ouworldindata.org Despite a pandemic, many wrestling companies are running wrestling events for video or TV purposes, without fans in attendance. The safety of those events varies and depends on factors, including the prevalence of COVID-19 in the local area, whether individuals participating are otherwise at risk of being infected, and the precautions being taken in … Continue reading COVID-19 Cases Tick Back Up In Florida Counties Where WWE and AEW Run, Rising In Mexico; Japan Easing Restrictions
It’s evident my earlier estimate of WWE profitability was too low. I estimated that the company would record $121 million in operating income for 2020, in the scenario that there were no more live events for the rest of 2020. After a more detailed estimate of WWE’s revenues and expenses, and with improved knowledge learned … Continue reading Despite COVID-19, WWE Will Set Profit Records in 2020 If TV Fees Remain
The short-term effects of COVID19 to WWE’s, and maybe AEW's, finances may actually be positive, not negative. The inability to run normal live events actually reduces costs. TV rights payments to the company from broadcast partners, related to flagship programs Raw and Smackdown, appear unimpeded. In other words, the cost of producing programming has been … Continue reading Will Audiences That Turn Off Empty Arena Shows Come Back?
There’s understandable suspicion that there’s a connection between Linda McMahon’s pro-Trump super PAC, America First Action, allocating $18.5 million to Florida on the same day (April 9) that Florida governor Ron DeSantis amended his stay-home order which allows WWE to run tapings at the Performance Center in Orlando, Florida. As dubious as it seems, and … Continue reading WWE Deemed Essential in Florida May Be Unsafe But Probably Isn’t Result Of A “Bribe”
It's been suggested to me that every five years or so WWE goes through a cyclical change like this, the last one in 2014 after the WWE Network didn’t gain subscribers as quickly as they had hoped and there was a lot of cost-cutting in a year where the company was not profitable overall. WWE … Continue reading WWE Layoffs Were Morally Heartless and Economically Unnecessary
The following is an attempt to model how COVID-19 related restrictions will impact WWE's finances. Obviously, it's uncertain how long WWE will be unable to run live events. This model considers the financial impact to WWE, at monthly and quarterly intervals, through the remainder of 2020. Ultimately, I concluded that if WWE doesn't run live … Continue reading WWE COVID-19 Financial Risk Assessment