Sunday, August 5, 2007

WWE Business Issues


The Montgomery Advertiser has a recent article which basically recaps the injuries and problems that have struck the WWE since Triple H became injured in January, then Undertaker, Michaels, Edge and Lashley went down. It includes the info about Jeff Hardy being reported as injured, then suspended and how he will most likely not be a part of Summerslam. It also discusses the impact the Vince limo explosion and then the Benoit tragedy had which is probably why ratings are down lately. While the article doesn't have anything much that most WWE fans didn't know about, its a good timeline of the problems that have struck the WWE this year.

Read the full Montgomery Advertiser article here.

The Motley Fool, a site about business news, stocks and other investments has a new article up about WWE as an investment. The article talks about whether WWE can ever heal from its recent problems and profit freefall. They discuss the impact of three "failed movie attempts" in "The Marine", "See No Evil" and "The Condemned" as well as the Benoit tragedy and its impact on the business. The article goes on to say it believes WWE makes for a good long term investment as a stock, once it steers through the recent troubles. They believe WWE can survive the steroid accusations and problems resulting from the Benoit tragedy in the short term. As for the film production division of WWE, it says "If Vince McMahon wants to be in a business dominated by studios like Viacom (NYSE: VIA) and Sony (NYSE: SNE), he'll have to step up his game."

Read the Motley Fool's article here.

Finally Chicago Sun-Times had this short article about WWE, its injuries and ratings problems:

"IT STARTED WITH Triple H tearing his quadriceps in January. Then The Undertaker tore his biceps in May. On top of those losses, there have been injuries to Shawn Michaels and Edge, the inexplicable situation with Chris Benoit and stars such as Rey Mysterio and Mark Henry continuing to sit out. Believe it or not, things got worse for WWE last week, as Bobby Lashley suffered a serious shoulder injury and required surgery; he could be out up to six months. As the saying goes, the show must go on. On Monday, company chairman Vince McMahon will make his return to ''Raw.'' Look for him to open the show in a bid to change the course of WWE immediately.

AROUND THE RING: ''Raw'' isn't the only show having ratings trouble, as ECW continues to drop close to the sub-1.0 level. In fact, TNA's ''iMPACT'' is very close to taking over as the third-most-watched wrestling show on TV."

Note: The Chicago Sun-Time article mis-states that Mark Henry has been sitting out. Henry has been wrestling on Smackdown for several weeks now and is beating virtually unknown opponents in under just a few minutes.

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