Total Pageviews

Friday, July 31, 2020

WWE Q2 2020 Financial Reax

Read on for my thoughts on yesterday's WWE financial releases.

WWE released their Q2 2020 financial information on July 30:
- It's EXTREMELY telling that revenue grow so sharply despite so many fewer live events. 

- Impressive digital growth.

- Very good to see WWE Shop revenue up during COVID.

- I mean, yeah, doing all the shows from the Performance Center is much less expensive than touring larger venues.

- WWE Network continues to stall. 

- Things are going well with their mobile games.

WWE held a conference call after this release, covered here:
- It is worth noting how well they're doing respective to other USA Network shows.

- Interesting news on the Indian front with them geoblocking digital views in favor of a TV deal.

- Very good to see a boost in Network subscribers for WM36. I'd assume that was due to the unique circumstances.

- Not a surprise Vince blamed low ratings on no crowds attending. He's partially right of course.

- Oh wow. No second Saudi event this year. That will really change earnings. I'm sure that will be spun into another crazy conspiracy about the Saudi government.

- I'm skeptical about changing the Network's trajectory, but maybe they can do it.

- Wowwwwww that lack of a response about Heyman.

- I wouldn't expect Triple H to do what he does in NXT on Raw and/or Smackdown. His focus is now on opening more Performance Centers.

- That burial of EVOLVE being a small investment. 

More wrestling coming up.  

No comments:

Post a Comment