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)
|
|
WWE News: Vince and Linda McMahon lost $500 million due to the slumping WWE stock, WWE Network plans under attack
Jul 31, 2012 - 10:55 AM |
Vince McMahon and wife Linda McMahon lost $500 million due to the WWE stock dropping from $18.64 per share to $7.86 per share over the last two years. "To me, it's indicative that maybe the McMahons care more about winning this Senate seat than their shareholders," stated political opponent Peter Schiff. Meanwhile, Linda's campaign stated that Linda no longer works for WWE. To read more on the story, visit Stamfordadvocate.com/news/article/Freefall-of-WWE-stock-costs-McMahons-500M-3743680.php.
Powell's POV: Bradley Safalow of PAA Research states that WWE has spent tens of millions of dollars on the launch of the WWE Network, yet still hasn't found a distribution partner. He also states that communication between WWE officials and shareholders regarding the network has been poor. It will be interesting to see what Vince McMahon has to say about that topic when he hosts a quarterly conference call to discuss the second quarter financial report on Thursday.
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...
|
|
|
Latest from Our Affiliate Site |
|