- Dec 14, 2007
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Jesse Steamboat
Slap your promoter then slap yourself
Please suggest the name Jimmy Rustle.
Slap your promoter then slap yourself
Please suggest the name Jimmy Rustle.
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Dog, Orlando Jordan and Andrew Bynum go to the same salon.
I dont know man, im really not in a position to argue.
I mean, people go through new gimicks all the time.
ill ride this out for a bit, and then maybe come back with something better later down the line
besides, you hate it now, but Jesse Steamboat sounds cool when you say it enough times.
atleast thats what im telling myself.
WWE CFO George Barrios spoke to 4-Traders.com today. Here are some highlights from the interview.
Where WWE's Future Growth Will Come From: "Well, over the last few years our core business has been performing well. We generate $75 million to $95 million of EBITDA. Those EBITDA margins have been 16% to 19% so the core business performed well. We have invested a lot in the last couple of years to take advantage some of that growth that we see. And the big strategic thesis for us is the value of content. There is more and more distribution alternatives available. Netflix is one everyone talks about. YouTube not being part of just social video but now real original content. So there's more and more distribution alternatives and it's on a global basis. As a content creator and owner, which makes us unique, we own 100% of the rights of our content. We license them out, we'll license windows but we own it all. And that's a unique position to be in. We think the rising distribution opportunity is driving up the valley of content. In fact, you look at what HBO does to produce Game of Thrones, right? You're talking $10 million to $20 million an episode for 13 hours, right. So now you're in the $150 million to $200 million. That's incredible value. Raw and SmackDown are two franchised programs, average more viewers than any cable network average of prime time. So USA is a number one cable network in the US. It averages about 3 million viewers a week in prime time. Raw and SmackDown, our two top programs, averages more than that. We create a lot of value with the content. That's going to be a big driver for growth."
How WWE Will Monetize The Network & The Break-Even Point: "Sure. So on the first part, continuing on with our core products, we're going to keep them fully distributed. We think that's a great platform for a network. And we think there's a lot of value as those shows come up for renewal. Our four biggest contracts will be renewed over the next three years. We think that's a great opportunity for us because of the value we deliver. Then to the network, we said we're going to take our pay-per-views. We're one of the preeminent pay-per-view providers today and our pay-per-views are priced anywhere between $49.95 and $59.95 today and we're going to make that the core of a value proposition with a lot of other new content and put it on a premium network so that our fans can subscribe. We said the price will be somewhere between $12.99 or $14.99, to be determined as we go to market but we think that's a real great opportunity. And to your question about breakeven, about a million subscribers because the pay-per-view buyers will migrate over to the network. That's our belief. About a million subscribers, we breakeven at 2 million, it's a really good business; at 3 million to 4 million, for us it's transformative."
Will WWE's Pay-Per-View Business Eventually Go Away? "We believe over time. We believe the value proposition will be much more powerful to subscribe to a network at $12.99 to $14.99, 24/7, you have the pay-per-views, a lot of great content, our library, a lot of retrospective programming that we're doing that's testing really, really well, we're producing it right now so over time, I think the pay-per-view does go away.
Jimmy Uso's attorney Keith M. Goan released the following statement regarding Uso's arrest last week.
"Please accept this correspondence as a notice of correction as it relates to the recent arrest of Jonathon Fatu. As many of you have reported Mr. Fatu was charged with a DUI in 2012. He plead No Contest to said charge and was placed on probation. He completed the terms and conditions of his probation as directed by the Court. While waiting for the termination of said probation to take effect, he was erroneously cited for driving on a suspended license and an affidavit of violation of probation was filed.
This most recent 'arrest' derived from Mr. Fatu turning himself in to the Hillsborough County Jail allowing for the warrant to be set aside. This arrest was not a second DUI as is being falsely reported. We are extremely confident that once we get on the Court's docket, Mr. Fatu's probation will be terminated and the citation for driving on a suspended license will be dismissed."
Dog, Orlando Jordan and Andrew Bynum go to the same salon.
Orlando Jordan probably does Bynum's hair.