Can the WWE still make money?
Thus, many people will consider WWE a dinosaur. To explain, World Wrestling Entertainment (WWE) is a holdover from an earlier era of entertainment that has survived into the modern age.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Thus, many people will consider WWE a dinosaur. To explain, World Wrestling Entertainment (WWE) is a holdover from an earlier era of entertainment that has survived into the modern age.
Read MoreStrangely, Epic Games’ Battle Royale Shooter game sensation Fortnite could be partially responsible for WWE’s ratings woes.
Read MoreAll In demonstrates that YouTube is a more powerful media than cable TV.
Moreover, Alphabet (NASDAQ: GOOG) is responsible for All In’s success. All In demonstrates that YouTube is a more powerful media than cable TV. Being the Elite and all the video of New Japan, Ring of Honor, and other shows on YouTube made All In possible.
Therefore, WWE’s focus on cable TV and Facebook (NASDAQ: FB) video is probably a waste of time of and money. A smart move for WWE would be to cancel Miz & Mrs. and spend the money saved on hundreds of YouTube videos.
So yes you can make a little money from WWE stock. If you’re a wrestling fan and you’re looking for a dividend, WWE stock is not a bad investment. For everybody else there are other stocks with better dividends out there. At the end of the day, WWE is a decent investment and an impressive company because it is making some money in a business where other better financed organizations are not.
Read More