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Post by King Bálor (CM)™ on Apr 7, 2014 23:58:43 GMT -5
I'm the idiot? You have no rational conception of how this ing works, do you? I honestly believe you DO NOT read my posts. You just see I posted and start to fire off nonsense. Typical keyboard warrior. I'll say it again since I know you missed it......they need 1 million subscribers to break even. PERIOD. End of story. That is a fact as reported by Forbes. FACT. Who the hell would is suspecting most people who subscribe to the network also bought the PPV? I'm sure there were some....but most??!!?! NO WAY! Anyone here on WFigs do that? Variety can writer whatever article they want. Thats conjecture. Whats fact.....WWE stock dropped 19% with the release of that number. They finished 15% down for the day. FACT. I'm gonna take this FACTUAL data being more relevant than an opinion piece. You feel free to be blinded by conjecture. As far as the international market goes....my initial thought would be it should definitely push WWE to the million number. That was my initial thought. But when Jayme Wiggins from Intrepid Capital Management unloaded his 10% stake in WWE today based directly from this number......I have to pause. FACT....Jayme Wiggins knows more about the network and profitablility than both of us combined. He is a successful entreprenur that has made thousands upon thousands in the stock market. HE knows more than a couple of guys bitching on a wrestling figure message board. And what exactly are you? WWE expects 1 million by the end of the year, not within 2 months. Having 667,000 already from just one country is probably very satisfying to them as the number can only go up after they release the Network in more countries. They no doubt feel they can get more than 400,000 more people in 8 months after getting more than that in 2. THEY know more than a guy bitching on a wrestling figures board. Seriously?!?!?! I'm one of the guys bitching on a wrestling figure message board. Try and follow along.
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Deleted
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Post by Deleted on Apr 8, 2014 0:04:03 GMT -5
And what exactly are you? WWE expects 1 million by the end of the year, not within 2 months. Having 667,000 already from just one country is probably very satisfying to them as the number can only go up after they release the Network in more countries. They no doubt feel they can get more than 400,000 more people in 8 months after getting more than that in 2. THEY know more than a guy bitching on a wrestling figures board. Seriously?!?!?! I'm one of the guys bitching on a wrestling figure message board. Try and follow along. Seriously though, I really don't understand where you're coming from. When WWE is expecting 1 million after 10 months, what makes it so shocking they have 667,000 in 2?
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Post by King Bálor (CM)™ on Apr 8, 2014 14:56:05 GMT -5
Seriously?!?!?! I'm one of the guys bitching on a wrestling figure message board. Try and follow along. Seriously though, I really don't understand where you're coming from. When WWE is expecting 1 million after 10 months, what makes it so shocking they have 667,000 in 2? What a company states publically and what internal expectations are completely different in some cases. The stock wouldnt drop like that if it wasnt for a worry that this project could in fact become a failure.
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Deleted
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Post by Deleted on Apr 8, 2014 14:59:40 GMT -5
120,000,000$$$$$$
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PenguinDeluxe
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Post by PenguinDeluxe on Apr 8, 2014 15:09:04 GMT -5
I honestly think the Streak ending had more to do with the stock drop than WWE being (obviously) well on their way to meeting their 1M subscribers in a year goal.
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WWE Common Terry
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Post by WWE Common Terry on Apr 8, 2014 15:25:07 GMT -5
If word of mouth is worth anything, they should do all right because I have nothing but good things to day.
I wonder if they purposely held back on overloading the promotion because they didn't know how much traffic they could handle. The promotion for the app was 20x what they've done for the network.
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Post by BrIaNMeRcY on Apr 8, 2014 15:35:26 GMT -5
The WWE wasn't expecting to get 1 million subscribers within the first two months. It takes an incredible amount of time to gain the amount of people you hope to subscribe. For ten dollars a month, you have far more content the WWE was offering when they had Classics On Demand. The WWE didn't expect to get a million subscribers to the network. When the WWE irons out the kinks with the network, I can see the network being one of the wiser business decisions the WWE has made. As far as Wall Street is concerned, the stock market is a huge, huge risk. The WWE's stock and shareholder's know the risks of investing into the product. Every single publicly traded company knows the risks on the stock market.
There is a saying in life, "You win some, you lose some." This is pretty much the same mentality the WWE has.
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y2josh
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Gold Ranger Power.
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Post by y2josh on Apr 8, 2014 17:00:39 GMT -5
Just wanna chime in here. I work for Comcast. In the Baltimore region, Sunday night, Comcast had issues getting the PPV to customers, causing a huge spike in caller queue, upwards of 150 people waiting at a time to speak to the people in tech support. WWE is clearly still getting PPV buys on top of the Network. So I'm not worried about them losing money on this venture.
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Post by Next Man’s Knowing Rock on Apr 8, 2014 19:21:35 GMT -5
1 million is what they projected for the end of the year. I don't know why you'd expect that in a little over a month. Unless they've got something huge planned for later in the year, the number probably isn't going to increase by 50% by the end of the year. "WrestleMania for $10" was the biggest single draw for the network, and now that's been and gone... Hell, I wouldn't be surprised if the year-end number is even smaller than the current number. It may be a bit higher, but I doubt it'll be 50% higher. I hope I'm wrong on that though, because I don't want price increases and WrestleMania being taken off the network etc.
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WWE Common Terry
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Post by WWE Common Terry on Apr 8, 2014 19:32:18 GMT -5
Guys, Legends House doesn't debut until later this month. That should be worth 400k subs alone.
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PenguinDeluxe
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Post by PenguinDeluxe on Apr 8, 2014 19:35:21 GMT -5
1 million is what they projected for the end of the year. I don't know why you'd expect that in a little over a month. Unless they've got something huge planned for later in the year, the number probably isn't going to increase by 50% by the end of the year. "WrestleMania for $10" was the biggest single draw for the network, and now that's been and gone... Hell, I wouldn't be surprised if the year-end number is even smaller than the current number. It may be a bit higher, but I doubt it'll be 50% higher. I hope I'm wrong on that though, because I don't want price increases and WrestleMania being taken off the network etc. That something huge is making the Network available to more than just the United States. Currently it is only available here. Once it launches worldwide, the number should increase significantly.
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jeffro2000
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Post by jeffro2000 on Apr 8, 2014 19:43:56 GMT -5
I don't see how 667,000 subscribers in 2 months can be viewed as a negative. They are well on their way to a 1m subscribers by the end of the year in the US alone probably. Once they open it up internationally, they will be doing quite well.
Sure they are getting new subscribers everyday just like every day a kid walks into a store and buys his first action figure thus the need for Cena and Mysterios.
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fearofdread
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Post by fearofdread on Apr 8, 2014 19:48:07 GMT -5
One thing to note, the 600,000 subscribers includes those who have yet to make a payment, according to the numbers. Those could be raw numbers including those who have done the 1 week trial, it could include the newly subscribed who haven't cleared the payment process yet.
The stock was overvalued at $32 a share and was based largely on speculation about the expansion of the product and the broadening of the brand. The network news was exactly what was needed to spook the investors looking who saw the exponential growth in the stock since September and thought they would cash out. It dropped another $2 today, which may be a sign it is leveling out. The fall was counter to most other stocks today, and much more extreme than most yesterday, when markets sank for a 3rd straight day.
All that said, the numbers will be amended and we may see a return to the $32 price of the stock. It will not be a quick recovery, however, as lower than expected earnings will most likely keep the price a little lower (they are spending a great deal on products that may pay out in the future (the network, the new and older original programing, the movies)) over the next few months.
The stock market is not always a bellwether of how a company is doing, but it can be about how it is perceived. Schwabb has consistently rated the stock as a "D" stock, some potential for growth but volatile and based on an unsure revenue flow. There are lots of other big names with similar ratings, but those stocks tend to have higher dividends and stronger long term growth history. WWE was, until 2013, a sub $10 stock that took off after rumors of the network and broadening revenue sources helped bolster the already lucrative TV, Live Event, Merchandise (thru many agents and manufacturers) and PPV revenue.
I say this as someone who saw a $1 dip in the price last October and sold out. It was a mistake that cost me a potential $4400 windfall. I can't imagine what those who bought the stock at $32 were thinking about and the bath they have taken since then.
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Post by punksnotdead on Apr 8, 2014 20:00:42 GMT -5
1 million is what they projected for the end of the year. I don't know why you'd expect that in a little over a month. Unless they've got something huge planned for later in the year, the number probably isn't going to increase by 50% by the end of the year. "WrestleMania for $10" was the biggest single draw for the network, and now that's been and gone... Hell, I wouldn't be surprised if the year-end number is even smaller than the current number. It may be a bit higher, but I doubt it'll be 50% higher. I hope I'm wrong on that though, because I don't want price increases and WrestleMania being taken off the network etc. Yeah, this is my fear. WWE is going to lose a percentage of subscribers when that initial 6 month period is up. I'm not sure how much of a drop they will see, but it's unrealistic to think that not only is WWE going to add 400K subscribers, but that they won't lose a single subscriber from the first wave of signups. At least not if we are talking the current subscriber pool as it stands. I can see the international subscriptions making a massive difference though. So hopefully that's enough to push them to that break-even point. I absolutely love the Network so far, and couldn't be more happy with spending the money every month. I'd hate to see anything change at this point after we've been given so much.
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Alpha Q Up
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Not gravitas
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Post by Alpha Q Up on Apr 8, 2014 20:02:45 GMT -5
1 million is what they projected for the end of the year. I don't know why you'd expect that in a little over a month. Unless they've got something huge planned for later in the year, the number probably isn't going to increase by 50% by the end of the year. "WrestleMania for $10" was the biggest single draw for the network, and now that's been and gone... Hell, I wouldn't be surprised if the year-end number is even smaller than the current number. It may be a bit higher, but I doubt it'll be 50% higher. I hope I'm wrong on that though, because I don't want price increases and WrestleMania being taken off the network etc. All I know is, Night of Champions 2014 is going to be the biggest NOC of all time. That's the WWE's bait to get people to subscribe to the Network for another 6 months, and then WrestleMania in 2015 will be the next bait. Basically every year, they'll have WM as their bait for people to subscribe, and one other PPV that falls on the month that coincides with the month that ends most of their subs contracts.
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Post by Next Man’s Knowing Rock on Apr 8, 2014 20:03:21 GMT -5
Unless they've got something huge planned for later in the year, the number probably isn't going to increase by 50% by the end of the year. "WrestleMania for $10" was the biggest single draw for the network, and now that's been and gone... Hell, I wouldn't be surprised if the year-end number is even smaller than the current number. It may be a bit higher, but I doubt it'll be 50% higher. I hope I'm wrong on that though, because I don't want price increases and WrestleMania being taken off the network etc. That something huge is making the Network available to more than just the United States. Currently it is only available here. Once it launches worldwide, the number should increase significantly. That's irrelevant though. They are (or perhaps with that number now, it's more accurate to say were) looking for a million domestic subscribers by the end of the year. They are (/were) looking for one million US subscribers and another quarter of a million international. And the thing is too, that a good number of the 667,287 current subscribers are from outside the US, using a VPN service to watch. I'm one of them. And there most likely aren't going to be 333,000 people in the US (or even outside the US) who care enough about the WWE network but didn't order it for the biggest weekend of the year. Here's the best coverage of the network so far, from stat expert Chris Harrington: whatculture.com/wwe/reaction-wwe-network-subscriber-number-misses-real-story.php
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Dr. Mantis Toboggan MD
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I need a monster condom for my magnum sized dong.
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Post by Dr. Mantis Toboggan MD on Apr 8, 2014 20:05:50 GMT -5
Seriously though, I really don't understand where you're coming from. When WWE is expecting 1 million after 10 months, what makes it so shocking they have 667,000 in 2? What a company states publically and what internal expectations are completely different in some cases. The stock wouldnt drop like that if it wasnt for a worry that this project could in fact become a failure. The stock price is still well twice what it was 6 months ago and as others have said, stock prices drop for some of the stupidest reasons. Whenever a disaster happens, stock prices drop. It may have been do to Taker's loss, it may have to do with people who bought stock and had no idea what WWE expected to have in subscriptions. A lot of people didn't buy because of the they didn't know how well it would be for a streaming event that large.
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Post by Next Man’s Knowing Rock on Apr 8, 2014 20:09:49 GMT -5
Unless they've got something huge planned for later in the year, the number probably isn't going to increase by 50% by the end of the year. "WrestleMania for $10" was the biggest single draw for the network, and now that's been and gone... Hell, I wouldn't be surprised if the year-end number is even smaller than the current number. It may be a bit higher, but I doubt it'll be 50% higher. I hope I'm wrong on that though, because I don't want price increases and WrestleMania being taken off the network etc. All I know is, Night of Champions 2014 is going to be the biggest NOC of all time. That's the WWE's bait to get people to subscribe to the Network for another 6 months, and then WrestleMania in 2015 will be the next bait. Basically every year, they'll have WM as their bait for people to subscribe, and one other PPV that falls on the month that coincides with the month that ends most of their subs contracts. The renewal will be Night of Champions for those of us who bought on day one. For people who bought WrestleMania week, it'll be Hell in a Cell. WWE needs to make both of those shows strong as hell. That's why I think Brock takes the title at SummerSlam and defends it at NOC and HIAC. Brock in a cell match could be a hell of a draw (though probably nowhere near as a big a draw as WrestleMania).
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Alpha Q Up
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Not gravitas
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Post by Alpha Q Up on Apr 8, 2014 20:15:55 GMT -5
All I know is, Night of Champions 2014 is going to be the biggest NOC of all time. That's the WWE's bait to get people to subscribe to the Network for another 6 months, and then WrestleMania in 2015 will be the next bait. Basically every year, they'll have WM as their bait for people to subscribe, and one other PPV that falls on the month that coincides with the month that ends most of their subs contracts. The renewal will be Night of Champions for those of us who bought on day one. For people who bought WrestleMania week, it'll be Hell in a Cell. WWE needs to make both of those shows strong as hell. That's why I think Brock takes the title at SummerSlam and defends it at NOC and HIAC. Brock in a cell match could be a hell of a draw (though probably nowhere near as a big a draw as WrestleMania). Yup, I totally agree. And I think the WWE understands this too. Bryan's reign will end around August/September, and he should get his rematch at NOC and/or Hell in A Cell.
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Post by King Bálor (CM)™ on Apr 8, 2014 20:36:33 GMT -5
What a company states publically and what internal expectations are completely different in some cases. The stock wouldnt drop like that if it wasnt for a worry that this project could in fact become a failure. The stock price is still well twice what it was 6 months ago and as others have said, stock prices drop for some of the stupidest reasons. Whenever a disaster happens, stock prices drop. It may have been do to Taker's loss, it may have to do with people who bought stock and had no idea what WWE expected to have in subscriptions. A lot of people didn't buy because of the they didn't know how well it would be for a streaming event that large. Yes it is. WWE Stock is still performing, overall, very well. And yes, stock prices do fluctuate for stupid reasons. HOWEVER, Forbes directly cites the subscriber number AND a 10% shareholder dumped his stock based on that number. I can tell you UNEQUIVOCALLY that Taker had ZERO to do with the stock price drop. That is an absolute absurd and ridiculous statement. This thought proves just how little you understand about the market. In addition, WWE Network has more value than JUST WM streaming live. It also has the library, which will have WM 30. Not everyone watches these PPV live. I think there are probably quite a few subscribers that specifically signed up for WWE Network b/c of its ability to be "on demand". Meaning they dont watch live tv or live PPV. They watch at their own time that they find most convenient. Many of you can feel free to disagree with me or believe this lame ass idea that the end of the streak is what caused the price to drop, but I can assure you....it is FAR from the truth. The fact is 667,000 is considered to be a low number for stock holders, investors and the WWE.
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