Read on for my thoughts on more WWE financial fallout from Monday.
Here's a rundown of WWE's conference call. All that damage control. Honestly not a lot to say there. They really overestimated their U.S. TV deal. It certainly seems like over-the-top is the future, but we might not be there just yet. A long-term view is necessary with all of this.
Here's more from the conference call. The doubling of TV rights fees is counting their various international deals. I got a kick out of the line about the audience's parents having to buy the Network.
The former Simon Dean looked at WWE's financial situation. Obviously WWE should have followed the Simon System. Seriously, though, he's an intelligent man and it's worth the read if you're into stock talk.
An investigation is being launched into WWE's claims. Not a good week for WWE Corporate.
More wrestling coming up.
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