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Post by lildude8218 on Feb 16, 2019 21:07:10 GMT -5
Record revenue and profits for the year but let's go ahead and close up shop now so we don't look greedy.
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Ben Wyatt
Crow T. Robot
Are You Gonna Go My Way?
I don't get it. At all. It's kind of a small horse, I mean what am I missing? Am I crazy?
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Post by Ben Wyatt on Feb 16, 2019 21:19:20 GMT -5
The company is making a ton of money. Better sell because I don't like some of the r booking.
Sound reasoning.
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Sicho100
Hank Scorpio
Easily Confused.
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Post by Sicho100 on Feb 16, 2019 21:21:59 GMT -5
This is like those discussions of people going “Disney should stop making live action remakes”. Erm, why? Because you don’t approve? They make money. Vince makes money. It might not be off shows or merchandise or anything related to the product outside of TV deals and KSA but the shareholders won’t care and neither will management. Despite the fact that I haven't watched in a long time, they're making money hand over fist, it makes literally no sense business wise to sell.. Plus, they're a publicly traded company now, it's not that simple for them to do even as majority stakeholders. They haven't had the sole say in 20 years now There's obviously no reason to think Vince will sell, but it seems pretty clear to me that right now would actually be the ideal time to. They're making big money, yeah, but only because of the TV deals (they are losing money on house shows!) The TV deals are propping them up, the WWE Network is only increasing marginally (and is by no means a business driver), and pretty much everything else is down. And, as we talk about seemingly every week when they set a new record low viewership number, they are hemorrhaging viewers, which then makes things perilous when it comes to those TV deals that are propping them up. They won't need to worry about their upcoming deal with USA, but the deal with Fox is already looking terrible for Fox, and Fox will only put up with that for so long before they cut bait. And, when the deals are set to expire, if they continue to drive off their fans the way they have in recent years (and I see no reason to believe they won't), then how much can they depend on new deals to prop them up the way the upcoming ones are expected to? It seems to me like right now is going to be the high point for the foreseeable future, and, like the Fertittas sold UFC a few years back at its peak, now would be the ideal time to sell (if they were ever going to, that is). (I don't mean, "Sell because Vince doesn't know how to book," I mean "Sell because the company is probably at roughly its highest it will be anytime soon.") |
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Post by Deleted on Feb 16, 2019 21:27:26 GMT -5
Straws, they are being grasped at this point Really not sure if this is a response to my post or a comment on the conversation on the whole. Comment on the conversation as a whole. Especially the Star Wars comparison |
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Post by Kevin Hamilton on Feb 16, 2019 21:37:23 GMT -5
This is like those discussions of people going “Disney should stop making live action remakes”. Erm, why? Because you don’t approve? They make money. Vince makes money. It might not be off shows or merchandise or anything related to the product outside of TV deals and KSA but the shareholders won’t care and neither will management. Despite the fact that I haven't watched in a long time, they're making money hand over fist, it makes literally no sense business wise to sell.. Plus, they're a publicly traded company now, it's not that simple for them to do even as majority stakeholders. They haven't had the sole say in 20 years now There's obviously no reason to think Vince will sell, but it seems pretty clear to me that right now would actually be the ideal time to. They're making big money, yeah, but only because of the TV deals (they are losing money on house shows!) The TV deals are propping them up, the WWE Network is only increasing marginally (and is by no means a business driver), and pretty much everything else is down. And, as we talk about seemingly every week when they set a new record low viewership number, they are hemorrhaging viewers, which then makes things perilous when it comes to those TV deals that are propping them up. They won't need to worry about their upcoming deal with USA, but the deal with Fox is already looking terrible for Fox, and Fox will only put up with that for so long before they cut bait. And, when the deals are set to expire, if they continue to drive off their fans the way they have in recent years (and I see no reason to believe they won't), then how much can they depend on new deals to prop them up the way the upcoming ones are expected to? It seems to me like right now is going to be the high point for the foreseeable future, and, like the Fertittas sold UFC a few years back at its peak, now would be the ideal time to sell (if they were ever going to, that is). (I don't mean, "Sell because Vince doesn't know how to book," I mean "Sell because the company is probably at roughly its highest it will be anytime soon.") Again though, he CAN'T just decide to sell. There are other stakeholders now. It's not just his business anymore and hasn't been for decades. I guess he could resign and liquidate all of his shares, but that's not happening either. |
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Post by Final Countdown Jones on Feb 16, 2019 21:42:58 GMT -5
Honestly, I think WWE is verging very closely to being in a pretty bad financial situation, and every indication from how every number that isn't a TV network check is trending downward, now including merch and all, is a strong indicator of that. They're making numbers that are really good if taken on the whole and as pedantic five-word responses in threads, but the bottom looks precariously close to falling out, and i don't think they ride out five years of big contracts without having their stock fall pretty hard. Maybe not crash, but there's got to be a breakpoint on these downward-trending numbers that start to counter the contracts in a way that makes growth-obsessed investors flee. It's not enough to bring in money they need to bring in more money. It's how the recent Activision layoffs were 'justified'. These contracts have made for a bubble and if they let it be a band-aid it's only going to make the crash they have been ignoring for years even harsher.
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Deleted
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Post by Deleted on Feb 16, 2019 22:10:38 GMT -5
Idk my man, for every 45 minute six man tag or no asuka there’s always a few good things on Raw and SDL/NXT usually hit it out of the park. Plus I kinda don’t want so many to be out of a job.
Also, I love AEW and I’d like for it to succeed, but it’s fans are making it out to be the Jesus Christ of present day wrestling and it’s really a bit much for a place that hasn’t even had its first TV show.
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Post by Gremlin on Feb 16, 2019 22:48:05 GMT -5
If WWE were to close up shop then Impact Wrestling (formerly TNA/GFW) would be the senior message board here. FAN, we can't let that happen.
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Post by Toilet Paper Roll on Feb 16, 2019 23:54:06 GMT -5
The product is trash, the ratings have nosedived but it's still somehow been profitable. No need to sell
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Post by gnr123 on Feb 17, 2019 0:15:16 GMT -5
Yeah, like Vince is going to sell the company he bought from his father, worked from the ground up to make it an international sensation and has made billions off of it. This is his company, his legacy. You may not like the stories today, or the wrestlers, but make no mistake about it Vince McMahon is never giving his company to someone else to "freshen things up." If anything, it'll go to Triple H and Stephanie, it's going to stay in the family. This isn't some indie company that seat 100 people in a gym every 2 weeks, this is the WWE. The biggest game in town, the most known wrestling company in America and parts of the world.
Don't like the characters, fine. Don't think the storyline's aren't entertaining, fine. Don't like the booking, fine. But it's absurd to think Vince McMahon is going to sell off his billion dollar company that he is a global sensation to "freshen thing's up."
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Post by Heinz Doofenschmirtz on Feb 17, 2019 0:29:04 GMT -5
This is like those discussions of people going “Disney should stop making live action remakes”. Erm, why? Because you don’t approve? They make money. Vince makes money. It might not be off shows or merchandise or anything related to the product outside of TV deals and KSA but the shareholders won’t care and neither will management. Well Disney ruined the SW Franchise and the Last Jedi movie was complete trash that didn't make nearly as much money as the TFA so Failure eventually DOES catch up to you. You can't sweep crap under the rug forever nor can you manipulate investors forever. Oh, I see...you’re one of those guys who’s arguing that Last Jedi was a failure because you personally didn’t like it. How do you feel about comics recently? |
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Post by MAD TITAN on Feb 17, 2019 1:14:30 GMT -5
Vince McMahon looks at the record profits the company made in 2018 and laughs at your "maybe you should stop" nonsense. Seriously, the 'hardcore audience' doesn't matter as long as they're raking hand over fist from their Fox/KSA deals. Even if they were actually LOSING money on top of the ratings and attendance decline, with Vince being majority shareholder there isn't a single thing anyone can do, seeing as Vince could easily (and personally) remove anyone who disagrees with him and replace them with more agreeable people. They could pull an Impact and run the same 3 commercials of USA programming for three hours straight if they wanted (who wants nonstop Temptation Island and Chrisley Knows Best ads?!) and nobody could do a damned thing about it. Vince can do a lot of things and hire more "yes men" but he isn't 50 years old anymore. He's going on 80. So obviously mental faculties are ceasing to exist. When you put it like that, his brain is probably at 130 years old with all the trauma and blows he's had throughout the years. |
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Post by Deleted on Feb 17, 2019 1:24:21 GMT -5
Vince can do a lot of things and hire more "yes men" but he isn't 50 years old anymore. He's going on 80. So obviously mental faculties are ceasing to exist. When you put it like that, his brain is probably at 130 years old with all the trauma and blow he's had throughout the years. Fixed. |
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Chainsaw
T
A very BAD man.
It is what it is
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Post by Chainsaw on Feb 17, 2019 1:42:44 GMT -5
Yes, the Ruff Ryders rap group should be in charge. Let them open up shop. Stop. |
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MAGGLE
Dennis Stamp
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Post by MAGGLE on Feb 17, 2019 1:48:18 GMT -5
I am saving this thread when he turns out right. I mean we are talking about the McMahons. The first XFL game will be about the ownership of the WWE or something lol.
Imagine if Vince dies and Shane and Steph sell on the first day.
McMahon kids: Our dad was a crazy person. We never liked this, we like money. Bye.
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Post by MAD TITAN on Feb 17, 2019 1:53:08 GMT -5
When you put it like that, his brain is probably at 130 years old with all the trauma and blow he's had throughout the years. Fixed. It's quite amazing the people he's outlived when he was probably one of the godfathers of blow/roids in the business. He put his body through hell, Hogan as well. |
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Post by Deleted on Feb 17, 2019 1:56:41 GMT -5
It's quite amazing the people he's outlived when he was probably one of the godfathers of blow/roids in the business. He put his body through hell, Hogan as well. They (Hogan and Vince) locked themselves in a hotel room and stayed up for 72 hours to rewrite the script for No Holds Barred. Can you even imagine the levels of narcotic intake there? More white powder than a talc factory. Tony Montana looked on and went "Uh guys....ease up" |
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Post by Deleted on Feb 17, 2019 2:45:02 GMT -5
Every Raw, Smackdown, and PPV for the next 10 years could be hours of Vince taking a nap in the middle of the ring until the show fades to black and the company would still make money. Creatively the show sucks but when your fan base has Stockholm Syndrome why would you sell? Just keep exploiting and swimming in your money.
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Dean-o
Grimlock
Haha we're having fun Maggle!
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Post by Dean-o on Feb 17, 2019 3:21:08 GMT -5
It's quite amazing the people he's outlived when he was probably one of the godfathers of blow/roids in the business. He put his body through hell, Hogan as well. They (Hogan and Vince) locked themselves in a hotel room and stayed up for 72 hours to rewrite the script for No Holds Barred. Can you even imagine the levels of narcotic intake there? More white powder than a talc factory. Tony Montana looked on and went "Uh guys....ease up" I hope they found a new dealer because the movie sucked. |
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Post by carter 15 on Feb 17, 2019 3:28:08 GMT -5
980 million reasons not to.
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