WWE TV deal worth $524m a year. WWE worth $5.7 billion!

Ginn

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https://finance.yahoo.com/news/wall-street-bets-big-world-193027510.html

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Vince McMahon wins yet again!
 
It baffles me how Pro wrestling keeps going.
To each their own....but holy shit people!
 
It baffles me how Pro wrestling keeps going.
To each their own....but holy shit people!
I couldnt agree more but the reality is that the sheeple a.k.a. the moronic masses dont like living in reality.
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It baffles me how Pro wrestling keeps going.
To each their own....but holy shit people!
scripted shit sells better if one gimmick doesn't work try another one why you think Pride was so big.
 
MMA fans always work themselves into a shoot over stuff like this.
 
Here?
Whats up?
Is this news...new? I recall us discussing the WWE's deal with Fox (in comparison to the UFC's new deal with ESPN) awhile back, but aside from a number in a headline, the article doesn't have a whole lot of perspective.
 
Is this news...new? I recall us discussing the WWE's deal with Fox (in comparison to the UFC's new deal with ESPN) awhile back, but aside from a number in a headline, the article doesn't have a whole lot of perspective.

it is the finalized announcement (meaning everything is signed)
WWE had a presser Wed

WWE company value is trading a lot higher than the company worth at the moment.
They made under $35m profit in 2017, so the trading is insane
People are buying for the future projections.

But its a bit misleading to think this is all Vince.
He hired Barrios & Wilson to be the main financial people & they have been turning WWE around.

They are giving 260hrs of primetime programming for that price (5 live hrs a week)
If they do decent ratings & advertisers pay more than they have its a great deal for all sides.
But ratings have not been doing well (even with RR)

But it shows how valuable TV rights are these days
 
it is the finalized announcement (meaning everything is signed)
WWE had a presser Wed

WWE company value is trading a lot higher than the company worth at the moment.
They made under $35m profit in 2017, so the trading is insane
People are buying for the future projections.

But its a bit misleading to think this is all Vince.
He hired Barrios & Wilson to be the main financial people & they have been turning WWE around.

They are giving 260hrs of primetime programming for that price (5 live hrs a week)
If they do decent ratings & advertisers pay more than they have its a great deal for all sides.
But ratings have not been doing well (even with RR)

But it shows how valuable TV rights are these days
So it's kind of like how WME purchased the UFC based on what they thought it would be worth.

Does the WWE Network mislead their TV shows' ratings?
 
@acannxr
The insane stock value is why I said I would not be shocked if UFC went public in 2019/20
They made 7x the profit in 2017
While UFC & WWE will be similar in profit in 2020, the public offering would be worth billions
 
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