Shareholders meeting

[The Rated R CMStar]

The 2009 WWE Annual Shareholders Meeting was held this morning (May 1st). Here are some of the newsworthy items from the meeting:

* Kevin Dunn missed the meeting due to an illness & may have been hospitalized.

* Vince McMahon said that he is not interested in running an MMA promotion.

* Vince McMahon said that WWE is looking into creating a Wednesday night TV program. He feels that it would not be overexposure due to the huge number of TV stations available & that being on TV every weeknight would make it easier for the fans to follow along with the storylines or catch up if they miss any of the TV shows.

* A shareholder requested the creation of a WWE affinity program. Vince McMahon agreed to look into possibly doing that.

* Donna Goldsmith said that WWE has major marketing plans for Summerslam 2009, including a huge party leading into the event. Vince McMahon predicted that Summerslam 2009 will sell out.

* Donna Goldsmith said that WWE has upcoming meetings with the USA Network & CNN regarding marketing.

* Vince McMahon said that Playboy wanted to work with WWE again this year, but Vince turned down the offer because of WWE's new "PG environment".

* Vince McMahon announced that WWE has signed a deal with Pepsi.

* Vince McMahon said that WWE was planning a tour of China, but ran into some problems. He feels that China will be a big part of WWE's future.

* Vince McMahon said that WWE is considering canceling it's tour of Mexico in late May due to the swine flu outbreak. He also announced a Mexican tour for October of 2009.

* Vince McMahon partially blamed the decline of pay-per-view buys on more fans choosing to watch pay-per-views with each other rather than individually ordering the pay-per-views.

* A shareholder asked if "Mr. McMahon" could be the person who ends the Undertaker's Wrestlemania undefeated streak. Vince McMahon said that him ending the streak would probably anger a lot of people, so it's unlikely to happen.

* Vince McMahon said that both him & his wife will be participating in all of the upcoming earnings conference calls.

* Vince McMahon said that him appearing in a movie would be a bad idea due to his lack of patience & time.

* Vince McMahon said that holding Wrestlemania overseas would be difficult because it would have to air live in North America. He mentioned that Summerslam 1992 from London, England aired in North America on a tape delay & it ended up being a bad business decision.

The entire meeting can be viewed online at: http://wwevideowm.fplive.net/wwevideo/wmv/adhoc/corporate/200905/shareholders2009_750.wmv

Source: PWInsider.com


Finally we will see the long awaited CM Punk merchandise exploiting his Pepsi tatoo :shifty:

 

[Kizza]

The low PPV buys could also be attributed to the fact that alot of cards don't look that appealing.

 

[-TJ-]

^Ahhhhhhh There's the real reason.

 

[MikeRaw]

^Bullshit. Take a look back at the PPV cards from 2002-2003, when there was onyl 1 main event level match per card, and about 6 undercard matches. Compare that to now. The PPV quality overall is 10 times better now than 5 years ago.
Also, do we need another TV show? Fuck no. He just brought in Superstars, now that's enough. It wouldn't make it easier to follow along. I'd make it harder, because not many people watch 5 wrestling shows a week. Less shows = easier to follow.

 

[Kizza]

^Bullshit. Take a look back at the PPV cards from 2002-2003, when there was onyl 1 main event level match per card, and about 6 undercard matches. Compare that to now. The PPV quality overall is 10 times better now than 5 years ago.
Also, do we need another TV show? Fuck no. He just brought in Superstars, now that's enough. It wouldn't make it easier to follow along. I'd make it harder, because not many people watch 5 wrestling shows a week. Less shows = easier to follow.

Oh, that's obviously not the only reason. I'm just saying it could attribute to it. Also, being outrageously highly priced and the option of downloading are more reasons the buys are taking a hit.

 

[MikeRaw]

^That's a better reason. I remember in 2005, I paid 29.99 for a PPV, and 35.99 for Wrestlemania. Now, it's 39.99 for a PPV, and 49.99 for Wrestlemania or Summerslam no:

 

[CT Styles]

It's $30 here which is basically the same as a DVD so I simply just record it on DVD. The cards probably do look more appealing now, however, I think that's because of the name-power on them. A lot of the matches imo, are mediocre.

 

[the hibee wwe fan]

Its £14.50 here for a big pay per view, which is roughly $30 . As for the Wednesday night thing I think it will be something with WCW as Vince contacted Bischoff about a Rise and Fall DVD of WCW,

 

[phantomgerald]

I think Vince's a smart guy. Say all you want about his ego, but that WM part with UNdertaker shows he's business first, ego later.