On Friday, a Florida jury awarded Hulk Hogan $115 million in damages against news entity Gawker after it posted a sex tape of Hogan without his knowledge. It is too early to know whether Gawker will appeal but according to CNN Reporter Tom Kludt Florida law requires a party to post a bond for the […]
WWE
WWE stock downgraded a day after Q4 earnings announcement
The WWE posted strong fourth quarter earnings as revenue increased 21% to $658.8 million, the highest in Company’s history. However, that was not enough for investors as the stock was downgraded a day after the earnings announcement. The WWE reported a net loss of $1.2M adjusted for non-recurring costs which equated to a profit of […]
The Wrestling Post – Ross replaces Ranallo as New Japan announcer
AXS TV announced that former WWE announcer Jim Ross will join AXS TV’s “New Japan Pro Wrestling” as its play-by-play commentator. Ross will join former UFC Heavyweight Champion Josh Barnett to call the action starting Friday, March 4th. Via the AXS TV press release: A WWE Hall of Famer, Ross was known as the voice […]
2015: The year in pro wrestling
We leave the last review of 2015 to that of professional wrestling. Let’s do some quick hits before we get to the high spots. New Japan debuted on AXS TV to rave reviews. Mauro Ranallo and Josh Barnett served as the English commentators for the shows. Ranallo recently made the move from New Japan and […]
ESPN and WWE enter into partnership
Last week ESPN announced it entered into a partnership with the WWE to feature weekly segments of wrestling highlights. The move is thought to help both companies. ESPN’s subscriber numbers and ratings have been down and ad revenue were off based on the last report this past June as reported in the Wall Street Journal. […]