WWE set a 52 week record for stock price as it announced its end of year earnings for 2016 this past Thursday. According to its earnings call, WWE Network subscribers grew 14% to 1.41 million paid subscribers. Revenue increased 11% to a company record $729.2 million. Per a company press release, “[T]he Company reported Net […]
WWE
Netflix acquires rights to Hogan v. Gawker documentary
Netflix has acquired the worldwide rights to the documentary “Nobody Speak: Hulk Hogan, Gawker and Trials of a Free Press,” according to The Hollywood Reporter. The documentary is about the case that brought down media company Gawker due to a short video it published of a sex tape involving the former wrestler. As you may […]
Gawker pays $31M to settle Hogan lawsuit
The New York Times reports that Gawker Media Group and Hulk Hogan have settled Hogan’s invasion of privacy lawsuit for a reported $31 million. Hogan prevailed at trial and a jury verdict awarded him a $140 million judgment but Gawker appealed the court decision. Instead of pursuing the appeal, the parties decided to settle the […]
Combate Americas names former WWE star as president
Combate Americas has hired former WWE star Alberto Del Rio, now known as Alberto “El Presidente” Rodriguez, as the new president of the Hispanic Mixed Martial Arts sports franchise. Rodriguez was recently released from the WWE. In his new role, he will be “actively involved in all aspects of athlete relations and development, from recruitment […]
UFC 203: Payout Perspective
Welcome to another edition of Payout Perspective. This time we take a look at UFC 203 from Cleveland, Ohio where CM Punk’s debut and Stipe Miocic’s title defense were the headlining events. Gall mauls CM Punk We all knew that this was going to happen. 3 pro fights in and Mickey Gall looks like a […]