Vince McMahon has conducted his conference call for the quarter three 2015 WWE business results. The big take-away is that WWE Network had an average of 1,173,000 paid subscribers during quarter three of 2015. That's down from the 1,216,000 average in Q2, but as of September 30 the number was at 1,233,000. The other big take-away is that WWE business on the whole is looking fine. There was strong earnings growth and WWE reported for the quarter "net income of $10.4 million, or $0.14 per share, compared to a net loss of $5.9 million, or $0.08 loss per share, in the third quarter last year." McMahon stated "there is strong earnings growth, realising greater value from content." So, for all the talk of "Raw ratings crisis", the business is actually in optimistic shape. The following is everything you need to know from Vince McMahon's conference call on the business.
10. Vince Puts Over NXT And Triple H
One of the things that Vince put over as a reason for the Network being a "success", is the NXT shows. "Those NXT shows do extremely well for us," he said, "it has turned into a brand in itself thanks to my son in law Paul Levesque," he stated. The reporting revealed that the NXT specials are some of the Network's most watched content, so clearly Vince is starting to be impressed and see the value of the yellow brand. However, don't get too carried away thinking the sky is the limit for NXT...
