WWE's co-presidents George Barrios & Michelle Wilson have just been fired

jadillac

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ryan Alvarez mentioned on Wrestling Observer Live an interesting text he got from someone within WWE about speculation that maybe the company could sell WrestleMania to FOX to air on its channel instead of the Network

You think Wreslemania on a network television channel is gonna work with commercials every 2 mins. Ppl arent gonna watcj that
 

Francis White

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You think Wreslemania on a network television channel is gonna work with commercials every 2 mins. Ppl arent gonna watcj that
Exactly. If Vince does a half ass show then FOX would extra stupid to allow it again.
They would demand a tight show. No multiple people tag matches.
No women battle royal.
 

VegetasHairline

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Bro stop it. Roman vs Fiend isn’t a World Cup event worth paying for.
Main event number 5 on deck! Taking that Mr. Wrestlemania name from that fukk boy HBK. :umad:
Roman-Reigns-Smark-Tears-1000x600.jpg
 

Kidd Dibiase

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WWE Co-Presidents George Barrios and Michelle WIlson departed the company due to disagreements on expenditures with Vince McMahon.

According to the report, Wilson and Barrios wanted to use money from WWE’s TV contracts with FOX and USA to increase profits and build the stock price up. However, McMahon wanted to increase profits but also invest into signing/re-signing talent. In addition, to creating more branches of NXT, such as NXT Japan.
 

Doctor Doom

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WWE Co-Presidents George Barrios and Michelle WIlson departed the company due to disagreements on expenditures with Vince McMahon.

According to the report, Wilson and Barrios wanted to use money from WWE’s TV contracts with FOX and USA to increase profits and build the stock price up. However, McMahon wanted to increase profits but also invest into signing/re-signing talent. In addition, to creating more branches of NXT, such as NXT Japan.

Dumb expenditures rofl. I'd argue not even 40% of the talent signed are on TV regularly, even less talent probably working live events because no one is paying tickets to go see Curt Hawkins and Zach Ryder imo.

NXT Japan doesn't even sound like a bad idea. Sounds straight up batshyt rofl. Waaaaay too many companies imo for them to ever get stable footing and the whole loyalty aspect of the wrestling companies there.

XFL is already gonna be losing them money, they're losing money by resigning all these people to these crazy ass deals. Offering THE REVIVAL 700K :mjlol:

Maybe a puro breh or two can enlighten me on the probability of WWE getting TV deals in Japan because I myself arent really knowledgeable on the subject @Jmare007 @The Rainmaker
 

Barnett114

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EQUITY ALERT: Levi & Korsinsky, LLP Notifies Investors of an Investigation Involving Possible Securities Fraud Violations by Certain Officers and Directors of World Wrestling Entertainment, Inc.

NEW YORK, NY / ACCESSWIRE / February 6, 2020 / Levi & Korsinsky notifies investors that it has commenced an investigation of World Wrestling Entertainment, Inc. ("WWE" or "the Company") (WWE) concerning possible violations of federal securities laws.


On October 31, 2019, WWE released its financial results for the third quarter of 2019. The Company disclosed a large decline in net income and cash flow generated as compared to the third quarter of 2018 and cited "unfavorable timing of working capital and lower operating performance" as the cause of the decline.

Following these disclosures, WWE's stock price plummeted by 18.68%.

To obtain additional information, go to:

World Wrestling Entertainment, Inc. Loss Form - Levi & Korsinsky, LLP | Class Action Attorneys

or contact Joseph E. Levi, Esq. either via email at jlevi@levikorsinsky.com or by telephone at (212) 363-7500.

Levi & Korsinsky is a national firm with offices in New York, California, Connecticut and Washington D.C. The firm's attorneys have extensive expertise in prosecuting securities litigation involving financial fraud, representing investors throughout the nation in securities and shareholder lawsuits. Attorney advertising. Prior results do not guarantee similar outcomes.
 
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