VINCE MCMAHON SAYS HE WANTS TO ADD A WEDNESDAY NIGHT WWE SERIES, CLAIMS HE STILL ISN'T INTERESTED IN MMA, EXPLAINS WHY WWE BROKE TIES WITH PLAYBOY AND MUCH, MUCH MORE
By Devin Cutting on 2009-05-01 21:09:20
The 2009 WWE Annual Shareholders Meeting was held this morning (May 1st).
Here are some of the newsworthy items from the meeting:
* Kevin Dunn missed the meeting due to an illness & may have been hospitalized.
* Vince McMahon said that he is not interested in running an MMA promotion.
* Vince McMahon said that WWE is looking into creating a Wednesday night TV
program. He feels that it would not be overexposure due to the huge number of TV
stations available & that being on TV every weeknight would make it easier for
the fans to follow along with the storylines or catch up if they miss any of the
TV shows.
* A shareholder requested the creation of a WWE affinity program. Vince McMahon
agreed to look into possibly doing that.
* Donna Goldsmith said that WWE has major marketing plans for Summerslam 2009,
including a huge party leading into the event. Vince McMahon predicted that
Summerslam 2009 will sell out.
* Donna Goldsmith said that WWE has upcoming meetings with the USA Network & CNN
regarding marketing.
* Vince McMahon said that Playboy wanted to work with WWE again this year, but
Vince turned down the offer because of WWE's new "PG environment".
* Vince McMahon announced that WWE has signed a deal with Pepsi.
* Vince McMahon said that WWE was planning a tour of China, but ran into some
problems. He feels that China will be a big part of WWE's future.
* Vince McMahon said that WWE is considering canceling it's tour of Mexico in
late May due to the swine flu outbreak. He also announced a Mexican tour for
October of 2009.
* Vince McMahon partially blamed the decline of pay-per-view buys on more fans
choosing to watch pay-per-views with each other rather than individually
ordering the pay-per-views.
* A shareholder asked if "Mr. McMahon" could be the person who ends the
Undertaker's Wrestlemania undefeated streak. Vince McMahon said that him ending
the streak would probably anger a lot of people, so it's unlikely to happen.
* Vince McMahon said that both him & his wife will be participating in all of
the upcoming earnings conference calls.
* Vince McMahon said that him appearing in a movie would be a bad idea due to
his lack of patience & time.
* Vince McMahon said that holding Wrestlemania overseas would be difficult
because it would have to air live in North America. He mentioned that Summerslam
1992 from London, England aired in North America on a tape delay & it ended up
being a bad business decision.
The entire meeting can be viewed online at:
http://wwevideowm.fplive.net/wwevideo/wmv/adhoc/corporate/200905/shareholders2009_750.wmv
