Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 29, 2014 12:04:57 GMT -5
Christ, I'm beginning to think that the board could vote 'no confidence' in Vince given the week the company's had. How are the WWE stocks looking?
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 29, 2014 12:05:10 GMT -5
I'm not a man of much words (since everyone has said what I was going to say about the current direction WWE is heading and how they build their stars) so I'll just leave this here. www.youtube.com/watch?v=YrS22HYW74Q
|
|
|
Post by Amazing Kitsune on Jan 29, 2014 12:05:10 GMT -5
You know, as many people as there are justifying this move over the validity of it, it doesn't take away from the idea that it's still a dick move on Punk's part. Depends on the realities of the situation. 99% of the time quitting out of the blue with no notice over something that is required of your job -is- a dick move. There's a 1% of the time that it's justified. Like Nailz, for example. He was just having a heated conversation with McMahon when all of a sudden Vince sexually assaulted him. Even though all of Vince's cronies obviously backed his side of the story, it's obvious that Nailz did the right thing by quitting and socking McMahon. Maybe this is another Nailz situation.
|
|
|
Post by CATCH_US IS the Conversation on Jan 29, 2014 12:07:15 GMT -5
Christ, I'm beginning to think that the board could vote 'no confidence' in Vince given the week the company's had. How are the WWE stocks looking? Stocks are actually pretty damn high. Currently they're at $21.74/share.
|
|
|
Post by Amazing Kitsune on Jan 29, 2014 12:07:33 GMT -5
Christ, I'm beginning to think that the board could vote 'no confidence' in Vince given the week the company's had. How are the WWE stocks looking? Not sure about today, but as of yesterday FAN's own, SEAN CARLESS, was still making lots of money, I think. I believe it hit a new high yesterday.
|
|
SEAN CARLESS
Hank Scorpio
More of a B+ player, actually
I'm Necessary Evil.
Posts: 5,770
|
Post by SEAN CARLESS on Jan 29, 2014 12:08:39 GMT -5
. But with the advent of the network, the traditional payoffs will likely be altered because the shows won't be bought for 60 dollars a month, but instead included in a flat 10 dollar a month commitment over 6 months. i.e. the exact same as just one PPV. And with that, WWE has yet to address if wrestlers will even continue to get payoffs, how that will be structured, or how low it might end up being based on the fact that only ten dollars will be made off a single person a month, as opposed to 60. The WWE weren't getting anywhere near $60 for a PPV sale. The PPV companies take a massive cut (around 50%) So the WWE are making $10 a month off people instead of $30 But then don't forget that at Royal Rumble they started showing Adverts between matches which I think they have started doing ready for the network, at the launch they stated "most" of the content would be ad-free, so you've gotta assume they'll be making up the difference by selling commercials during PPV's. Also they are banking on having more subscribers than the usual PPV buy rates. The workers PPV bonuses will probably be fine. It's actually around 30%, but I know what you're saying. That said, they need 2 million subscribers to even break even monetarily with the Network because of the MLB platform deal. Everyone assumes they will easy, but you have to consider the possibility that only 5% of WWE's total audience currently pays for anything, and others, who watch RAW, might just be casual viewers or people who simply watch it as a show. There are so many mitigating factors that could alter the WWE landscape and by proxy how the wrestlers will or won't be paid. WWE will be fine, as a company, because of said ad revenue and of course the very real possibility that USA doubles their rights fees. But thus far WWE has yet to tell anyone how bonuses and payoffs will be handled. Punk himself in that interview with Ariel Helwani basically admitted as much. WWE doesn't "have" to honor the previous arrangements if the platform itself is altered and it is. So there's a thread of panic in a good portion of the locker room right now -- bar the guys on top who will likely be taken care of regardless.
|
|
|
Post by Finish Uncle Muffin’s Story on Jan 29, 2014 12:09:07 GMT -5
Christ, I'm beginning to think that the board could vote 'no confidence' in Vince given the week the company's had. How are the WWE stocks looking? As much as it impacts fans, the general business community won't give a damn about this unless it somehow affects one of the following: 1.) Network subscriptions 2.) The negotiations around TV rights fees It's not going to impact those and if anything, the company stands to make *bank* in the months/years ahead.
|
|
|
Post by Friday Night SmackOwn on Jan 29, 2014 12:10:59 GMT -5
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 29, 2014 12:11:41 GMT -5
Christ, I'm beginning to think that the board could vote 'no confidence' in Vince given the week the company's had. How are the WWE stocks looking? As much as it impacts fans, the general business community won't give a damn about this unless it somehow affects one of the following: 1.) Network subscriptions 2.) The negotiations around TV rights fees It's not going to impact those and if anything, the company stands to make *bank* in the months/years ahead. Honestly, I could see both getting hit with some snags from this. The Network thing is a huge gamble to begin with just because they're expecting half their audience to pay for it and nowhere close to that's paying for the current model, and networks probably are going to be a little put off by being presented with this huge product that when you actually watch it just sees people screaming at you that it sucks and the people in charge are morons not giving them what they want.
|
|
|
Post by lildude8218 on Jan 29, 2014 12:12:15 GMT -5
if Punk had a concussion then that explains why he was wanting them to push Curtis Axel
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 29, 2014 12:13:21 GMT -5
Also, TMZ are making bold claims as to why he left and if he's returning. From WNSource:
|
|
|
Post by Friday Night SmackOwn on Jan 29, 2014 12:15:34 GMT -5
I thought he was okay with Batista coming in for a spell?
|
|
SEAN CARLESS
Hank Scorpio
More of a B+ player, actually
I'm Necessary Evil.
Posts: 5,770
|
Post by SEAN CARLESS on Jan 29, 2014 12:16:25 GMT -5
Christ, I'm beginning to think that the board could vote 'no confidence' in Vince given the week the company's had. How are the WWE stocks looking? Stocks are actually pretty damn high. Currently they're at $21.74/share. Yes, they are doing very well. The projection for the Network and the belief of the rights fees increase have brought it the highest levels in over a decade* *ching ching for me. All the B.s. creative stuff means nothing from a financial standpoint if there is money being made --or in this case, the projection that huge amounts will. However, come WrestleMania weekend, that could change if the Network orders come in under par. The thought is that there will be a slew of orders (and thus a slew of six month commitments) leading up to the event, then a likely cooling off after. WrestleMania is the hook. But if say only a million people sign up, that would be bad right now, due to the fact that they need twice that amount to cover start up charges and fees paid toward the MLB platform deal they've brokered to use their technology. In that case, I suspect the stock will drop.
|
|
Bo Rida
Fry's dog Seymour
Pulled one over on everyone. Got away with it, this time.
Posts: 24,152
Member is Online
|
Post by Bo Rida on Jan 29, 2014 12:16:27 GMT -5
Christ, I'm beginning to think that the board could vote 'no confidence' in Vince given the week the company's had. How are the WWE stocks looking? As much as it impacts fans, the general business community won't give a damn about this unless it somehow affects one of the following: 1.) Network subscriptions 2.) The negotiations around TV rights fees It's not going to impact those and if anything, the company stands to make *bank* in the months/years ahead. It could easily effect the value of the TV rights if the TV company and advertisers involved don't have confidence in WWE or don't want to be associated with a product that's viewed negatively. Don't get me wrong they'll still make a deal as it's a live product with a long-term history of relatively good ratings but if may effect the value of the deal as WWE would be negotiating from a weakened position. And fans who don't like the current direction of the company may not be that quick to get a subscription, especially if their are issues at the launch (be they tech issues or content related).
|
|
|
Post by Widow's Peak on Jan 29, 2014 12:17:12 GMT -5
You know, as many people as there are justifying this move over the validity of it, it doesn't take away from the idea that it's still a dick move on Punk's part. It honestly depends on the circumstances. If it was Punk's general moodiness, then yes, it was a dick move. If he's legit hurt and burned out, he's probably being less of a dick by going home than he would be by phoning it in and going through the motions. I'm really intrigued by this concussion theory. I have know way of knowing if the story is legit, but it sounds very plausible. Also, TMZ are making bold claims as to why he left and if he's returning. From WNSource: Sounds like TMZ Sources = this thread.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 29, 2014 12:17:15 GMT -5
I don't believe TMZ.
Judging Punk's Wizard World Q and A the other day it is less about himself. Punk said he is friends with Batista but it was Bryan's year and he should have that spot. Sure he might upset about himself but believe it or not he is thinking about others as well.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Jan 29, 2014 12:17:46 GMT -5
Stocks are actually pretty damn high. Currently they're at $21.74/share. Yes, they are doing very well. The projection for the Network and the belief of the rights fees increase have brought it the highest levels in over a decade* *ching ching for me. All the B.s. creative stuff means nothing from a financial standpoint if there is money being made --or in this case, the projection that huge amounts will. However, come WrestleMania weekend, that could change if the Network orders come in under par. The thought is that there will be a slew of orders (and thus a slew of six month commitments) leading up to the event, then a likely cooling off after. WrestleMania is the hook. But if say only a million people sign up, that would be bad right now, due to the fact that they need twice that amount to cover start up charges and fees paid toward the MLB platform deal they've brokered to use their technology. In that case, I suspect the stock will drop. I'd figure regardless stock price will drop in the days leading up to the Network actually launching, and probably for the next week or two afterward. Kind of the standard any time a business starts off on something new.
|
|
Jonathan Michaels
Bill S. Preston, Esq.
The Archduke of Levity
Here since TNA was still kinda okay
Posts: 18,522
|
Post by Jonathan Michaels on Jan 29, 2014 12:18:21 GMT -5
Christ, I'm beginning to think that the board could vote 'no confidence' in Vince given the week the company's had. How are the WWE stocks looking? Stocks are actually pretty damn high. Currently they're at $21.74/share. Wow, I thought it usually fluctuated between $9 and $16 a share, if it's at almost $22, no wonder they think they're doing the right thing.
|
|
kidglov3s
Bill S. Preston, Esq.
Wants her Shot
Who is Tiger Maskooo?
Posts: 15,870
|
Post by kidglov3s on Jan 29, 2014 12:18:42 GMT -5
Stocks are actually pretty damn high. Currently they're at $21.74/share. Yes, they are doing very well. The projection for the Network and the belief of the rights fees increase have brought it the highest levels in over a decade* *ching ching for me. All the B.s. creative stuff means nothing from a financial standpoint if there is money being made --or in this case, the projection that huge amounts will. However, come WrestleMania weekend, that could change if the Network orders come in under par. The thought is that there will be a slew of orders (and thus a slew of six month commitments) leading up to the event, then a likely cooling off after. WrestleMania is the hook. But if say only a million people sign up, that would be bad right now, due to the fact that they need twice that amount to cover start up charges and fees paid toward the MLB platform deal they've brokered to use their technology. In that case, I suspect the stock will drop. Then it will be time to advise my clients to put everything they've got into canned goods and shotguns.
|
|
SEAN CARLESS
Hank Scorpio
More of a B+ player, actually
I'm Necessary Evil.
Posts: 5,770
|
Post by SEAN CARLESS on Jan 29, 2014 12:25:05 GMT -5
Stocks are actually pretty damn high. Currently they're at $21.74/share. Wow, I thought it usually fluctuated between $9 and $16 a share, if it's at almost $22, no wonder they think they're doing the right thing. Playing devil's advocate to that, the rise has zero to do with their flawed creative direction, but rather the financial community believing the hyperbole of A) a Netflix-esque service drawing from a huge viewing base of a potential 5 million people, plus lapsed fans who come back for older content and B) WWE's projection that they will receive at least double the rights fees from USA (or someone else negotiating).
|
|