WWE News: Revised business outlook includes revealing numbers regarding television agreement with NBCU, leads to negative reaction from traders


prowrestling.net
MEMBERSHIP INFO | LOG-IN | CONTACT US | SUBMIT NEWS | ABOUT US
Insider News • Live TV & PPV Coverage • Hitlists • Results • Blogs

HOME | WWE NEWS | TNA NEWS | MMA NEWS | ALL NEWS | TV & PPV | ARENA REPORTS | VIEWPOINTS | PRODUCT REVIEWS | AWARDS



Dot Net App
GOT AN IPHONE, IPAD, IPOD TOUCH, SAMSUNG GALAXY TAB, OR ANDROID PHONE?

THEN BE SURE TO DOWNLOAD OUR NEW FREE APP
(or SEARCH "pro wrestling" in App Store or Android Marketplace)

Dot Net Podcast
CLICK HERE TO SUBSCRIBE TO DOT NET FREE PODCAST IN ITUNES OR CLICK HERE FOR LISTING OF LATEST SHOWS

WWE News


WWE News: Revised business outlook includes revealing numbers regarding television agreement with NBCU, leads to negative reaction from traders
2014-05-15 22:12:17


WWE issued a revised business outlook on Thursday after announcing their new multi-year television agreement with NBCUniversal. WWE states their belief that they have the potential to double or triple 2012 earnings by 2015 via television renewals and the WWE Network.

"We continue to achieve significant increases in the value of our largest television agreements, a key component of our business plan" stated Vince McMahon. "The rising value of our content coupled with the global expansion of WWE Network will provide the foundation for long-term growth that continues to transform our business over the coming years." Read the revised business outlook at Corporate.WWE.com.

Powell's POV: WWE notes that it hopes to increase the average annual value of their "key television agreements" to $200 million, which would be an increase of $90 million. The news has not been well received, as WWE stock was down $4.83 in after hours trading at the time of this update. It appears Vince McMahon will have to make good on his vow to let a conference call caller put him in a hammerlock if the company failed to double its television rights revenue.

RECOMMEND THIS ARTICLE:


READ OUR INSIDER NEWS BEFORE ANYONE ELSE! BECOME A MEMBER FOR JUST $7.50 A MONTH (or less with a year-long sub) - GET THE FIRST LOOK AT EXCLUSIVE INSIDER DOT NET NEWS, TONS OF EXCLUSIVE AUDIO CONTENT, MEMBER MESSAGE BOARD ACCESS, START YOUR OWN BLOG, AND VIEW THE SITE WITHOUT ANY ADVERTISING: SIGN ME UP (or MORE INFO)



RELATED ARTICLES FROM MGID AFFILIATE SITES...

From Around the Web


MEMBERSHIP INFO
Become a Dot Net Member right now for $7.50 a month or $66 a year ($5.50 a month avg.). Get exclusive audio, first-look insider news, Forum access, member blogs, more...

CLICK FOR SIGN-UP INFO


The Current Must-Read List
WWE News: John Cena appeared to suffered an injury at live event
9/3 Barnett's WWE Smackdown on SyFy Review: New Day vs. Roman Reigns and Dean Ambrose, Charlotte vs Tamina, Sheamus vs. Cesaro, and more...
Gutteridge's WWE NXT Hit List: The Dusty Rhodes Tag Team Classic begins with Neville and Crowe vs. Gable and Jordan, and The Ascension vs. Rhyno and Corbin
Gleed's Blog: WWE is losing out on a ton of money with Rusev
WWE News: Jimmy Snuka removed from the WWE Hall of Fame page
9/2 Zim's WWE NXT TV review: The Dusty Rhodes Tag Team Classic kicks off with Neville & Solomon Crowe vs. Gable & Jordan and The Ascension vs. Rhyno and Baron Corbin, Apollo Crews in action, Alexa Bliss vs. Blue Pants and Eva Marie vs. Billie Kay, and appearances from Johnny Gargano and Tomasso Ciampa
9/2 Moore's TNA Impact Wrestling TV Review: EC3 vs. Matt Hardy for the TNA Title or Jeff Hardy's freedom on the line, GFW's Hostile Takeover, Bobby Lashley vs. Chris Mordetzky, Magnus's Feast or Fired contract is cashed in, PJ Black vs. Bobby Roode for the King of the Mountain Championship, and Kenny King vs. Bram
9/2 Powell's Ring of Honor TV Review: Jay Lethal vs. Hanson for the ROH TV Title, Jay Briscoe vs. Adam Page, Cedric Alexander vs. Caprice Coleman, and Cheeseburger vs. Bob Evans
09/02 Dot Net Weekly Audio Show Set List: Jimmy Snuka arrested on murder charge, Bram arrested, shooting at the WWE Performance Center, TNA's TV future, Hulk Hogan asks for forgiveness, WWE Night of Champions
9/1 WWE Smackdown TV spoilers: Full results of Thursday's television show (spoilers)
ACCESS PREVIOUS MUST-READ ARTICLES

Vote In Our Latest Poll

WWE Raw Poll: Grade the August 31 episode
 
pollcode.com free polls
VOTE IN OR SEE RESULTS OF PREVIOUS POLLS
VOTE IN OR SEE RESULTS OF PREVIOUS POLLS

Dot Net Free Podcasts
08/27 Prowrestling.net All Access Podcast - The Pretentious Pro Wrestling Podcast on the state of the WWE Divas Division, NXT Women's Division coming out of SummerSlam weekend
08/24 Prowrestling.net Podcast: Joel Gertner joines Jonny Fairplay to provide an in-perspective take on WWE SummerSlam weekend
08/24 Prowrestling.net Live Podcast: Special guest Justin Credible and Jason Powell take your phone calls the day after WWE SummerSlam
08/23 Prowrestling.net Live Podcast: Jason Powell and Zack Zimmerman take your phone calls on SummerSlam Sunday regarding the biggest show of the summer and NXT Takeover: Brooklyn
08/22 Prowrestling.net Not Exactly Live Podcast: Darren Gutteridge and Haydn Gleed talk WWE SummerSlam and completely ignore your phone calls
08/21 Prowrestling.net Live Podcast: Jason Powell and John Moore take your phone calls during the second of our of SummerSlam weekend shows
08/20 Prowrestling.net Live Podcast: Jason Powell and Will Pruett take your phone calls in the first our of SummerSlam weekend shows
08/19 Prowrestling.net Podcast: Triple H takes pro wrestling media questions and promotes Saturday's NXT Takeover: Brooklyn live special
08/18 Prowrestling.net All Access Podcast: WWE Raw audio review - In-person perspective on Brock Lesnar's homecoming, Dolph Ziggler's return, final hype for WWE SummerSlam, and more
08/08 Prowrestling.net All Access Podcast: Ultima Lucha Audio Review - Will Pruett and John Moore on Lucha Undergound's Season Finale!
CLICK FOR FULL LISTING OF ALL PODCASTS

Latest from Our Affiliate Site

_pwtorch.com_
CLICK HERE FOR MORE PWTORCH HEADLINES

© 2008-2012 LAST ROW MEDIA LLC • ALL RIGHTS RESERVED -- PRIVACY POLICY