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Posted On 05/16/2014 By In News With 2 Views

Forbes On How Much Money WWE & Vince Lost Today, WWE To Address Shareholders

Forbes published an article today noting that Vince McMahon lost $340 million today with the WWE stock price drop.

WWE issued the following release announcing that they will address stockholders this Monday:

WWE® to Host Business Outlook Conference Call

STAMFORD, Conn., May 16, 2014 (BUSINESS WIRE) — WWE announced that it will host a conference call on Monday, May 19, 2014 to discuss the Company’s 2014 and 2015 Business Outlook. The Company’s Chairman & CEO, Vincent K. McMahon, and the Company’s Chief Strategy & Financial Officer, George Barrios, will host the conference call beginning at 11:00 a.m. ET.

All interested parties are welcome to listen to a live web cast that will be hosted through the Company’s web site at corporate.wwe.com . Participants can access the conference call by dialing 1-888-424-8151 or 1-847-585-4422 using the passcode: 7849998. Please reserve a line 15 minutes prior to the start time of the conference call.

The Company’s Business Outlook release to be referenced during the call is available at ir.corporate.wwe.com. A replay of the call will be available after the conference call concludes, and can be accessed on the Company’s web site.

  • Melissa

    So maybe ending the Streak was not best for business after all.

  • Yoyo

    WOW. Is there any chance they drop this network after a year?

    • Jared Mosher

      what’s wrong with the network? The network is not failing, it is right in line with what was expected and they are still on track and expect to reach 1 million people by the end of the year from what I’ve seen and that’s just in the USA. The stock drop is because investors were expecting a much better television deal than what they actually got, and everybody freaked out, even though they increased their rights fees. I’m interested to see what happens after this investor conference.

      • Yoyo

        Nothing wrong with the network.. just that all current providers (tv and ppv companies) aren’t happy about it and will no longer pay as much to have wwe.