DEAR OH DEAR>It appears that ESPN's agreement with WWE may not be yielding the expected financial returns.>The Wrestlepalooza event reportedly attracted only 100,000 to 125,000 new subscribers, which is considered a disappointing outcome.>“If every month’s like this, it’s worth $35M a year. They’re spending $325M for $35M in return.”>That’s why these deals lose money — banking on 50M subs someday.(via WOR)https://x.com/TheCovalentTV/status/1981022970161054003
>>19114518>via WORLmaooooo
>>19114518Funny how all these """"news'"""" sites just use quotes from Meltzer speculation as facts.
>>19114518>via WOR
>>19114518What did they expect? People to pay TWICE for the same fucking channels if they have cable/Dish just to watch crowd singalongs and football chants? Didn't help it happened same time they tried to fuck Jimmy Kimmel over cos the KirkCult pissed their pants.
>>19114518>via wor
>>19114541it's all retarded bullshit too. yeah dave im sure espn overestimated wwe's pull by a factor of 10
>via wor
>(via WOR)
>They’re spending $325M for $35M in returnNo, just like AEW, they can lose money for years with hope of leading to long term profit. ESPN is building their streaming brand with hopes of all sports and sports entertainment fans in the future viewing it as an every day necessary part of their lives. Some platforms will do 3 months free trials for the same type of reason.
>>19114583Meltzer knows this. Clickbaiters just aren't giving the full context of his comments.>In the short-term, ESPN is expected to lose a lot of money, but Meltzer says that down the road, they could be in good shape, “That’s why these companies are losing lots of money on this type of stuff—with the idea that down the road, when we get 50 million subscribers paying 30 bucks, we’ll be able to afford all this.”
>>19114518>this comes out the day wbd goes on saleman dave really is jewish
>>19114558Yeah, I would love to see WWE fall flat on its fucking face after all the shit they're pulling but who reads this shit and logically doesn't think this is retarded? There's no way they thought they'd get over 10x the amount of subs. Literally no chance. I didn't even look at the source and immediately thought this was retarded. Makes sense it's from Meltzer though.
>>19114548Turns out people get upset when you go on TV and lie about the details of an assassination
>via WOR
>>19114620And ESPN doesn't even necessarily want you to subscribe for $30, because their goal is for it to be available in every cable package that includes ESPN. It also serves to add value to your cable package and makes it less likely you'll cancel, thus keeping the money coming in.
>>19114518yikes
>>19114518WELLWELLWELL
>>19114518KEK
>>19114518>100k droney subs>every AEW outperformed SlopapaloozaLMFAOOOOOOOOOOOOO
dire
>>19114518VinceCHADS we won!
>>19114518Dave is retarded and doesn't understand streaming revenue/retention and the idea of 'value added'. Not saying getting WWE was a good idea financially but Dave is disingenuous when he suggests the move is a failure solely on new subscriptions. If that was the case basically everything any streaming service ever acquired was a terrible financial decision.
alarming
very bad
grim
>>19114518dear oh dear oh deary me
>>19114518Kwab
>>19114518Many are saying this
>>19114518>cancelled off 109 platformsWWE are truly the Jews of the wrestling world
>>19114518Yikes
>>19114518This was the jump the shark moment I refuse to be a pay pig for wwe after already having peacock netflix cw and usa, fuck them for trying to gouge me for another $40 a month, seriously fuck them for that