In individuals, insanity is rare; but in groups, parties, nations and epochs, it is the rule. Friedrich Nietzsche
Musk is between a rock and a hard place here, he needs federal backing for some of his activities; particularly SpaceX. Yet the primary buyers of his cars are wealthy liberals who loathe Donald. J. Trump. Musk may have to make some tough decisions to preserve his companies in the age of Trump.
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Investors 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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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.
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The world’s largest online retailer is trying to buy the streaming video rights to a wide variety of sporting events, Bloomberg Technology reported. The idea is apparently to add some live sports; or reruns of sporting events, to Amazon Prime and provide some popular content that Netflix (NASDAQ: NFLX) lacks.
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Revenues at Vince McMahon’s wrestling empire grew to their highest level yet in Second Quarter 2016; rising from $653.69 million to $702.50 million. That made for a revenue gain of $48.81 million which is very impressive. The growth has been ongoing since McMahon launched his WWE network in February 2014.
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The model is simple, and it could work for other networks. One network it could work well for is AMC Networks (NASDAQ: AMCX), which has a library of several popular shows with large cult followings: Mad Men, Breaking Bad, and The Walking Dead.
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