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

[The Rainmaker]

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

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

IIRC, they have tv deals in Japan. Satellite tv.

 

[Green Ranger]

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

Plus the product is already watered down.

Mania is one of the times they pull out all the stop and try and be edgy/creative

When you have your own network you don’t have to deal with sponsor like on network tv

Plus we have already seen when sponsors get at them they will fallback

Someone gets busted open the hard way fade to black & white

Roman spears Steph a few years back can’t promote man beating on women even if it OMG act like it an accident spot

 

[Jmare007]

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

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

The problem is not getting a TV deal, they already have one with J SPORTS that broadcasts RAW and Smackdown early in the morning.Thing is, sattelite TV deal in Japan is pretty useless. Almost every puro promotion is shown in SamuraiTV but it doesn't make a lick of difference for their bottom line. Like, it's harder to NOT be shown on TV that being in it.

The issue with Japan is that the market is REALLY small for wrestling. It's been that way for 20 years now. NXT Japan could have a nice dojo, get nice prospect, even work some cool/good/great shows (quality wise) but that shyt ain't ever getting more than a couple of sold out Korakuen Hall shows a year....unless they basically buy out the country, which at that point it would mean so much money they would never get their investment back

 

[Cartier Murphy]

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.

@MightyHealthy weren’t you saying there was some carny shyt going on like this

 

[MightyHealthy]

@MightyHealthy weren’t you saying there was some carny shyt going on like this

There's definitely some money laundering going on, and if you look at the facts, Vince has been oddly deferring to Trump for decades...

...since he ran WrestleMania two years in a row at Trump Plaza.

Why Is WWE Listed As The Trump Foundation's Biggest Donor?

Vince was putting Trump over, paying to keep him afloat, and giving the Trump Foundation millions and millions of dollars.

The two gifts, in 2007 and 2009, accounted for 95% of all money flowing into the president’s foundation those years. Whoever was making the donations was almost single-handedly bankrolling the president’s foundation at a time when Trump was hardly putting in any money at all.

 

[MenacingMonk]

 

[julesocean]

Do you smell what Bezos is cooking? Amazon could buy the WWE, analyst predicts

"Vince McMahon is currently 74 years old, going on 50."

 

[julesocean]

Market open in hour

XFL debuted successfully on the weekend on ABC, peaking at 4 milly (better than Raw and SD). For reference, AAF debuted at 3 mill on CBS, but would go on to tank and be defunct in 2 months.. For even more reference, the opening NFL game on NBC this year did 22 mill. Let's see now that the league is "in action" if it calms all the people who were worried about cross-over fukkery.

 

[Max.]

 

[dh86]

Market open in hour

XFL debuted successfully on the weekend on ABC, peaking at 4 milly (better than Raw and SD). For reference, AAF debuted at 3 mill on CBS, but would go on to tank and be defunct in 2 months.. For even more reference, the opening NFL game on NBC this year did 22 mill. Let's see now that the league is "in action" if it calms all the people who were worried about cross-over fukkery.

I think XFL only affects WWE stock price is if there’s additional money transfers proven to cut into WWE profits. Vince already funded alpha entertainment with enough for 3 seasons

 

[Chrome2279]

Hope Hollywood Rock makes an appearance

 

[julesocean]

WWE isn't leaving any money on the table by abandoning the PPV model and showcasing them on the Network. that's a fan narrative that just isn't true and the numbers prove it. the Network has been the best thing WWE has done in ages and is insanely profitable for them.

the startup cost WWE spent to develop the Network was approximately $5 million and they own it. every dime they make from it goes directly into their pockets. unlike with PPV, where they only received 50-55% of the revenue and the rest went to the PPV/cable/satellite, etc. companies. people often forget that fact. just look at the final year of PPV before the Network began ...


2013 PPV buy rates and total revenue / WWE's share

Royal Rumble - 579,000 buys @ $70 = approximately $40.5M in revenue / approximately $20.3M for WWE

WrestleMania 29 - $1,048,000 buys @ $70 = approximately $73.3M in revenue / approximately $36.7M for WWE

SummerSlam - 298,000 buyys @ $70 = approximately $20.8M in revenue / approximately $10.4M for WWE

Survivor Series - 179,000 buys @$70 = approximately $12.5M in revenue / approximately $6,3M for WWE


so that's roughly a total of $73.7M in revenue for WWE from the big four. now we could break down the other 8 smaller PPV's that were $50, but all of them typically only drew between 100,000-200,000 buys and you get the point. but just for the sake of it, even if the other 8 PPV's averaged 200,000 (which they didn't), at $50 per buy that's another $10M per show for a total of $80M in revenue aka $40M for WWE. so best case scenario for WWE in 2013 under the PPV model, they would have seen somewhere between $110-$120M.


now look at the Network. the latest report has well over 2 million monthly subscribers with approximately 1.8 million of them being paid. so using that 1.8 million number at $9.99 a month is roughly $18M per month and a total of $216M per year. all of it going straight to WWE and not having to share a dime.

The casual fan is going to pick and choose their PPV throughout the year. That casual fan is not going to stay subscribed for a whole year.

The equation is 4x10 versus 4x60.

It is not 12x10 versus 4x60.

They need to remodel it badly.

 

[Beautiful Bobby Eatin]

There's definitely some money laundering going on, and if you look at the facts, Vince has been oddly deferring to Trump for decades...

...since he ran WrestleMania two years in a row at Trump Plaza.

Why Is WWE Listed As The Trump Foundation's Biggest Donor?

Vince was putting Trump over, paying to keep him afloat, and giving the Trump Foundation millions and millions of dollars.

Several brehs including myself has been saying the numbers never made sense. Part of that was due to there never being major corporate shakeups like this to bring it down (major shareholders dont see wrestlers being unhappy or leaving as a big deal since the can always buy more) however, even with disappointing numbers in the network pretty much since inception, a failing film company, the negative press of the Saudi deal and constantly dwindling attendance and ratings issues, the stock never budges.

The smart ones saw this as a red flag from jump but were drowned out by idiots saying shyt like "i didnt know TSC were full of stock experts". Truth be told, when they investigate Trump's business after he leaves office (trust me this WILL happen) Vince is gonna get nailed for shyt too. By then he may either be dead or on his way out of the business leaving the blowback to his idiot daughter and doofus son-in-law.

 

[Cartier Murphy]

Several brehs including myself has been saying the numbers never made sense. Part of that was due to there never being major corporate shakeups like this to bring it down (major shareholders dont see wrestlers being unhappy or leaving as a big deal since the can always buy more) however, even with disappointing numbers in the network pretty much since inception, a failing film company, the negative press of the Saudi deal and constantly dwindling attendance and ratings issues, the stock never budges.

The smart ones saw this as a red flag from jump but were drowned out by idiots saying shyt like "i didnt know TSC were full of stock experts". Truth be told, when they investigate Trump's business after he leaves office (trust me this WILL happen) Vince is gonna get nailed for shyt too. By then he may either be dead or on his way out of the business leaving the blowback to his idiot daughter and doofus son-in-law.

Could this be a reason for the XFL relaunch?

 

[Beautiful Bobby Eatin]

Could this be a reason for the XFL relaunch?

Nah thats too high profile and he used his stock to fund it. Im talking donations and smaller businesses. Im positive Vince thinks he can compete with anyone doing anything he wants because he is a billionare megalomaniac and that he can get away with anything because he is a narcissist. Him winning that steroid trial was low key the worst thing to happen to WWE as it made him feel untouchable and infallible.