Forbes.com posted an article which features WWE chairman and CEO Vince McMahon. The article boasts the achievements of McMahon while cautioning about the risks of the WWE Network. The article, written by Lifestyle editor Michael Solomon, is an overall positive piece on the McMahon success story. The piece highlights the company’s big investment in the […]
pro wrestling
The Wrestling Post – WWE hits all-time stock high and its CEO is worth $1B
Tech issues hamper WWE Network launch
On Monday the WWE launched its much heralded Network which it advertised to be available on almost every platform imaginable. The good news is that number of those signing up exceeded expectations. The bad news is that it is experiencing technical difficulties across most platforms. The WWE’s technological partner in the venture, MLB Advanced Media, […]
WWE announces earnings for Q4
The WWE announced its fourth quarter earnings on Thursday and despite not beating loss per share estimates, its stock reached a 52 week high during the day. In addition, Vince McMahon spoke about the CM Punk situation. As it relates to Punk, when asked about his abrupt departure from the WWE, McMahon indicated that he […]
The Wrestling Post – 02.17.14
Welcome to another edition of The Wrestling Post. In this post we talk about the looming WWE TV rights fee deal and a new toy deal for the company. Exclusive rights period ends between WWE-NBC Universal Friday was the last day for the exclusive negotiating period between the WWE and NBC Universal to come up […]