TKO Q3 2023 Earnings Report & Analysis, NXT moving to CW | POST x Wrestlenomics

POST Wrestling

After Shows, Wrestling, Sports, Tv & Film, Tv Reviews

4.8 • 1.1K Ratings

🗓️ 8 November 2023

⏱️ 58 minutes

🔗️ Recording | iTunes | RSS

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Summary

John Pollock and Brandon Thurston go through TKO’s Q3 Earnings Report and call with analysts, and NXT is moving to the CW Network.

Pollock & Thurston discuss the key items from TKO’s first quarterly earnings report, the emphasis on increasing site fees and exploring further sponsorships, highlights from the Q&A during the earnings call, and all the implications of the NXT deal with the CW Network that goes into effect in October 2024.

Additional links:

- The CW Network To Become The Exclusive Broadcast Home To WWE NXT

- TKO Reports Third Quarter 2023 Results

- Q3 2023 TKO Earnings call

- 10-Q Quarterly Report

- 8-K

Music courtesy: “Panic Beat” Ben Tramer

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Transcript

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0:00.0	Brandon Thurston from Ressonomics is up next and we're going to follow Brandon with John Pollack from post- Wrestling.
0:08.0	Thank you and good afternoon everyone.
0:12.0	But we can't ignore the math, okay?
0:15.0	We can't ignore the data.
0:17.0	Go on Google Trent, type in your name, then type in mine.
0:21.0	You're a straight line. I'm a pyramid.
0:24.0	I like the very direct question on that.
0:26.0	Television ratings, downward spiral, fire rates, plummeting.
0:31.0	The time is now to turn the math around.
0:34.0	Let's fucking go.
0:39.0	And with that we are live everybody.
0:42.0	It is John Pollack and Brandon Thurston.
0:45.2	How are you Brandon? I'm fine. It was, I'm ready for a robust conversation about the T. K.O.
0:54.2	earnings call.
0:55.6	You know my favorite part of these calls are always to determine what is the
0:58.9	lingo and my question to you is I thought that we were going to go with
1:02.2	Endeavor Flywheel but I think yes I think though
1:05.9	the sleeper of this call was anecdote to churn an Anidote to churn. An anecdote about churn would be a story about how someone
1:17.7	canceled their subscription. Anidote would be the content of World Wrestling Entertainment or the ultimate fighting championship.
1:24.3	They have the solution to churn.
1:25.7	It is WWE and UFC programming that you can just, you can not get enough of.
1:30.1	So we got, we got a multiple news dropping yesterday as we got ready for the first
	...

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