Sting Talks WWE Hall of Fame and His Retirement (Video), Paul Heyman on Dean Ambrose, Dana Warrior
Sting Talks WWE Hall of Fame and His Retireme...

Check this Sting video of him talking about his retirement. More »

Daniel Bryan Reportedly On His Way To RAW In Pittsburgh
Daniel Bryan Reportedly On His Way To RAW In ...

There have been several reports of Daniel Bryan sightings in Pittsburgh, PA … More »

Steve Austin Admits He Holds Back When Talking About WWE On His Podcast
Steve Austin Admits He Holds Back When Talkin...

Stone Cold trying to not tee off on some of his podcast guests. More »

Kane On Undertaker vs. Shane McMahon: Shane Will Jump Off The Top Of The Stadium If He Can
Kane On Undertaker vs. Shane McMahon: Shane W...

On a recent media appearance to promote WrestleMania 32, Kane was asked … More »

Update on Super Crazy’s Release, WWE Mag News, More

Posted by Marc Middleton in WWE News
Thursday, November 13th, 2008

– Despite an increased promotional push for WWE 24/7 during company programming in recent months, subscribership took a big hit during the most recent financial quarter, falling from 150,000 to 117,00 subscribers. As a result, revenue fell from $1.8 million to $1.4 million. This is significant because WWE 24/7 has shown nothing but growth since its debut and it suddenly dropped 22%.

– WWE magazine sales for the quarter went up, rising from $4.3 million to $4.7 million. The previous quarter featured the same amount of WWE magazine releases — four of WWE Magazine and two of WWE Kids Magazine.

– WWE’s stock dropped to $12.43 a share at closing today, the stock’s 52-week low. The stock has been steadily declining since WWE’s Q3 earnings report, which reported a 37% decrease in net income.

– There was some heat on among some of the top guys in WWE for letting himself get out of shape and also for taking time off for injuries, since most of those top guys work through minor injuries unless it requires surgery. Crazy has asked to waive his 90 day non-compete clause which means he won’t be getting paid and probably doesn’t have anything worked out with TNA but will find a new deal in Mexico.

UPDATES: Backstage News on The McMahon Family’s Return + HOT New MATURE DIVAS Pix!

Leave a Reply

Latest WWE News » More WWE News

Latest TNA News » More TNA News

Latest Wrestling Videos » More Videos