WWE And Vince McMahon Are The Future Of Sports

Discussion in 'The Howard Stern Show' started by rory, Feb 13, 2015.

  1. rory

    rory Well-Known Member

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    The future is here and it is the WWE. I am not referring to the wrestling, but rather how WWE is delivering its content to its customers.
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    Vince McMahon’s company is losing money but that is besides the point. The success of its WWE Network–the first-ever 24-7 direct-to-consumer network that was launched live in the U.S. just a year ago that delivers content directly to fans through over-the-top digital distribution–is a success.

    Yesterday, WWE reported results for the fourth quarter and 2014 that were better than expected thanks to its fledgling network. As Variety reported, the network ended the year with 816,000 subscribers, WWE said, adding 85,000 during the fourth quarter, representing a 12% increase from Sept. 30. It surpassed the 1 million mark in January, 11 months after its launch. Advertising and subscription sales from the WWE Network and PPV events boosted network revenues 64% to $27.2 million during the quarter, with the streaming service accounting for much of that figure, or $23.3 million.

    Give McMahon credit for having the guts to go against conventional wisdom and critics who wanted WWE to stick exclusively with its pay-per-view model. McMahon has looked Joseph Schumpeter‘s creative destruction theory in the eye and smiled right back. It takes you know what to take a profitable business model and rip it apart, but that is exactly what McMahon has done.

    Wall Street is waking up. Since going public in 1999, WWE has badlyunderperformed the overall stock market. Much of the bad performance was due the stock falling 40% in one day last May part, as Fortune put it,”Another reason for the big blow: the company’s WWE Network, an online streaming service, is cutting into pay-per-view revenue with little improvement expected. Around 700,000 people have subscribed since February, but the company needs over one million by end of 2014 to meet its internal goal.”

    And in September, the Motley Fool questioned the sustainability of WWE’s 48 cents per share annual dividend. But the dividend has been maintained and with WWE’s free cash flow coming in at $57 million in the fourth quarter, 10 times more than the same quarter in 2013, a cut in the payout is not likely.


    But yesterday, when the overall stock market was up less than 1%, WWE’s stock price rose 7%.

    Over-the-top is what will drive the WWE Network’s growth and is the wave of the future. Last year, Walt Disney DIS +0.54% Company and the Dish Networkannounced a distribution agreement that provides DISH customers with access to Disney’s robust line-up of top quality sports, news and entertainment content across televisions, computers, smartphones, tablets, gaming consoles and connected devices.Sling TV, a new streaming service from Dish that was the first service that lets sports fans watch liveESPN without a cable or satellite subscription, offers ESPN and a dozen other cable channels–for only $20 a month.
    You can listen to sports media expert Chris Bevilacqua explain the potential of OTT and the Dish-Disney deal on the YES Network’s three-time Emmy Award winning show Forbes SportsMoneylast year on this video.

    While Disney boss Bob Iger recently said in a conference call that ESPN parent Disney sees no compelling reason to take an over-the-top (OTT) version of the sports powerhouse to market anytime soon, I think the possible scenario put forth by Deep Media–networks going OTT–will become a reality sooner rather than later. Wrote Frank Rose: “The first suggestion that this (OTT) might be changing came last summer, when a top analyst, Craig Moffett, reported that US cable and satellite companies lost more than 300,000 subscribers between June 2012 and June 2013.


    I don’t think broadcasters of the major sports leagues can impede this tsunami. The NFL’s introduction of NFL now, an OTT digital content network launched a little over a year ago that features highlights, archival content, news, behind-the-scenes programming, ticked off the league’s networks, but there was nothing Fox, CBS, ESPN or NBC could really do to stop it. Or if there was, the potential of losing the NFL prevented them from doing anything about it.

    Economics lesson in 2025: How Vince McMahon captured the spirit of Joseph Schumpeter.
     
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  2. artful dodger

    artful dodger Well-Known Member

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    triple h never banged beth robin
     
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  3. MrPPV

    MrPPV The Shed Stopper

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    didn't hhh have beth's phone number in his phone?
     
  4. Omen

    Omen Well-Known Member

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    WWE had to make a LOT of budget cuts to make the thought of break-even on the WWEN a reality.
    They conned themselves into thinking they would do 2x the amount they have
    Props to them for the guts & restructuring, but it is not like the network is as out of the box hit.
    They are still losing money & need subs to keep up all year to come close to even & even means the lose money compared to before the launch
     
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  5. Shuli sucks

    Shuli sucks Well-Known Member

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    3xH loves chick with dicks
     
  6. wife is a whore

    wife is a whore Stripped of POTY for butthurting staff VIP

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    I think he put Steph on steroids for a while, to enlarge her clit.
     
  7. Phan Neepack

    Phan Neepack Well-Known Member

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    Roided out gay gays dressed in banana-hammocks, acting out choreographed fights....







    :jj: America is doomed
     
  8. wife is a whore

    wife is a whore Stripped of POTY for butthurting staff VIP

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    I had season tickets to the XFL, so I waited a while to see if the Network was any good. I'll probably cancel after Mania. Same as when I had the WWE 24/7 for a couple months, I don't watch it often enough to justify it.
     
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  9. wife is a whore

    wife is a whore Stripped of POTY for butthurting staff VIP

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    You like yer gays lean and twinkish, huh?
     
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  10. MrPPV

    MrPPV The Shed Stopper

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    how much did the season tickets cost?
     
  11. Phan Neepack

    Phan Neepack Well-Known Member

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    So you admit that the wrestlers are gay, and you enjoy watching them

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  12. TallTyrion

    TallTyrion Triggered like a mofo VIP

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    Why are you posting in this thread if you don't like or care about wrestling weinerschnitzel?
     
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  13. Shuli sucks

    Shuli sucks Well-Known Member

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    I love this comment: Pro Wrestlers always feel like they have something to prove, given that none of their fighting is real
     
  14. MrPPV

    MrPPV The Shed Stopper

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    i think its time to make harassing wrestling fans a hate crime. we could call the bill, enough is enough and its time for a change.
     
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  15. TallTyrion

    TallTyrion Triggered like a mofo VIP

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  16. Leykis101

    Leykis101 Well-Known Member

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    I wish the UFC would do something like the wwe network. I can't justify spending $65 for watered down cards.
     
  17. TallTyrion

    TallTyrion Triggered like a mofo VIP

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    Yes....we all want to see replays of the Polar Bear Paul Varelans vs. Keith Hackney matches...
     
  18. wife is a whore

    wife is a whore Stripped of POTY for butthurting staff VIP

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    Yer the fruit focusing on banana hammocks.
     
  19. Limo Wreck

    Limo Wreck Aboard the great mothership Staff Member

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    Isn't there a nacho man thread?
     
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  20. wife is a whore

    wife is a whore Stripped of POTY for butthurting staff VIP

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    Crap, I don't remember. I got 3 tickets for each game. Maybe they were $35 or $45 per seat, per game. Like 40yd line, 11 rows up. Too fuckin cold at the Meadowlands in February though. First game I got sick for 2 weeks. Second game was so cold, we couldn't even drink outside the car in the parking lot, cause the wind was so brutal. I didn't bother to go to the last 3 games.
     
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