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August 4, 2011

Vince McMahon Conference Call Coverage


Vince McMahon hosted a conference call pertaining to the second quarter financial report that was released on August 4. The following are the highlights of the call.

-Michael Weitz, head of investor relations, kicked off the conference call by reading through some of the basics of the quarterly report and the legalities.

-Vince McMahon acknowledged that business was essentially flat if you exclude WrestleMania 27's impact. However, he said they are proud of that.

-Vince said they intend to roll out additional programming. He said they may roll out a one-hour show that would air prior to Monday Night Raw. He didn't make it sound like it was a done deal, though.

-A caller asked if the company would consider going private again or selling controlling interest. "No," Vince quickly responded.

-Vince said they have something of a new slant regarding their current creative. He and the other company officials touted success of the new talent initiative at various times.

-Barrios said he believes something will happen in the third or four quarter regarding programming such as WWE Superstars and NXT.

-Vince was asked about meeting with UFC president Dana White. He was asked whether he would consider partnering with UFC on a network. "Absolutely not," Vince said regarding the partnership. "There was a meeting, and quite frankly, it was more social than anything else."...More?

source: prowrestling.net


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