WWE News & Notes from the 8/23 Observer

[Guest Salacious Crumb]

Actually the WWF is making money because WWF New York is gone and they've raised most of their prices recently. So really business isn't better they've just cut loss some money pits and gouged the fans more.

[teke184]

Actually the WWF is making money because WWF New York is gone and they've raised most of their prices recently.  So really business isn't better they've just cut loss some money pits and gouged the fans more.

Pretty much. They've been suffering since 2001 between WWF New York, the XFL, the failed music label, etc., so this is one of the few periods of time where they aren't taking a huge accounting hit for something.

 

 

OTOH, they're about to make another big mistake, as this new WWE Movies experiment has "disaster" written all over it.

 

The plan is to make low-cost movies but one of the first plans was a Trips vehicle that they commissioned writer/director John Milius (Conan the Barbarian) to cook up.

 

When you add that into the fact that they've never done a movie before, cost overruns on films with EXPERIENCED personnel and management are a serious problem, and there's no guarantee they can get distribution for it, it has a very ugly downside that is likely to happen.