Here are details on Shane McMahon taking his YOU On Demand company public, courtesy of – According to an SEC filing, McMahon loaned his YOU On Demand company $3.0 million in May to cover expenses. – The company reported a net loss of $4.8 million in Q1-2012 and generated revenue of $2.0 million during the quarter. – YOU On Demand provides video on-demand services in China and is essentially in start-up mode. – McMahon noted the company went public on Nasdaq to “position the company correctly for growth.” –Read More

Posted On April 18, 2012By StaffIn News

WrestleMania Buyrate, Vladimir Kozlov Update, Smackdown News

- WWE announced this past week that WrestleMania did 1.3 million pay-per-view buys. It’s important to note that a more solid number of buys won’t be known until May/June when WWE releases their next SEC filing. Even then the exact number won’t be known because minor adjustments will be made over the course of the year. It’s almost impossible to get a final number for an event that just happened a few weeks ago. – Former WWE Superstar Vladimir Kozlov, now using the name Alexander Kozlov, will face Jerome LeRead More