Taboo Tuesday Turning Into Disaster & WWE Financial

Keith Wilcutt

Thanks to Pwtorch Newsletter for the following:

* After the recent release of financial data, the WWE has seen a sharp drop in its stock price. One significant reason for the plunge is because both PPV revenue and TV ad revenue are down. The company has started to flex by cutting expenses, producing more PPV events, and going overseas more often for events and tours. These measures helped mask the domestic shortfall and lack of interest in the product.

* Taboo Tuesday numbers are in and it reportedly drew a dismal total of 174,000 buys. The WWE is justifying this abnormally low number by stating that it was due to going head-to-head with game 6 of the Yankees-Red Sox series.

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