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Post by Joe Neglia on Apr 23, 2020 15:47:01 GMT -5
Just a note - the report is out now, but the conference call is in 15-ish minutes.
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Post by Bang Bang Bart on Apr 23, 2020 15:48:38 GMT -5
WM (economic part) is NOT included in the 1st Quarter report. The next one in July will be the real deal about the $$$$ impact My question is, what possible impact would there be that would be a big factor besides WrestleMania? They seem to have their TV deals intact, there’s no indication merch isn’t being sold anymore and if anything, the fact they aren’t doing live events right now saves them more money than it loses. It might be less than expected, sure, but there’s nothing right now that reads enough to justify cutting a bunch of people. Not saying you personally were saying that, just pointing it out. Three months is certainly a long time, and with how unpredictable the pandemic is, it could cause even more upheaval by the time July rolls around. |
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Post by eJm on Apr 23, 2020 15:50:11 GMT -5
My question is, what possible impact would there be that would be a big factor besides WrestleMania? They seem to have their TV deals intact, there’s no indication merch isn’t being sold anymore and if anything, the fact they aren’t doing live events right now saves them more money than it loses. It might be less than expected, sure, but there’s nothing right now that reads enough to justify cutting a bunch of people. Not saying you personally were saying that, just pointing it out. Three months is certainly a long time, and with how unpredictable the pandemic is, it could cause even more upheaval by the time July rolls around. Oh sure, but outside of Florida getting a backbone and retracting its easing of restrictions and removing sports and WWE as “essential workers”, I can’t really see a way that would happen. Because that’s honestly the only way that could happen. |
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Post by GuyOfOwnage on Apr 23, 2020 15:56:10 GMT -5
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fw91
Patti Mayonnaise
FAN Idol All-Star: FAN Idol Season X and *Gavel* 2x Judges' Throwdown winner
Tribe has spoken for 2024 Mets
Posts: 39,048 
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Post by fw91 on Apr 23, 2020 15:59:24 GMT -5
apparently its a strong first quarter.
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Post by Joe Neglia on Apr 23, 2020 17:02:34 GMT -5
Okay, not where I can listen to the conference call still going on at the moment but can someone give me some context for this?
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dbrussel
Don Corleone
Former WOW employee
Posts: 1,800
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Post by dbrussel on Apr 23, 2020 17:10:12 GMT -5
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Post by eJm on Apr 23, 2020 17:18:44 GMT -5
Ok, I need to stop looking at this stuff because this quote alone has me so mad.
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Post by Limity (BLM) on Apr 23, 2020 19:34:25 GMT -5
That Vince quote "Cash is king."
I'm imagining him in full power suit and tie, bidding on storage units in Burbank.
"A hundred bucks, pal!"
"YUUUUUUUUUUUUUUP."
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Post by GuyOfOwnage on Apr 23, 2020 20:49:45 GMT -5
That...that last sentence. I can't even...
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Post by DrBackflipsHoffman on Apr 23, 2020 21:05:58 GMT -5
I honestly think HHH's bioscience sword invention needs it's own discussion
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Post by HMARK Center on Apr 23, 2020 21:33:23 GMT -5
Ok, I need to stop looking at this stuff because this quote alone has me so mad. Right: it was 100% about upping the stock price by a few pennies a share. Hopefully people remember this. |
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Mozenrath
FANatic
Foppery and Whim
Speedy Speed Boy
Posts: 121,121
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Post by Mozenrath on Apr 23, 2020 21:36:18 GMT -5
Funny thing is, if they made those same cuts and there was no virus going around, nobody would blink because, honestly, there were cuts that needed to be made just for sheer roster bloat (and in some cases, irresolvable creative differences). Instead, most of those talents are now one real bad break away from welfare cheques. Cuts happen, sure, but I don't think WWE could release 50+ people in a week or two timespan at any point in its history and for it not to seem brutal, but especially when they have nowhere to go. |
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Post by Tenshigure on Apr 24, 2020 7:27:32 GMT -5
Ok, I need to stop looking at this stuff because this quote alone has me so mad. Right: it was 100% about upping the stock price by a few pennies a share. Hopefully people remember this. They will, but those people don't typically make money off of the stock market. Ethics be damned, ignore the morality and make that money! Cash is king! ...yeah, if people cared about what companies did to their employees, the large corporations wouldn't have as nearly as much pull as they unfortunately do. People will be angry about it while still tuning into their programming and paying for their shows. |
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Deleted
Deleted Member
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Post by Deleted on Apr 24, 2020 7:28:42 GMT -5
There's the first quarter and then there's the McMahon quarter.  |
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Jonathan Michaels
Bill S. Preston, Esq.
The Archduke of Levity
Here since TNA was still kinda okay
Posts: 18,181
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Post by Jonathan Michaels on Apr 24, 2020 7:47:15 GMT -5
Is that quote from Vince about “Strong men running around in their underwear” accurate?
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thechase
King Koopa
Posts: 11,713
Member is Online
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Post by thechase on Apr 24, 2020 7:53:15 GMT -5
"Cash Is King"
Vince just stole a potential Bischoff book title
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Apr 24, 2020 11:18:42 GMT -5
That...that last sentence. I can't even... Inspiring Vinny.  Damn it. |
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El Pollo Guerrera
Grimlock
His name has chicken in it, and he is good at makin' .gifs, so that's cool.
Status: Runner
Posts: 14,737
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Post by El Pollo Guerrera on Apr 24, 2020 11:31:00 GMT -5
Okay, not where I can listen to the conference call still going on at the moment but can someone give me some context for this? What happened with this? Anyone know yet? |
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Gus Richlen Was Wrong
Patti Mayonnaise
Metal Maestro: Co-winner of the FAN Idol Throwdown!
Fun while it lasted
Posts: 38,508
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Post by Gus Richlen Was Wrong on Apr 24, 2020 16:31:14 GMT -5
And WWE's stock closed the week at 44.79.
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Damn it.
