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Anonymous
WWE BTFO - Meltz says 2017 has been a massive failure for the company 2017-08-02 04:52:02 Post No. 2952692
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WWE BTFO - Meltz says 2017 has been a massive failure for the company 2017-08-02 04:52:02 Post No. 2952692
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WWE BTFO - Meltz says 2017 has been a massive failure for the company
Anonymous
2017-08-02 04:52:02
Post No. 2952692
[Report]
There are major cutbacks going on all over WWE right now, including the cancellation of WWE Network programs and no longer doing the pyro at shows.
Dave Meltzer stated on the latest episode of Wrestling Observer Radio that WWE "promised everyone" they were going to have bigger profits in 2017 than they had in 2016 and they're not anywhere close.
"So last year's profits were about $30 million," said Meltzer on the August 1, 2017 episode of Wrestling Observer Radio. "And this year we're about halfway through and — I don't have the exact numbers in front of me - but it's like five or six million, which means there's a lot of catching up to do."
This is believed to be the reason why there is no longer a pyro at WWE shows and a lot of shows on the WWE Network are getting canceled, in an attempt to lower production costs.
"They're not in any financial trouble but the Network subscriber number is a genuine disappointment," explained Meltzer. "The growth coming out of WrestleMania that would have been expected wasn't there."
One thing that has not helped the growth of the WWE Network is doing brand specific pay-per-views for RAW and SmackDown but it's not expected that WWE is going to go back to just one pay-per-view a month.
"The one thing that we have learned is that the two pay-per-views a month, that has not helped," said Meltzer. "The Network number is not growing the way they expected it to so that's been a bad situation. But I don't think they want to drop one of the pay-per-views because I think that would hurt ratings a little bit."
More cutbacks are expected in WWE and it's one of the reasons why the company has been slow on the United Kingdom show. Dave Meltzer noted their tournament to crown a WWE United Kingdom Champion earlier this year cost a lot of money and the show will mean spending a lot of money for more tapings every month.
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>meltzer fanboy
cringe
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no one care
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Imagine WWE going out of business, NJPW buying their library tape, then the headquarters in Stamford get demolished, NJPW owner Kidani along with some wrestlers like Okada, Naito, Kenny etc visiting the ruins of what was once, the WWMeme!
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HOLY SHIT E DRONES ON SUICIDE WATCH
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>>2952692
Says the guy who sells virgins wrestling "scoops" via internet
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>>2952706
cringe
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>Meltzer said
Dropped, everything this guy says is bullshit
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>>2952706
Don't cry you spastic mark. We'll still have the superior wrestling show NJPW
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>>2952706
über cringe
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How about not signing a bunch of people you don't actually have any plans of using? That would save some money.
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>>2952712
>BLAH BLAH BLAH BLAH IF I DONT READ IT AND IGNORE IT THAN IT CANT BE TRUE BLAH BLAH BLAH BLAH
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vinces doofus son in law with the big nose and 0 business accumen working his pockets into a shoot
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>>2952721
They currently have 196 wrestlers under contact lol
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WWE is dying
NJPW is thriving
This is the best timeline
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>Meltzer fake news again
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>LE MELTZ SAID
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Njpw """""thriving"""""
yep....2000 people per show max.
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>>2952757
11,756 in Osaka
10,231 in Tokyo
2.000 was in America ya pinhead
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>>2952757
NJPW has a higher profit margin than than the WWE currently this year.
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>>2952692
>The growth coming out of WrestleMania that would have been expected wasn't there."
>World title matches included two part timers and the further burial of Bray
>Taker losing to Roman
Gee, I wonder why no one cared after Mania
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>>2952780
Just wait for the end of the year NJPW announcing record profit and watch E-drones seethe
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>book giant arenas
>draw bingo hall numbers
Well THERE'S your problem. WWE's pyro budget went to buying tarps that cover empty arena sections
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>inb4 years ends with the planned profit
*cough* p-plans change
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>tfw WWE will die in your lifetime
Thank God. True pro-wrestling kino will make finally make a return.
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>>2952859
Their big profit always comes from Wrestlemania, the fact that they haven't even made half the expected profit is dire.
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>>2952912
Well when your biggest event revolves around some midcarders worthless corny streak that is already over, things are bound to fail.
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>Meltzer says
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>>2952692
>"So last year's profits were about $30 million," said Meltzer on the August 1, 2017 episode of Wrestling Observer Radio. "And this year we're about halfway through and — I don't have the exact numbers in front of me - but it's like five or six million, which means there's a lot of catching up to do."
E DRONES DEFEND THIS? BTFO!!!
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Melter drones will swallow anything.
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>>2952692
W(C)WE
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>>2952692
Meltzer only knows about NJPW now,because he is paid for advertising.
About another *cough* companies he knows absolutely nothing.
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There is going to be a very obvious move away from the reality content and the cheesy "saturday night Simon Cowell spectacular" format of its TV shows.
Whether this is because they have decided both were ultimately a failed experimewnt, or - more likely - they have just decided they are done with that aspect of WWE for now, and are moving on to a different approach, I think you will see more modest production values, a grittier, indie feel, etc.
If they can kayfabe this as "budget cuts are forcing our hand into making our stars wrestle in dark arenas", then that's better than saying "we're faking this lo-fi look while sitting on our piles of gold and stock certificates".
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>>2953214
Have sex, WCW was Based
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>>2953290
it also tried to use its money to buy its way to success poaching the aging stars of other companies before going out of business.
History repeats.
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>>2952692
Growth after Wrestlemania is to be expected?
Even casuals know WWE is only worth watching from Royal Rumble to WM.
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>>2953304
Based history working the marks
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>>2952694
Rent fucking free
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>>2953290
WCW was the model for TNA.
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>E-Drones can no longer say passive aggressive "ha ha you're gonna watch next week anyway, but WWE is making more profit than ever and you don't matter anyway :)" shit
WWE is the only wrestling I watch and even I was sick of that shit. I hope WWE keeps failing until they get better.
[spoiler]Fuck Roman[/spoiler]
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>>2952692
>wwmeme will die in your lifetime
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>>2954459
...she's actually pretty cute.
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>>2952692
Happens, when put the title on Lesnar who promptly fucks of for 2 months.
Happens, when you make a Poo champion in the hopes millions of Indians who have no money somehow generate revenue for you out of thin air.
Happens, when the best wrestler on the roster is relegated to a midcarder.
Happens, when your biggest draw isn't on for months at a time.
Happens, when your main guy is hated and doesn't have the skills to actually be THE guy.
Happens, when you bury SashA+ for half a year without doing anything with your most over woman.
Happens, when you get the Hardys and then do nothing interesting with them for months.
Happens, when you push talents, that just aren't ready, because your talent system is crap.
And those are only a few of the many bad decisions of the last months.
I actually kinda predicted that months ago and I'm not even that into the matter.
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>>2952728
Remember how WWE used to make fun of WCW for their bloated roster of 120 wrestlers being under contract?
lol
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>Respected Journalist reports news
>Cult members respond by going "LIES FAKE NEWS, etc"
Now where have I seen this before?
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They'll survive by temporarily scaling back, bringing Indian and Chinese markets in, and fully committing to the family entertainment route. They pretty much have to at this point, because the hardcore fanbase that Vince thought would be there no matter what is slowly leaving.
This is what happens when you alienate your fans. It's the same thing that's happening to Disney Marvel, and they're relying on newbies, kids, and gimmicks to sell instead of the dedicated fans that buy in week by week.
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>shooting the messenger
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>shooting the messenger
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>shooting the messenger
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>shooting the messenger
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>shooting the messenger
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>>2952692
actually forbes said they had revenue of 200 to 300 million. why is Meltz lying
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>>2956444
Citation needed
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>>2956446
http://corporate.wwe.com/investors/news/press-releases/2017/07-27-2017-133134681
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>>2953304
And, guess what? It worked. There never would've been a Monday Night War had WCW not poached stars from the WWF. WWF liked to make fun of them for it all the time in 1996, meanwhile Nitro quickly became the much more interesting and highly rated show, why? Because the wrestlers they poached drew dimes, and that was the only way to get people to care about their product vs. the much more established WWF.
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>>2956444
Revenue and profit are two different things.
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>>2956450
So this whole topic is bullshit?
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>>2956465
Not when you OWN and RUN the company.
Vince gets a salary and bonuses from the revenue, and so does his family and all the higher ups, making millions. Then after they take everything they want, the rest is "profit" which is extra chump change in dividends from all the stock Vince and his family owns, and they share the rest with the retards who actually own stock in a fucking circus act.
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ALexa Bliss has said she would be willing to adopt the more XXX rated Attitude Era characters, go back and lets the whole roster work and they wont be losing monetty with shieldettys I'm a big asp fan me
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>>2956504
>e drone seething
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cool I just wanna see good wrestling though
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>>2952722
MELTZER SAID ALMAS IS DEBUTING AFTER WM33 WHERE IS HE WHERE THE FUCK IS HE
Thread posts: 65
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