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Triple H |OT| February Wrasslin

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R

RBH

Member
--We'll have a complete rundown in the next Observer, but WWE took in $112.9 million and lost $8.6 million (before taxes loss was $13.1 million) during the Christmas quarter. Last year, the numbers were $122.5 million in revenue and a $14.4 million profit. It's the first money losing quarter in years. If you take out network startup costs and the money being lost on movies, the profit would have been $1.8 million for the quarter, still way below Wall Street predictions (two cents per share vs. 11 cents).

The key is that DVD sales for movies The Reunion, Bending The Rules, See No Evil, The Chaperone, Barricade and Knucklehead were far lower then expectations and what they had assumed in prior quarters so they announced a $12.2 million impairment charge.

Core business (house shows and PPV) were not down. PPV was up due to Survivor Series, but PPV profits were down because they spent far more this year on Survivor Series than last year. House shows were up slightly and Vince McMahon said that he considers house shows and PPVs as the real sign of whether things are connecting.

Things like toys, magazines and the web site took major hits. For the year, the company took in $483.9 million with a $24.8 million annual profit. 2010 was $477.7 million and $53.5 million in profit.

The stock didn't take much of a hit even coming in lower than Wall Street estimates, falling from $9.56 per share to $9.40.
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http://www.f4wonline.com/more/more-top-sto...brown-feud-more


First time that WWE has lost money during a quarter since the XFL days, I believe.
 
M

Mr. Enigma

Member
Anth0ny said:
No shit.

Who the fuck even buys those shitty straight to DVD movies? I don't understand why they're wasting money on that crap.

But I'm surprised that the Rock return and CM Punk popularity explosion actually brought numbers down. More Cena, I guess.
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It brought numbers down because both were handled poorly. Miz and Truth were booked like jobbers and no one in their right mind thought they were a threat to Rock whatsoever.

And we all know what HHHappened to the CM Punk angle.
 
B

billy beane

Banned
Bowser said:
lol reports are that WWE is gonna pull the Kayfabe tees soon because "veterans are upset at insider terms being used for commercial purposes."
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Can't have people finding out wrasslin is fake. All the little jimmies will be crushed if they ever found out The Undertaker really isn't dead.
 
E

Entropia

No One Remembers
djsandman said:
The Wrestlemania Week meet-up/events/hype thread has been created in the community forum. I kept it there since it is mostly for those of us going to Mania or any other WrassleGaf members that want to keep up with what we're doing or comment there.

http://www.neogaf.com/forum/showthread.php?t=464672
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I'm jealous of all you guys going!! Hope you all have a blast though! :D

AnEternalEnigma said:
It brought numbers down because both were handled poorly. Miz and Truth were booked like jobbers and no one in their right mind thought they were a threat to Rock whatsoever.

And we all know what HHHappened to the CM Punk angle.
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Good show!
 
B

British Monsoon

Member
I agree, fucking ratings/finance talk is the worst.

Lets talk about how CZW are a bunch of idiots and got IPW kicked out of the building that has been their home for the past decade instead;

Hello IPW Fans,

It is with a heavy heart I must inform you all that, effective immediately, the Super Junior Tournament scheduled for April has been cancelled.

I also have to tell you all that, effective immediately, The Fountain Square Salvation Army Community Center will no longer allow IPW, or any wrestling, in their building.

In this business we mince words very often, so as not to draw any negative attention, or "heat," as we say, from others within the business. However, sometimes you have to call a spade a shovel and tell the god's honest truth, so here it is,...

This whole mess is due to an inappropriate promo by CZW, that was placed on YouTube, featuring Greg Excellent wearing nothing but a towel with a fake male sexual organ on it. This promo also promoted the Super Saturday show, and featured the name of the building and its address, naturally.

CZW was warned not to include the "Salvation Army," name in their advertisements as the building didn't wish to have name association with, nor give the impression that they condone or encourage, CZW's product. A similar situation came up with Dragon Gate USA. Clearly this was a corporate made decision, and albeit a stingy one, it was policy nonetheless, and needed to be adhered to.

CZW disregarded this warning, the promo was seen by someone higher up in the chain of command, and that was the "nail in the coffin."

Damage control was done to assure CZW's Super Saturday show still happened, and we've been trying to smooth things over with the building ever since. But sadly, the final word was handed down yesterday.
So to put it broadly, IPW is being punished for something we didn't even do.

As of now, operations are "on the shelf," until further notice. I apologize to all of you, the fans, as I know you are disappointed. This is heart breaking for a lot of people who call IPW their home. Myself included. But should our situation change, you'll be the first to know.

What does the future hold? Time will tell.
IPWDave

P.s. CZW did not, and still has not taken responsibility, or apologized for any of this. That needs to be known, I don't care if it makes someone angry.
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R

RBH

Member
Perspicacity said:
Discussing WWE finances is even dumber than ratings discussions.
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I personally find it interesting to see how the decisions of this company and their inability to build up more than a few guys simultaneously in the long-term are beginning to manifest themselves through their ratings and now their financial results.

Plus, Vince has clearly done some reactionary booking in the past as a result of ratings and the "health" of the company, so there's a correlation to what we see on TV as well.

No one is forcing you to be interested in the subject if you're not.
 
B

BoboBrazil

Member
HarryDemeanor said:
Shut down WWE Studios. Instant growth.
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They still would have lost money without WWE Studios, but it is the majority of their losses. If they want their movie studio to be successful then they need to change the name and don't associate it with WWE, hire actors that aren't wrestlers, and buy decent scripts. Or just put out alot of low budget horror movies. Those always do well in the theater and on dvd. Their studio can be a success, but not the way they've been doing things. A movie studio is a much smarter move for them if they make the necessary steps than a network, which is going to fail and cause them to continue to have negative quarters going forward for the forseeable future.
 
B

bean breath

Member
ZeroRay said:
Do I look like a mark?
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8LcL6.gif


Which 'mark' are we talking about here?
 
P

Perspicacity

Banned
RBH said:
I personally find it interesting to see how the decisions of this company and their inability to build up more than a few guys simultaneously in the long-term are beginning to manifest themselves through their ratings and now their financial results.

Plus, Vince has clearly done some reactionary booking in the past as a result of ratings and the "health" of the company, so there's a correlation to what we see on TV as well.

No one is forcing you to be interested in the subject if you're not.
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No, see I actually agree with your points and would be more than happy to have that conversation.

However that isn't what happens. People tend to just jump to conclusions and are really only able to look at things in a vacuum. It's not that things like ratings and financials are irrelevant, it's just that the actual conversations are dumb.

Bootaaay said:
Lets talk about how CZW are a bunch of idiots and got IPW kicked out of the building that has been their home for the past decade instead;
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Why don't other promotions disassociate with crap like CZW more? They're so awful for the business
 
B

Brinbe

Member
Bootaaay said:
I agree, fucking ratings/finance talk is the worst.

Lets talk about how CZW are a bunch of idiots and got IPW kicked out of the building that has been their home for the past decade instead;
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That's really shitty. CZW is forever terrible. I remember watching their stupid late-night shows/commercials over a decade ago, when I lived near Philly, and I'm surprised it has lasted this long.
 
G

G-Fex

Member
Vote yes to Mason Ryan, he's big and strong in a roster of skinny men.


also, nwa fans check the official thread for a HUGE update
 
T

tm24

Member
Brinbe said:
That's really shitty. CZW is forever terrible. I remember watching their stupid late-night shows/commercials over a decade ago, when I lived near Philly, and I'm surprised it has lasted this long.
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Despite what you think, CZW also has some great wrestling. It just gets ignored since it's on the undercard and overshadowed by the stupid violence
 
K

Kaladin

Member
Eventually they're going to have to start wrestling in somebody's backyard or field instead of a venue. Actually, I think CZW has done that.
 
P

Plywood

NeoGAF's smiling token!
BoboBrazil said:
They still would have lost money without WWE Studios, but it is the majority of their losses. If they want their movie studio to be successful then they need to change the name and don't associate it with WWE, hire actors that aren't wrestlers, and buy decent scripts. Or just put out alot of low budget horror movies. Those always do well in the theater and on dvd. Their studio can be a success, but not the way they've been doing things. A movie studio is a much smarter move for them if they make the necessary steps than a network, which is going to fail and cause them to continue to have negative quarters going forward for the forseeable future.
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I absolutely agree. Would prefer them to do this, actually.
 
S

SoulPlaya

more money than God
BoboBrazil said:
They still would have lost money without WWE Studios, but it is the majority of their losses. If they want their movie studio to be successful then they need to change the name and don't associate it with WWE, hire actors that aren't wrestlers, and buy decent scripts. Or just put out alot of low budget horror movies. Those always do well in the theater and on dvd. Their studio can be a success, but not the way they've been doing things. A movie studio is a much smarter move for them if they make the necessary steps than a network, which is going to fail and cause them to continue to have negative quarters going forward for the forseeable future.
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They need to put out low budget movies that actually BUILD on the feuds and characters in the ring. A low budget Kane vs. Undertaker movie would do great on DVD. Randy Orton as somebody's dad or Big Show as some dumb orphan just don't work. You've spent years turning these guys into movie characters, use them!
 
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