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ncrdbl1 Offline
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Post: #1
WWE financials
Year end financial for 2014 release last week. The conversion from primarily PPV events to the $9.99 a month WWE Network caused the company to go from a $2.8 million net profit for 2013 to a $30.1 million net LOSS for 2014. As more of the world gains access to the WWE Network instead of buying PPV events that net loss very well will increase.

http://biz.yahoo.com/e/150218/wwe10-k.html
(This post was last modified: 02-28-2015 04:52 PM by ncrdbl1.)
02-26-2015 03:28 AM
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Tiger46 Offline
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Post: #2
RE: WWE financials
speaking of ppv, I hear the Mayweather-Manny fight is going to be close to $100 on PPV.

I remember the old days when four or five friends would split the PPV of $30 to watch the likes of Foreman-Morrison and order pizza.
02-28-2015 04:11 PM
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TallTiger Offline
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Post: #3
RE: WWE financials
I haven't watched it in a long time, but sounds like WWE is in big trouble. Their stars don't have the power to movitate millions to buy the PPV. I'm sure it's a challenge to be creative as well.
02-28-2015 08:30 PM
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Latilleon Offline
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Post: #4
RE: WWE financials
WWE is in a transitional period. If it keeps up with the Network and makes more inroads with customers, the money will come.

Netflix looked like it was on the ropes three years ago when it seem like it wouldn't be able to get the content it needed and it fumbled with "qwikstar." Look at it now.

Plus the company looked like it was about to die in 1995.
(This post was last modified: 03-02-2015 09:09 PM by Latilleon.)
03-02-2015 09:08 PM
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ncrdbl1 Offline
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RE: WWE financials
(03-02-2015 09:08 PM)Latilleon Wrote:  WWE is in a transitional period. If it keeps up with the Network and makes more inroads with customers, the money will come.

Netflix looked like it was on the ropes three years ago when it seem like it wouldn't be able to get the content it needed and it fumbled with "qwikstar." Look at it now.

Plus the company looked like it was about to die in 1995.

WWE Network is fiscally unworkable. The average PPV cost except for Wrestlemania is $44.95. Wrestlemania is $59.95. The cost of a year of PPV is $554.40. It take 4.6 full season WWE Network Buys to make up the cost of a single years worth of PPV buys. They announced they needed 1 million subscriptions to reach the break even mark. but that was 1 million DOMESTIC buys. The did not reach the 1 million mark until after they opened it up to the international market. BUT once the opened up to the international market the 1 million mark is no lounger the break even mark. For every new market they open for the WWE network they must have 4.6 WWE Network buys for every one who used to buy the PPV events.

Let's not forget they also have an SEC investigation and a stock holder lawsuit sitting over their heads. McMahon could be facing jail time.
03-02-2015 10:50 PM
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ericsrevenge76 Away
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Post: #6
RE: WWE financials
ncrdbl1 has an obsession with the WWE and the McMahons falling flat on their face and/or the WWE folding or being sold off. He posts these same threads on a monthly or bi-monthly basis. Nothing new to see here.

He is going to be butthurt over this the rest of his life because it aint happening.

I don't even like Vince or his family, but they aren't going anywhere and neither is the WWE.
(This post was last modified: 03-03-2015 04:35 PM by ericsrevenge76.)
03-03-2015 04:34 PM
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oruvoice Offline
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Post: #7
RE: WWE financials
(03-03-2015 04:34 PM)ericsrevenge76 Wrote:  ncrdbl1 has an obsession with the WWE and the McMahons falling flat on their face and/or the WWE folding or being sold off. He posts these same threads on a monthly or bi-monthly basis. Nothing new to see here.

Yeah. But, it is much better and more interesting than the Nascar posts...
03-03-2015 04:53 PM
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ncrdbl1 Offline
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RE: WWE financials
(03-03-2015 04:34 PM)ericsrevenge76 Wrote:  ncrdbl1 has an obsession with the WWE and the McMahons falling flat on their face and/or the WWE folding or being sold off. He posts these same threads on a monthly or bi-monthly basis. Nothing new to see here.

He is going to be butthurt over this the rest of his life because it aint happening.

I don't even like Vince or his family, but they aren't going anywhere and neither is the WWE.

There a boat load of people who used to work at the WWE office who do not agree with your observation.

http://www.inquisitr.com/1437788/wwe-sto...e-layoffs/
03-03-2015 04:55 PM
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Latilleon Offline
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Post: #9
RE: WWE financials
(03-02-2015 10:50 PM)ncrdbl1 Wrote:  
(03-02-2015 09:08 PM)Latilleon Wrote:  WWE is in a transitional period. If it keeps up with the Network and makes more inroads with customers, the money will come.

Netflix looked like it was on the ropes three years ago when it seem like it wouldn't be able to get the content it needed and it fumbled with "qwikstar." Look at it now.

Plus the company looked like it was about to die in 1995.

WWE Network is fiscally unworkable. The average PPV cost except for Wrestlemania is $44.95. Wrestlemania is $59.95. The cost of a year of PPV is $554.40. It take 4.6 full season WWE Network Buys to make up the cost of a single years worth of PPV buys. They announced they needed 1 million subscriptions to reach the break even mark. but that was 1 million DOMESTIC buys. The did not reach the 1 million mark until after they opened it up to the international market. BUT once the opened up to the international market the 1 million mark is no lounger the break even mark. For every new market they open for the WWE network they must have 4.6 WWE Network buys for every one who used to buy the PPV events.

Let's not forget they also have an SEC investigation and a stock holder lawsuit sitting over their heads. McMahon could be facing jail time.

things I think you miss out on:

#1 they only got fifty percent of PPV revenue. So that $50 becomes $25. Secondly not all wrestling fans paid for PPVs. I think most got 100k buys and Wrestlemania did about a million.

#2 if subscriptions grow and they pick up casual fans, they need three subscribers to make up for the lost PPV revenue. Once they have the subscriber base, they can easily market to them with ads and they know who to direct merch to.

#3 WWE network could easily have 10 million subscribers in the next ten years. All it takes is for the company to come up with the right programming mix. I don't think WWE network will strictly be wrestling. Before you know it, it might open the door for being a Netflix or Amazon Prime type content provider.
(This post was last modified: 03-03-2015 06:16 PM by Latilleon.)
03-03-2015 06:14 PM
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ericsrevenge76 Away
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Post: #10
RE: WWE financials
(03-03-2015 04:53 PM)oruvoice Wrote:  
(03-03-2015 04:34 PM)ericsrevenge76 Wrote:  ncrdbl1 has an obsession with the WWE and the McMahons falling flat on their face and/or the WWE folding or being sold off. He posts these same threads on a monthly or bi-monthly basis. Nothing new to see here.

Yeah. But, it is much better and more interesting than the Nascar posts...


Well done sir 04-cheers
03-04-2015 04:40 AM
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ncrdbl1 Offline
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Post: #11
RE: WWE financials
(03-03-2015 06:14 PM)Latilleon Wrote:  
(03-02-2015 10:50 PM)ncrdbl1 Wrote:  
(03-02-2015 09:08 PM)Latilleon Wrote:  WWE is in a transitional period. If it keeps up with the Network and makes more inroads with customers, the money will come.

Netflix looked like it was on the ropes three years ago when it seem like it wouldn't be able to get the content it needed and it fumbled with "qwikstar." Look at it now.

Plus the company looked like it was about to die in 1995.

WWE Network is fiscally unworkable. The average PPV cost except for Wrestlemania is $44.95. Wrestlemania is $59.95. The cost of a year of PPV is $554.40. It take 4.6 full season WWE Network Buys to make up the cost of a single years worth of PPV buys. They announced they needed 1 million subscriptions to reach the break even mark. but that was 1 million DOMESTIC buys. The did not reach the 1 million mark until after they opened it up to the international market. BUT once the opened up to the international market the 1 million mark is no lounger the break even mark. For every new market they open for the WWE network they must have 4.6 WWE Network buys for every one who used to buy the PPV events.

Let's not forget they also have an SEC investigation and a stock holder lawsuit sitting over their heads. McMahon could be facing jail time.

things I think you miss out on:

#1 they only got fifty percent of PPV revenue. So that $50 becomes $25. Secondly not all wrestling fans paid for PPVs. I think most got 100k buys and Wrestlemania did about a million.

#2 if subscriptions grow and they pick up casual fans, they need three subscribers to make up for the lost PPV revenue. Once they have the subscriber base, they can easily market to them with ads and they know who to direct merch to.

#3 WWE network could easily have 10 million subscribers in the next ten years. All it takes is for the company to come up with the right programming mix. I don't think WWE network will strictly be wrestling. Before you know it, it might open the door for being a Netflix or Amazon Prime type content provider.

Seeing that Raw has only 3.4 million viewers and Smackdown less than 2 million. I doubt you will be able to dig up 10 million WWE Network subscribers. One of the WWE Financial officers was just recently raked across the coals for suggesting they will be able to reach 3-4 million subscribers. You are also far off on your Wrestlemania buys. 2014 saw fewer than 700,000. Which indicates a major loss of revenue compared to previous years with around 600,000 WWE Network times at the time. Which translates into about a net reduction of around $25 million from Wrestlemania alone.


April 3, 2011: Wrestlemania 27: 1,124,000 worldwide PPV buys (679,000 buys in US/Canada)
April 1, 2012: Wrestlemania 28: 1,219,000 worldwide PPV buys (715,000 buys in US/Canada)
April 7, 2013: Wrestlemania 29: 1,104,000 worldwide PPV buys (662,000 buys in US/Canada)
April 6, 2014: Wrestlemania 30: 690,000 worldwide PPV buys along with 667,287 subscribers to the domestic WWE Network

WWE Network is not adding new customers just moving them to a lower cost alternative.
(This post was last modified: 03-04-2015 07:49 PM by ncrdbl1.)
03-04-2015 07:30 PM
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