Too much for that. WWE may be the largest wrestling company in the world, but that doesn't mean they are immune to harm. Lately, the company has been taking hit after hit and could really use some good news for a change. That has been the case for a long time and it does not appear that its good news will come in the near future.
Over the past year or so, WWE's stock has plummeted absolutely, with one bad result after another causing the fund to drop almost entirely. Much of this is because quarterly financial reports are not going as well as expected, which can make the company look weak. They needed something to make things look better quickly and one of their great ideas doesn't seem likely.
According to Wrestling Observer Radio, the possible WWE deal to sell the rights to his payment for visits to ESPN + is dead. The plan was to announce such an agreement by the end of the first quarter of 2020, but that has not been met. Such a move was considered one of the main reasons why the stock price remained as high as it was. It is not known if the deal could be made later or if another streaming service might be interested.
WWE has a lot of visits to sell. Check out some of his best moments from last year:
(embed) https://www.youtube.com/watch?v=KI4-Fnx0ERg (/ embed)
(embed) https://www.youtube.com/watch?v=zrLt2KGRMPs (/ embed)
(embed) https://www.youtube.com/watch?v=a4azc7VsJP0 (/ embed)
Opinion: Successes keep coming for WWE, who can't seem to get out of the line of fire. Things will get even worse when they don't have WrestleMania revenue to turn to, but this company always finds a way to get ahead. At the end of the day, things are bad right now, but they have been bad before, which means they can improve. I'm not sure what that will be like right now.
Did you like the idea of the deal? Will it ever happen? Let us know in the comments below.
Thomas Hall has been a fan of wrestling for over thirty years and has watched over 50,000 wrestling matches. He has also been a wrestling critic since 2009 with over 5,000 complete shows covered. You can find his work at kbwrestlingreviews.comor take a look his- Amazon author page with 30 wrestling books. Get the latest and greatest professional wrestling news by subscribing to our daily email newsletter. Just look below for "GET EXCLUSIVE UPDATES" to sign up. Thank you for reading!
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