EyeofTyr
Hank Scorpio
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Post by EyeofTyr on Sept 19, 2019 15:22:10 GMT -5
It's very vindicating as a fan that years ago used to have debates with people here and elsewhere that NJPW could bounce back if they got their ducks in a row and that NOAH was likely not going to kill them or buy them out (due to NOAH's own shortcomings likely costing them in the long run despite whatever high they were on in the short run, and it did) like so many of those people at the time claimed NOAH would surely do to NJPW.
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Post by Starshine on Sept 19, 2019 18:58:55 GMT -5
It's crazy how well they turned things around. It wasn't even like they did anything all that special to get here, just a well planned out wrestling product that emphasises the things that should matter. Also probably helps that Okada ended up taking off like a rocket. I honestly do wonder what they thought his ceiling could be when the initially pushed him out the gate.
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Mozenrath
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Post by Mozenrath on Sept 19, 2019 19:08:15 GMT -5
As much as I can get on Okada for not being versatile enough as a main eventer, he was able to eventually take the company that Tanahashi did so much to save and bring it to newer heights. LIJ, Bullet Club, and a ton of the undercard have also put in huge efforts, too, over the years to transform the company, and Gedo did an excellent job allowing that to happen. Doesn't mean I don't think he has issues as a booker sometimes, everyone does, but he's very good at what he does.
It makes me excited for if their seeds they are planting can help the company get bigger still.
Meanwhile, WWE got 53 million in 2018 from Saudi Arabia alone. Things are going to get darker with that before it gets better.
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Post by This Player Hating Mothman on Sept 19, 2019 19:10:11 GMT -5
The G1 show in Texas tells me they can bounce back from even the overseas weakening in losing The Elite. They have passionate fans who want to buy tickets to see their shows even without those guys on the card and they are completely committed to a product that is uncompromisingly New Japan. With their domestic growth showing no signs of stopping and just a speed bump for their foreign growth, I think the company is going to remain in a pretty great position for some time yet to come.
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Post by Captain Stud Muffin (BLM) on Sept 19, 2019 19:20:53 GMT -5
Man, this is crazy considering where they were not too long
The Tanahashi Era helped kickstart this and kept it alive and the Okada Era put this well over the top
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Dub H
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Post by Dub H on Sept 19, 2019 19:50:53 GMT -5
Man, this is crazy considering where they were not too long The Tanahashi Era helped kickstart this and kept it alive and the Okada Era put this well over the top And that is the Japanese side. The whole journey of Bullet Club is the same. Prince Devitt-era put the Stable on the map, AJ Style-era kickstarted the fame in the US and Omega-Era put it over the top. Now it seems Jay-Era will bring the money.
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El Pollo Guerrera
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His name has chicken in it, and he is good at makin' .gifs, so that's cool.
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Post by El Pollo Guerrera on Sept 19, 2019 22:08:33 GMT -5
I wonder what the WWE made during thrir last fiscal year?
(I have no idea where to look)
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Post by Starshine on Sept 19, 2019 22:11:29 GMT -5
I wonder what the WWE made during thrir last fiscal year? (I have no idea where to look) Here you go.Gross was $930.2 million.
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Post by cabbageboy on Sept 19, 2019 22:22:09 GMT -5
Hmm...every time I see this OIBDA stuff on the WWE filings it reminds me of the Nitro book and how WCW used that to make it seem like they were making a profit when if you didn't use OIBDA they were losing money. Warren Buffet was quoted as saying OIBDA is a joke that accountants use to make the numbers look better than they are.
That said, WWE is making some serious bank in spite of a product that is declining in actual interest. NJPW is at least rising with a product that has actual measurable fan interest increases.
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Nr1Humanoid
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Post by Nr1Humanoid on Sept 20, 2019 4:19:24 GMT -5
Anything that throws more Will Ospreay matches my way can only be a good thing.
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Post by Joe Neglia on Sept 20, 2019 4:27:52 GMT -5
Also gross doesn't tell us a whole lot. In fact the number's pretty meaningless without knowing operating costs and other financial factors. Bingo. Either last year or the year before, WWE was proudly proclaiming they grossed something around $400 million for that year, but were a little quieter when they had to say that after all the costs, they only netted $20 million out of that $400m.
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Post by AwamoriRock on Sept 20, 2019 6:05:48 GMT -5
My dislike of Gedo’s creative decisions and Okada as a wrestler is now completely reversed now that I’ve learned NJPW makes money. Holy shit.
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Deleted
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Post by Deleted on Sept 20, 2019 13:36:04 GMT -5
Also gross doesn't tell us a whole lot. In fact the number's pretty meaningless without knowing operating costs and other financial factors. Bingo. Either last year or the year before, WWE was proudly proclaiming they grossed something around $400 million for that year, but were a little quieter when they had to say that after all the costs, they only netted $20 million out of that $400m. Exactly. It’s a positive, but how much of that has been spent on the usual running costs, plus the expense of greater foreign travel? I think the tell tale sign will be their plans for foreign travel next year. The domestic ticket market is still growing at a nice steady pace. Will they do the big US shows again after the disappointment of Dallas? And while the Copper box show was a big success at the ticket office, did that translate to ippv buys (which is outside their normal structure)? Plus how much did the production issues impact on returning customers? There’s a lot of big ifs about New Japan at the moment. Domestically they’re doing well and the double Dome show will be a really good test of heir current limits in that market. In the US though, that’s more of a question mark. Like clockwork . Nah, I know you must feel frustrated as the product isn’t reflecting what you want from New Japan. But, I hope you know people annoyed at those who don’t like it aren’t personal against you, or any of the group of dissatisfied fans. It’s just the whole barrage of negativity is wearying, especially when you’re feeling positive. It’s like when a friend shows me Big Japan and I wasn’t into it and it just blew the wind out of their sails,
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Post by Cyno on Sept 20, 2019 13:47:42 GMT -5
Bingo. Either last year or the year before, WWE was proudly proclaiming they grossed something around $400 million for that year, but were a little quieter when they had to say that after all the costs, they only netted $20 million out of that $400m. Exactly. It’s a positive, but how much of that has been spent on the usual running costs, plus the expense of greater foreign travel? I think the tell tale sign will be their plans for foreign travel next year. The domestic ticket market is still growing at a nice steady pace. Will they do the big US shows again after the disappointment of Dallas? And while the Copper box show was a big success at the ticket office, did that translate to ippv buys (which is outside their normal structure)? Plus how much did the production issues impact on returning customers? There’s a lot of big ifs about New Japan at the moment. Domestically they’re doing well and the double Dome show will be a really good test of heir current limits in that market. In the US though, that’s more of a question mark. Like clockwork . Nah, I know you must feel frustrated as the product isn’t reflecting what you want from New Japan. But, I hope you know people annoyed at those who don’t like it aren’t personal against you, or any of the group of dissatisfied fans. It’s just the whole barrage of negativity is wearying, especially when you’re feeling positive. It’s like when a friend shows me Big Japan and I wasn’t into it and it just blew the wind out of their sails, Yeah, the rubbing-it-in comments about Gedo and Okada weren't even about people who dislike them. Just the ones who were doomsaying that they were going to LITERALLY DESTROY THE COMPANY because they never pulled the trigger on Naito instead.
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Deleted
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Post by Deleted on Sept 20, 2019 13:59:47 GMT -5
Exactly. It’s a positive, but how much of that has been spent on the usual running costs, plus the expense of greater foreign travel? I think the tell tale sign will be their plans for foreign travel next year. The domestic ticket market is still growing at a nice steady pace. Will they do the big US shows again after the disappointment of Dallas? And while the Copper box show was a big success at the ticket office, did that translate to ippv buys (which is outside their normal structure)? Plus how much did the production issues impact on returning customers? There’s a lot of big ifs about New Japan at the moment. Domestically they’re doing well and the double Dome show will be a really good test of heir current limits in that market. In the US though, that’s more of a question mark. Like clockwork . Nah, I know you must feel frustrated as the product isn’t reflecting what you want from New Japan. But, I hope you know people annoyed at those who don’t like it aren’t personal against you, or any of the group of dissatisfied fans. It’s just the whole barrage of negativity is wearying, especially when you’re feeling positive. It’s like when a friend shows me Big Japan and I wasn’t into it and it just blew the wind out of their sails, Yeah, the rubbing-it-in comments about Gedo and Okada weren't even about people who dislike them. Just the ones who were doomsaying that they were going to LITERALLY DESTROY THE COMPANY because they never pulled the trigger on Naito instead. Thats fair. Hope my comments weren't too douchey.
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Deleted
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Post by Deleted on Sept 20, 2019 14:03:41 GMT -5
Serious question, and maybe someone here who knows more about the "Business" side of wrestling can help me out.
Plenty of guys prefer Japan over the WWE and North America in general, because they like the money better. I recall the Road Warriors, the Steiners, Dr. Death, Terry Gordy etc. all taking Japan over gigs in the US.
Does it really pay better if you get the right spot, is it a work/home balance? Tax writeoffs? None of the above?
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domrep
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Post by domrep on Sept 20, 2019 14:32:12 GMT -5
Serious question, and maybe someone here who knows more about the "Business" side of wrestling can help me out. Plenty of guys prefer Japan over the WWE and North America in general, because they like the money better. I recall the Road Warriors, the Steiners, Dr. Death, Terry Gordy etc. all taking Japan over gigs in the US. Does it really pay better if you get the right spot, is it a work/home balance? Tax writeoffs? None of the above? I think it's a combination of everything. Not everyone is going to get Okada money but a guy like Will O'Spreay is probably making mid to high 6 figures. He moved to Japan so he's all in at this point.
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Mozenrath
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Post by Mozenrath on Sept 20, 2019 14:54:38 GMT -5
Serious question, and maybe someone here who knows more about the "Business" side of wrestling can help me out. Plenty of guys prefer Japan over the WWE and North America in general, because they like the money better. I recall the Road Warriors, the Steiners, Dr. Death, Terry Gordy etc. all taking Japan over gigs in the US. Does it really pay better if you get the right spot, is it a work/home balance? Tax writeoffs? None of the above? Depends on who you are, really, bigger gaijin historically did better because they stood out more. There just aren't that many Japanese wrestlers over 6'1 or 220 pounds. But beyond that, a lot of them liked it because they could work part of the year there and while it was a grind, it was over with and they could head back.
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Mozenrath
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Post by Mozenrath on Sept 20, 2019 14:59:22 GMT -5
Bingo. Either last year or the year before, WWE was proudly proclaiming they grossed something around $400 million for that year, but were a little quieter when they had to say that after all the costs, they only netted $20 million out of that $400m. Exactly. It’s a positive, but how much of that has been spent on the usual running costs, plus the expense of greater foreign travel? I think the tell tale sign will be their plans for foreign travel next year. The domestic ticket market is still growing at a nice steady pace. Will they do the big US shows again after the disappointment of Dallas? And while the Copper box show was a big success at the ticket office, did that translate to ippv buys (which is outside their normal structure)? Plus how much did the production issues impact on returning customers? There’s a lot of big ifs about New Japan at the moment. Domestically they’re doing well and the double Dome show will be a really good test of heir current limits in that market. In the US though, that’s more of a question mark. Like clockwork . Nah, I know you must feel frustrated as the product isn’t reflecting what you want from New Japan. But, I hope you know people annoyed at those who don’t like it aren’t personal against you, or any of the group of dissatisfied fans. It’s just the whole barrage of negativity is wearying, especially when you’re feeling positive. It’s like when a friend shows me Big Japan and I wasn’t into it and it just blew the wind out of their sails, I'm going to venture that they'll be heading back, especially because Mark Cuban either covered a lot of the cost or outright just paid them to come, I forget what, but yeah, maybe they'll lower the ticket price a little, since I think that hurt them as much as anything else.
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Mozenrath
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Post by Mozenrath on Sept 20, 2019 19:55:23 GMT -5
Wasn’t Okada making like, two million? If I recall that’s really not much less than Cena was allegedly getting at his WWE height. Guessing Cena likely made much more than that with the addition of merch, but yeah, Okada is definitely on the high end of paid wrestlers these days, rightly so. If we're talking per match, Jericho is one of the highest paid for sure, and he still likely ranks high overall, but since he works so relatively few dates, it isn't on the Okada level, probably.
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