Honestly, I think going public was one of the worst things WWE ever did. Although Vince retains majority voting and therefore complete control over the company, he still plays up to the stockholders first and foremost because if the stock price lowers, he loses his "billionaire" status. Sigh.
No, actually, it's not. It allows Vince more access to more corporate capital, which is the reason why they went public in the first place. Vince doesn't have to "please" shareholders (ahem, investors), he just needs to make money for them. They lend him capital, he gives them profit. Win/Win.
Without their corporate status, they wouldn't be the phenomenon they are today. They'd still be like TNA, a small company trying to keep up with the top dog (WWE). Going public means more access to a larger pool of investors. Vince doesn't even need to worry about going out of cash on the next day - because it's there by the end of the quarter. The profit is used to pay employees, travel, and whatnot.
Look, it's not that bad. WWE is just complacent, and they need a kick in the ass, pants, or whatever.
3rd hour is not the problem. Storylines just need to be better. The staff are just bored with the story, and has no inspiration for the stories they write. They need some kind of fire. Like "Let's make Aces and Eight happen on WWE!"
[Just finished reading the third page...] You even reflect my comment here:
I'm not sure where you get your information but WWE is actually doing pretty good at the moment. Their operating income (which is revenue minus operating expenses) for the last quarter was at an all time high of $33.3 million with an operating income before depreciation and amortization of $40 million, also an all time high. So their profit is actually pretty good at the moment. The network averaged 1.5 million paid subscribers. When the financials for the third quarter in 2017 were given, the stock price was at $21. Since then, it has risen to $30, also an all time igh. These are all positives for WWE.
It would make little sense for advertisers to drop a consistent ratings generator like WWE Raw and move their advertising to other shows on basic cable. It is consistently one of the highest rated shows on cable...so why would you assume the advertisers would go somewhere else?
Not really, I am just looking at it rationally. If you are going to advertise on cable, then why would an advertiser leave a show that has been number one on cable for the majority of its existence and even though it's not anymore, still rates consistently as one of the highest on cable? Even losing more than half of its audience from its peak, it's still a cable ratings winner.
It's still getting viewers. It doesn't matter if "WWE Raw isn't doing well." That's why advertisers still pay them. When the show peaks again (and
it will eventually), that just means that advertisers would have to
pay more. So, right now, advertisers are content (comfortable) with paying WWE in normal numbers. It's the same as a website; when your traffic is spiking, advertisers fight for your ad space. I just did that last month with a Call of Duty community. Got paid.