The W
Views: 100264734
Main | FAQ | Search: Y! / G | Calendar | Color chart | Log in for more!
31.10.14 0502
The W - Pro Wrestling - WWE Stock Turmoil (Page 2)
This thread has 29 referrals leading to it
Register and log in to post!
Thread rated: 5.48
Pages: Prev 1 2
(217 newer) Next thread | Previous thread
User
Post (34 total)
Matt Tracker
Scrapple








Since: 8.5.03
From: North Carolina

Since last post: 13 hours
Last activity: 6 hours
#21 Posted on | Instant Rating: 8.91
    Originally posted by lotjx
      Originally posted by Matt Tracker
      How do toy sales figure in? They have sizable areas in the toy section at Target and Wal-Mart. They have literally their own aisle at my local Toys R Us. Even the Star Wars and Marvel toys don't have the same level of representation.


    I would say not as much as you think. You have to realize Mattel is probably making the real profit off of that. Most of the time properties just lease the license. I would expect the WWE does get some extra profit on the sales on top of the licensing.


I suppose that's my question: How desirable is the license? Department stores carry the wrestling shirts (and Hot Topic, however that's classified). There's the annual video game too. There's a marketing presence beyond the WWE's own storefronts.



"To be the man, you gotta beat demands." -- The Lovely Mrs. Tracker
Tenken347
Boudin blanc








Since: 27.2.03
From: Parts Unknown

Since last post: 1 day
Last activity: 19 hours
#22 Posted on | Instant Rating: 5.68
    Originally posted by Hogan's My Dad
    Kind of seems like they got what they deserved. Vince has always, at heart, been a carny. Seeing him in any mainstream media capacity where he's challenged instead of grovelled to is proof enough of that. They've lied about their numbers for years, counting all hours of RAW and all hours of Smackdown separately to jack up their viewership numbers to some absurd figure. That this tactic tricked both major American political parties and some of the more gullible news publications for as long as it did is in retrospect more sad than funny.


I mean, yeah, Vince is basically a con man (like all wrestling promoters). On the other hand, so are a lot of successful business guys. I think this is only meaningful if Vince somehow completely gives up the game with his shareholders, but even that wouldn't be the end of the world. As it stands, this is likely to turn into a very long shell game regarding how much money is being made (or lost) and when and by whom, and in the end very, very, very little about what you or I perceive in the product is going to change.

(edited by Tenken347 on 20.5.14 1311)
lotjx
Scrapple








Since: 5.9.08

Since last post: 18 hours
Last activity: 8 hours
#23 Posted on | Instant Rating: 1.33
    Originally posted by Matt Tracker
      Originally posted by lotjx
        Originally posted by Matt Tracker
        How do toy sales figure in? They have sizable areas in the toy section at Target and Wal-Mart. They have literally their own aisle at my local Toys R Us. Even the Star Wars and Marvel toys don't have the same level of representation.


      I would say not as much as you think. You have to realize Mattel is probably making the real profit off of that. Most of the time properties just lease the license. I would expect the WWE does get some extra profit on the sales on top of the licensing.


    I suppose that's my question: How desirable is the license? Department stores carry the wrestling shirts (and Hot Topic, however that's classified). There's the annual video game too. There's a marketing presence beyond the WWE's own storefronts.


Probably not as it once was. Hot Topic and Toys R US and other stores that carry the WWE usually carry other licenses too. I mean Invader Zim has been gone for years and there is till T-Shirts you can get at Hot Topic. Also, if you look at the quality of what Mattel is putting out to Jakk, its a bit of a deep step. I also think WWE may not have been in the best situation considering what happen to Jakk when they were leaving them. Same thing goes with the video game.





http://comicbookspotlight.wordpress.com/





Now reviewing Shield, Arrow and the summer movies from Godzilla to X-Men to Guardians.
BigDaddyLoco
Scrapple








Since: 2.1.02

Since last post: 19 hours
Last activity: 7 hours
#24 Posted on | Instant Rating: 4.75
Speaking about cannibalization, haven't they killed off what was once a big money maker for them in DVD/Blu Ray sales? I can't see the Wrestle Mania 30 super pack being a big seller.

They probably didn't milk that cow enough. They should have been churning out ECW Hardcore TV and Clash of the Champions compilation sets. Maybe even reissuing old WCW PPVs with extras and back stories from those who were there.

People might still buy a well put together story on DVD like Jake Roberts, Randy Savage or Scott Hall with some matches, but at the same time if they did one of these a month like ESPN does 30 for 30 wouldn't that help The Network?

Kevintripod
Boudin blanc








Since: 11.5.03
From: Mount Pleasant, Pa.

Since last post: 21 hours
Last activity: 13 hours
AIM:  
#25 Posted on | Instant Rating: 6.12
http://www.inquisitr.com/1259569/wwe-news-vince-mcmahon-loses-350-million-in-one-day-could-be-forced-out-as-ceo/

Vince McMahon Loses $350 Million In One Day, Could Be Forced Out As CEO


Vince McMahon became a billionaire by growing the WWE into a global powerhouse over the last few decades, but the company’s chairman and CEO reportedly lost much of that fortune in the span of 24 hours.

Now he may be losing much more.

The giant hit to McMahon’s net worth came this week as fears over WWE’s new online streaming network combined with a lackluster new television deal sent the company’s stock plummeting.

The television deal with NBCUniversal to keep hit shows Raw and Smackdown is worth a reported $150 million, short of the close to $500 million some thought the deal could garner. The WWE’s streaming network is also off to a slow start, gaining only 700,000 subscribers.

The WWE will lose between $45 million and $52 million this year, analysts believe, leading to a mutiny among investors.

“In general, WWE investors remain highly skeptical of management,” said analyst Brad Safalow of PAA Research. “Over the past 5-6 weeks the company’s initial Network subscriber numbers and the mark to market on the domestic TV rights fees both fell short of expectations.”

The bad news led the WWE to lose big with investors. The company’s stock dropped 40 percent on Friday, falling to $11 from $20. The big loss meant that Vince McMahon personally lost about $350 million, dropping his net worth to an estimated $750 million.

“The company’s valuation could take a heavy beating this morning, as the new domestic TV deal with NBCUniversal likely disappointed investors,” wrote Benchmark analyst Mike Hickey in a report downgrading the price target for the company’s stock.

The WWE news is devastating for Vince McMahon, whose net worth peaked at $1.6 billion just a few months ago.

There could be more bad WWE news on the way. While Vince McMahon has tried to placate investors in a recent conference call, there are rumors that management changes could be on the way.

There have been signs of trouble for months. Lemelson Capital Management in April recommended that investors short-sell WWE stock and recently announced they had invested in WWE and were calling on the company’s board of directors to replace the executive management team.

After already losing $350 million, WWE CEO Vince McMahon may soon lose his job and possibly his freedom. There is reportedly an investigation being launched to see if WWE executives broke the law when they promised investors they would double domestic television rights fees, but then failed to deliver.







"You have enemies? Good. That means you've stood up for something, sometime in your life." - Winston Churchill
CRZ
Big Brother
Administrator








Since: 9.12.01
From: ミネアポリス

Since last post: 13 hours
Last activity: 3 hours
AIM:  
ICQ:  
Y!:
#26 Posted on | Instant Rating: 9.10
Your unsourced article with no byline does not change my firm belief that a man who owns 80% of the votes will never get voted out of his CEO position so long as he can exercise those votes.



Mike Zeidler
Pepperoni








Since: 27.6.02

Since last post: 79 days
Last activity: 38 days
#27 Posted on | Instant Rating: 3.42
I'm guessing Vince takes it private before that is even CLOSE to a possibility.

(edited by Mike Zeidler on 21.5.14 1203)


"Tattoos are the mullets of the aughts." - Mike Naimark



"Don't stop after beating the swords into ploughshares, don't stop! Go on beating and make musical instruments out of them. Whoever wants to make war again will have to turn them into ploughshares first" - Yehuda Amichai
lotjx
Scrapple








Since: 5.9.08

Since last post: 18 hours
Last activity: 8 hours
#28 Posted on | Instant Rating: 1.33
    Originally posted by Mike Zeidler
    I'm guessing Vince takes it private before that is even CLOSE to a possibility.

    (edited by Mike Zeidler on 21.5.14 1203)


I would think taking it back to private, he is going to have give those stock holders something back for those stocks. It may not be financially realistic to do that. Even if Vince is not voted out which I agree he won't, I would be more concerned about the now multiple investigations into this matter.



http://comicbookspotlight.wordpress.com/





Now reviewing Shield, Arrow and the summer movies from Godzilla to X-Men to Guardians.
CRZ
Big Brother
Administrator








Since: 9.12.01
From: ミネアポリス

Since last post: 13 hours
Last activity: 3 hours
AIM:  
ICQ:  
Y!:
#29 Posted on | Instant Rating: 9.10
    Originally posted by lotjx
    Even if Vince is not voted out which I agree he won't, I would be more concerned about the now multiple investigations into this matter.
Vince isn't.

WHAT investigations? There's been one press release from Lemelson.



Mike Zeidler
Pepperoni








Since: 27.6.02

Since last post: 79 days
Last activity: 38 days
#30 Posted on | Instant Rating: 3.42
There's two nuisance "fact finding missions" from financial ambulance chasers that won't go anywhere



"Tattoos are the mullets of the aughts." - Mike Naimark



"Don't stop after beating the swords into ploughshares, don't stop! Go on beating and make musical instruments out of them. Whoever wants to make war again will have to turn them into ploughshares first" - Yehuda Amichai
Kevintripod
Boudin blanc








Since: 11.5.03
From: Mount Pleasant, Pa.

Since last post: 21 hours
Last activity: 13 hours
AIM:  
#31 Posted on | Instant Rating: 6.12
 
Vince McMahon Should Pull The Plug On The WWE Network, Says Some WWE Officials 
 
 
Vince McMahon should pull the plug on the entire WWE network in order to save the company and stop the fall of the WWE stock according to rumors leaking out about the mood of the WWE executives at the moment.
 
 
In a related report by The Inquisitr, Mick Foley says Vince McMahon, Triple H, and Stephanie McMahon should hide for a while to keep the WWE stock from tanking further. But McMahon’s WWE ownership is so high he cannot be forced out of the company as some have claimed might be possible. Vince retains 81 percent of voting shares stemming from his personal ownership of 57 percent of class A shares, and 87 percent of preferred voting class B. But while it’s said he doesn’t care too much about losing $350 million in one day Vince is supposedly being driven “absolutely crazy” about how so much attention has been given to the recent WWE stock drop.
 
The latest rumor about Vince McMahon killing off the WWE Network comes from Mike Johnson of PWInsider.com, who is reported to have described the situation this way:
 
“The mood is so bad… that some people within WWE were even openly speculating that Vince McMahon may have to pull the whole plug on the WWE Network soon, to stop the bleeding before it gets out of control.”
 
But is this even a real possibility or is this just a case of WWE officials venting their frustration? After all, the WWE originally wanted to have one million WWE Network subscribers by time WrestleMania 30 rolled around, but in reality they only reached about two-third of that goal. The reason the WWE stock rose is because they convinced investors they could reach two million WWE fans based upon the assumption that 52 million households have an “affinity” for the WWE, which means they just had to convince around four percent to sign up. The good news is that, based upon our own estimates, the number of WWE Network subscribers could reach the first magical number by year’s end. We also believe that a WWE Network free trial which includes a PPV event could be the method by which fans are convinced to sign up.
 
Still, Vince McMahon has not been doing that great of a job convincing investors he’s right about his business plan. Earlier this week the WWE gave an investor conference call which included both Vince and Chief Strategy & Financial Officer George Barrios. McMahon admitted that launching the WWE Network right before WrestleMania 30 probably hurt negotiations with NBC Universal, but he felt they needed to launch then or wait another year until right before WrestleMania 31. At this point they’re shooting for 1.5 million subscribers in 2015, which is important because it was previously estimated the break-even point was one million.
 
This brings up an interesting point because the profitability of the WWE Network is influenced by the NBC deal, which took the WWE from $90 million to $150 million. Although the increased cost of maintaining the WWE Network streaming platform caused the WWE to post a first quarter loss of $8 million in 2014, the new TV deal increases the WWE income by about $60 million per year, which is a very significant 70 percent raise. Previously, the WWE Network would have lost them around $20 to $30 million for the year based upon the assumption that their subscriber numbers increased at a slow rate during the remainder of 2014. Now the WWE might expect to profit around $30 to $40 million, which gives the WWE Network a lot of breathing room.
 
Of course, these rough estimates assume that WWE fans keep their membership after the initial six months are up. Many fans have expressed how upset they are at the current limitations of the WWE Network app, with the most notable being how even Hulu Plus gives easier access to Monday Night RAW and Smackdown than the WWE’s own platform. But even if the WWE doesn’t reach 1.5 million subscribers as expected, the NBC deal should keep their budget in the black.
 
 
 
 






"You have enemies? Good. That means you've stood up for something, sometime in your life." - Winston Churchill
CRZ
Big Brother
Administrator








Since: 9.12.01
From: ミネアポリス

Since last post: 13 hours
Last activity: 3 hours
AIM:  
ICQ:  
Y!:
#32 Posted on | Instant Rating: 9.10
Please, I'm begging you - you gotta stop dragging this Inquisitr "news" over here. Once again, there's no byline, all the "news" that isn't pure speculation is second-hand - if that - and for God's sake they can't even use correct grammar in their HEADLINE. This is nothing but clickbait garbage and I really really really don't want to see it over here. (Especially twice in the same thread!)



Hokienautic
Liverwurst








Since: 2.1.02
From: Blacksburg VA

Since last post: 17 hours
Last activity: 7 hours
#33 Posted on | Instant Rating: 6.90
    Originally posted by CRZ
    Please, I'm begging you - you gotta stop dragging this Inquisitr "news" over here. Once again, there's no byline, all the "news" that isn't pure speculation is second-hand - if that - and for God's sake they can't even use correct grammar in their HEADLINE. This is nothing but clickbait garbage and I really really really don't want to see it over here. (Especially twice in the same thread!)


Though it was quite humorous to read "as some have claimed might be possible" in the second article -- knowing that they were referencing THEIR OWN ARTICLE.
Kevintripod
Boudin blanc








Since: 11.5.03
From: Mount Pleasant, Pa.

Since last post: 21 hours
Last activity: 13 hours
AIM:  
#34 Posted on | Instant Rating: 6.12
    Originally posted by CRZ
    Once again, there's no byline, all the "news" that isn't pure speculation is second-hand


Ok ok ok, won't happen again.

In my defence, Yahoo news posted this article on their homepage, so I figured it had to be somewhat legit. And there was a quote in the article from Mike Johnson of PWInsider.com

And aren't there quite a few posts on this messageboard that deal in speculation and information that was given second hand?









"You have enemies? Good. That means you've stood up for something, sometime in your life." - Winston Churchill
Pages: Prev 1 2
Thread rated: 5.48
Pages: Prev 1 2
Thread ahead: Most Watched Shows Last Week on WWE Network (week ending 5/25)
Next thread: CHIKARA: You Only Live Twice iPPV
Previous thread: RAW #1095: 05-19-2014
(217 newer) Next thread | Previous thread
Heel heat of the night easily goes to Mighty Ducks goalie Jean-Sebastien Giguere, who was booed off the ice upon winning the Conn-Smythe trophy in New Jersey tonight. Class fucking act, New Jersey.
- Mr Heel II, Raw 6-9-03 (2003)
Related threads: WWE staying with USA/SyFy - Happy Mother's Day from the WWE - WWE video of Connor The Crusher - More...
The W - Pro Wrestling - WWE Stock Turmoil (Page 2)Register and log in to post!

The W™ message board

ZimBoard
©2001-2014 Brothers Zim

This old hunk of junk rendered your page in 0.524 seconds.