WWE Shareholder Meeting Recap: WWE Network Update & More

Vince McMahon

WWE held a shareholders meeting on Friday to address company business matters heading into the post-WrestleMania season. The meeting, which typically runs 2-3 hours, didn’t even last an hour. Here are a few of the newsworthy highlights:

– Overall, Vince’s answers were short and to the point.

is still certain that the WWE Network will be a success when it launches.

– There is still no specific target date for the WWE Network.

– When asked about The Rock having his last match, Vince laughed it off and went to another question.

– Vince said WWE is pleased with WWE TV ratings and the extra hour of RAW.

– WWE CFO George Barrios spoke and said WWE will triple their revenue through the Network and monetizing their broad social media reach.

  • http://twitter.com/PennyUndead Roger Penland

    To be fair, he is up there in age, and more than likely suffering from some sort of mental disease. Be easy on him, Sescoops comment section. :P

    • fatneal

      sure he may not have as good a feel for what really drives the fans as he did 10 years…hmm on second thought i think he does they switched their main target audience so it works…but anyway vince is still doing a great job when you consider all sides of the business hes built for himself

  • http://www.youtube.com/ac1dchr15t ac1d

    I hope it plays old XFL games.

  • dae

    Vince is pleased with Raw ratings? He must be looking at different numbers than are being posted here? If your show loses in the third hour because people are turning it off, wouldn’t you be concerned that they’ll start turning it off for Idol or Monday Night Football or something else? I would be.

    • http://www.facebook.com/people/Randy-James-Crawford/100001407556559 Randy James Crawford

      Listen WWE has been around for over 20 years over 1000 episodes it’s never going away ok.

      • David Stephenson

        Don’t you mean Raw has been around for 20 years. The WWE has been around since 1952.

  • bayarea08

    I watch the first two hours of Raw religiously at 9pm pst, then I determine if the 3rd hour is worth it by build ups or suspense. Otherwise I check the results on sescoops. The third hour is cool, but no matter how big of a fan I am, I can’t stand PPV-like hours.