Mecca
Wade Wilson
Posts: 25,062
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Post by Mecca on Feb 3, 2022 18:35:40 GMT -5
I’m too lazy to dig through the details now, but: where exactly is all that revenue coming from? The licensing deals with the networks? The Saudi payoffs? I just really want to make sure I understand how this company became literally too big to fail. They make $265 million a year for Raw from USA. They make $205 million a year for SD from Fox. They make $100 million a year for 2 Saudi Arabia shows. They make $200 million a year from the deal with Peacock. That's $770 million before one ticket or piece of merchandise is sold. Media (think video) is by far WWE's biggest driver of revenue, reporting $936.2M for 2021, 85% of all revenue. That's exacerbated by the lack of live events in the first half of the year, but media revenues for WWE will only continue to grow as rights fees contractually increase.
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Post by Koda, Master Crunchyroller on Feb 3, 2022 18:37:02 GMT -5
Pretty much. What impetus do they have to change literally anything they’re doing at this point? It's mind numbing how they can put on a terrible product that is just boring as f*** all, lose ratings etc etc and still make more money. The pandemic though highlighted how completely inefficient their house show business was though. And now you see them changing to a less shows just bigger venues model after that. WWE is basically a prime case of "right place, right time". Networks are desperate for any content right now, especially as streaming more and more eats their lunch. WWE may be a drizzling shit show of a product now, but they've proven they have at least a guaranteed TV audience of 1 million people, no matter the day of the week or the time slot. The networks crave for a reliable anchor point like that. Plain and simply thanks to all those reliable diehards who just can't look away, WWE is raking in the cash when they are creatively at their absolute nadir.
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Dub H
Crow T. Robot
Captain Pixel: the Game Master
I ❤ Aniki
Posts: 47,852
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Post by Dub H on Feb 3, 2022 18:37:30 GMT -5
Ugh of course WWE is launching NFTs
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Mecca
Wade Wilson
Posts: 25,062
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Post by Mecca on Feb 3, 2022 18:38:39 GMT -5
It's mind numbing how they can put on a terrible product that is just boring as f*** all, lose ratings etc etc and still make more money. The pandemic though highlighted how completely inefficient their house show business was though. And now you see them changing to a less shows just bigger venues model after that. WWE is basically a prime case of "right place, right time". Networks are desperate for any content right now, especially as streaming more and more eats their lunch. WWE may be a drizzling shit show of a product now, but they've proven they have at least a guaranteed TV audience of 1 million people, no matter the day of the week or the time slot. The networks crave for a reliable anchor point like that. Plain and simply thanks to all those reliable diehards who just can't look away, WWE is raking in the cash when they are creatively at their absolute nadir. What the f*** is an NFT?
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Feb 3, 2022 18:40:08 GMT -5
WWE is basically a prime case of "right place, right time". Networks are desperate for any content right now, especially as streaming more and more eats their lunch. WWE may be a drizzling shit show of a product now, but they've proven they have at least a guaranteed TV audience of 1 million people, no matter the day of the week or the time slot. The networks crave for a reliable anchor point like that. Plain and simply thanks to all those reliable diehards who just can't look away, WWE is raking in the cash when they are creatively at their absolute nadir. What the f*** is an NFT? Literal scam But there are really really stupid people who buy into it.
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Post by Koda, Master Crunchyroller on Feb 3, 2022 18:40:22 GMT -5
WWE is basically a prime case of "right place, right time". Networks are desperate for any content right now, especially as streaming more and more eats their lunch. WWE may be a drizzling shit show of a product now, but they've proven they have at least a guaranteed TV audience of 1 million people, no matter the day of the week or the time slot. The networks crave for a reliable anchor point like that. Plain and simply thanks to all those reliable diehards who just can't look away, WWE is raking in the cash when they are creatively at their absolute nadir. What the f*** is an NFT? Extremely broad stroke explanation, a god damn scam, of epic proportions.
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Post by Zombie Mod is not a ghoul. on Feb 3, 2022 18:40:51 GMT -5
Oh yea more releases incoming now. And a large reason for this though is still wrapped in their TV deal and USA and FOX are likely gonna toss another couple billion at them....and this is why they are near fail proof. personally not expecting releases until after the saudi show, they dont want to lose that money by firing a lot of talent before that show happens.
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Johnny B. Decent
Patti Mayonnaise
Had one once
Everybody's Favorite Arizonian.
Posts: 31,073
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Post by Johnny B. Decent on Feb 3, 2022 18:42:29 GMT -5
WWE is basically a prime case of "right place, right time". Networks are desperate for any content right now, especially as streaming more and more eats their lunch. WWE may be a drizzling shit show of a product now, but they've proven they have at least a guaranteed TV audience of 1 million people, no matter the day of the week or the time slot. The networks crave for a reliable anchor point like that. Plain and simply thanks to all those reliable diehards who just can't look away, WWE is raking in the cash when they are creatively at their absolute nadir. What the f*** is an NFT? From what I have gathered, it's like a certificate that says you "own" a GIF or picture, but anyone can still download it, and the process to make said license apparently consumes a lot of power, so it's harmful to the environment.
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Mecca
Wade Wilson
Posts: 25,062
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Post by Mecca on Feb 3, 2022 18:42:56 GMT -5
To add to someone asking about money, Nick Khan said they want to sell the WWE Network rights on a country by country basis like they did with Peacock...
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Post by Alexander The So-so on Feb 3, 2022 18:43:31 GMT -5
It's mind numbing how they can put on a terrible product that is just boring as f*** all, lose ratings etc etc and still make more money. The pandemic though highlighted how completely inefficient their house show business was though. And now you see them changing to a less shows just bigger venues model after that. WWE is basically a prime case of "right place, right time". Networks are desperate for any content right now, especially as streaming more and more eats their lunch. WWE may be a drizzling shit show of a product now, but they've proven they have at least a guaranteed TV audience of 1 million people, no matter the day of the week or the time slot. The networks crave for a reliable anchor point like that. Plain and simply thanks to all those reliable diehards who just can't look away, WWE is raking in the cash when they are creatively at their absolute nadir. Reminds me of how, in the 10-year anniversary edition of The Death of WCW, Reynolds and Alvarez had a side note briefly discussing how if WCW had managed to stave off their demise for just a few more years and last into the 2000’s a bit further, they likely would’ve been saved from going out of business purely because of structural changes in the media industry.
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Post by mistery on Feb 3, 2022 18:49:02 GMT -5
To add to someone asking about money, Nick Khan said they want to sell the WWE Network rights on a country by country basis like they did with Peacock... Yup. To add into this, Disney+ picked up the rights in Indonesia. And I guess there are rumors that Abema is in talks to pick up the rights in Japan for broadcasting WWE shows over there, which will be a notable improvement over jSports in terms of exposure. I also wouldn't expect any releases until after Wrestlemania. If there even are any.
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Post by The Dark Order Inferno on Feb 3, 2022 18:50:30 GMT -5
The WWE could have easily have seen out the full contracts of each and every talent they fired during the pandemic and they would still be more profitable than they have been in just about any other point in their history. They still fired people and will no doubt fire a while lot more before the next earnings call just to make the number go up a little more. Capitalism, y'all.
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Post by cornettesracket on Feb 3, 2022 18:51:09 GMT -5
Oh yea more releases incoming now. When Nia Jaxx talked to Renee you could see her kinda hint around at what budget cuts means and it basically came off as " you're to expensive for your role" or "we can replace you with someone cheaper"Good examples are Omos is in Brauns role and Doudrop is in Nia's role and I'm gonna guess they make significantly less money. Well in fairness Nia was stealing a living given her level of talent and replace cheaper with safer. that’s unfair on doudrop though. Piper Niven by not even trying is a better wrestler than Nia and a better human being.
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Post by cornettesracket on Feb 3, 2022 18:53:35 GMT -5
Literal scam But there are really really stupid people who buy into it. I’ve heard about them but not really looked into them and don’t intend to either. As my late grandfather would say, “A fool and their money are soon parted.”
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Xxcjb01xX [PIECE OF: SH-]
FANatic
Writer, Lover of all things Wrestling. Analytical, Critical, Lovable (hopefully). Lets all have fun!
Posts: 235,512
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Post by Xxcjb01xX [PIECE OF: SH-] on Feb 3, 2022 19:13:14 GMT -5
Can't wait for these numbers to age wonderfully when WWE cuts about 20 or so wrestlers expectedly within the next few days...
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Post by El Cokehead del Knife Fight on Feb 3, 2022 19:14:12 GMT -5
Pretty much. What impetus do they have to change literally anything they’re doing at this point? It's mind numbing how they can put on a terrible product that is just boring as f*** all, lose ratings etc etc and still make more money. The pandemic though highlighted how completely inefficient their house show business was though. And now you see them changing to a less shows just bigger venues model after that. They're too big to fail, they're making money on pure inertia.
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Post by Feyrhausen on Feb 3, 2022 19:15:04 GMT -5
WWE is basically a prime case of "right place, right time". Networks are desperate for any content right now, especially as streaming more and more eats their lunch. WWE may be a drizzling shit show of a product now, but they've proven they have at least a guaranteed TV audience of 1 million people, no matter the day of the week or the time slot. The networks crave for a reliable anchor point like that. Plain and simply thanks to all those reliable diehards who just can't look away, WWE is raking in the cash when they are creatively at their absolute nadir. Reminds me of how, in the 10-year anniversary edition of The Death of WCW, Reynolds and Alvarez had a side note briefly discussing how if WCW had managed to stave off their demise for just a few more years and last into the 2000’s a bit further, they likely would’ve been saved from going out of business purely because of structural changes in the media industry. Which is why I put the ultimate blame on the Death of WCW on people like Bischoff and Russo over Kellner. Kellner may have cancelled them on the Turner networks but if Bischoff and others had not spent years making the company a money pit then some other network may have scooped them up. As it was why would any other network take a chance on them despite their high ratings when they may have gone bankrupt in a year.
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Push R Truth
Patti Mayonnaise
Unique and Special Snowflake, and a pants-less heathen.
Perpetually Constipated
Posts: 39,290
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Post by Push R Truth on Feb 3, 2022 19:22:16 GMT -5
Pigs get fed, hogs get slaughtered.
WWE is the definition of a Hog. It's time is coming.
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MiLB Fan
Fry's dog Seymour
Posts: 20,386
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Post by MiLB Fan on Feb 3, 2022 19:58:27 GMT -5
And yet they just released Shane exactly at the moment they needed his theme song! No problem, they have a backup.
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Post by mistery on Feb 3, 2022 20:02:00 GMT -5
Pigs get fed, hogs get slaughtered. WWE is the definition of a Hog. It's time is coming. I don't know why people keep thinking this. Every time people think this, WWE posts record profits. Replace Tom Brady with WWE in this meme, and you get the picture: That's how people are starting to sound with the whole "WWE is going to die or regret this any day now". Unless they commit an absolutely major blunder PR wise, the company is bulletproof. Because there will ALWAYS be people wanting to join the company thinking they could be big stars.
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