Re: Overall impact
chapAnjou
3/6/2012 8:49:57 AM
"More pressing to the interests of stock holders should be the launching of the WWE Network, a WWE dedicated cable channel, which will probably eat up a lot of revenue. The network seems to have some problems getting off the ground, however."
You're right, the network could be (and should be) an extremely successful venture. To be honest, I'm surprised it's taken this long to be created. Imagine if this network is the only place you can get such a popular product as pro wrestling? Imagine if the only way one could watch a pay-per-view match was through this channel? This would greatly increase the value of WWE as a brand (assuming they don't branch into an "Extreme horseback riding league" or some other nonsense, haha)
Ah, that's a totally different story. Vince McMahon, while certainly a fantastic promotional mind, has really only been successful within professional wrestling. If you look at his other ventures, which include the World Bodybuilding Federation (WBF), Xtreme Football League (XFL), WWF New York, and the film division, most were unsuccsessful, to put it nicely. McMahon has always had enough revenue to survive to losses, especially in the 97-02 period that saw the failures of huge projects like the XFL and WWF New York, but lately he seems obsessed with establishing the WWE as a "mainstream entertainment mogul" with professional wrestling at its core and tv, movie, book, internet, and video game divisions. So while he was smart enough to cut his losses in the past, his long term goals make it seem like he's going to power through whatever difficulties his film division is experiencing. I remember reading an article a while back that said that WWE studios was looking to move away from in-house productions and more toward the acquisition of outside productions, but we'll see how that pans out.
More pressing to the interests of stock holders should be the launching of the WWE Network, a WWE dedicated cable channel, which will probably eat up a lot of revenue. The network seems to have some problems getting off the ground, however.
Re: Overall impact
chapAnjou
3/6/2012 12:03:59 AM
@Joey, I think what Phoenix was saying was that the revenue being brought in by the WWE, while very much lucrative by any business model, is being hindered by stepping into so many different ventures. I found this interesting article about their film division not pulling its weight.
It's a good read and makes you wonder...if the WWE keeps going with this business model of branching out into markets that really don't mesh with Wrestling, is this going to inevitably lead to their downfall?
Re: Sports Franchise
chapAnjou
3/5/2012 11:56:21 PM
@cat tail, I miss the old days of wrestling when you had such caricatures squaring off against each other. Some of these guys were so over the top it was hilarious: Sgt. Slaughter, Brutus "The Barber" Beefcake, Ultimate Warrior, The Iron Sheik, Mr. Perfect...haha oh man, those were some good times. I think it takes itself too seriously now.
Re: Sports Franchise
cat tail
3/2/2012 10:20:24 AM
I would not have enjoyed that, @Noreen. Although I have to give the WWE credit for coming up with amazing names for their stars!
I can't imagine what those circumstances would be.
Re: Sports Franchise
driven
3/1/2012 12:01:07 PM
I suppose it depends on the circumstances @Bargain Bin.
I don't know, @Drivewaygirl. I think you'd have a hard time finding anyone who would enjoy getting another man's sweat on them.
That sounds awful to me. But I can also envision a certain group of testosterone fueled spectators who would have loved the drama of that kind of display.
I went to a wrestling match once, involuntarily. We saw Randy Savage and I believe the fabulous Samoans. We had "great" seats in the front row. I spent the whole match hiding under my jacket because these guys liked to go to the edge of the rink, shake and send their sweat flying all over the place.
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