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

[The Rainmaker]

Time to bring CEO Austin back and let him become CFO

 

[stro]

USA Network fleecing the fukk out of WWE.

If they got NXT for free dawg......

They way, way, way overpaid for Raw, Vince giving NXT for free is not even a drop in the bucket.

 

[Tommy Lee Jones]

 

[Norrin Radd]

Sounds about white.

 

[julesocean]

I believe the chance is over, and if you didn't own and dump already, it's not smart to buy WWE right now. Not at least for a month to see how everyone is going to respond longer term. As well as if the WWE makes any more knee jerk reactions, could shake even more holders. I think a decline to 45 is totally realistic.

Despite what the product has been, these two have done a tremendous job considering, giving them successful transitions into social media GIANTS (check the stats) like instagram, twitter, youtube. The same platforms they tout the stats and numbers of every week on the show (for a reason). And also the launch and improvement of the WWE Network, which tripled their stock, and went on to 4 back to back record revenue years, despite the on screen product continuing to dwindle with fans.

This is tragic news for WWE, Michelle has been involved with WWE since the XFL. And her past includes marketing jobs with the NFL, NBA, WNBA, NASCAR, and TENNIS. Her goal is to be or see a woman become the first female commissioner of a major sports league, and landed 8th among the top 10 Most powerful women in US Sports.

Price has now hit 45 like I predicted

 

[Norrin Radd]

We noted before that the timing of the announcement was very interesting as WWE is scheduled to report their fourth quarter and full 2019 earnings report next Thursday. PWInsider notes that this makes it clear that Vince isn't happy with how things were going for the company, and he felt like it was time for a change. There's a very small circle of people who know exactly what went down and it's likely that the full situation and how it did go down won't be known for a long time, due to corporate non-disclosures and severance packages. It's believed that both Wilson and Barrios will receive a seven-figure severance package.

There has been a lot of speculation and some conspiracy theories about why Barrios and Wilson are gone, but word is that the main reason they're out is that they and Vince had completely different visions as to how WWE could generate revenue, new and existing revenue, moving forward.

One employee joked to PWInsider, "It's never going to be Vince who loses that argument."

 

[Lootpack]

#nWg

 

[julesocean]

Seven figure severance and the WWE clout, both of them are going to be fine, if not better away from WWE.

 

[Bryan Danielson]

Former WWE Employee Shares Crazy George Barrios Story



By a private jet for the top 5 heads of the company, HHH and Cena instead of purchasing better parking to benefit your employees brehs

Sounds about white.

 

[Brehcepticon]

Price has now hit 45 like I predicted

 

[FromStLouis]

I believe the chance is over, and if you didn't own and dump already, it's not smart to buy WWE right now. Not at least for a month to see how everyone is going to respond longer term. As well as if the WWE makes any more knee jerk reactions, could shake even more holders. I think a decline to 45 is totally realistic.

Despite what the product has been, these two have done a tremendous job considering, giving them successful transitions into social media GIANTS (check the stats) like instagram, twitter, youtube. The same platforms they tout the stats and numbers of every week on the show (for a reason). And also the launch and improvement of the WWE Network, which tripled their stock, and went on to 4 back to back record revenue years, despite the on screen product continuing to dwindle with fans.

This is tragic news for WWE, Michelle has been involved with WWE since the XFL. And her past includes marketing jobs with the NFL, NBA, WNBA, NASCAR, and TENNIS. Her goal is to be or see a woman become the first female commissioner of a major sports league, and landed 8th among the top 10 Most powerful women in US Sports.

 

[julesocean]

LOL I didn't even spot that. Tout was definitely a failure of a deal.

 

[the_FUTURE]

Vince ain't letting the company live once he passes. He'll take it with him.

 

[Mr. Negative]

theyre down a billion in market value

 

[Hey_zeus]

Uh oh.