Complete Coverage Of WWE Conference Call With Investors To Discuss 2015 Quarter 1 Results

Vince McMahon and George Barrios held a call with WWE investors on Thursday morning to discuss the company’s 2015 Q1 earnings. The full earnings report was released this morning and is available at this link. I was on the call on behalf of WrestlingNewsWorld.com and filed the following recap: Michael Weitz from investor relations opened the call by reading a prepared statement. He […]

WWE’s Stock Plunges More Than 14% On Monday

Wall Street wasn’t impressed by WWE’s record-breaking Wreslemania 31 pay-per-view or their WWE Network announcement of 1.3 million paid subscribers. WWE’s stock fell more than 14% on Monday. Forbes – WWE Stock Crashes After Record-Breaking WrestleMania 31 The feeling seems to be investors worrying the WWE Network paid subscribers number will drop now that Wrestlemania […]

Major WWE Network Update, Wrestlemania Success & More

Vince McMahon and George Barrios hosted a conference call with investors to discuss the status of the WWE Network following Wrestlemania 31 on Monday. I was on the call on behalf of Wrestling News World and compiled the following notes: Michael Weitz opened the call by reading a prepared statement. He reminded listeners of the […]

Vince McMahon, Triple H & Others Getting Pay Raises

WWE has noted top executives will receive an increase in their base pay for 2015. Vince McMahon’s base salary will increase to $1.25 million and Triple H to $577,500. Kevin Dunn, George Barrios and Michael Luisi are all getting raises. The raises do not include the value of WWE shares owned or annual incentive bonuses […]

How Many WWE Network Has Reached, Free Signups Converting

We received a significant update on WWE Network subscriptions on Thursday as WWE reported their 2014 quarter four earnings and complete 2014 year-end results. As we previously noted, the WWE Network had 816,000 subscribers at the end of 2014. On January 26, 2015 they announced they reached 1 million subscribers. WWE Chief Financial Officer George […]

WWE Identifies New Growth Model

Stephanie McMahon and George Barrios presented at the 17th Annual Needham Growth Conference in New York City on Tuesday. Several points of the core WWE business model were explored, including the company’s new growth model. In 2015 and beyond, the plan is to grow the WWE Network global subscription model, focus on global TV distribution […]

WWE Executives To Present At Needham Growth Conference

WWE issued the following press release on Friday: STAMFORD, Conn.–(BUSINESS WIRE)– WWE (NYSE:WWE) announced that its Chief Brand Officer, Stephanie McMahon, and Chief Strategy & Financial Officer, George A. Barrios, will participate in a presentation at the 17th Annual Needham Growth Conference for investors in New York City on Tuesday, January 13, 2015. A live […]

WWE Exec In Moderated Q&A Session, Wrestlemania 30′s Economic Success

WWE Chief Financial Officer George Barrios will participate in a moderated Q&A session at the Wells Fargo 2014 Technology, Media & Telecom Conference for investors in New York City on Wednesday. WWE issued an official press release to announce his inclusion. You can read it below: STAMFORD, Conn.–(BUSINESS WIRE)– WWE (NYSE:WWE) announced that its Chief […]

Live Coverage Of WWE Conference Call To Discuss 2014 Quarter 3 Results

Vince McMahon and WWE Chief Financial Officer George Barrios hosted a conference call with investors on Thursday morning to discuss the company’s 2014 third quarter results. I was on the call on behalf of WrestlingNewsWorld.com and compiled the following notes: Michael Weitz from Investor Relations opened the presentation by reading a prepared statement. Vince McMahon […]

WWE Stockholder Files Class Action Lawsuit Over New Deal w/NBCUniversal

WWE stockholder Curtis Swanson has filed a class action lawsuit against the company, alleging they violated the Securities Exchange Act of 1934. Swanson’s suit, filed on August 25, 2014 in the U.S. District Court for the District of Connecticut, is on behalf of people who purchased or acquired the securities of WWE between October 31 […]

Nitro Coming To WWE Network, International Pricing, What Separates Stars In WWE

Triple H, Stephanie McMahon & George Barrios took part in “fireside chat” with Entertainment and Media Analyst Laura Martin of Needman Company at the the Needham Interconnect Conference in New York City on Tuesday. Below are the notable points to come out of the chat: Episodes of WCW Monday Nitro will be added to the […]

Stephanie & HHH At Needham Conference, Bella Twins At ComicCon, Daniel Bryan Snubbed

- WWE announced on Monday that Stephanie McMahon, Triple H and George Barrios will participate in a “fireside chat” with Laura Martin, Entertainment and Media Analyst, at the Needham Interconnect Conference for investors in New York City on Tuesday, August 5, 2014. Click here for more. – The Bella Twins were at the inaugural Wizard […]

Complete Recap Of WWE’s 2014 Quarter Two Conference Call

WWE held a conference call/interactive Webcast presentation with investors on Thursday morning to go over the company’s 2014 quarter two financial results. The official release is available at this link. Michael Weitz from investor relations opened the call by reading a prepared statement. Leading the call will be Vince McMahon and Chief Financial Officer George […]

WWE Announces 7% Reduction In Staff

Vince McMahon was quoted in WWE’s 2014 quarter two earnings release, where the company reported a Net loss of $14.5 million for the quarter and some very underwhelming WWE Network subscriber numbers. While McMahon expressed optimism, Chief Financial Officer George Barrios announced that WWE will be reducing their staff by 7%. The comments are included in […]