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By Scott Keith on 18 May 2014
Scott, we've been talking about this all weekend, but a few real interesting tidbits from a Wall Street Journal article on the wwe…
1) analysts still expect their renegotiated tv deal to be a 50% increase of their previous deal.2) the companies latest profit guidance implies that the networks fixed costs will be much higher than expected. 3) CEO of PAA research says that the wwe has a history of over promising and called the network a "black hole."
This just struck me as funny. Nothing earth shattering but front page WSJ articles are a pretty big deal.
This just struck me as funny. Nothing earth shattering but front page WSJ articles are a pretty big deal.
Ironically, despite talking about it all weekend, the blog isn't doing particularly big numbers off this discussion. So there's some weird syncronicity for you.
I'm not sure what #1 means. #2, yes, definitely the Network is somehow costing way more money than they initially advertised, which is really weird given that it's basically all recycled DVD content. Are they actually paying people instead of using their intern monkeys?