Kevin Chupka of Yahoo Finance is featuring an article providing three examples as to why the “WWE is doomed” going forward. Chupka sites the using of aging talent like Hulk Hogan, injuries on the roster and the future of the company beyond Vince McMahon.
“They key to renewed success, Sozzi thinks, is getting live attendance and ticket sales back. That of course means McMahon staying sharp and solving the injury problem. Perhaps then subscriptions to the network would grow organically and aging talent would be less of a problem. For the time being at least, investors don’t seem to care. A million subs is a million subs and the stock moved higher accordingly.”
You can check out the full article at the link below.