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.
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