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Sunday, November 1, 2020

WWE Q3 2020 financial Reax

WWE released their financial results from the third quarter of 2020:

- COVID cutting travel costs has greatly benefited WWE. 

- The outdated live event schedule will hopefully be revamped to be more profitable when they're able to return to arenas.

WWE held a conference call on the earnings, recapped here:

- I can't help but think the praise for the current management team is a shot at the departed co-presidents.

- I am ALL FOR a Vince McMahon documentary.

- Licensing the Network sounds like a good move.

- Cool to see localized programming in the works. I can't help but think of Ring Ka King and wonder if Jeff Jarrett is involved this, too.

- Not a shock they deflected the question about TV viewership by pointing to digital views.

- I'm very interested in the future of streaming, but TV rights are still by far the biggest driver of revenue in the business.

Stephanie McMahon is now overseeing global sales and partnerships.

More wrestling coming up.

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