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WWE Exec Says Company Is In Negotiations For The WWE Network; Admits WWE Studios Was A Failure In 2011

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WWE Chief Financial Officer Georg Barrios presented WWE's business model at the 24th Annual ROTH Conference today in California. You can listen to his presentation at this link.

Unless you just want to listen, I only found a couple of tidbits newsworthy:

* Barrios said WWE is currently in negotiations regarding the WWE Network but he didn't want to say anything that would cause them to lose leverage in them.

* He continued to downplay UFC as competition and admitted that WWE Studios was a disaster in 2011. Barrios said they are looking to expand merchandise revenue in India as they aren't generating anything despite a strong television deal in the country.

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