WWE announced its 2nd Quarter earnings on Thursday. The big news was that the WWE Network added just 33,000 subscribers from the 1st Quarter. In addition, it reported laying off 7% of its work force. While the number of subscribers is off from the company’s initial projections, the WWE indicated that the existing subscribers are […]
Pro Wrestling Post
The Wrestling Post: Ventura wins defamation case
On Tuesday this week, a Minnesota jury found in favor of former governor and professional wrestler Jesse Ventura in a defamation case against the estate of a former Navy SEAL that wrote in his best-selling book about a fight with Ventura. The jury awarded Ventura $1.8 million. Ventura won $500,000 for his defamation claim as […]
The Wrestling Post: Spike TV does not renew TNA Impact Wrestling
TMZ Sports first reported that TNA Impact Wrestling on Spike TV will not be renewed by the network. The company has been with Spike TV since October 2005. While ratings usually hover around 1.2 million viewers on Thursday nights and once served as lead-in for Bellator, the promotion has fallen on hard times. Attendance and […]
The Wrestling Post – 05.30.14
WWE in damage control after disappointing TV deal
The WWE conducted a special conference call on Monday in order to mitigate some of the damage that occurred with the announcement of its deal with NBC Universal. Although terms of the deal were not divulged, investors took the news as bad and the stock has tumbled. The conference call did not reveal anything new […]