WWE Shareholders Meeting Highlights – WWE’s Falling Stock, WWE NXT & WWE Superstars, Lower PPV Prices?, Developmental, WWE Network Airing PPVs, More

WWE held their annual shareholders meeting yesterday in Stamford, Connecticut. While meetings such as this can produce several newsworthy tidbits, they can also be very boring. I have recapped the points that are of interest and saved you from the monotony.

  • Vince McMahon said he believed WWE’s stock price has dropped below $8, making new all-time lows because of unfavorable 2011 business results.
  • There are still distribution deals for WWE NXT and WWE Superstars but have been strategically held back. Announcements are coming “very shortly” according to McMahon.
  • McMahon said he doesn’t think the company should lower pay-per-view prices and believes more people are congregating to watch pay-per-views in a tough economy. He blamed the lack of PPV buys on the economy rather than a lack of interest.
  • Triple H said the company’s developmental expansion plans are still in the works and stressed that developmental is the lifeblood of their company.
  • McMahon said there hasn’t been any thought about a physical WWE Hall of Fame but it’s something they would consider in the future.
  • One shareholder wanted to know if the company had considered putting Wrestlemania on free TV and charge advertising like the Super Bowl.  Vince McMahon said if the NFL could put the Super Bowl on PPV they would make more money.  He said he didn’t know of a network that would pay them the rights fees they could make in terms of pay-per-view profits.
  • There were very vague answers to questions regarding the WWE Network with no timetable for launch available.  Much of the same rhetoric that has been recapped for the past several months was used.
  • Vince McMahon said the company was considering airing pay-per-views on the WWE Network but no decision has been made.
  • McMahon said WWE “Classics On Demand” will likely go away when the network launches.

You can watch the entire shareholders meeting at this link.

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  • Logan_Walker

    Announcements Coming Soon For NXT & Superstars ? Interesting….

    Development Expantion Plans ? 2 Different Territorys ?

    Haven't Thought Aboout Physicial HOF ?… Vince Dont Lie Haha (that Would be Good) – have it in eiter tamper or Standford, CT

    WM Free W/Ads In, Was That Investor HIGH ?

    Why Get Rid Of Classics On Demand, Keep It On your network ? Saturday Nights Slot ? Sunday Day Time ?

    • havoc525

      They’ll get rid of the On Demand one because that stuff will already be on the Network.

  • Kleck

    I wonder what the stats are for PPV buys for groups. I was surprised to see many of the PPVs at local Buffalo Wild Wings which got significant interest. It is something I am considering for B level PPV

  • monty

    NO vince its not as much tough economy as you think if 1.3 million people buy WM than people are interested as long as you are willing to give us a great PPV.

    Richard i don't know if you will know but but is Vince the majority owner of wwe? i mean does he own the most stocks?

  • Paul

    I see what they mean by people congregating we always have about 20-30 of us at a mates watching ppvs if the line up is good. We all chip in a few £’s and get some beers.

  • overlord

    wwe going have to change networks and go back to tv 14 mature like tna impact is tv 14….pg not going to work,,i member stocks use be 50 bucks a share in old days when there was mud fights,oil fights,pillar fights and lots hot girls from kelly kelly,trish,many,,was hardcore stuff also freedom expression and swimwear events…the rock,cena are owedd title matches when they ok i think there going be a 3 way dance at wrestlemania or maybe at king of ring or royal rumble,,,i think wwe need go backk tv 14 mature and go on hbo the wwe raw and smackdown on showtime or on nbc,,ppv would pickup..they should never left mynetwork tv station they had public subscriptions and ratings was high 3.4 thats high,,,ya notice wrestlers not on like shamus hes hurt,,,,wwe need better freedom i say hbo and showtime be good business,,,more sexualtity on there no censorship ya seen trueblood sukei got naked on there and there live sex-much also sparticus is hardcore plus game of throne…ya need to rally wwe shows go on hbo and showtime,nxt are be on action channel,,,also nxt are be on a station like fox to promote ppv events they be included in all ppv,also ppv are to be lower down or you pay one fee for whole year access plus online access be cheaper…what happen to cyber monday ppv??// also why wwe not even get the women there own show for hour once a week on a station more promotion for ppv like it could be on cinemax that be freedom of expression

  • overlord

    he are take it off the stockmarket like hugh hefner did playboy its private owned like tna impact is private owned…facebook did a stupid move to go on stockmarket it might not last too long still not big as google,,google owns youtube and google plus might buy more stuff out soon when stocks in other companies go down,,i was hoping they buy out paypal,ebay,craiglist,amazon,,,,grand theft auto 5 sold over billion dollar in 3 days broke all records and cbs showd it,many media,jimmy fallon showd it the game,many talked on it,,they got to make more copies all was sold out……..