The following are highlights of a new blog by WWE Hall Of Famer Jim Ross:
On WWE’s new TV deal and the following stock
decline: “Many financial outlets writing gloom and doom for WWE
after the announcement of WWE’s new rights fees deal with NBC/Universal which
essentially keeps WWE on USA and SyFy for the next few years. The new rights fee
was less than expected/predicted but I can certainly see light at the end of the
tunnel. The key driver is to earn more fans and develop regular consumers of
their core product. How is that done? No mystery…develop new, hot stars that
are embroiled in reality based, personal issue storylines on a consistent that
all fans can emotionally invest in while watching easy to follow TV broadcasts.
That process takes time, the right talents, plausible creative, and keeping the
process simple but stimulating. For the long haul and as the stock continues to
descend likely for the next few days, I’m thinking that for many investors that
the WWE stock is a viable consideration to invest in and that’s if one is a long
term investor. I’m no stock analyst but I do think that the stock will rebound
in time without question. I also assume that the entire WWE/NBC/Universal
package and business deal is still under wraps and more news will be announced
in the near future but let me stress this is merely my speculation and not based
on any inside info whatsoever.”
On a potential live SmackDown: “Personally I
think that Smackdown is best aired live on Tuesday night which fits the WWE
production model because live TV, to me, is a better watch than a taped program
that is talked to death all week online and via various social media
outlets.”
On what comes from the deal and stock drop:
“I experienced, while with WWE, some trying times in the mid 90’s that were far
more challenging than today’s marketplace for WWE so I’m more interested to see
who rolls up their sleeves and works smarter and harder in making the brand
better over the long haul. As always, the key to the genre is talent and
television. Recruiting and training great, young talents plus producing
consistent, episodically viable, weekly TV will always be the key. “
On the WWE Network: “The WWE Network is
still a great value and an investment that I am happy that I made so I can get
my wresting fix whenever I choose at an affordable price.”
On Legends House rumors and Tough Enough:
“Because I have been asked this often, I’d like to address this matter one last
time. I am not a candidate to be included in the WWE Legend’s House if they do a
second season. I have not been asked by WWE nor do I have any interest in doing
the 6 week or so project. I’m too busy with a variety of other projects to
invest the time. I would be interested in being involved in Tough Enough as I
love spending time with the young prospects who simply want to live their dreams
just as I was able to do.”
You can read Jim’s full blog by clicking
here
