Showing posts with label financial. Show all posts
Showing posts with label financial. Show all posts

Tuesday, February 10, 2009

The Future of SmackDown



With the current economic crisis affected the global economic market, no one is safe.

This even includes TV stations, as MyNetworkTV, the company that broadcasts SmackDown to the US Market, is under financial pressure.


WWE RESPONDS


WWE.com was quick to reply to the claims that MyNetworkTV was no longer going to broadcast new episodes of TV-Shows, but instead were going to host re-runs to famous shows, including Law and Order.

Luckily, for the wrestling world, SmackDown is not affected.

The following was taken from WWE.com

"STAMFORD, CT – February 9, 2009 – In light of today’s announcement by MyNetworkTV, World Wrestling Entertainment® officials are certain that SmackDown has a bright future.

WWE SmackDown, airing on Friday nights at 8:00/7:00 PM Central on MyNetworkTV, is the number one program on Friday nights on all broadcast television for males under the age of 50, including the key advertiser demos, M12-17 and M18-34.

WWE SmackDown will enter its 10th consecutive year this Fall, attesting to the popularity and longevity of the brand.

Additional information on World Wrestling Entertainment Inc (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/."



FINAL THOUGHT


Glad to see the SmackDown is not being affected by MyNetworkTV's drastic economic changes.

Which, in turn, makes us able to continue to watch SmackDown on Fox8

Thursday, January 22, 2009

WWE Shuts Down Asia Pacific Division



As the WWE budget cut continues, the company has decided to completely shut down their Asia Pacific division.


NO WWE AUSTRALIA

Prior to the economy going sour, WWE had started a global expansion campaign that saw the opening of offices in various countries around the world.

One of the branches that they decided to open was in Sydney, Australia.

At the time, the move made a lot of sense because WWE was having major success when they toured the Land Down Under.

Unfortunately, though, with finances being an issue, WWE has decided to shut down the office in Sydney, Australia. Every person that worked in that office has been released from the company.


FINAL THOUGHT

Damn! I would have really liked to have seen a WWE HQ in Australia.

It would have opened up more scenarios and situations involving the WWE, most notably would be more Live Shows in Australia.

So, Here's to a WWE Australian Live show every 4 years