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WWE announces Q2 2017 financial results

July 27, 2017 by Jason Cruz Leave a Comment

The WWE beat profit forecasts as it announced its Q2 (ending June 30, 2017) 2017 results on Thursday.  It announced that revenue increased to a record $214.6 million.  The WWE Network average more than 1.63 million average paid subscribers over the second quarter. WWE stock was up slightly in after hours trading to $21.94.  The […]

Filed Under: financial, WWE

Former ESPN/WWE anchor Grisham joins UFC

January 3, 2017 by Jason Cruz 10 Comments

Former WWE broadcaster Todd Grisham will be taking an on-air position with the UFC. Grisham had been an ESPN anchor for the past 6 years. Mike Goldberg ended his play-by-play duties with the company on Friday at UFC 207.  There is still no official word as to the PPV announcer to replace Goldberg. Grisham confirmed […]

Filed Under: UFC, WWE

Gawker turns on Daulerio in Hogan sex tape case

December 4, 2016 by Jason Cruz Leave a Comment

It appears that Gawker Media, LLC is turning on former Editor in Chief A.J. Daulerio per an article in the Wall Street Journal.  In legal papers filed in the Gawker’s Chapter 11 bankruptcy case, the company cites to the Florida jury verdict that awarded Hulk Hogan $140 million as violating employment terms while Daulerio was […]

Filed Under: legal, WWE

Record economic impact for WrestleMania 32

November 18, 2016 by Jason Cruz 2 Comments

The WWE announced that WrestleMania 32 generated $170.4 million in economic impact for the Dallas/Arlington region this past April.  The results come from a study conducted by the Enigma Research Corporation. The $170.4 million is a new record for the economic impact the WWE’s annual event does for a host region.  It is the 5th […]

Filed Under: WWE

The fallout from Brock Lesnar’s potential drug violation

July 18, 2016 by Jason Cruz 5 Comments

On Friday, Brock Lesnar was flagged by the United States Anti-Doping Association (USADA) of a potential violation of the UFC anti-doping policy due to an out of competition test from June 28, 2016.  Although testing results of Lesnar’s “B” sample are yet to be revealed, the fallout from Lesnar’s appearance hurts the UFC and possibly […]

Filed Under: contracts, Drug Testing, Featured, legal, pay-per-view, payouts, UFC, USADA, WWE, Zuffa

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