Vince McMahon's Investor Conference Call
Posted by David Damage on Thursday, August 4, 2011
Under: News
During Thursday's WWE investor conference call, WWE Chairman and CEO
Vince McMahon spoke about The Rock's impact on the company's second
quarter financial results, namely WrestleMania 28, which generated over
$28 million in revenues.
McMahon announced that The Rock will be appearing at "multiple" pay-per-view events aside from WrestleMania 28.
The Rock announced last month that he'll be appearing at the 25th anniversary of Survivor Series in November to confront John Cena, who he will wrestle at WrestleMania 28.
McMahon mentioned that The Rock's involvement at Wrestlemania 28 have resulted in demand for WM28 travel packages being stronger than usual - selling out in just two days.
While there was talk of The Rock appearing at SummerSlam in some capacity, scheduling conflicts prevented that from happening.
WWE Chairman Vince McMahon ruled out speculation that he and UFC President Dana White are considering partnering on an upcoming television network.
"Absolutely not," said McMahon of the prospect of working with UFC to create some sort of combat sports network.
Throughout the call, WWE's executives maintained that plans for WWE's own television network, however, remain intact.
Prior to the question about the partnership, McMahon expressed no concern about rumors that UFC, too, wants to launch a network. He reiterated the line about the two organizations being in different businesses, before noting that the UFC apparently stumbled in a recent attempt to get its potential network gonig.
Regarding his much-reported meeting with White, McMahon said that there were no plans to partner with UFC in any meaningful way and that the encounter was "more of a social [meeting] than anything else."
McMahon announced that The Rock will be appearing at "multiple" pay-per-view events aside from WrestleMania 28.
The Rock announced last month that he'll be appearing at the 25th anniversary of Survivor Series in November to confront John Cena, who he will wrestle at WrestleMania 28.
McMahon mentioned that The Rock's involvement at Wrestlemania 28 have resulted in demand for WM28 travel packages being stronger than usual - selling out in just two days.
While there was talk of The Rock appearing at SummerSlam in some capacity, scheduling conflicts prevented that from happening.
WWE Chairman Vince McMahon ruled out speculation that he and UFC President Dana White are considering partnering on an upcoming television network.
"Absolutely not," said McMahon of the prospect of working with UFC to create some sort of combat sports network.
Throughout the call, WWE's executives maintained that plans for WWE's own television network, however, remain intact.
Prior to the question about the partnership, McMahon expressed no concern about rumors that UFC, too, wants to launch a network. He reiterated the line about the two organizations being in different businesses, before noting that the UFC apparently stumbled in a recent attempt to get its potential network gonig.
Regarding his much-reported meeting with White, McMahon said that there were no plans to partner with UFC in any meaningful way and that the encounter was "more of a social [meeting] than anything else."
In : News