Major Lack On Communication In WWE + More News


— Prior to reports surfacing online, there were said to be many within WWE who had no idea that Main Event would be airing live on the WWE Network each week. The lack of communication within the company caused many to find out the news by reading it online. There have been numerous other instances where WWE Superstars and Divas have been kept in the dark. Nearly all WWE talents still don’t know how they will be compensated for the WWE Network. This includes pay-per-view bonuses, royalties, etc.

— As noted earlier, WWE CFO George Barrios recently spoke to Business Week about the current negotiations the company is working on to establish a new cable television partner.

“We think we’ll be able to announce a new domestic rights partner at the end of April or beginning of May,” said Barrios.

He also noted that WWE is in negotiations with a number of different parties, but would not specify who they are.

Barrios spoke about the WWE stock rising this week, noting that the company is not in merger discussions, and that the stock is rising based on speculation about a boost in their cable rights fees, as well as the launch of the WWE Network.

Trending Stories