10 Wrestling Facts We Didn't Know Last Week (10 Nov)
6. WWE Use Disney As A Measuring Stick
The Big Lead recently reported that WWE's market cap currently sits at a massive $5.8 billion. In the same story, they quoted Stephanie McMahon's comments to CNBC’s Elizabeth Schulze at a recent Web Summit event in Lisbon. There, the WWE CBO (Chief Brand Officer) said Disney's work is something her company use as a blueprint for success.
To put the differences between wrestling's biggest and Walt's corporation into perspective, Disney's market cap is sitting at $172.7 billion.
Those numbers become even wilder when considering Steph's other statement. She said, without any hint of irony, that there's "no reason why WWE can't be as big or bigger than Disney". The timeframe for this, according to McMahon, is anywhere between 10-30 years.
In WWE, Disney is a bit of a measuring stick. The McMahon family have successfully turned their organisation into a money-making machine, but they're $166.9 billion off the ultimate goal: match, and possibly beat, one of the world's biggest media conglomerates.