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Post by Finish Uncle Muffin’s Story on May 21, 2018 13:30:09 GMT -5
Raw is stil worth $400M a year, this deal is multi year, so only really $200M a year. Raw will still be the A show With this deal, the era of A show vs. B show is over. Both shows are incredibly valuable to WWE - by 2021, over half-a-billion dollars of WWE revenue will come from rights fees. Right now it's like 1/5th of that. This changes everything that we thought we knew about live events, Network events and television. |
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Post by 1 Free Moon-Down with Burger on May 21, 2018 13:30:22 GMT -5
So all in all, WWE’s got a lot of financial wiggle room to work with. If their creative doesn’t improve or Smackdown on Fox has a bunch of boring feuds, they won’t be going out of business any time soon but they’ll have spoiled a major opportunity. But if they can find an over superstar who could be that fresh ace, and if they give them some strong challengers, they’re going to reap plenty of rewards. TRIPLE H, YOU SAY?! |
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cjh
Hank Scorpio
Posts: 6,899
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Post by cjh on May 21, 2018 13:30:56 GMT -5
Again, the only thing you can do if SD has to be live on Fridays is do Raw on Thursday. I'm not sure if WWE would want to hire a whole second TV crew because the whole idea here is that they're going to make more money while spending the same. The Cost of getting a second crew is like at most gotta be 10 million dollars. That’s a drop in the bucket when you’re getting 200 Million a year for 5 years. It just isn’t that big of a deal. I don't know. In January 1998, Turner Broadcasting tried something like this with WCW when Thunder debuted, and it lasted 7 months before they started taping two Thunders at a time to save money, even though WCW's revenue that year was its best ever. |
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MiLB Fan
Fry's dog Seymour
Posts: 20,566 
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Post by MiLB Fan on May 21, 2018 13:31:08 GMT -5
So, non-American here, I know of FOX (Simpsons home, and drawing a swift veil over their internationally famous news channel), but I know NBC too. How much of a bigger deal is this for the WWE? Huge deal. First reason, Fox is a national broadcast station, they have insane money to spend. Disney is currently in a bidding to buy Fox, I don’t know how much this will relate to WWE, but Disney has even more to spend. Now, back to the national broadcast station, they’re a basic channel network. Anybody with an antenna can get a Fox broadcast, as opposed to USA which is a Cable subscription based network. As well, if Fox puts this on their basic network, it will draw NBC/Universal (Who still owns the rights to Raw) to do the same with their basic Chanel, especially if it proves great results for the Fox network. If that happens with Raw, I’m pretty sure that comes with a new line of negotiation between NBC/Universal and WWE, which would mean more money for WWE. Basically, things are looking up right now for WWE Corporate and Stockholders. I don’t think Disney will factor into this deal since the Fox broadcast channels aren’t part of the proposed package that Disney is getting. Some Fox assets are off-limits for Disney and will be controlled by a new company. Someone mentioned the possibility of Smackdown airing on FS1 should it need to be preempted; Disney isn’t getting that either. |
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Post by The Captain on May 21, 2018 13:32:16 GMT -5
It's amazing for WWE from a business standpoint.
For pro wrestling in general, I don't see how WWE's virtual monopoly getting even stronger is anything but harmful for everyone else. Wrestling was at its best when you had two major companies, WWE and WCW, slogging it out for fans and ratings (and the ratings for both Raw and Nitro during those days dwarf anything Raw or SDL does these days). Competition is great for an industry and this move hurts competition. It also hurts the dominant company's creative output as they have little incentive to actually improve their product.
As for how this will last for the rest of our lives, eh. Never say never, especially when greed and lots of money are involved.
No company is ever going to compete with WWE at this point. So, just them being there insures that the pro wrestling business continues on in some form. If WWE were to fail, it isn’t going to be something that would benefit another wrestling company, it would just kill the business as a whole. And as long as WWE continues on, other companies will continue for people to ply their trade. Again, never say never. WWE is entrenched now, but all it took was one sugar daddy with bottomless pockets to make WCW into a dominant promotion. Who's to say that won't happen again in our lifetimes, especially since for many of us that's at least fifty years? A lot can happen in that time. |
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Post by Raw is Doodie101 on May 21, 2018 13:32:28 GMT -5
Raw is stil worth $400M a year, this deal is multi year, so only really $200M a year. Raw will still be the A show 200 Million a year plus broadcast TV. They’re both the A shows going forward. |
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Jonathan Michaels
Bill S. Preston, Esq.
The Archduke of Levity
Here since TNA was still kinda okay
Posts: 18,612
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Post by Jonathan Michaels on May 21, 2018 13:32:31 GMT -5
Meanwhile, on May 24, 2017, WWE stock was at $19.75
Right this second, as I type, it’s $58.70
It has almost TRIPLED in a year.
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Post by Raw is Doodie101 on May 21, 2018 13:33:30 GMT -5
The Cost of getting a second crew is like at most gotta be 10 million dollars. That’s a drop in the bucket when you’re getting 200 Million a year for 5 years. It just isn’t that big of a deal. I don't know. In January 1998, Turner Broadcasting tried something like this with WCW when Thunder debuted, and it lasted 7 months before they started taping two Thunders at a time to save money, even though WCW's revenue that year was its best ever. WCW wasn’t getting a billion dollars in TV rights. |
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rocket
Don Corleone
Posts: 1,801
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Post by rocket on May 21, 2018 13:33:50 GMT -5
Wasn't the whole point that Disney bought the production studio along with most of the cable networks with the exception of the main FOX channel, FOX News and FS1/FS2? As of now Disney apparently hasn’t bought anything, no deal has gone through. I know Comcast is trying to cut Disney’s throat in the deal. I also don’t know for sure what the deal was, if it was for Fox as a whole, and couple of their channels or just their movie department. Fox keeps the network, the broadcast stations they own, the national sports channels (re: FS1) and Fox News/Business. Everything else, including the movie/tv studios and their share of Hulu, goes to Disney. en.wikipedia.org/wiki/Proposed_acquisition_of_21st_Century_Fox_by_Disney#Assets |
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Deleted
Deleted Member
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Post by Deleted on May 21, 2018 13:34:08 GMT -5
Have a bad feeling about this.
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Legion
Fry's dog Seymour
Amy Pond's #1 fan
Hail Hydra!
Posts: 23,517
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Post by Legion on May 21, 2018 13:34:47 GMT -5
Raw is stil worth $400M a year, this deal is multi year, so only really $200M a year. Raw will still be the A show With this deal, the era of A show vs. B show is over. Both shows are incredibly valuable to WWE - by 2021, over half-a-billion dollars of WWE revenue will come from rights fees. Right now it's like 1/5th of that. This changes everything that we thought we knew about live events, Network events and television. Sure, but people are calling all these changes meaning Smackdown raiding Raw for a change, while instead, WWE is going to have to put more effort in building both, not resting on the same people. Maybe time to ditch Road Dogg and give Heyman a call. Try and reignite that 02-04 Smackdown feeling... |
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Post by The Captain on May 21, 2018 13:35:26 GMT -5
I don't know. In January 1998, Turner Broadcasting tried something like this with WCW when Thunder debuted, and it lasted 7 months before they started taping two Thunders at a time to save money, even though WCW's revenue that year was its best ever. WCW wasn’t getting a billion dollars in TV rights. WCW didn't need TV rights. Their owner also owned the television stations they aired on. |
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Deleted
Deleted Member
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Post by Deleted on May 21, 2018 13:36:20 GMT -5
A few thoughts:
Good deal for the WWE, insane deal for Fox.
Wrestling hasn’t had a major scandal in a while, with $$$ like this tossed around, I’d look for some skeletons to be revealed in a money grab. I fully expect the Me Too movement to eventually implicate Vince.
We all know that the XFL will be promoted on WWE television(because of course it will), how will the NFL react to FOX airing a show that hype up the XFL?
I guess now we know how the WWE can justify overpaying a scrub like Dolph Ziggler.
Lots of interesting variables at play here.
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jagilki
Patti Mayonnaise
Nobody notices him; No, we noticed him
f*** Cancer
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Post by jagilki on May 21, 2018 13:37:34 GMT -5
Fox huh?
So, it'll be cancelled after one season?
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Jonathan Michaels
Bill S. Preston, Esq.
The Archduke of Levity
Here since TNA was still kinda okay
Posts: 18,612
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Post by Jonathan Michaels on May 21, 2018 13:38:08 GMT -5
The Miz should go on tv tomorrow and take the credit, he’s so MUST SEE that Fox is giving them a billion dollars  |
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Post by abjordans on May 21, 2018 13:38:19 GMT -5
With these two deals, Raw and Smackdown are both going to HAVE to get better. This is the first time they could really do the Raw vs Smackdown rivalry and it really mean something and be a truer sense of competition. Both shows are going to be equally important going forward.
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rocket
Don Corleone
Posts: 1,801
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Post by rocket on May 21, 2018 13:39:19 GMT -5
Also since we're bringing up WCW didn't they plan to have something on NBC circa 1999?
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Deleted
Deleted Member
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Post by Deleted on May 21, 2018 13:41:16 GMT -5
It is gonna be really really f***ing interesting as it pretains to the Young Bucks and those guys as they are about to put on the biggest indy show of all time but ya know WWE especially now is gonna come at them with every single lining in their pocket.
Gonna be real interesting to see what wins over now with those guys because if WWE backs the literal brinks truck up and they are going to now and they take it that is a blow to any competition for atleast the next 5yrs if not more from ever rising up ever.
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Post by Richard on May 21, 2018 13:41:51 GMT -5
You just change the TV taping or add another crew. For a billion dollars, it isn’t that hard of a task. Again, the only thing you can do if SD has to be live on Fridays is do Raw on Thursday. I'm not sure if WWE would want to hire a whole second TV crew because the whole idea here is that they're going to make more money while spending the same. Fox is investing in live programming, especially on the weekends. They have the NFL on Thursdays, SDL on Friday, NCAA Football on Saturdays, and more NFL on Sundays. Throw in NASCAR coverage and the MLB and it is obvious they are trying to beat DVRs. There is no issue, nothing stopping WWE from running Mondays and Fridays live, especially with the amount they are getting paid. The money was what prevented them from doing it to start with. Hell, the schedules probably easier on them that way. Raw is stil worth $400M a year, this deal is multi year, so only really $200M a year. Raw will still be the A show One is available to 100% of the country and will be tied to the NFL and College Football and the other is getting more cash. At the very least, they are equals but the availability and promotion with the NFL is not something to be ignored. |
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Perd
Patti Mayonnaise
Leslie needs to butt out for fear of receiving The Bunghole Buster
Posts: 32,486
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Post by Perd on May 21, 2018 13:43:49 GMT -5
I made a joke about the next superstar shakeup, but I could see this being my the end of the brand split. Both NBCU and Fox are spending a lot of money. I could see them both wanting someone like Ronda Rousey on their show. And maybe SDL becomes more promo/story driven and Raw becomes the wrestling show.
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