segaz
Samurai Cop
Posts: 2,381
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Post by segaz on Oct 28, 2019 7:02:13 GMT -5
I mean. We all saw this coming here. They got the FOX deal and all of us were like, "Oh, that's not gonna end well." The thing is they have all the talent in the world. In-ring, writing staff, everything. There's a bottleneck keeping them from properly succeeding with what they have right now long term, and that's Vince McMahon entertaining himself and paying people to tell him he's a genius. Honestly, it does make me a little.. I don't know if I'd say happy, this kind of story. All the times wrestlers talk about how the fans should just be happy, don't know anything etc. Pretty much all of us saw this coming and it is a little bit satisfying to have people in the field backing us up. I would be happier being snarkily positive saying "what?? This worked out only because of x and y, it's good and popular in a way I didn't expect or even really like" Rather than going "see? I TOLD y'all this was gonna fail!" |
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capri
Mike the Goon
Posts: 31
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Post by capri on Oct 28, 2019 7:46:21 GMT -5
There's room for growth in the WWE stock price, I'd agree with the second person interviewed on that that WWE is going to climb higher.
Specifically is the Indian and Middle Eastern deals. India is such a massive and growing market for WWE that the new TV deal will easily outstrip the value of the previous one and perhaps even by a few hundred percent. It's hard to really explain the goldmine that India is becoming for WWE.
The Middle Eastern deal will be boosted by the successes of Crown Jewel and their Middle Eastern tours, as well as by them starting to turn out some Middle Eastern wrestlers from their development systems.
Obviously a large portion of the profits for 2020 are already solidly locked in. With all that added together, as well as the new promotional avenues from Fox and NBC, as well as the hope that the "Wednesday Night War" will put a few more eyeballs on wrestling in general, I'd certainly suggest the company is in a good place going forward.
Wrestling fans always seem to think that the stock price is tied to what the hardcore wrestling audience thinks of the product and that's just not the case. Profitability isn't won by catering to the audience of people like us on these boards, which is why smaller companies always tend to fail.
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