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POST Wrestling

WWE Q1 Earnings Report with Brandon Thurston | POST News 5/6

POST Wrestling

POST Wrestling

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

4.81.1K Ratings

🗓️ 6 May 2022

⏱️ 44 minutes

🧾️ Download transcript

Summary

John Pollock is joined by Brandon Thurston of Wrestlenomics to discuss WWE’s first-quarter earnings report, Nick Khan’s state of the streaming industry & more.


Live stream POST Daily News on YouTube, Facebook, and Twitter weekdays at 1pm ET. Get the audio podcast delivered straight to your device (along with other bonus podcasts) by supporting the show at http://postwrestlingcafe.com.

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Transcript

Click on a timestamp to play from that location

0:00.0

Hello, everybody. Welcome to the post daily news show for Friday, May the 6th. I am John

0:13.4

Pollock waiting off today, but we have a more than suitable replacement. Lots of stuff

0:18.6

to check out on the site before we get into all the WWE earnings fun. If you missed it,

0:24.0

we'll see you later from Thursday night for Post Wrestling Cafe members, a cavalcade

0:27.9

of stars, waiting, WH Park, Rich Fan from the Pro Wrestling Torch site and Nate Milton,

0:33.4

all getting together to chat the season finale of Moon Night. And then coming up this weekend,

0:38.3

we will let everyone know we will be live here on the channel right after UFC 274, right

0:43.0

after WrestleMania backlash. There is a lot going on this weekend, including the Miami

0:48.1

Grand Prix on Sunday afternoon as well. So very, very busy weekend. But never too busy

0:53.3

for this man who is joining us. It is our quarterly earnings chat with Brandon Thurston,

0:59.8

here at Post Wrestling. You can catch WrestleMania every Sunday, here on the site. And another record

1:06.1

breaking quarter, Brandon, and we can get right into things posting revenue of $33.4 million

1:13.4

and net income of just over $66 million. Kind of staggering figures that were just used to Brandon,

1:20.9

but to put into perspective, like the peak of the attitude era, like 99, 2000. You're almost

1:27.4

at this level that they're doing in one quarter of what the business was at the peak of many

1:32.9

people's lifetime for WWE up business. And that's what we're talking about for a quarter now.

1:38.2

Yeah, no formula one talk, by the way. It did not come up. I thought it was so close when

1:43.5

he was just there on the Netflix. I thought with a drive to survive getting renewed. I was like,

1:48.5

okay, he talks about it in the past, though. Yes. But yeah, if you compare it to the attitude

1:53.9

era, which everyone thinks of, rightly so, as the most popular era in this company's history,

2:00.2

this is a much more profitable time today than then, even though it's considerably less popular

2:06.9

today. And that's even adjusted for inflation, but that's just the nature of this very different

...

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