According to Silvervision, WWE asked them to pull a number of DVD titles from their website including Hart and Soul: The Hart Family Anthology, The True Story of WrestleMania, Greatest Stars of the '90s, The Best of RAW 15th Anniversary and Raw The Beginning: The Best of Seasons 1 & 2.
The Pro Wrestling Rewind returned on 5-4-11 to the SNS Radio Network after a 3 week hiatus with "The Power" Andy Knowles and "The King of all Italy" Mike Siciliano. On the show Andy explained the reasons the show was on Hiatus, and jumped right into the news of the week including the WHC debacle that has most of the IWC incensed.After the break The boys opened the phone lines and talked with members of the SNS family before wrapping the show on this latest episode of the Rewind.
WWE held a conference call this morning to discuss their 2011 first quarter results, which were announced earlier today. Vince McMahon, WWE’s Investor Contact Michael Weitz, and WWE CFO George Barrios were present. McMahon started out discussing the “somewhat disappointing” quarter, noting that Wrestlemania was not factored in to this quarter as it was last year at this time. He said that the film division did better than this time last year but due to accounting, it reflected an impairment.
Vince said that PPV was “flat” this quarter compared to last year but television ratings, their new WWE direction and the success of Tough Enough thus far has shown their power.
Vince then there was a misunderstanding of what the new WWE is and went into detail in explaining how they wouldn’t depart from their current product but would use their expertise in television production, live event production and licensing to create new revenue prospects for the company with other acquisitions and projects.
George Barrios said that Wrestlemania was in the second quarter this year, as opposed to last year, where it was in the first quarter, so they dropped in comparison. He said that increased costs in film and live event costs cut into increased revenue from licensing and toys. He noted they had an impairment of several million dollars from WWE Films as well.
Barrios broke down some of the changes in the numbers. They explained the drop in the Elimination Chamber PPV buys being due to their TV partner in the UK broadcasting it as a live event for free, not a PPV event.
Their revenue from toys increased 86% from a year ago due to their partnering with Mattel. Videogame revenue was up over $2 million due to more “favorable” agreements with THQ. They noted that WWE All Star videogame sales are not reflected here but would be in the new quarter.