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WWE News: Highlights From Today’s Third Quarter Financial Results Conference Call

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Vince McMahon

As was noted earlier, the WWE issued its Third Quarter Financial Report today which included a new statement regarding next weekend’s Crown Jewel event, which is still going on as planned (see that here).

The report was also followed up by a conference call featuring WWE Co-Presidents George Barrios and Michelle Wilson along with WWE Chairman Vince McMahon in which the three offered up some interesting information regarding the company. Here are the highlights from today’s call:

  • Vince begins by speaking about the company “deepening” their production of original content including Miz & Mrs and Mixed Match Challenge. He then discusses the company showcasing its “brand power” with SmackDown 1000 and says they’re looking forward to Evolution and Crown Jewel
  • Barrios discusses the financials given in today’s earlier report
  • The amount of television being produced is given at 400 hours this quarter, while RAW and SmackDown Live are still USA Network’s highest rated programs
  • The fact that Evolution this Sunday has been sold out is brought up multiple times
  • 170 hours of digital and social media content including the Mixed Match Challenge were produced, resulting in 29.9 billion views
  • Creating more localized content was addressed, as we’ve heard rumors of WWE looking into Germany as its next location for something such as NXT UK
  • Barrios says keeping Crown Jewel in Saudi Arabia was a “difficult decision”. Vince is then asked about it and says it’s a sensitive subject, then refers back to the original statement on the event
  • The drop in Live Event attendance is addressed, Vince stating they know how to fix it and will be working on it moving forward
  • The strategy with international brands like NXT UK is brought up and the hope of having places like Performance Centers in various parts of the globe is still the long-term plan as the company tries to widen its reach with talent
  • Mixed Match Challenge and the relationship with Facebook are called positive, stating that they learned with season one that 11 minute episodes weren’t long enough and adjusted for season two
  • New advertisers are coming on board after that was down in the Third Quarter, as they join with Hyundai, Riot Games and Coca-Cola
  • As for rising costs, it’s explained that the company is investing as it did 3-4 years ago with things that are coming through now
  • When asked about a tiered pricing WWE Network, which Barrios says they’re getting closer to and might see in 2019
  • A question was posed about how many events will run in Saudi Arabia next year, to which the answer was we will find out in the next quarter
  • With regards to a possible all-women’s show in the future, it’s been discussed but not worked out yet when and where to do it
  • Finally they were asked about Saudi Arabia one more time and the potential risks, to which Barrios said the complexity of the whole situation was obvious before referring back to the original statement again

Highlights c/o PWInsider

 

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AEW Coverage

Mitchell’s AEW Continental Classic Update! (11/27/23)

What a start to the tournament!

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Did your picks win points?

The AEW Continental Classic is underway, with almost everyone competing. Check in here if you haven’t seen the winners and losers of week 1!

Here are your Gold League standings!

  • Jon Moxley: 1-0, 3 points
  • Swerve Strickland: 1-0, 3 points
  • Jay White: 1-0, 3 points
  • Rush: 0-1, 0 points
  • Mark Briscoe: 0-1, 0 points.
  • Jay Lethal: 0-1, 0 points

 

Here are your Blue League standings!

  • Brody King: 1-0, 3 points
  • Claudio Castagnoli: 1-0, 3 points
  • Daniel Garcia: 0-1, 0 points
  • Eddie Kingston: 0-1, 0 points
  • Bryan Danielson: Yet to Compete
  • Andrade El Idolo: Yet to Compete

 

My Thoughts:

Nothing too crazy, nothing too wild, this tournament only just got started. The only disappointing point is that they could not get Bryan “cleared to compete” Saturday night. Not sure how much of that is shoot given the bad eye, but this was kinda the problem of wanting him in the tournament over tons of other choices. Bryan wants to face Okada for WrestleKingdom 18, how is Bryan supposed to do that at his best if he’s also gonna be in a round robin, doing five top level matches in about as many weeks? And it takes away from Andrade being able to do something. Also a little surprised we didn’t even hear from Andrade on Saturday.

Now as we heard on Saturday, round two’s matches are set. Gold League will see Mark Briscoe VS Rush, White VS Swerve, and of course, Moxley VS Lethal. Nice variety there, a couple 0-1 guys facing off, as well as two 1-0 guys, and then 1-0 VS 0-1. No offense to Lethal, but he feels like an 0-2 going up against Moxley. Hard to call the other ones but that’s the fun of it. Meanwhile, Blue League sees Brody VS Claudio in a showdown to be 2-0, then Bryan and Andrade finally jump in, Bryan against Eddie and Andrade against Garcia. Sadly, feels like Eddie and Garcia are going 0-2, no way Tony Khan is booking Bryan and Andrade to lose their first shots.

In fact, that could be half the reason they did wait on those two, that’s almost too good for just a first round opener. But I still would’ve done it, same as NJPW does stuff like that for round robins, which this is all modeled after anyway.


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AEW Coverage

AEW announces Continental Classic entrants

The C2 is set!

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Tony Khan Reveals the Blue and Gold “Leagues!”

Originally livestreamed, Tony Khan and Tony Schiavone officially announced the twelve total entrants and divided them into the two round robin blocks known as the “Blue League” and “Gold League.” If you don’t feel like sifting through the almost 30 minute video, the groups are:

Blue League

  • Bryan Danielson
  • Andrade El Idolo
  • Brody King
  • Claudio Castagnoli
  • Daniel Garcia
  • Eddie Kingston

Gold League

  • Jon Moxley
  • Swerve Strickland
  • Rush
  • Mark Briscoe
  • Jay Lethal
  • Jay White

 

Tony Khan also explains the rules for the Continental Classic:

  • Every match has a 20 minute time limit
  • The winner of each match earns 3 points, losers earn 0, 1 point for a draw
  • EVERYONE ELSE is banned from ringside for true 1v1 action

 

Eddie Kingston also joined the selection special as his “life’s work” is on the line in this tournament, both the ROH World Championship and NJPW Strong Openweight Championship on the line as part of the modern day North American Triple Crown Eddie, Tony Khan, AEW, ROH and NJPW are looking to create together. Gold League competes tonight on Dynamite while Blue League will have their start this Saturday on Collision. Look for more articles like this one to keep up with the Continental Classic standings over the next six weeks of tournament action!


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