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WWE Raw raised eyebrows as a result of its controversial decision to host Crown Jewel despite widespread pressure to cancel the series, resulting in a host of issues that could hurt the company in the long run .
Credit: WWE.comCredit: WWE.com
In recent weeks, the image of the WWE has suffered a number of playoff strikes, coinciding with falling stock prices after hitting record highs early in the year. The most obvious reason for the fall of the WWE course is perhaps that the company's questionable decision to hold the event with Crown Jewel (although US senators have it). have urged and that the general idea that continuing with the event is a bad idea) has not sat well with investors or fans. Kevin Cavanagh of Alpha Researching pointed out that the sudden pessimistic outlook regarding the WWE stock price and its immediate financial future stemmed from a series of disappointments predicted by Dan Victor at the site earlier this month:
His [Victor’s] The central thesis was that performance indicators such as slowing social media engagement, television ratings, and lukewarm participation in live events suggested new 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. Address these concerns, add poor sales, and add a publication reaction to 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) went to a title 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 in the Middle East for almost 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. Forecasts for the whole of 2018 are based on the organization of the Riyadh event as planned.
Stephanie McMahon doubled this statement, saying News from the sky (h / t WrestlingInc), it was an "incredibly difficult decision" but a "deal" in the heart:
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. around the world.
Despite the fact that the majority of WWE members have expressed their desire not to go to Crown Jewel and John Cena refuses to work on the show, WWE is going anyway, and this controversial move has had a butterfly effect that contributed to further ruining 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 training of the WWE has never been more talented.
Money is apparently the factor behind Michaels' retirement after eight years of resistance, and the same motivation for the controversial WWE trip to Saudi Arabia.
Crown Jewel is the second edition of the agreement between WWE and the country, Crown Jewel, which will not only lead to the return to the ring of "The Heartbreak Kid", but which also resulted in a massive deal at "seven figures" for Brock Lesnar back, highlighting the company's obsession with strongly relying 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: full-time stars, predictable storytelling, etc.
The gross audience 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. What's more, the fact that the WWE focuses on Crown Jewel has undeniably delayed the supposed evolution of women in society, 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 ignored Evolution, a historic show that had a fantastic number of matches (including perhaps the best WWE women's match at Charlotte Flair against Becky Lynch), in the last two or three months was really a microcosm of everything that's wrong with WWE. , especially on the 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 most important moneymaker of Crown Jewel (probably around 50 million dollars), which has been shown with a serious lack of effort to create really compelling scenarios for the very first pay-per-view television system of the group on television for women. , despite the fact that pay-per-view television is generating a lot of time from the ring. Fans have also been able to see through, noting that WWE's concern over its Saudi broadcast that should not have occurred has supplanted all other components of society, particularly those of Raw. .
Raw has once again loaded with split times. Unsurprisingly, the team division, women's division and midcard collapsed. Popular stars such as Finn Balor and Bayley have once again been put on the backburner, and for once, we can not blame Roman Reigns' babyface thrust.
Do you 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 by day and a sports writer at night. It contributes to @ForbesSports, where he mainly covers the WWE. You can follow him on Twitter @BOestriecher.
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WWE Raw raised eyebrows as a result of its controversial decision to host Crown Jewel despite widespread pressure to cancel the series, resulting in a host of issues that could hurt the company in the long run .
Credit: WWE.comCredit: WWE.com
In recent weeks, the image of the WWE has suffered a number of playoff strikes, coinciding with falling stock prices after hitting record highs early in the year. The most obvious reason for the fall of the WWE course is perhaps that the company's questionable decision to hold the event with Crown Jewel (although US senators have it). have urged and that the general idea that continuing with the event is a bad idea) has not sat well with investors or fans. Kevin Cavanagh of Alpha Researching pointed out that the sudden pessimistic outlook regarding the WWE stock price and its immediate financial future stemmed from a series of disappointments predicted by Dan Victor at the site earlier this month:
His [Victor’s] The central thesis was that performance indicators such as slowing social media engagement, television ratings, and lukewarm participation in live events suggested new 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. Address these concerns, add poor sales, and add a publication reaction to 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) went to a title 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 in the Middle East for almost 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. Forecasts for the whole of 2018 are based on the organization of the Riyadh event as planned.
Stephanie McMahon doubled this statement, saying News from the sky (h / t WrestlingInc), it was an "incredibly difficult decision" but a "deal" in the heart:
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. around the world.
Despite the fact that the majority of WWE members have expressed their desire not to go to Crown Jewel and John Cena refuses to work on the show, WWE is going anyway, and this controversial move has had a butterfly effect that contributed to further ruining 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 training of the WWE has never been more talented.
Money is apparently the factor behind Michaels' retirement after eight years of resistance, and the same motivation for the controversial WWE trip to Saudi Arabia.
Crown Jewel is the second edition of the agreement between WWE and the country, Crown Jewel, which will not only lead to the return to the ring of "The Heartbreak Kid", but which also resulted in a massive deal at "seven figures" for Brock Lesnar back, highlighting the company's obsession with strongly relying 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: full-time stars, predictable storytelling, etc.
The gross audience 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. What's more, the fact that the WWE focuses on Crown Jewel has undeniably delayed the supposed evolution of women in society, 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 ignored Evolution, a historic show that had a fantastic number of matches (including perhaps the best WWE women's match at Charlotte Flair against Becky Lynch), in the last two or three months was really a microcosm of everything that's wrong with WWE. , especially on the 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 most important moneymaker of Crown Jewel (probably around 50 million dollars), which has been shown with a serious lack of effort to create really compelling scenarios for the very first pay-per-view television system of the group on television for women. , despite the fact that pay-per-view television is generating a lot of time from the ring. Fans have also been able to see through, noting that WWE's concern over its Saudi broadcast that should not have occurred has supplanted all other components of society, particularly those of Raw. .
Raw has once again loaded with split times. Unsurprisingly, the team division, women's division and midcard collapsed. Popular stars such as Finn Balor and Bayley have once again been put on the backburner, and for once, we can not blame Roman Reigns' babyface thrust.
Do you 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 by day and a sports reporter at night. It contributes to @ForbesSports, where he mainly covers the WWE. You can follow him on Twitter @BOestriecher.
