WWE Conference Call Highlights
10/29/15
Recap courtesy of ProWrestling.net
-The call is hosted by WWE Chairman Vince McMahon, WWE Chief Strategy and Financial Officer George Barrios, and WWE Investor Relations Michael Weitz.
-Vince touted the successful quarter and touted some of the WWE Network content. He said the NXT live specials do extremely well for them. He also spoke positively about the Best in the East special and the MSG special.
-WWE Network will launch in Japan and Germany in January.
-Vince said WWE Network is the most viewed channel on Youtube. He said that’s “really important for us.”
-Barrios read through the financial presentation, then opened up the line for phone calls.
-One of the themes Barrios emphasized was what WWE business would be like if the network grew at the same rate as Netflix. He was quick to point out that he wasn’t forecasting that.
-Barrios said they like the $9.99 price because its easy to message and understand. He pointed to Netflix having difference price points. He noted that they could eventually do the same, but it did not sound like anything is imminent.
-A caller noted that only 10 percent of the network viewership is geared toward new programming. She questioned whether they are considering whether to scale back on the new content. Vince said they always look at the data. He said the percentages are misleading because you need to be able to drive people to the network. He said once you are in the network it is so deep with all sorts of video on demand content.
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.
