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It’s safe to say that Wall Street was less than excited about WWE’s Third Quarter Earnings release today. The market overall was strong, finishing up over 221 points. Usually, on a day like this stocks tend to do OK. The WWE stock was down 5.7% and 76 cents, to $12.51 a share. Wall Street obviously didn’t like what WWE had to say today.
SeekingAlpha.com has a look at today’s financial numbers. You can read it clicking here.
The Wall Street Journal has a story on WWE’s announcement that they are dropping the 6 month commitment to the WWE Network. They make the same point I did on the audio Mike and I did, when they say it also makes it a lot easier for people to cherry pick which shows they want to buy and could lead to the overall subscription base dropping. They had better charge at least $19.99 (and I would go higher) for the month that includes WrestleMania or I believe they will take a hit financially. You can read the story by clicking here.
LFPress.com did an interview with WWE Hall Of Famer Trish Stratus about her yoga business, which you can read by clicking here.
You can watch this week’s Triple H-Michael Cole interview by clicking here.
Channel 69 has an interview with WWE Senior Vice President of Television and Network Operations Michael Grossman addressing students at his alma mater, Kutztown University, from 10/28 at this link.
AJ was interviewed by Comibooks.com about her WWE character. You can read it by clicking here.
If you enjoy PWInsider.com you can check out the AD-FREE PWInsider Elite section, which features exclusive audio updates, news, our critically acclaimed podcasts, interviews and more by clicking here!
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