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WWE profits for 2017 (so far): 6.000.000 $ WWE profits for 1999

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WWE profits for 2017 (so far): 6.000.000 $
WWE profits for 1999 (total): 68.000.000 $
>b-b-but muh wwe is g-growing!
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is 6.000.000 $ bad?
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If you were projected to have more than that. Or, alternatively, if you could've made more than that by booking smart.
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bbut muh revenue
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>>2937964
>are dwindling profits bad?
Any MBAs here?
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>>2937958
If you consider the history of pro wrestling, the MNW boom was an aberration. Wrestling has historically been an industry with small profit margins. That level of business wasn't sustainable, so WWE has returned to historical norms.
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is the 1999 number adjusted for inflation?
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>>2937996
These numbers are low even for non-MNW years. >>2938000
Nope.
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>>2938003
WWE would have had over 80-million in profit in 2001 if it weren't for the XFL.
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>>2937964
Comparing with the fact that the "small leagues" NJPW makes almost the same amount of money every year, its pretty bad
>>
Predicting this thread"
>"Nobody can draw anymore, the business is dead"
>"Muh NJPW/ROH is successful"
>"Hurr, outlaw feds don't count"
>"Muh G1 Climax, muh 6.999 star matches"
>"Manlets can't draw, Roman should be top guy."
>"1995 historically low draws"
>Fighting between E-drones and smarks until the thread is archived
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>>2937964
when your revenue is over 400m then ,yes, its
bad. it's a 1.5% profit magin
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>threadly reminder that vince spent the attitude era profits on the xfl
>the xfl
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What the fuck do they spend all that money on?
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>>2938896
the McMahon's egos
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>>2937964
Can you do basic comparison math and find a trend?
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>>2937958
They do so much work like just so much to it

And their only profit is 6 million lmao...

Thats ridiculously awful tbqh
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>>2937958

Ok so assuming most posters here are American...

I thought America was a country all about little mom n pop businesses and everyone was an entrepreneur?

Even if you're young and just on part time hours somewhere... HOW THE FUCK CAN YOU NOT GRASP THE MOST BASIC ELEMENTS OF BUSINESS MANAGEMENT?

You cannot compare just bottom line profit reports from two arbitrary years and decide which means growth and which means failure.

Once you compare turnover, and then look at investment you get a clearer picture. Until then, you have no idea whether $40m has been ploughed back into development and regional expansions, or anything.

The numbers mean less than nothing without any sort of context for them.
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Makes sense that they started cutting down on non essential expenses like pyros and shit. Here comes the wave of releases.
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I'm not going to discuss the monetary side of things, but let's face it, WWE has been coasting ever since they bought out the remainder of WCW.

There's no real competition anymore, so why even bother trying? You're the only game in town after all.

It's a shame, because Vince is at his best as a promoter when he is being pushed.
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>>2938009

don't forget the 50 mil vinnie sunk into his wife's political career
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>>2938942
>wwe money was spent on Linda's campaign
Are you really this fucking clueless about how corporations work? That would be fucking illegal, the WWE's money is not Vince's money.
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Dunno bout murrica but in Germany you don't maxmize profits, you maximize revenue/sales
Tax on profit is the thing you wanna avoid by reinvesting and spending before the tax you.
Your goal is Max revenue by min profit
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Kek wwe haters aka smarks exposing themselves as dumb as fuck cretins

You want to maximize revenue and minimise profit for maximum 'profits'. Dumb ass fuckers.
>>
Wrestling is such a shitty way to make money. It's incredibly hard to turn a profit as a wrestling promotion, and 99% of all Indies end up bankrupting themselves eventually.

WCW was obviously not an indie, but even it only turned a profit for like 2 or 3 years of its existence. The rest was a total loss, and then it was sold to Vince for a pittance.

TNA only ever turned a profit for a few months, it's lost money constantly the rest of the time.

ROH had to be sold, because it was running on fumes in terms of financials.

Wrestling (in the west at least) was only ever mainstream for a few years in the late 90's. It's been a niché cult thing at all other times. That's why you'll never see another Monday Wars type scenario ever again. Nobody wants to pump money into a shitty business model.
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>>2938967
this. thank you, someone who actually understands the most basic flows of money in commerce.
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>>2938984
worked
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>>2938989
Wrestling was huge in the 1950s, mid 70s, and the late 1980s.
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>>2937964
Njpw did about the same
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>>2937958
>muh record revenue
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>>2938967
This. Goddamn i knew /asp/ was retarded but jfc
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>>2938967
yeah but what the fuck are they spending it on?
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>>2938967
SMARKS BTFO
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>>2939047
It's called money laundering with shit projects like nxt, wwe studios movies, performance centre, wwe network garbage shows that no one watches like 205 live and talking smack etc.
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>>2938967
>Attendance is down
>Ratings are down
>Merch sales are down
>More people jumping ship every day
>"WWE is making embarrassingly low profit on purpose."
The state of E-drones
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>>2938984
So how the fuck does this work? You have to make it look like you're spending all the money you're making, without actually spending it?
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>>2938984
I'm sure WWE made $1.3 trillion, they just put it back into the company so it just looks like they made $6 million, right? Doesn't matter that all their other sales figures are going down the shitter, because they really made sooo much money guys.
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Can someone explain this revenue vs. profit thing? I assume everyone's salary is part of the revenue? This shit is confusing the hell out of me. How can they profit only 6 million, I'm clearly not understanding how this all works.
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>>2939609
They're saying that WWE actually made more than $6 million in profit, but that they put it all back into their company to avoid it being taxed. I'm sure that's true to a certain extent, but E-drones use the likelihood of that as some kind of "checkmate", even though it doesn't disprove the fact that WWE is doing worse than they have been.
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>>2939609
From what I learned in intro to business is that revenue is the amount of money you generate before paying stuff like people's salaries and travel and shit. The profit is the extra money that's left after paying those costs.
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>>2938967
>>2938984
Dumb socialists have convinced themselves that low profits is good economics.
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>>2938967
>>2938990
>>2939035
The USA has laws for this thing called fiduciary responsibility. It's a fairly complex thing, and it applies itself in a lot of different ways in the US economy, but the simplest aspect of it is this: CEOs are legally responsible to generate profits through their decisions and the subsequent actions of the company. It's a shareholder/investor safety net, where the holders of stock in a company are guaranteed that the CEO and all corporate officers will always act in the interests of making the shareholders more money. If a corporate officer fails in this matter, they'll be kicked out, sued, and possibly investigated by relevant government agencies.

So the idea of shifting profits in a downgrading fashion would be illegal on numerous fronts in the US. Why? Because profits are the metric for success, and success means more stock value. Get more profit, make happy shareholders, keep profit, create dividends when you have lots of profit, make shareholders happier, and the economy thrives.

tl;dr: there's a reason germans don't get rich on the stock market, and that reason is socialism
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>>2939771
This. Don't listen to a bunch of fat anti-smarks who have never made more than 5 figures in their entire lives, and don't know the first thing about business law.
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>>2937964
>>2937964
>is 6.000.000 $ bad?

Oy vey goy you have no idea how bad
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>>2939771
This. It's a common wisdom to have the highest ROI possible as a success metric. WWE is not a startup unicorn where profits don't matter (and this applies only in the first few years). Granted, WWE can try to say that they are spearheading the innovation in digital consumption of sports entertainment, but the networks are not in a good shape either: paid subs are essentially flat for 3 years now.
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>>2937958

Profits are unpaid wages.
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>>2939021
...and did it by spending far less money
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>>2938951

It is when he owns over 50% of the company
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>>2937958
>>2937958
>11 hours without a source
You the same guy that posted the fake numbers a couple days ago?
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>>2939894
Owning 50% of the company =/= taking home 50% of its profits. You don't know what sorts of contracts are in place to determine what percentage of WWE's income goes where, to which shareholders, divisions within the company, or partners.
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>>2938896

I shudder to think how much it cost them to hire an entire Cruiserweight division just to not put them on TV and, as a result, draw ZERO DIMES

These people are fucking idiots.
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>>2938896
I imagine a lot of the money being spent these days is on all the indie fucks Haitch brings in for his tournaments that nobody cares about.
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>>2939771

Vince McMahon is the majority stock holder by himself. He can cook the books anyway he wants.
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>>2938907

WWE is a publicly traded company. Go look up the quarterly cash flow statements and report back on any massive cash outflows due to investment.

Though, now that I think about it, I'm fairly certain massive investment spending wouldn't go directly onto an income statement under the accrual method of accounting. The cash account would be lowered by the cost of the purchase, and the account of whatever asset they invested in would be increased. If it was some depreciable asset, it would become an expense gradually as it depreciated. I suppose it's not your fault that you didn't know that. Being a Yuropoor, you no doubt are assuming IFRS, like the rest of the mentally challenged kids.

tl:dr Even if they spent $100 million on some grand investment, that would not affect reported profits.
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>>2940020

I can't begin the list all the ways this isn't true.
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>>2939831
300 000 people a year on average get wrestlemania for free at least.
The state of this fucking company.
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>>2940020
>Vince McMahon is the majority stock holder by himself
...And? That's all the more reason for them to be profit-driven and not do the cockamamy socialist shit the deutsche bro was talking about. By focusing on profits and not getting distracted by investment, he can then issue a higher percentage of dividends.

Breaking it down for those not in the know of basic market terminology: dividends would be their way of taking the profits and paying THEMSELVES with it via their holdings. It's the ultimate form of financial double dipping, and depending on how they are structured (likely extremely well) as individuals it could then be tax-free. The WWE makes profit, they pay themselves the profit via dividends, they pay little or no taxes on the profit, and the wealth stays in the family.
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>>2938942
That's not true. He went and sold his shares and send money to Trump. Or rather... He sold his shares and then him, his wife and his whole family gave trump money for his campaign.
>>2939570
Several of these points are not true
>>2939994
Yup, imagine being Triple H and seeing how much people in arenas don't care for purple ropes. Imagine being pissed off your pretty cool project failed when it was taken away from you.
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>>2940025

Listing none means you have none

>are you kidding me!? you're a fucking white male!!
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>>2937958
For a publically traded company its atrocious.
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>>2940057

Let me list one then:

1.) The WWE is a publicly traded company. This means it has to obey SEC rules with regards to public release of financial documents like balance sheets, income statements, and the like.

Vince is not allowed to "cook the books however he likes," retard.
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>>2940107
>Vince is not allowed to "cook the books however he likes," retard.

Yeah, because it isn't like all companies do this all the time and get away with it because no one dares to control them.
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>>2940194
>maybe if I use vague innuendo and pretend that the WWE is on the same "too big to fail" level of corporate power as a bank or energy company and thus is above the law, nobody will realize how full of shit I am and how obviously I am doubling down on utter bullshit to protect my fragile ego from being wrong!
Yyyyyyyyeah, no. WWE is tiddlywinks as far as corporate size goes. To put it into context, they're not even as valuable as the Chipotle restaurant chain. Companies of their size get reamed all the time for trivial shit, it's all but guaranteed that they try their best to play everything by the rules.

That said, the "rules" in american corporate law are so lax and easily manipulated that you don't even have to fucking do anything shady to come out on top. Thinking Vince has to cook the books is like thinking you have to cheat to beat a fucking blind person at darts.
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>>2940194
Read up on Lehman Bros.

Then feel like an idiot.
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I mean it's pretty obvious that wwe spend a lot more compared to the past, they have hd cameras, sets, led lightings, developmental, medical facility, movies and reality show.
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>>2937958
This is why wwe needs to bring back Kerwin White
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>>2938026

Counter-argument.

WWE is too big. If their revenue is about 400 mil and they only get 6 mil in profits. Thats just bad business.

A lot of performers are overpayed and their merch doesnt come out fast enough.
Braun JUST got a t-shirt when he was hottest about 2-3 months ago.

Its simply the WWE is too big and is run ineffectively by old men. They need new hungry blood in there, for Vince to step down and to give their overpriced performers more creative freedom to earn the salary they are being paid.
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>>2939831
WWE network isn't really growing since WM 31

LOL
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>>2940437
WWE started using HD cameras nearly a decade ago.

They've been using a developmental since the late 90s.

If they're spending all this money and not making any, they're bad at business.
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>>2940461

>A lot of performers are overpayed

No fucking shit. How much money did they pay Jinder to come back? When they could have just paid any Local Talent $100 to get whooped by actual wrestlers, and they wouldn't have put the fucking championship on a bad comedy jobber that way.
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>>2940461
Triple H is part of the spending problem. NXT has never made a dime profit. Yet he continues to bring in expensive indie guys that are already close to the end of their careers.
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>>2940635
NXT is investing in the future of the company you dingus
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>>2938896
Their salaries, duh. The shareholders split the profit.
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>>2939771
That's why the WWE is called a stock scam. The McMahon family take their pieces out from the revenue as employees, THEN they also take the biggest chunk of what's left of the profit, and let the retards who own stock in it have the crumbs.
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>>2937958
Holy shit that's some paper thin profit margins.

>>2937996
Sure whatever but back then wrestling promotions weren't publicly traded companies.
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>>2940044
That mean a "capitalist" economic model focus on creating the ilusion of making money while a "cockamamy socialist shit" focus on actually making money? That explain why the American economy is so shit nowadays
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>>2939994
Yeah I think Network programming has taken up a very large slice of the expenses. Vince seems to think that having more content on the Network will make more people want to sign up for it but I don't think that's true.
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>>2940044
>he can then issue a higher percentage of dividends.
He doesn't give a shit about dividends when he runs the damn company and gets a bigger chuck of the revenue instead. He makes more money with his salary and bonuses he gives to himself than anything he could ever make with dividends. You know CEO's get crazy salaries and bonuses right? You do know that? You also know that money being paid to Vince comes from the revenue portion and not the profit, right?

Let try to spell it out for you and any other retard who doesn't get it with a hypothetical scenario.

>300M Revenue
>295M spent on production, marketing, and salaries/bonuses for Vince, HHH, Steph, Shane, Dunn and every "corporate" employee which comes to about 80M
>5M Profit that go to shareholders

or

>300M Revenue
>250M spent on production, marketing, and salaries/bonuses for Vince, HHH, Steph, Shane, Dunn and every "corporate" employee which comes to about 30M
>50M Profit that go to shareholders

If you owned the company which would you rather have?
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>>2940650
What the fuck for? Everyone who comes from the indies is already better and aren't always dead on arrival like NXT ""stars""

They can teach new guys WWE style at house shows and in dark matches if they wanted.
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>>2940925
Bringing guys on the road would mean they have to pay them like main roster guys, too.

>Everyone who comes the indies

...like Mr. Kanellis?
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>>2939574
I think the idea is that it forces companies to reinvest their revenue instead of keeping it as profits, then the money is being used in a way that finances economic activities that pay off a lot of people instead of paying off shareholders. But then again I've never heard of such a thing before so I'm just assuming, I don't know if they actually do things like this in Germany like that other anon said, sure reinvesting profits is perfectly normal but only if you believe that the following investments will generate further profits and not just to evade tax.
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>>2938896
Takes a lot of money to scour the indies, sign most of the top guys, open your own "school" which is essentially a multi-million dollar factory to mass produce Superstars and then still put millions into the McMahon's pockets.

All those cruiserweights on 205 Live, all the prospects at the Performance Center (not to mention the maintenance of the PC and PC staff), all the UK guys and women they now retain, not to mention the massive main roster contracts all cost a shitload. And that's not even touching how much staff they have to pay to transport and construct their massive, expensive LED screens and lighting rigs. Then there's video production/editing, corporate staff in Stamford and again, filling the McMahon's pockets.
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>>2939609
Profits (can also be called earning) is net revenue minus net expenses. I'm going to assume we're talking about EBITDA here (Earnings Before Interest, Taxes, Depreciation and Amortization).

So basically imagine you have a hotdog stand and it profits 100$, but those 100$ are going to get taxed so before they do you use 75$ to buy another stand leaving only 25$ to be taxed because you don't get taxed on money you reinvest on your business. So the question is if WWE are doing the same thing since the profits they declared so far are really low, but it's not like you can just say "oh I totally put the rest of the profits back into the company" without actually showing that you're actually using that money on something so the real question is just what exactly is WWE doing with that money, if they indeed have more profits than they showed so far.
>>
>>2940461
>Braun JUST got a t-shirt when he was hottest about 2-3 months ago.
I will never understand this bullshit. Jinder also had no merch when they put the belt on him, like you put the belt on the guy for the sole purpose of pushing merch on India and you have nothing to sell?
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>>2940613
>comedy jobber

I don't think you know what that means
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>>2939894
You seriously need to get a clue about financial reporting and business. The XFL was a WWE entity. Linda's political career was not.
>>
The most hilarious 'E drone response I've seen so far:
>m-m-muh foreign investment expenses to piss poor Pajeet and African markets that might pay out in 30+ years! (but they never will)
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>>2940547
They already have almost everyone they will ever get. They will probably grow by several percent every year after WM.
>>2940613
There are several expenses that are hidden with using jobbers. They got burned by the guy who reinjured his leg during some random squash. So no more using local talent in the ring if they are not already medically cleared.
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>>2940913
Not Vince, Barreos. That's called user retention. And "superserving" their subscribers. That basically means overwhelming their user so they won't ever cancel, because there is always something new to watch.
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>>2941053
you're making this up

they don't pay their actual talent's health insurance they're sure as shit not liable for the "I Like Big Sweaty Men" guy, you dummy
>>
>>2941072
Well the difference is that unlike Netflix no matter how many shows the put on the Network they will never be able to truly diversify their content because in the end all of it is wrestling.
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>>2938967
Based Nazi literally HOLOCAUSTING the fat virgin smarks
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>>2938907
last year they profited 35-38 million which ranks 11th out the last 20 years

this year is worse than that
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>>2941079
Yeah, we all know that, but they wanted to be Netflix. Now they stopped using Netflix as comparison, they are basically saying: "we have ton of content for our loyal customers and we will produce more content for them, so they won't leave"
They are slowly getting subs over time and are saying during their conference calls that they are on a way to hit their target. But they also stopped saying when they want to hit it.
Basically it is - we have hardcore base, that is paying the most money they ever paid and we can get slowly new customers, but we have to make sure we don't loose any of our current customers.
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>>2941100
Sounds like a solid plan desu, I wonder if it's gonna work out for them.
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>>2940022
See, this is what I am talking about when I say Americans don't understand capital flows in business.

You are taking a single number - annual net profits, and attempting to divine the health of a company through a single number. It's impossible.

Second, you have created a fantasy scenario where a large scale entertainment business purchases zero consumables, and all income flows are converted immediately into fixed assets.

Your flawed scenario fails to acknowledge the increase in variable costs incurred by expanded operations, as well as the enormous bills for consumables and services that a global media and live events organiser will naturally incur.

A company enjoying reduced profits after expansion that outweigh the perceived increased value of the post-expansion company is by no means extraordinary. It's probably more like "the norm", than growing fast and immediately cashing out.

Finally, your point of "go and look up cash outflows" is literally what OP was being told to do to avoid all this idiocy.

I know the board demographic is dominated by the young and the cretinous, but god damn I didn't even go to a good school and we learned this shit at 13 years of age.
>>
>>2941077
Nah, not insurance. They are afraid of people getting injured in their ring. Because it's really bad PR. And also even if the guy signs waiver if he destroys his leg so he can't work in wrestling anymore.
And to be honest. Vince is a good person when it comes to wrestlers. He would probably pay the guy under the table for his medicals.
There are probably other hidden costs we just don't see.
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>>2941108
>this nigga literally believes WWE is going to turn this ship around despite falling flat on their faces for the last 5 years and all of their expansion investments failing miserably
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>>2939771
>The USA has laws for this thing called fiduciary responsibility. It's a fairly complex thing

Too complex for you, laddy.

Acting as a fiduciary does not mean what you think it means. It means that if you are the investment manager of two investment organisations, you are not legally permitted to throw one of your groups under the bus in order to boost the profits of the second.

Your imagined scenario - where you believe American CEOs are somehow beholden to the law of the land to produce the maximum available profits to ensure maximum dividend payments is not only wrong, it is fucking hilarious. It is fucking hilarious because that is what is known as "asset stripping".

If you had a nation where the laws said "profits must be released as cash dividends to shareholders" then every successful company would collapse on the first downturn of the business cycle.

Fuck me, you use words like "socialism" as an insult but your fantasy scenario would kill capitalism faster than any communist dictator could dream of. The complete lack of understanding is amazing to me.
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>>2941116
You will see if you read carefully that my point is nobody can tell. I would be arguing against my actual point if I then pretended to know they are a healthy company.

Go back and read what is being said.
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>>2941116
They could have been doing better, if they weren't afraid to make real stars.
But Vince no more wants to get held by his balls by some star. And he doesn't want to loose his biggest draw to Hollywood.
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>>2941131
Based Hollywood working Vince into irrelevancy
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>>2941129
>dwindling profits directly related to giant money pit projects that are objectively failing
>attendance and ratings taking an absolute fucking nose dive
>social media metrics are good but don't take into account this is overwhelmingly complaints about how poor the product is and the debate of switching to their competition

>t-there's no way to tell if they're performing well!
>>
wrestling has been dying a slow death around the world since the mid 00s and every year it gets worse why is anyone shocked
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>>2941142
Yes, he now has this guy in Roman who could be the biggest thing. Just... is missing something. When he's not scripted he just sweats charisma. But the shit they give him... And he just says it.
Take the promo with Joe and Lesnar. Those two were owning the ring, you couldn't take your eyes off them. And behind them in the corner was this dude who just wanted to say his lines.
"Hey guys, I am still here, heeeey guyyyyyyys..."
But Vince lost the guy he needed to bridge to decade to the Hollywood and there is always threat of the injuries. See Finn and Rollins. He lost them when he needed them. They failed him. Maybe if Braun didn't injured himself this year already, maybe then he would be great The Guy in Brock spot (not Cena, not Roman, but Brock), but now? He already got a little booboo on his elbow. No more putting my eggs in one basket.
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>>2941155
Not really. UK wrestling was dead in mid 00's now they are selling their clubs where they perform and are moving to bigger venues.
Fucking PROGRESS is running New York show. PROGRESS. They were founded in 2011. They were a blip several years ago. Now they can take their production (and they have awesome looking product, check it out if you want to see how good it looks on screen) and roster and fly it to New York.
Japanese promotions are also doing better year after year (of course not as well as in heyday) and I am not talking only about NJPW. DDT (fucking comedy wrestling rpomotion) is running Sumo Hall, Dragon Gate just ran Kobe World Arena (reported 9800 attendance, I call bullshit, maybe 7500, but still...). CMLL is drawing huge each Friday in Arena Mexico and so on.
Wrestling is making more and more money for people.
>>
>>2941186
Big wrestling in America is dead and doesn't even know it yet. It's like the old big circus that just shut down. Overseas will be fine
>>
>>2941150
Again, you are guessing. Go and read what people are saying. Your position of certainty is based on flawed understanding of data, and lacks an appreciation of business scaling and short, mid and long term objectives.
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>>2941201
But do we need wrestling to be big? Vince's WWE nowadays is sucking the soul of what prowrestling can be. There are flashes of brilliance, but not enough.
Maybe return to the basic formula with basic stories of good and evil.
For example for me the best thing going right now is Juice Robinson. Jobber from NXT. Went to NJPW dojo in Japan. Last year had his first bigger stage with Tanahashi in Tag league. Tokyo Dome where he tried to make Cody look like a superstar (he got SINGLES match in the Dome!), pinning Naito in tag match. Having awesome main event against Naito for the belt and having great story about it. And now. He gets beaten every single night to a pulp in G1. And he still comes out looking like a bigger star after every match.
It's like basic coming of age story. Basic, old as time. And these basic, old type of stories work, because they are ingrained in fabric of our society.
Maybe being almost billion dollar company is what is killing WWE. Not in term of money they are making, but in term of a soul.
>>
>>2941203
>a teenage psuedo-intellectual thinks this is more complicated than it is

shocking

18+
>>
>>2937964
Considering the turnover, yes
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>>2941250
This is such a weak out you'd have saved more face by just not responding.
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>>2941126
You're literally incredibly ignorant and spent 10 minutes typing out a bullshit post.

First, I never said dividends were mandatory. They're favorable and enticing to investors. Second, it's fucking INCREDIBLE that you think fiduciary only applies to investment managers. It doesn't.

http://smallbusiness.chron.com/legal-relationship-between-shareholders-ceos-33637.html

>The fiduciary duties are legal concepts that form the basis of a CEO's legal relationship with his company's owners. According to the American Bar Association, courts have ruled that a CEO's relationship with his small business's shareholders carries more legal responsibility than his relationship with his company's creditors. This is because the creditors' relationship with the company exists purely as a result of a legal contract. The shareholders' relationship with the CEO, by contrast, entails both a binding contract and the trust of that CEO in controlling the shareholders' property.

>The duty of loyalty requires that a CEO always acts in the best interest of a business's shareholders, and that he places that interest above his own in business decisions

tl/rd: you're a know-nothing 21 year old. And a socialist marxist. Clean your room, faggot.
>>
>>2941414
wew
>>
That's still 60,000,000 dimes for WWE vs 0 dimes for gook + outlaw + ... wrestling promotions. WWE wins again.
>>
>>2941444
seething
>>
>>2941126
>>2941108


It's an /asp/ becomes /biz/ episode , but more cringier than /biz/.

Can somebody prune this thread already ?
>>
get a life ya fuckin mark

Based Vince literally working the smarks with worked profit numbers now, fucking GOAT
>>
>>2941724
yeah, record low numbers
>>
>>2941414
I like how you linked and green texted a resource that not only confirms what I already posted, but also confirms you didn't understand what I wrote or what your resource says.

Now, to be clear, a fiduciary is not "only" a fund manager, as you said I had said. In fact, I was giving an example.

A fiduciary - as both I and your own green text says - is somebody who is legally obliged to work in the interest of his investors.

Releasing equity and/or pumping bottom line profits is not responsible governance.

What happens if you make large bank? You pay large tax.

What happens if you generate revenues, syphon that cashflow back into your business, incurring much higher expenses but expanding exponentially your company's base of operations? You generate less in terms of net profit, but safeguard your interests against future lean times, AND you create the potential for higher long term yields.

Therefore, as I have said right from the start: A single profit reading can be no indicator of a company's health, without an understanding of its level of internal investment throughout that period.

>>2941713
This is valid discussion.
>>
By the way one of those things that lowered their profit is buying whole new production building in Stamford, spending big part of their 200 mil loan they took at the start of the year to have cashflow.

>"The Mae Young Classic is really an opportunity for us to bring up young female performers, which is vital actually to our overall product," McMahon said of the tournament that will be released on the Network starting August 28.
McMahon pushed, as Executive Vice President Paul Levesque did in an interview earlier this month, the notion that women's wrestling performs well when it comes to WWE's TV ratings.
McMahon said many of the quarter-hour ratings that perform well are those featuring female talent.
The chairman expressed that the Mae Young Classic is another opportunity for the company to do a better job appealing to a female audience, which McMahon admitted hasn't always been the company's strong suit.

Another thing where they spent more money, making more episodes for Total Divas, which makes them some good money and also new audience.
>>
>>2941318
Your argument is literally "let me use some phrases I googled to sound like I'm knowledgeable" and chastise others for having an opinion

Classic 17 year old behavior
>>
>>2941922
Dammit, I can't into greentext
>>
its about 5 star matches.... Op you are a fag.
>>
>>2937964
I think that is Brock lensar contract dollar amount.
>>
>>2939831
WWE could easily get 5mil viewers per Monday but the show sucks. I would bet if they would double TV ratings the network numbers would double to.

I am wondering when WWE will admit the whole indy thing was a fail. I mean Brian won the title at WM 30 and those numbers really didn't increase with him as champ.
>>
>>2941942
There's many factors here. Lack of new ideas, lack of competition so artificially wanting to make the indys into a rival, Gaytch pandering to the vocal neckbeards for getting their support on his attempt to becoming Vince's only heir, the indy guys are vanilla midgets so they're docile and beta unlike the alpha males from the past who constantly made problems backstage and ran to Hollywood or other things, etc.
>>
And by the way - attendance is not getting lower, it's actually getting higher.
They are running more events then last year, they will probably run more event then there are days in a year.
They have less attendance in each arena, but running more events per year means getting more people to buy their ticket.
>>
>>2941965
I want the marks to name one current guy on the roster that can make a movie, or host a mainstream award show. All the guys suck now.
>>
>>2941999
The Wall with Cena looks fun.
>>
>>2942003
yea, I do not think Cena is a mark fan favorite ha.
>>
>>2941929
Assuming Brock doesn't want to come back, how will Vince spend that 10-12 million dollars? Who will he poach from anime land?
>>
>>2941923
The fact you have read my posts and replied "these are just random phrases" doesn't make me look bad to anybody who has any business brain on them. It makes you look bad, for essentially admitting you couldn't understand any of it.

Again I am amazed that some of these things which I thought were just regular common knowledge by about age 13, are completely unknown to so many people here.
>>
>>2942019
He should pay Fin all that cash, because we all know Fin is a 5 star wrestler.
>>
>>2942019
Same negotiation tactics like last time.
SUDDENLY AP THEMSELVES WERE ON THE EXACT SPOT WHERE THEY NEEDED TO BE TO SEE BROCK AND HEYMEN WALKING INTO UFC HQ!!!ONEELEVELEEEEEEEEN
Eh.
>>
File: Everything is Bullshit.gif (2MB, 400x218px) Image search: [Google]
Everything is Bullshit.gif
2MB, 400x218px
>>2941112

>Vince is a good person when it comes to wrestlers.

Ha.
>>
>>2941942

>I am wondering when WWE will admit the whole indy thing was a fail

This is like buying a shiny new TV, and then blaming it when your house burns down because you left the stove on.

"Indy guys" aren't the reason hardly anyone watches this shit any more. Non-indy guys like Braun or Roman haven't made a shit of difference either, and they're Big Sweaty Men. The WWE absolutely fucking ruined them both.

It's 3 hour long RAWs, horrible booking, and horrible scripting. No one wants to watch 3 hours of anything, especially when it's 90% commercials, talking, and Cole shilling social media bullshit. No one wants to listen to every motherfucker cut samey, milquetoast promos so chocked full of BRANDING that they no longer resemble the way humans might talk. No one wants to see the same goddamn Start Slow Then Trade Finishers match that most of the actual matches are.

The product is utter shit because of management, not because they don't have the right wrestlers. They could have Austin and the Rock right now, and Austin never would have grown out of the Ringmaster upper midcard gimmick, and Rock would be Rocky Maivia until his death.

Given their name recognition and exposure, if everything wasn't outright sabotaged from the top down by a senile narcissist and his cadre of asskissers, they could get the OVW roster over huge.

But they're FAR too stupid and incompetent, because the control freak idiot running the company is far too stupid and incompetent.

PLEASE stop watching this shit company. It's the only way it could ever possibly change for the better. Watch ROH, or NJPW, or LU, or just go outside. There isn't much that isn't a better use of your life than watching this pointless, abject shit.
>>
>>2941968

>but running more events per year means getting more people to buy their ticket.

That also means vastly more expenses in renting arenas and paying workers and the like. They are sabotaging their profit margin because they're apparently complete retards.

It's a lot better to have one show in a packed building, than 10 shows in a building 20% full.
>>
>>2942021
>this child still thinks he's coming from a place of higher understanding
>>
>>2937958
the WWE profits for 2016 (total) was $55.7 million and it had a record revenue year with $792.2 million so I dont know what the fuck you're trying to imply.
>>
>>2943004
Source? I could have sworn Meltzer said profits for 2016 were 24 million.
>>
>>2943004
Profits last year were around 35 million which is 11th out of 19 years since the attitude era. Despite increasing revenue greatly their profit margins finished greatly. And despite what this 16 year old pleb in this thread thinks, those new revenue streams aren't magically going to start profiting beaucoup bucks, they will become money incinerators
>>
>>2943004
>>2943026
Are you guys having fun inventing these?
>>
>>2943026
Diminished* I'm drunk at this point fuck you

>>2943004
>>2943024
http://quotes.wsj.com/WWE/financials/annual/income-statement

Here's a source of the last 5 years. Last year they made 33 million
>>
>>2943024
I was close. I was thinking of 2015 for some reason.

https://twitter.com/davemeltzerWON/status/731181351978721281

Dave has said their profit is going up each year though.
>>
>>2943034
Yeah a lot of people are pullling numbers out of their asses.

>>2943032
has the good source
>>
>>2941131
>And he doesn't want to loose his biggest draw to Hollywood.
Vince is moron if he thinks the Rock isn't a one in a billion. He didn't lose Austin, HHH, Undertaker, Shawn Michaels, or even Cena and Hogan to Hollywood.

And nowadays isn't have a part time Brock and a WWE star who takes a few months off to film a movie kind of the same thing?
>>
>>2943133
Yes. But he will not loose Brock to UFC forever. He will loose Brock to the amount of money Brock is making. Because either after WM34 Brock will decide it's enough and just retire to his ranch to fuck Sable and raise livestock. Or he will have even stronger negotiating position then before.
>>
>>2943133
It's ironic Vince's lack of faith on Rock's career made him not renovate his contract, therefore goving Dwayne extra-motivation to make it on Hollywood because it was a swim-or-sink situation. To be fair, Gaytch's politicks was a big factor on getting Rock out of the company because Paul has been jealous of him since Rock became The Corporate Champion. Arguably Paul killed Rock's good will to the business. Before being released, Rock put over stars but nowadays he bury them
>>
>>2943199
>haha good luck in Hollywood loser
>haha good luck in the NFL loser
>haha good luck in MMA loser

A few years later

>p-p-p-p-pls come back and bury our stars D-D-D-Dwayne....B-B-Brock....D-D-D-Dave....p-p-p-pls put my son-in-law over, I'll pay y-y-you anything t-t-t-to save m-m-my company, p-p-p-please.....
>>
>>2943476
to be fair to Vince hes right more than wrong

look at CM Cuck, hes a joke now
>>
>>2941186
It's not that they're creating new fans, they're just taking away WWE fans who are sick of the current product.

The wrestling fanbase is not growing.
>>
>>2943002
I would say that my ability to engage with your attempts at business intelligence and point out the flaws and fallacies in your thinking, while you just back down and resort to increasingly brief insults is evidence enough that the "higher understanding" is indeed mine.
>>
>>2943199
Never forget that, during their IC belt feud, it was Hunter who was supposed to be the face as leader of D-X. Yet it was this feud which directly led to Rocky turning face, because he DESTROYED Triple H every night no the microphone and people saw in him a heel that they loved to hate.

As soon as audiences realise they love hating a heel, they want a face turn.
>>
>>2943477
How about (You) show your working instead of your abandonment issues?
>>
>>2941159
>When he's not scripted he just sweats charisma.

Are you talking about his boring appearances on UUDD or his boring appearances as a talking head on WWE videos?
>>
>>2941965
>the indy guys are vanilla midgets so they're docile and beta

Zayn & Owens are renowned for standing up to awful booking decisions you idiot

>>2941968
>less attendance = higher attendance

wot
>>
>>2943501
>your argument "I have no opinion but I QUESTION everything and there's no way to tell how WWE is performing. I am the superior gentlemen"
>my argument "here are several metrics highlighting how WWE is failing, here is a source for you to draw your own conclusions"
>>
>>2943542
>Zayn & Owens are renowned for standing up to awful booking decisions you idiot
I can believe that from Owens but Zayn? He has been a punching bag since he entered the main roster.
>>
>>2943510
Arguably, Gaytch's hate for The Rock started when the latter arrived to WWF and got instantly a push while Gaytch had to be the Kliq's valet and designated friend for getting his push (giving the d to Michaels was the good part of the job). Things got worse when HBK tried to bury The Rock but Bret Hart protected him because Dwayne became friend with Owen Hart and from onward Bret became a mentor to Dwayne. In some way, Rock and Gaytch inherit the rivalry from Bret Hart and HBK. That's why their feuds during the AE were so good, there was some truth behind.

https://www.youtube.com/watch?v=_kflUgwVQpo
https://www.youtube.com/watch?v=tLFGq-TzleU
https://www.youtube.com/watch?v=Gb1l09d6J1o
https://www.youtube.com/watch?v=KYEhpByMUD4
Go to 5:55

No wonder why Rock left just when Gaytch got total control over the booking.
>>
>>2937964
my company made more last year lol
>>
>>2941968
never knew using arenas for your wrestling show was free
>>
>>2943542
Higher attendance because they are running more events. But lower attendance, because they have less playing customers for every single one of those events. But in the end - they got more people through the gate during first half of the year, if you take out Royal Rumble and Wrestlemania. When you compare it to the year before brand split. And of course NXT.
And also they are making more from each of these customers, by having higher ticket prices.
>>2944199
Zayn will fight you when you mishandle his character, that is the reason they made his real personality appear on the screen now. He is this annoying, never shutting up dickhead you either love or hate. But mostly love, cause he is quirky and weird.
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