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Showing posts with the label WWE TV DEal

WWE Loses $350 Million, Is Vince Mcmahon losing his business and creative Touch?

WWE Lose $350 Million, Is Vince losing his Touch? This blog is inspired by Pro Wrestling Report and their conversation on Pro Wrestling Report Primetime regarding WWE business please see video below. As always all views expressed here are my own I'm not a "wrestling expert" and I don't proclaim to be one I am a wrestling fan with an opinion and my opinion is expressed below please read and enjoy Thanks :) @jon422002 Business Touch Over the last week  Vince McMahon lost over $350 million dollars due to investors in WWE (as WWE is a public traded company) losing confidence in McMahon following release of WWE Network subscribers numbers which reportedly are well below what was promised to investors. Also add in a new announcement of a TV for rights for WWE programming in USA being considerably less what WWE Promised investors also.WWE signed a Deal with NBCU for a 25% rise in TV rights, however this was not enough to please investors and WWE share price pl...