Monday, October 27, 2014

WWE Financials Announced This Week

 WWE will release their Q3 financials on Thursday morning. The information will include the number WWE Network subscribers. The Q2 financials revealed that the company had 700,000 subscribers. Since then, the WWE has expanded the network internationally to over 100 countries. All indications from WWE and from financial experts are that WWE needs to average 1.1 million subscribers in 2015 to maintain an equal cash flow. If they were to average 1.4 million for the year, they would be able to attain the profitability of the pre-WWE Network days

Opinionated View- Get ready as I think we are in for another week of WWE stock bottoming out. And maybe even more lawsuits and sadly some talent will get cut.

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