Why WWE is a Good Investor Buy Despite Decreasing Event Attendance
Following the WWE brand extension, live event attendance has seen a noticeable drop, and GoSanAngelo.com has published a new article regarding WWE’s recent event in San Angelo, TX which drew 2,500 fans. The report noted that the event, which took place in August, was down in attendance from the previous event held in the same venue.
However, despite attendance drops following the brand extension, Seeking Alpha has published a new article noting WWE is a good buy for investors as live event revenue should increase because the company is now running more events having dual brands. The report also points towards more “special events”, like two brand only PPV’s per month as opposed to only one PPV event per month, and WWE Network being one of the company’s three primary revenue sources.
Austin Aries & Mystery Partner, CWC Stars Added to Dusty Classic
WWE has announced that Austin Aries and a mystery partner has been added to the Dusty Rhodes Tag Team Classic. WWE has also added Lince Dorado & Prince Mustafa Ali to the tournament, which will feature the following teams:
-Andrade “Cien” Almas & Cedric Alexander
-NXT Tag Team Champions The Revival
-Johnny Gargano & Tommaso Ciampa
-Bobby Roode & Tye Dillinger
-Tino Sabbatelli & Riddick Moss
-Hideo Itami & Kota Ibushi
-The Bollywood Boyz
-Niko Bogojevic & Tucker Knight
-The Authors of Pain
-Lince Dorado & Prince Mustafa Ali
-Austin Aries & a mystery partner