"Transformative" WWE Network Changes Coming, NXT/AEW Ratings Result, Update On Injured WWE Star | Cultaholic Wrestling News 07/02/2020
Cultaholic Wrestling
Cultaholic
4.7 • 1K Ratings
🗓️ 7 February 2020
⏱️ 26 minutes
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| 0:00.0 | Some big plans for the |
| 0:02.0 | W.W.E. Network, Cody's Lashings lead to ratings. |
| 0:06.7 | And... |
| 0:07.7 | Every girl be more like Alexa Bliss. |
| 0:11.0 | For Friday, February the 7th, 2020, this is your cultaholic wrestling news. |
| 0:17.6 | So yesterday was the quarter four WWE conference call to investors. for a |
| 0:25.0 | W. W. W. W. W. W. W. big developments going. So yesterday was the |
| 0:35.0 | W. W. W. W.'s quarter fall call to investors. A lot of stuff came out of this. We're |
| 0:40.6 | going to take a deep dive into everything that was discussed right now. |
| 0:44.7 | So an increase in operating income was announced of 87% nearly at a hundred million dollars. This is due to an increase in the TV rights fees. |
| 0:57.0 | Obviously that big old deal with Fox for Smackdown is certainly helping that as well as is |
| 1:02.8 | NXT being on the USA network. Also the WWE network subscriptions have |
| 1:08.6 | suffered a drop once again. They're down 10% to 1.42 million. They're looking like an increase for the |
| 1:18.2 | next quarter though to 4-7. This is because it's WrestleMania season. |
| 1:23.2 | This is where you'll see a rise in network subscribers just in time |
| 1:29.4 | to get WrestleMania for $9.99. |
| 1:32.0 | We'll talk more on that a little bit later on. Some other highlights include |
| 1:36.8 | yearly revenue being at $960.4 million, which is a record for W. W.E. They made a lot of money this year. |
| 1:46.2 | Operating income was at $116.5 million. The live event revenue for the quarter increased to 27.4 million which is a great |
| 1:57.2 | result but down by 34.4 million based year on year. |
| 2:02.8 | Now, this isn't anything to panic about, |
| 2:05.0 | it's just because they didn't do a super show in Australia. |
... |
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