WWE’s 1st quarter financial report came out today and they had a lot of explaining to do. The company is certainly headed toward an interesting change and it might not be the best.
The company’s stock plummeted when the report came out. Things were not looking good for a bit, but there is hope that WWE will rebound especially with the upcoming Fox television deal.
During the WWE financial call, George Barrios gave a pretty big hint that the company is expecting to stretch their programming by one hour. This certainly seemed to add fuel to the fires that are churning concerning adding another hour to SmackDown Live as Tony Maglio reported.
When asked re: potential third hour of #SDLive on @FoxTV, George Barrios said WWE plans to keep “monetizing — in some way, shape of form — six hours of content.”
OK, so we know #RAW is three…
We will have to wait and see, but WWE really wants to monetize as much of their product as they can. This includes television and they would love to be able to add another hour to that programming.