WWE Q3 2017 Earnings Reax

Read on for my thoughts on yesterday's big earnings release.

WWE posted their earnings report:
- Network numbers remain unimpressive. They've got a lot of work to do.

- New international launches have been beneficial.

- Wow! Glad to hear WWE's getting new advertisers. Hopefully NBCU sees that and makes them a good offer for their next TV contract.

- Looks like budget cuts are paying off with expecting more income at the end of the year.

- It's increasingly coming up on time to negotiate major TV deals. Those are going to be absolutely critical going forward.

- The DVD business continues to drop, as expected. Wow.

- WWE Studios is something to keep an eye on going forward.

- Wow. I expected more from the Europe/Middle East/Asia region. I can see why they're pushing the Indian tour so hard now.

- WWE Network subscribers have barely grown in the U.S. in the last year. That's a problem.

WWE held a conference call after the numbers were released. Here's a recap of it:
- WWE is absolutely growing their international focus.

- I'm really impressed by the amount of advertisers they have. That's a key part of being PG-rated.

- WOW. There are definitely a lot of international talents coming through the ranks. We're going to see that more and more in NXT and up.

- Glad to see more international advertisers, too.

- Haha. They're playing pretty coy with their TV home plans.

- The TV/content landscape is absolutely changing.

- I don't think the "superserving" idea is working. Those fans are already paying for the Network. They're not paying any more with each new idea or anything; WWE should be trying to expand subscribers instead of continually trying to placate the diehards.

- Haha. I love when someone asks a question and they duck it. The UK brand and "Network tiers" idea are still chugging along months later.

- I'm very glad to see more good female wrestlers than in years past. There's still work to do, but WWE is definitely improving in that area.

Following WWE's earnings release, their stock rose to its highest level since March of 2014. That's great! I hope those gains continue going forward.

More wrestling coming up.