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Post by EP 54 is banned from Collision on Aug 9, 2023 13:57:03 GMT -5
I reckon there was only 15 people there, they just moved around the stadium really quick.
Anyway, who the f*** cares how many people were in the stadium to watch that turd of a main event?
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Post by ThatDudeThatExsists on Aug 9, 2023 14:02:05 GMT -5
I reckon there was only 15 people there, they just moved around the stadium really quick. Anyway, who the f*** cares how many people were in the stadium to watch that turd of a main event? We're talking about the biggest main event of all time. |
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Post by Feargus McReddit on Aug 9, 2023 14:07:08 GMT -5
I reckon there was only 15 people there, they just moved around the stadium really quick. Anyway, who the f*** cares how many people were in the stadium to watch that turd of a main event? We're talking about the biggest main event of all time. John Cena vs. The Rock? I thought we were talking about WrestleMania 3. 😋 |
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Post by ThatDudeThatExsists on Aug 9, 2023 14:38:50 GMT -5
We're talking about the biggest main event of all time. John Cena vs. The Rock? I thought we were talking about WrestleMania 3. 😋 Ok. I set myself up for that one. |
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Post by msc on Aug 9, 2023 15:44:10 GMT -5
FIFA had to scale back the seats for the 1994 World Cup and then claimed a 77, 200 sell out. With considerably fewer seats than Mania three and obviously no one on the pitch.
Imo both 78k and 93k are false and that drawing say 85k is still bloody impressive.
I do like the idea of the Vatican and FIFA massaging their figures to protect McMahon kayfabe though!
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Post by Ishmeal Loves BBL Bayley on Aug 10, 2023 19:38:02 GMT -5
Imo both 78k and 93k are false and that drawing say 85k is still bloody impressive. That's about where I'm at. I didn't read the entire thread so forgive me if it's been mentioned but the official capacity for the NFL was just over 80k. So somewhere from 85-90k seems realistic. |
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Post by Starshine on Aug 10, 2023 20:22:33 GMT -5
They lie about the current attendances all the time. They can’t lie about financials but they can make up fictitious attendance numbers on TV and in media. They give the announced WrestleMania number in the highlights section of their Q2 earnings report each year. Right, but you can't audit an attendance figure, only ticket sales. They could still inflate it on their reporting and it wouldn't matter or effect the stakeholders bottom line. |
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cjh
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Post by cjh on Aug 10, 2023 22:17:19 GMT -5
They give the announced WrestleMania number in the highlights section of their Q2 earnings report each year. Right, but you can't audit an attendance figure, only ticket sales. They could still inflate it on their reporting and it wouldn't matter or effect the stakeholders bottom line. If the number of sold tickets + free tickets is less than the announced attendance number by several thousand, that fake number has no business being mentioned in the earnings report. It's one thing to say it on TV but another to claim in the financial statement that an event drew x number of fans when it was actually short of that number by a lot. |
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Post by Mozenrath on Aug 10, 2023 22:26:15 GMT -5
But can we actually take Meltzer at his word? He has a clear anti WWE bias. He absolutely does not. Hell, he's probably more likely the guy to say "Well, that's just how they work" to most of the booking decisions now. Yeah, if you listen to him talking with Bryan Alvarez, he's way more often the one cutting WWE slack for stuff Alvarez is irritated about. |
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Post by A Platypus Rave is Correct on Aug 10, 2023 22:42:12 GMT -5
there was at least 24 people.
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Post by ThatDudeThatExsists on Aug 10, 2023 23:07:45 GMT -5
there was at least 24 people. I laughed. |
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Post by Starshine on Aug 10, 2023 23:16:09 GMT -5
Right, but you can't audit an attendance figure, only ticket sales. They could still inflate it on their reporting and it wouldn't matter or effect the stakeholders bottom line. If the number of sold tickets + free tickets is less than the announced attendance number by several thousand, that fake number has no business being mentioned in the earnings report. It's one thing to say it on TV but another to claim in the financial statement that an event drew x number of fans when it was actually short of that number by a lot. Though if they're also claiming backstage crew, event staff, families, and the like, none of that would be covered by their own reporting (see WM 32's attendance which Vince admitted was inflated on a later earnings call). If they are still doing that it'd be impossible to tell, even things like turn-style counts don't often match up to their claimed numbers. Looking things up, even last years has been disputed by their own talent, which is very funny. |
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Post by Tiger Millionaire on Aug 11, 2023 0:04:40 GMT -5
I get them sticking with the WrestleMania 3 story after all these years, but them still trying to pretend that WrestleMania 7 was moved because of threats of terrorism because of the Gulf War is laughable.
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cjh
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Post by cjh on Aug 11, 2023 0:52:18 GMT -5
I get them sticking with the WrestleMania 3 story after all these years, but them still trying to pretend that WrestleMania 7 was moved because of threats of terrorism because of the Gulf War is laughable. In recent years, two talents there at the time have both said they were told that moving the show was a financial decision and not safety related. Basically, sometime in January 1991, the city decided it wanted extra security measures taken because the LA Coliseum was huge and outdoors but also expected the WWF to be responsible for the expense of it. Rather than go over budget by 7 figures, they moved the show to the Sports Arena. Don't know if it's true but I can believe that is what WWF employees were told. |
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cjh
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Post by cjh on Aug 11, 2023 1:03:09 GMT -5
If the number of sold tickets + free tickets is less than the announced attendance number by several thousand, that fake number has no business being mentioned in the earnings report. It's one thing to say it on TV but another to claim in the financial statement that an event drew x number of fans when it was actually short of that number by a lot. Though if they're also claiming backstage crew, event staff, families, and the like, none of that would be covered by their own reporting (see WM 32's attendance which Vince admitted was inflated on a later earnings call). If they are still doing that it'd be impossible to tell, even things like turn-style counts don't often match up to their claimed numbers. Looking things up, even last years has been disputed by their own talent, which is very funny. Yes, which would mean they're lying in their financial statements. They say WM drew x fans, but x is actually all of the fans plus people who were there because it was their job to be there. |
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Post by Final Countdown Jones on Aug 11, 2023 2:31:03 GMT -5
Though if they're also claiming backstage crew, event staff, families, and the like, none of that would be covered by their own reporting (see WM 32's attendance which Vince admitted was inflated on a later earnings call). If they are still doing that it'd be impossible to tell, even things like turn-style counts don't often match up to their claimed numbers. Looking things up, even last years has been disputed by their own talent, which is very funny. Yes, which would mean they're lying in their financial statements. They say WM drew x fans, but x is actually all of the fans plus people who were there because it was their job to be there. Well no, they're lying, but not in their financial statements. The kind of material lie anyone would be concerned about is if they were cooking the books and lying about the event revenue. I think WWE lying about these numbers is dumb, but they aren't lying about how much money the show actually made, just an empty figure meant for press releases and to make them seem neater without actually f***ing with the money and the math that anyone involved actually gives a shit about. Like when Apple pays a company to create a fake survey claiming 98/98% customer satisfaction despite that number being considered literally impossible by statisticians. It's vapid, it's untrue, but as long as they aren't lying about the money the show made, it's just whatever to investors. |
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Post by A Platypus Rave is Correct on Aug 11, 2023 2:37:34 GMT -5
Yes, which would mean they're lying in their financial statements. They say WM drew x fans, but x is actually all of the fans plus people who were there because it was their job to be there. Well no, they're lying, but not in their financial statements. The kind of material lie anyone would be concerned about is if they were cooking the books and lying about the event revenue. I think WWE lying about these numbers is dumb, but they aren't lying about how much money the show actually made, just an empty figure meant for press releases and to make them seem neater without actually f***ing with the money and the math that anyone involved actually gives a shit about. Like when Apple pays a company to create a fake survey claiming 98/98% customer satisfaction despite that number being considered literally impossible by statisticians. It's vapid, it's untrue, but as long as they aren't lying about the money the show made, it's just whatever to investors. especially since Attendance doesn't mean tickets sold. Every event has a large number of papered tickets, either for friends of wrestlers / back stage crew or from venue workers. (or in some cases that it sold so poorly they are pulling people off the street to come in.) That all gets counted as attendance, but not as a sold ticket. |
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cjh
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Post by cjh on Aug 11, 2023 6:33:15 GMT -5
Yes, which would mean they're lying in their financial statements. They say WM drew x fans, but x is actually all of the fans plus people who were there because it was their job to be there. Well no, they're lying, but not in their financial statements. The kind of material lie anyone would be concerned about is if they were cooking the books and lying about the event revenue. I think WWE lying about these numbers is dumb, but they aren't lying about how much money the show actually made, just an empty figure meant for press releases and to make them seem neater without actually f***ing with the money and the math that anyone involved actually gives a shit about. Like when Apple pays a company to create a fake survey claiming 98/98% customer satisfaction despite that number being considered literally impossible by statisticians. It's vapid, it's untrue, but as long as they aren't lying about the money the show made, it's just whatever to investors. If the announced WM number is bogus, then it's essentially no different than an angle on TV, which they would never claim is real in one of these. |
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Post by cjh on Aug 11, 2023 6:37:09 GMT -5
Well no, they're lying, but not in their financial statements. The kind of material lie anyone would be concerned about is if they were cooking the books and lying about the event revenue. I think WWE lying about these numbers is dumb, but they aren't lying about how much money the show actually made, just an empty figure meant for press releases and to make them seem neater without actually f***ing with the money and the math that anyone involved actually gives a shit about. Like when Apple pays a company to create a fake survey claiming 98/98% customer satisfaction despite that number being considered literally impossible by statisticians. It's vapid, it's untrue, but as long as they aren't lying about the money the show made, it's just whatever to investors. especially since Attendance doesn't mean tickets sold. Every event has a large number of papered tickets, either for friends of wrestlers / back stage crew or from venue workers. (or in some cases that it sold so poorly they are pulling people off the street to come in.) That all gets counted as attendance, but not as a sold ticket. They're apparently not just counting sold tickets + comp tickets, though. The number they say on TV is supposedly a count of every human being in the building that day, including the wrestlers, ringside photographers, and anyone else who is being paid to be there. |
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Post by A Platypus Rave is Correct on Aug 11, 2023 6:53:03 GMT -5
especially since Attendance doesn't mean tickets sold. Every event has a large number of papered tickets, either for friends of wrestlers / back stage crew or from venue workers. (or in some cases that it sold so poorly they are pulling people off the street to come in.) That all gets counted as attendance, but not as a sold ticket. They're apparently not just counting sold tickets + comp tickets, though. The number they say on TV is supposedly a count of every human being in the building that day, including the wrestlers, ringside photographers, and anyone else who is being paid to be there. I was expanding upon how claiming the attendance was whatever would not be the same as lying on financial statements. Because the Financials are based on tickets sold. |
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