Variety turns heel on Vince: ''McMahon Out of Excuses for WWE Woes''

[Honga Ciganesta]

Right before the Q2 results come up

When World Wrestling Entertainment reported its sluggish first-quarter performance in April, CEO Vince McMahon blamed it on “superstar absences,” the temporary sidelining of many of his star grapplers due to injuries accumulated in 2018 and early 2019.

But now that WWE is on the verge of releasing its second-quarter numbers on July 25, McMahon is going to have to come up with a new excuse if his company’s Q2 results remain soft.

A Variety analysis indicates that although nearly all of the injured wrestlers McMahon referenced returned to the ring in the first half of 2019, ratings for WWE’s flagship TV properties, “Raw” and “SmackDown,” sunk significantly compared with the same period last year.

Without “superstar absences” to blame, it will be interesting at the end of Q2 to see how McMahon explains the worrisome decline. He may have to do just that if he addresses high-profile new hires he made last month to oversee his ailing shows.

Vince McMahon Out of Excuses for WWE Woes

It was all a dream, I used to read Variety magazine

Get Seth on the conference call, he'll explain things

 

[JerseyBoy23]

Yet people still got their heads in the sand and acting like WWE is fine.

 

[jackswstd]

Just keep signing more talent and not using it, the money will roll in

 

[Honga Ciganesta]

Hell of a job from the chaste couple

 

[R=G]

WWE’s drop in audience compared to last year has received coverage from Variety, who posted an article today ahead of WWE’s second quarter financials announcements on Thursday. They mentioned that when WWE revealed their first quarter financials during a conference call earlier this year, they blamed the ratings drop in the first three months of 2019 on “superstar absences” and said that everyone who was missing was back for the second quarter. However, the audience still went down. The article questions how Vince will explain the drop this time.

It reads: “The company’s TV partners, NBCUniversal and Fox, are also reportedly getting anxious about the state of the WWE.”

It notes that the TV networks will pay $470 million a year combined for RAW and Smackdown starting in October. RAW is down around 20% from last year while Smackdown is down 17%. Variety points to creative as a reason for the issues.

 

[PlayerNinety_Nine]

@ Variety giving him the cover two months ago, then hitting him with The Third Man leg drop.

Right now, Meltzer must feel like the conspiracy theorist who has been standing on the corner with a 'The End Is Nigh' sandwich board for years, who has just seen the news report of the meteor on it's way to destroy Earth

 

[Ill Lou Malnati]

 

[ℒℴѵℯJay ELECTUA]

go back to ATTITUDE ERA.

 

[MenacingMonk]

Needs to take a look in the mirror and finally man the fukk up and see who really is the problem.

 

[Francis White]

Needs to take a look in the mirror and finally man the fukk up and see who really is the problem.

Himself
Roman
Seth
Shane

 

[mr x]

Second paragraph says "if"

Why not wait the 3 days..get facts...then report/criticize with aforementioned facts?

 

[Saysumthinfunnymike]

What happened to Heyman and Bischoff coming in to change things? Nothing has changed

 

[richaveli83]

 

[mannyrs13]

That was good and all but we made an attempt and came up with a remix.


It was all a dream, I used to read WWF magazine,
Vince shouldn't have survived that limousine.
Hanging pictures on the wall,
Every Monday less people watching Raw.
I let that home video rock till the tape popped
Watching Austin, Taker, and The Rock
Way back when the product wasn't wack
And the fans would watch
Remember Attitude Era, duh ha duh ha,
Never thought creative would fall off so far
Now I'm on the sidelines, cuz the booking not right
Ideas getting made, blowing up ratings like a grenade
Bored viewer, and channel flipper
Remember when Raw was a ratings winner
Peace to Punk, Enzo, and Cody
Bucks, Khan, and Kenny
Ratings dropping like you thought they would,
And it's not good.

 

[TheGreatShowtime]

If you take away the Saudi money, I wonder how bad off they really are