WWE Q4 earnings call...Im no analyst but some interesting news.
The reason Vince fired the two President's seems related to the Network. Vince said they are in talks with third parties about licensing content. ie. It appears WWE might sell their PPV's to a third party, much like UFC did. DAZN might be a good fit.
Barring that, they could take them back to traditional PPV, but it sure sounds like a licensing/sale deal is imminent. Vince said as early as next quarter.
Mentioned bringing in new people to keep things focused which I read as acknowledging creative sucks but Vince is the Captain so anyone coming in is occupying deck chairs on Vince's titanic.
Plays loose with the numbers trying to say certain things are up. Revenue is, due to TV deals but everything else is more or less stagnant or down. For example, noted live event revenue is down but said its because they ran less events as if they could run more events and increase revenue when the truth is, they cut live events because they were losing money.
Also appears a delay in their India TV deal (which should be significant) and it seems Saudi might owe them over $120 million??? lol
Anyway, WWE business looks to be in for a big change this year, probably not a good one. I figured a licensing deal would place more pressure on WWE to produce better PPV's but it was noted, UFC quality went down when they did this because their money was guaranteed. So...