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Vince Talks Shane/Linda Leaving, Update on WWE TV Network & More


Reported By marcm0484
11/5/2009

Vince McMahon
- Here are some highlights from the WWE conference call today with investors. The call began at 11:02AM and ended at 11:27.

* Vice President Michael White and Vince McMahon opened the call. Vince says they had a good third quarter and discusses attendance, noting that average attendance is up 9%. Vince says ratings are up 23% in this quarter compared to last year.

* Vince talks about WWE Studios and says it's a natural extension of WWE's business. He talks about how they have changed their thinking to go with smaller budgets and direct to DVD releases. He says something about nobody buys WWE stock just for their films.

* Vince talks about Linda McMahon leaving WWE and says he has taken over her duties. He mentions Shane also leaving but says the WWE management team is stronger than ever. He says Shane is leaving to pursue other interests in the marketplace. Vince says in WWE, you are judged on the way you perform and not because your last name is McMahon.

* George Barios joined the call and talks about revenue growing but pay-per-views struggling. Live events and merchandise sales were strong this quarter both domestically and internationally. They talk about how good they're doing internationally.

* WWE is still working on cutting operating costs by $20 million and that should show more by the end of the fourth quarter. They are operating with good cash in hand still and virtually no debt.

* A WWE TV network is still being looked into.

* The first question in the Q&A session is about increased attendance. Lower ticket prices have helped they say. They talk about the partnership with the Army National Guard being beneficial for both sides.

* A question is asked about them not using old footage in more DVD releases and on demand services. Donna Goldsmith says they do use a lot of the old footage and mentions the WWE network they want to get off the ground, saying it would use a lot more of the old footage.

* A question is asked about WWE cutting back on the pay-per-view schedule. They say they will look into adding and subtracting events on a show-by-show basis.

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Jobber

Joined
October 09
11/5/2009 2:21:00 PM
more bullsh## from vince.......lets see he said the creative has never been stronger, yet you have no mid card.than the whole you get juged by your performance and not your mcmahon name bull....if thats true triple h would have not been a 142 time champion,or stay in the main event for no reason
Cruiserweight
Champion

Joined
June 08
11/5/2009 2:54:00 PM
"Vince says ratings are up 23% in this quarter compared to last year."

That is a load of bullsh##. I know for a fact that last year smackdown ratings were in the 2.3-2.4 range last year at this time, now they are struggling to get a 2.0.

ECW ratings have dropped as well, the past 4 weeks I believe they have gotten only a 1.0.

Unless Vince is mentioning Raw only, he is lying through his teeth, because every other show has dropped in ratings big time
Quote: I woke up from a nightmare where WWE went PG and had wrestlers hugging each other. Wait a second
United States
Champion

Joined
April 07
11/5/2009 3:04:00 PM
Quote:
Originally Posted by Rock Bottom
more bullsh## from vince.......lets see he said the creative has never been stronger, yet you have no mid card.than the whole you get juged by your performance and not your mcmahon name bull....if thats true triple h would have not been a 142 time champion,or stay in the main event for no reason

He said management is stronger than ever...not creative.

Triple H's last name isn't McMahon either :]

Quote: I am a sycophantic tapeworm.
United States
Champion

Joined
April 07
11/5/2009 3:04:00 PM
Quote:
Originally Posted by codebreaker123p
"Vince says ratings are up 23% in this quarter compared to last year."

That is a load of bullsh##. I know for a fact that last year smackdown ratings were in the 2.3-2.4 range last year at this time, now they are struggling to get a 2.0.

ECW ratings have dropped as well, the past 4 weeks I believe they have gotten only a 1.0.

Unless Vince is mentioning Raw only, he is lying through his teeth, because every other show has dropped in ratings big time

I imagine he probably is talking about raw.

Quote: I am a sycophantic tapeworm.
Icon

Joined
February 08
11/5/2009 3:32:00 PM

* Vince talks about WWE Studios and says it's a natural extension of WWE's business. He talks about how they have changed their thinking to go with smaller budgets and direct to DVD releases. He says something about nobody buys WWE stock just for their films.
Only wrestling fans will watch WWE movies, but they are doing the right business thing by making these movies.

* Vince talks about Linda McMahon leaving WWE and says he has taken over her duties. He mentions Shane also leaving but says the WWE management team is stronger than ever. He says Shane is leaving to pursue other interests in the marketplace. Vince says in WWE, you are judged on the way you perform and not because your last name is McMahon.
So How long until the extra responsability's become a concern for his health?


* A WWE TV network is still being looked into.
this would be a HUGE mistake... a WWE network is a sure fire way to fend away semi interested future fans, and longtime fans who don't wanna pay a rediculous subscription fee... a horrible horrible idea!


* A question is asked about WWE cutting back on the pay-per-view schedule . They say they will look into adding and subtracting events on a show-by-show basis.

A nice way of talking around the subject and saying fu## off in a PG manner!
Quote: Cool guys don't look at explosions!!!
Jobber

Joined
September 09
11/5/2009 7:42:00 PM
Vince McMahon or should I say Vince McMoron you are without a shadow of a doubt........ THE KING OF THE IRON BULLS##T!
(That's a little Tekken catchphrase to you Vince)
Quote: I'm a Damn Straight Edge and it means I'm better than you