatant shyt to do was release it after WM

 

[The Great One]

WM is the only sure shyt they got. They get what, like 30-35 for every ppv sold. They lost on 35 mill revenue off that shyt. Blatant shyt to do was release it after WM

Oh yeah, I thought you were just talking about Mania.

Yeah they lost a shyt ton on PPVs each month.

 

[TrueEpic08]

WM is the only sure shyt they got. They get what, like 30-35 for every ppv sold. They lost on 35 mill revenue off that shyt. Blatant shyt to do was release it after WM

And they probably would have been in worse shape for it because they project in the same manner that a 10 year old fantasizes about their career path. They would have had the PPV revenue, yes, but they would have had even less momentum coming out of the launch...not to mention that cable companies would have probably pulled the same shyt they they're pulling on them now regardless.

 

[Mook]

And they probably would have been in worse shape for it because they project in the same manner that a 10 year old fantasizes about their career path. They would have had the PPV revenue, yes, but they would have had even less momentum coming out of the launch...not to mention that cable companies would have probably pulled the same shyt they they're pulling on them now regardless.

No one cares, were maximizing revenue here. They literally coulda launched it the day after. They even gave a free trial which imagine how free it was to watch WM

 

[TrueEpic08]

No one cares, were maximizing revenue here. They literally coulda launched it the day after. They even gave a free trial which imagine how free it was to watch WM

And I'm saying that, yes, they would have had the immediate revenue from WM, but the stock would have probably plummeted faster and harder due to the Network having no momentum whatsoever from those WrestleMania signees. They would have looked really stupid projecting a million subscribers and only getting about 150,000-200,000, if even that. And they would still be getting jerked by cable companies because they'd still be putting PPVs on the Network.

It's still a loss, and that would probably have been an even bigger loss for them in the long run.

 

[Konnan]

I'm guessing that the subscribers they have now is about all they'll get

Canada I'm sure has figured how to change their Geo locations and got it too so next year when they open it to them really isn't gonna be a huge jump
in subscribers

They took a gamble and that's what you do in business

Hopefully things pick up a little because the shyt will trickle down to the on screen product if they keep losing cash

Arriba la raza

 

[JerseyBoy23]

I'm still surprised at the subscriber figures. What made those 400,000 people pay 65 bucks for one show when they could've got the network for six months?

In theory the WWE Network is a wrestling fans dream but I guess people are too cool to even pay 10 dollars a month instead of streaming.

 

[Big Jo]

Nah I only bought the stock after it bricked this morning. Got in for me and my dad at $11.04

Had been watching it for years, finally decided to pull the trigger

 

[Slystallion]

They do business like morons. You launch the network after WM not before it. They lost on how much ppv money?

Plus them getting anywhere near 1.5 million subs is a joke. They barely get 5 million viewers for raw

the same amount of people who got the network wouldn't have done it if it wasn't to get wrestlemania for 10 bucks and if there are wrestling fans in the family like the kids then the value is worth it for 10 bucks a month and the occasional quick search of nostalgia as well

 

[JerseyBoy23]

Since Vince became a billionaire based on the TV deal and WWE network subscriptions does that mean he's just back to the same net worth he was at last year?

 

[Slystallion]

Since Vince became a millionaire based on the TV deal and WWE network subscriptions does that mean he's just back to the same net worth he was at last year?

basically investors were disappointed that the tv deal wasn't 2-3 times more than the last time and only 50% more and this was because analysts set those expectations before hand, they also fear that the subscription money isn't as much as they once thought

so since Vince owns 52% of the stock he lost a large chunk of that when the price of the stock tanked today. I think Vince will be fine the market works like that its about expectations but it has no effect on actual revenue's generated by the company and Vince won't ever sell that 52% share anytime soon anyway if ever and it will be gifted to his family before death or put into a trust

 

[dh86]

I wager over 50% of Canadian, UK, and Irish fans that want the WWE network already has it. The positive thing is that WWE has lots and lots of places they can cut if need be, bad thing is PPV is gone forever aside from a future Mania being taken off the network

 

[The Push Man]

As far as people losing sleep, you couldn't be more wrong. There are people in fear for their jobs bad. When the company is projecting $45 million to $52 million in losses for the 2014 year, that's a WCW 2000 year. Now, unlike WCW, this is only temporary. But heads were already rolling and the Perkins Millers who were big time players ran for the hills before this came in.

This was a major loss of face for the company. The television industry essentially told them that their ratings are almost worthless, and that their social media stats they rolled out and bragged about meant nothing to decision makers.

The MLS deal was the biggest story within wrestling since Monday until today.

As a fan, you're not going to see a TNA destruction, but for those actually in the company, I can tell you that many were very scared in January that they were starting the network, and the news has been more bad than good since. The idea they aren't stressing couldn't be farther from the truth.

From the F4W board. We should keep our our eye on http://www.lolwrestling.com/how-long-has-jtg-been-employed/ the run might be coming to an end.