Are WWE and Cable TV Sustainable?
Meanwhile, WWE is burning cash at an alarming rate. The promotion reported a negative free cash flow -$10.08 million, a financing cash flow of $-11.57 million, and an investing cash flow of -$9.87.
Read MoreIn individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Meanwhile, WWE is burning cash at an alarming rate. The promotion reported a negative free cash flow -$10.08 million, a financing cash flow of $-11.57 million, and an investing cash flow of -$9.87.
Read MoreStrangely, Epic Games’ Battle Royale Shooter game sensation Fortnite could be partially responsible for WWE’s ratings woes.
Read MoreInvestors need to pay attention to Matt Hardy, because his success might be repeated by any performer using open sourced media to totally disrupt the business. This professional wrestler from North Carolina might be showing us the future of entertainment.
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