Bloomberg Businessweek featured Vince McMahon this week in lieu of Raw’s 1000th episode. McMahon gave his secrets to managerial success in the article.
Some of McMahon’s gems in Bloomberg included: Listen to your employees – and yourself, Treat every day like day one, Don’t cultivate fear, Clean your head and find your zone, Don’t settle for BS answers when interviewing job candidates and Complacency is your worst enemy,
USA Today also featured the company as it made it to 1000 episodes. The article was an overview of the company and how its grown since the first Raw.
McMahon via USA Today:
“Many years ago, I had a chief financial officer say, ‘Vince, you make your money on pay-per-view, so why do all this other crap?’ Without all the other stuff we do, pay-per-view doesn’t work,” says the CEO, whose PPV revenues are up 30% after setting a record with 1.3 million buys for Wrestlemania 28 in April.
We’ll see if these numbers hold true when quarterly results are revealed next month. We already know the PPV buys were lower than 1.3 million.
Payout Perspective:
Despite what some may think about fake wrestling, there’s something to be said about the longevity its had on cable television. It’s somewhat amazing considering it was the early 90s when it first started and the company continues to reinvent itself. I’m not sure if its an achievement that the WWE is the longest-running weekly episodic program in TV history with no reruns or its a testament to the tireless workers in the company.
The WWE had some good publicity leading into its episode 1000. I think the Bloomberg article may be a little fluff considering the horror stories from some former WWE employees about working for the company.
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