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Saturday, October 31, 2015

WWE Q3 2015 Reax

Read on for my thoughts on WWE's latest financial news releases.
WWE released its Q3 earnings yesterday:
- Very impressive numbers for international growth. I hope that continues, as that's going to be important in the years to come.

- The Network has mostly been a hit for them! It's funny people thought it would be the next XFL.

- Them getting more advertisers is really great news. Trust me, that's WAY more important to them than putting on "five-star matches."

- WWE has done really impressive things in the social media front. They're really going in the right direction there.

- The Network's future is bright with increasing the amount of new content and furthering international expansion.

- Pretty much every number here is really good. The only problems are with the decline in DVD/Blu-ray sales and WWE Studios being unimpressive.

- The WWE live events (Beast in the East, the show from the Garden) have been great for the Network. Obviously they don't want to overdo it, but those can really help them keep/gain viewers.

Here's coverage from their conference call:
- I really hope Vince starts the conference call strutting into the room to his music. "ALRIGHT GODDAMNIT LET'S GET THIS SHOW ON THE ROAD."

- Doing things on Facebook and YouTube is good. Go to where the people are!

- "Acquiring new material" to me means they'll probably go for the TNA library if TNA stops being a thing. We're not at the point of that being an actual situation, though.

- Of course they don't publicly view NXT as competition to Raw or Smackdown. The shows do have different feels and different audiences, though obviously there's overlap.

WWE's stock dropped 12.83% after this release, possibly due to there being a lower-than-hoped-for rise in Network subscriptions. I guess the big boom from the Network has reached its peak and people are moving onto something else to make money from.

More wrestling coming up.

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