Friday, August 03, 2007

RassleBits: WWE Ratings Update and more WWE News

----For those that will wonder, I am not going to cover the WWE on a regular basis. But, all four topics are things we have covered here on the site or on RasslePod.

----The Monday night Raw rating of 2.51 may have been caused by a glitch at Nielsen Media Research. It is being reported that Nielsen has contacted programmers (such as WWE), alerting them of the possible error. I should have a update posted asap. I wouldn't want to post something bad about the WWE. LOL

----Blaming the fall on 'The Condemned' movie, WWE reported just $9.7 million operating income compared to the $21.4 million in the prior year quarter. Earnings in the quarter were impacted by a $15.7 million charge related to the Steve Austin movie which tanked big time in the box office. Total revenues totaled $137.5 million as compared to $119.3 million in the prior year quarter. Net income was $7.0 million as compared to $14.7 million in the prior year quarter. I really feel sorry for Vince McMahon. He only brings in 7.0 million. Poor guy.


----In the quarter earnings report released today, it was revealed that WrestleMania 23 did a total of 1,188,000 buys which is a record for any WWE event on pay-per-view. Last year's WrestleMania pulled in a total of 958,000 which was the highest at that time. WrestleMania 23 is the only wrestling event to top the 1 million buys. Buys for the past five PPVs were updated with Wrestlemania at 1,188,000; Backlash at 194,000; Judgment Day at 242,000; One Night Stand at 186,000 and Vengeance at 243,000. They were slightly down because of the big Mania number. Not including Mania, they were down 20% in buys over the same period last year.

----A second Congressional panel, this time the House Commerce, Trade and Consumer Protection Subcommittee has sent a letter asking WWE for all information about its steroid testing, and said it was also considering holding hears later this year on the subject of pro wrestling and performance enhancing drugs. As I said - IT IS NOT GOING AWAY!!

credit: http://www.gerweck.net/ and http://www.wrestlingobserver.com/