Forbes Calls WWE Network the “Wave of the Future”, Alex Riley in Tears After NXT Match, Update on John Laurinaitis

February 14, 2015

Forbes Calls WWE Network the “Wave of the Future”

black history month Forbes is yet another mainstream press outlet to cover WWE’s fourth quarter financial results, and WWE has been getting a lot of positive feedback from its earnings report.

Fortune has published a new article praising WWE Network and Vince McMahon, and notes while WWE is currently losing money, the WWE Network is a success. The following is an article excerpt:

Give McMahon credit for having the guts to go against conventional wisdom and critics who wanted WWE to stick exclusively with its pay-per-view model. McMahon has looked Joseph Schumpeter‘s creative destruction theory in the eye and smiled right back. It takes you know what to take a profitable business model and rip it apart, but that is exactly what McMahon has done.

Over-the-top is what will drive the WWE Network’s growth and is the wave of the future. Last year, Walt DisneyDIS +0.57% Company and the Dish Network announced a distribution agreement that provides DISH customers with access to Disney’s robust line-up of top quality sports, news and entertainment content across televisions, computers, smartphones, tablets, gaming consoles and connected devices. Sling TV, a new streaming service from Dish that was the first service that lets sports fans watch live ESPN without a cable or satellite subscription, offers ESPN and a dozen other cable channels–for only $20 a month.

Laurinaitis Update

John Laurinaitis noted on Twitter he is currently overseas on the WWE Abu Dhabi tour.

Alex Riley in Tears After NXT Match

Alex Riley reportedly received a huge reaction from the NXT fans when he made his return at last night’s TV tapings and began a feud with a top star. Riley posted the following reaction on Twitter:

2/12/15 will be remembered forever 4 many reasons, u bared witness to the supernatural, Never Forget & NEVER SURRENDER #RileyWalks @wwe

— Alex Riley (@AlexRileyWWE) February 13, 2015

Nick was born and raised in Detroit, Michigan, and lived there until the age of 18, when he decided to pack his flack jacket and move to New York City.

Nick attended New York University and graduated in 2001 with a degree in Drama.

Nick first entered the internet wrestling community back in 2004 when he became the co-host of The Voice of Wrestling Radio Show. From there, Nick made the transition from radio personality to editor when he began working with WrestleZone in 2008.

Nick is a member of two Off-Broadway theatre companies, Another Urban Riff, and the Drama Desk Award winning Godlight Theatre Company. Nick has appeared in over a dozen Off-Broadway plays since he moved to New York City, and has shot several short and feature length films. In 2010, he completed principle photography on a film titled "How to Score Your Life," which also features TNA Knockout ODB.

Inspiration in his life has come from many people including his family, Woody Allen, Steven Spielberg, Jack Nicholson, The Beatles, and of course, Lassie.