Originally written on WZR Online  |  Last updated 10/18/14
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WWE has released their 2012 Annual Report ahead of the shareholders meeting on April 26th. Vince McMahon has a letter in the report where he reviewed the past year and looks ahead to this year, saying that the company is moving ahead with the WWE Network because there is “desire for more WWE content…With respect to a potential domestic WWE Network, given the size and passion of our fan base and given extensive fan research, we view the premium subscription model, whether through traditional or ‘over-the-top’ distribution, as the best approach to capitalize on our fans’s commitment to our brands.” McMahon predicts that earnings in 2013 will be flat compared to 2012 due to additional expense to prep the WWE Netowrk launch, but noted that the company believes they are “working to take advantage of signi?cant opportunities, which we believe outweigh our near-term challenges.” He also notes “several important areas” that the company will be investing in, including: * Building production ...
PLAYERS: Vince McMahonJohn Cena
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