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The Great WWE Stock Crash of 2014


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Like I said in the CTDWAT, I find it hard to believe that pretty much everyone who follows WWE even sporadically behind the scenes knew Vince was talking nonsense when he claimed they'd get four times what they were currently making in WWE, but someone the people that invest millions of dollars in this had no clue. Man, at least hire some people who can do google searches or something.

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Meltzer made it sound like Barrios and Wilson are going to be the scapegoats for this.

 

There are apparently people who want Vince out, but since the perception is that he's the only one who can run the company, he's very safe.

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So the real question is this:

 

How does Vince, the KING of knee-jerk reactionary businessmen work with this. Immediate doubling of the network price? Bring back his emphasis on PPV? Create a character named "Stalk Price" and have him join the kiss my ass club?

 

Interesting times up Stamford way...

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Like I said in the CTDWAT, I find it hard to believe that pretty much everyone who follows WWE even sporadically behind the scenes knew Vince was talking nonsense when he claimed they'd get four times what they were currently making in WWE, 

 

For one thing, I don't think Vince ever said that. Hell, 4x wasn't even their asking price. They asked for 280. It was other speculators claiming it'd be 4x based on what soccer and NASCAR got.

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Like I said in the CTDWAT, I find it hard to believe that pretty much everyone who follows WWE even sporadically behind the scenes knew Vince was talking nonsense when he claimed they'd get four times what they were currently making in WWE, 

 

For one thing, I don't think Vince ever said that. Hell, 4x wasn't even their asking price. They asked for 280. It was other speculators claiming it'd be 4x based on what soccer and NASCAR got.

 

 

The way he continually talked up NASCAR's deal on the conference calls seems to have left many with that impression.

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The NASCAR argument made a certain amount of sense, because WWE does do more viewers, with a more diverse audience by age, location, race, and gender.  But the problem is the NASCAR rights have begun to be seen as a massive overpay.

 

I'm honestly surprised the tv rights wound up as low as they did though.  I thought getting into the 250-300 range was likely.

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Everything in the last 15 years should tell you that people don't know what the fuck they're doing with their money when it comes to the stock market so it's no surprise a bunch of people got hoodwinked. 

 

Of course there are plenty of brokers who likely made out like bandits convincing people to buy into this shit.

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I'm honestly surprised the tv rights wound up as low as they did though.  I thought getting into the 250-300 range was likely.

 I think they could have feasibly gotten that, but they apparently scared off a lot of people in the industry by announcing they were going to ask for so much extra cash. Like one cable channel even dropped the idea of negotiating with them entirely after they heard that.

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Meltzer was saying basically that Vince made his bed with all of the toilet humor over the years. The numbers show that WWE has a diverse audience but they do very well in key demographics. The problem is that there is still this idea that most wrestling fans are poor dumb idiots and Vince hasn't helped matters with his long history of low brow 'comedy.'

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Meltzer was saying basically that Vince made his bed with all of the toilet humor over the years. The numbers show that WWE has a diverse audience but they do very well in key demographics. The problem is that there is still this idea that most wrestling fans are poor dumb idiots and Vince hasn't helped matters with his long history of low brow 'comedy.'

 

For a long time there they didn't want to be compared to sports because UFC was whipping them in PPV so their out was "they're sports, we're not sports." 

 

They really hammered that home for years and now they've never really did anything major to be repositioned themselves for this new TV deal.

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Meltzer was saying basically that Vince made his bed with all of the toilet humor over the years. The numbers show that WWE has a diverse audience but they do very well in key demographics. The problem is that there is still this idea that most wrestling fans are poor dumb idiots and Vince hasn't helped matters with his long history of low brow 'comedy.'

 

Yeah, but he did mentioned that even back in the 60s and 70s, wrestling had a low class rep and few wanted to pay for it. Vince didn't help, and undoubtedly made it worse, but it was like that when he got into the business.

 

Honestly, you could bring in writers from Hannibal or Mad Men, pay Bryan Cranston a zillion dollars to be Raw GM and generally put out the classiest, most intelligent product ever...and wrestling would still be seen as "two guys in speedos fake fighting."

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Meltzer was saying basically that Vince made his bed with all of the toilet humor over the years. The numbers show that WWE has a diverse audience but they do very well in key demographics. The problem is that there is still this idea that most wrestling fans are poor dumb idiots and Vince hasn't helped matters with his long history of low brow 'comedy.'

 

Meltzer.  It seems kind of unfair, though, to blame someone for a strategy that was designed to keep them going 10-15 years ago and worked then, for that strategy not also being perfectly finely tuned to allow them to branch into a different direction in a different decade and a different market.

 

It's like looking at the fall of Rome and saying Rome made their bed in 200 B.C. when they insisted on expanding their borders too much...they only bought themselves 400 years of immediate prosperity and security but totally should have anticipated how the world would change in the next half a millennium.

 

It's not like corporate America isn't willing to rehabilitate something if the numbers are there to justify it.  This seems more like a nuts-and-bolts bargaining problem.

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I'm a bit confused on that argument.  Given the number of poors/richies nowadays, there has to be a better comparison with a show for poors that compares better ratings-wise.  MODERN FAMILY pulls like 4 times as many viewers as BOB'S BURGERS.

 

 

 

Which of the shows on the poor chart gets closest to MODERN FAMILY in terms of viewers?

 

Also, Poors...STOP WATCHING UNDERCOVER BOSS!!! IT'S A SHOW BY THEM TO MANIPULATE YOU INTO LOVING THEM!!!!!

 

I mean, Fuck.

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