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WWE Raw raised eyebrows thanks to its controversial decision to host Crown Jewel despite widespread pressure to cancel the film. issue, which resulted in a myriad of problems that could negatively affect the company in the long run.
Credit: WWE.com Credit: WWE.com
In recent weeks, the image of the WWE suffered a number of critical hits, coinciding with falling stock prices after they skyrocketed.The most obvious reason for the fall in WWE stock prices may be that the company's debatable decision to continue the event with Crown Jewel (although US senators urged him not to Kevin Cavanagh, of Alpha, pointed out that the sudden pessimistic perspective regarding the WWE stock price and its financial future immediate result was A series of disappointments predicted by Dan Victor on the site earlier this month:
His central thesis [Victor’s] was that performance indicators such as slowing engagement in social media, televised ratings and lukewarm presence of live events foreshadowed weak signs of weakness. Although social media engagement does not concern me, its last two points are certainly worrying after reviewing the results of 3Q 2018. Respond to these concerns, add poor merchandise sales, and add a reaction to publication. about the relationship with Saudi Arabia and, suddenly, a stock containing only good news a few months ago (for example, television contracts, Ronda Rousey, International Expansion) shifted to a stock containing only the bad news described.
Indeed, Crown Jewel has been more than a public relations nightmare for the WWE. It has angered fans and critics to be a morally and morally questionable event. Many have outright beat the WWE for the move while the general feeling is that at least, holding the series is a very obvious case of bad taste and bad timing. However, WWE issued the following statement on its decision:
WWE has been active in the Middle East for nearly 20 years and has developed a large and dedicated fan base. Given the heinous crime committed at the Saudi Arabian consulate in Istanbul, the company faced a very difficult decision regarding its event scheduled for Nov. 2 in Riyadh. Similar to other US companies considering continuing operations in Saudi Arabia, the Company has decided to meet its contractual obligations to the General Sports Authority and to organize the event. The year 2018 is guided by the planned organization of the Riyadh event as planned.
Stephanie McMahon doubled this claim, stating that Sky News (h / t WrestlingInc) was an "incredibly difficult decision". but "a deal" in the soul:
Going ahead with Crown Jewel in Saudi Arabia was an incredibly difficult decision, considering this heinous act. But at the end of the day, this is a business decision and, like many other American companies, we decided to go ahead with the event and offer Crown Jewel to all of our fans. Saudi Arabia and the world.
Despite the fact that the majority of WWE members have expressed a desire not to turn to Crown Jewel and John Cena refuses to work on the series, WWE continues anyway, and this controversial decision has had a butterfly effect that contributed to the ruin of WWE programming, especially on Raw. Forget all the problems faced by the WWE's creative team, which are minimal compared to the long-term consequences of sending WWE to Saudi Arabia, despite overwhelming pressure for the Abandonment of these projects. Crown Jewel will mark the return of Shawn Michaels in the ring, which has elicited a mixed reaction from supporters and even society, fueling the problem of the unnecessary glut of part-timers to a when the main formation of the WWE never
Money would be the factor that motivated Michael to come out of retirement, after eight years of resistance, and the same motive that guided the controversial journey of WWE in Saudi Arabia.
Among the 10-year deal between WWE and the country, Crown Jewel will not only lead to the return of "The Heartbreak Kid" in the ring, but has also resulted in a mbadive seven-figure deal allowing Brock Lesnar's coming back, which highlights the company's obsession with relying heavily on part-time acts. The influx of Michaels, Lesnar, The Undertaker and Triple H, not forgetting Kane and even Kurt Angle, has exacerbated all the long-standing problems that WWE's inability to create new stars has spawned: the demotion of stars to full time, predictable storytelling, etc.
The number of gross viewers reached a record level during this period, illustrating why quality always prevails over quantity. WWE can attract as many part-time workers as it wants, but if the quality of their quarrels is not what it should be, fans will not care, no matter what the stars do. in their career. In addition, WWE's attention to Crown Jewel has undoubtedly delayed the supposed evolution of the company at a time when the movement to present its superstars as women equal to their male counterparts should be at its peak .
The way the WWE neglected evolution, a historic show that featured a number of fantastic matches (including perhaps the best female match in the WWE to date in Charlotte Flair vs. Becky Lynch ), in the last two or three months was really a microcosm of everything that went wrong at WWE, especially at Raw Brand. Yes, WWE has spent too much time focusing on some of Raw's biggest stars, but the WWE's reliance on part-time employees as a result of its interest in Crown Jewel has been the real culprit behind an abandoned median card and a battered female division. .
The WWE knew that Evolution would not be the huge owner of the Crown Jewel money (probably about $ 50 million), which proves that a considerable lack of effort is needed to create truly compelling scenarios for the very first salary of women in society. -perspective, despite the fact that pay-per-view television generates a lot of time from the ring. Fans have also been able to see through, noting that WWE's concern over his show in Saudi Arabia that should not have occurred has taken precedence over the rest of society, particularly in Raw.
Once again, Raw has charged some of it. -timers. Unsurprisingly, the team division, women's division and midcard collapsed. Popular stars like Finn Balor and Bayley have once again been put on the back burner, and for once, we can not blame Roman Reigns' baby-face thrust.
Want to put the blame somewhere? Do it on Crown Jewel and the domino effect resulting from WWE's commitment to the show, which left a veil of controversy over the WWE and that resulted in a fall in stock prices and prices. not so optimistic financial outlook for a business up sharply just a few months ago.
Blake Oestriecher is a primary school teacher the day and sports writer at night. He contributed to @ForbesSports where he mainly covers the WWE. You can follow him on Twitter @BOestriecher .
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WWE Raw shook thanks to its controversial decision to host Crown Jewel despite widespread pressure to cancel the show, which resulted in a host of problems that could hurt long term to the business
Credit: WWE.com Credit: WWE.com
In recent weeks, the image of the WWE has been hit several times. The most obvious reason for the fall in the WWE price is perhaps the most obvious reason why the stock price has fallen, that is that the company's dubious decision of go ahead with the Crown Jewel event (although US Senators have urged the general feeling that continuing with the event is a bad idea) has not gone well satisfied investors or fans.Search Kevin Cavanagh of Alpha pointed out The financial future stems from a series of disappointments predicted by Dan Victor on the site earlier this month:
His main thesis [Victor’s] was that performance indicators such as slowing engagement in social media, ratings of TV watching and attendance at live events suggested emerging signs of weakness. Although social media engagement does not concern me, its last two points are certainly worrying after reviewing the results of 3Q 2018. Respond to these concerns, add poor merchandise sales, and add a reaction to publication. about the relationship with Saudi Arabia and, suddenly, a stock containing only good news a few months ago (for example, television contracts, Ronda Rousey, International Expansion) shifted to a stock containing only the bad news described.
Indeed, Crown Jewel has been more than a PR nightmare for the WWE. It has angered fans and critics to be a morally and morally questionable event. Many have outright beat the WWE for the move while the general feeling is that at least, holding the series is a very obvious case of bad taste and bad timing. However, WWE issued the following statement on its decision:
WWE has been active in the Middle East for nearly 20 years and has developed a large and dedicated fan base. Given the heinous crime committed at the Saudi Arabian consulate in Istanbul, the company faced a very difficult decision regarding its event scheduled for Nov. 2 in Riyadh. Similar to other US companies considering continuing operations in Saudi Arabia, the Company has decided to meet its contractual obligations to the General Sports Authority and to organize the event. The year 2018 is guided by the planned organization of the Riyadh event as planned.
Stephanie McMahon doubled this statement by explaining to Sky News (h / t WrestlingInc) that it was an "incredibly difficult decision". but "a deal" in the soul:
Going ahead with Crown Jewel in Saudi Arabia was an incredibly difficult decision, considering this heinous act. But at the end of the day, this is a business decision and, like many other American companies, we decided to go ahead with the event and offer Crown Jewel to all of our fans. Saudi Arabia and the world.
Despite the fact that the majority of WWE members have expressed a desire not to turn to Crown Jewel and John Cena refuses to work on the series, WWE continues anyway, and this controversial decision has had a butterfly effect that contributed to the ruin of WWE programming, especially on Raw. Forget all the problems faced by the WWE's creative team, which are minimal compared to the long-term consequences of sending WWE to Saudi Arabia, despite overwhelming pressure for the Abandonment of these projects. Crown Jewel will mark the return of Shawn Michaels in the ring, which has elicited a mixed reaction from supporters and even society, fueling the problem of the unnecessary glut of part-timers to a when the main formation of the WWE never
Money would be the factor that motivated Michael to come out of retirement, after eight years of resistance, and the same motive that guided the controversial journey of WWE in Saudi Arabia.
Among the 10-year deal between WWE and the country, Crown Jewel will not only lead to the return of "The Heartbreak Kid" in the ring, but has also resulted in a mbadive seven-figure deal allowing Brock Lesnar's coming back, which highlights the company's obsession with relying heavily on part-time acts. The influx of Michaels, Lesnar, The Undertaker and Triple H, not forgetting Kane and even Kurt Angle, has exacerbated all the long-standing problems that WWE's inability to create new stars has spawned: the demotion of stars to full time, predictable storytelling, etc.
The number of viewers reached an all-time high over this period, illustrating why quality always prevails over quantity. WWE can attract as many part-time workers as it wants, but if the quality of their quarrels is not what it should be, fans will not care, no matter what the stars do. in their career. In addition, WWE's attention to Crown Jewel has undoubtedly delayed the supposed evolution of the company at a time when the movement to present its superstars as women equal to their male counterparts should be at its peak .
The way the WWE neglected evolution, a historic show that featured a number of fantastic matches (including perhaps the best female match in the WWE to date in Charlotte Flair vs. Becky Lynch ), in the last two or three months was really a microcosm of everything that went wrong at WWE, especially at Raw Brand. Yes, WWE has spent too much time focusing on some of Raw's biggest stars, but the WWE's reliance on part-time employees as a result of its interest in Crown Jewel has been the real culprit behind an abandoned median card and a battered female division. .
The WWE knew that Evolution would not be the huge owner of the Crown Jewel money (probably about $ 50 million), which proves that a considerable lack of effort is needed to create truly compelling scenarios for the very first salary of women in society. -perspective, despite the fact that pay-per-view television generates a lot of time from the ring. Fans have also been able to see through, noting that WWE's concern over his show in Saudi Arabia that should not have occurred has taken precedence over the rest of society, particularly in Raw.
Once again, Raw has charged some of it. -timers. Unsurprisingly, the team division, women's division and midcard collapsed. Popular stars like Finn Balor and Bayley have once again been put on the back burner, and for once, we can not blame Roman Reigns' baby-face thrust.
Want to put the blame somewhere? Do it on Crown Jewel and the domino effect resulting from WWE's commitment to the show, which left a veil of controversy over the WWE and that resulted in a fall in stock prices and prices. not so optimistic financial outlook for a business up sharply just a few months ago.
Blake Oestriecher is a primary school teacher the day and sports writer at night. He contributed to @ForbesSports where he mainly covers the WWE. You can follow him on Twitter @BOestriecher .
