Thursday, August 2, 2012
Full WWE Conference Call Coverage, Updates On WWE Network.
Credit to PWInsider For The FULL Report. WWE held their conference call to discuss their quarterly earnings release. Vince McMahon welcomed everyone and said that they were essentially flat, which was nothing to write home about. He said they had a 17% increase in PPV performance and they've reduced losses from the movie business. Their licensing profits dropped as a video game that was to be produced (WWE AllStars 2) was not released. McMahon said their social media is exploding. Live events remained flat. Vince touted their excellent rating for the 1000 episode of Raw and said that they have incredible staying power as no show has held as many episodes of as they have. He said the three hour show will bring them an additional audience to tap into their interactivity. He also pushed the debut of the new series on Ion, saying it will give them an audience on Wednesdays and said that they are happy with their Youtube series, noting some of them can be repurposed into larger seri...
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