Analyst: WWE in many shades of trouble if HHH replaced Vince McMahon
by David Bixenspan on Jul 19, 2011 12:24 AM EDT
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Darren Rovell, an analyst for CNBC (which, like WWE's home on the USA Network, is owned by Comcast) just Tweeted the following about the...thing at the end of Raw announcing that Paul "Triple H" Levesque is replacing Vince McMahon as the man in charge of WWE on-screen and the wrestling end of the company in real life:
If HHH has really taken over for Vince McMahon, WWE's stock is going to plummet tomorrow. Shares already down 31% year to date.less than a minute ago via web 
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darren rovell
darrenrovell
The #1 material risk against WWE stock is Vince McMahon leaving the business. Tonight's plot could be an SEC violation.less than a minute ago via web Favorite Retweet Replydarren rovell
darrenrovell
True Story: WWE once named me a murder suspect http://t.co/kCMNXZbless than a minute ago via web Favorite Retweet Replydarren rovell
darrenrovell
As far as the SEC goes, here's the relevant text from WWE's latest 10-K filing:
The unexpected loss of the services of Vincent K. McMahon could adversely affect our ability to create popular characters and creative storylines or could otherwise adversely affect our operating results.
In addition to serving as Chairman of our Board of Directors and Chief Executive Officer, Mr. McMahon leads the creative team that develops the storylines and the characters for our televised programming and live events. Mr. McMahon, from time to time, has also been an important member of our cast of performers. The loss of Mr. McMahon due to unexpected retirement, disability, death or other unexpected termination for any reason could have a material adverse effect on our ability to create popular characters and creative storylines or could otherwise adversely affect our operating results.
As far as the "murder suspect" tweet goes, hit up Rovell's link to see an article about his role in the "Who killed Mr. McMahon?" saga. He also interviewed McMahon a year later.
More on whatever is happening as it develops...
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Do we really have to speculate that wall street will take a wrestling angle that serious?
Freedom is a road seldom traveled by the multitudes...
by Major on Jul 19, 2011 12:31 AM EDT via mobile reply actions
apperently we will
Players who should be in the Hall of Fame: Pat TIllman, Dwight White, Donnie Shell, L.C. Greenwood, Ray Guy, Steve Tasker, Jack Butler, Greg Lloyd, Andy Russell, Cris Carter, Kevin Greene, Curtis Martin, Willie Roaf, Andre Reed and Jerry Kramer
CM PUNK IS MY HERO
Canal Chronicles resident Steelers Fan
by WVPiratesfan on Jul 19, 2011 12:32 AM EDT up reply actions
Well
There was that whole internet bubble… and the housing market thing
by Ruben Tisch on Jul 19, 2011 12:33 AM EDT up reply actions
If I had WWE stock, and I didn’t have a memo about this in my email inbox first thing this morning, I’d be blowing up phones trying to get some answers, and if Vinny really was leaving, I’m out.
Then again, maybe I’d stick around to see what happens.
This is why I don’t gamble.
Twitter me @kkelchner621
Read me at Cageside Seats
by Kaleb Kelchner on Jul 19, 2011 12:35 AM EDT up reply actions
I don't see him leaving the comapny
but I do see him taking more of a back seat
Players who should be in the Hall of Fame: Pat TIllman, Dwight White, Donnie Shell, L.C. Greenwood, Ray Guy, Steve Tasker, Jack Butler, Greg Lloyd, Andy Russell, Cris Carter, Kevin Greene, Curtis Martin, Willie Roaf, Andre Reed and Jerry Kramer
CM PUNK IS MY HERO
Canal Chronicles resident Steelers Fan
The idea that Vince who’s past his prime and clearly has no idea what people actually want to see anymore from his company leaving would be the end of the WWE is hillarious to me. Let’s face it this should have happened years ago, the business has passed him bye and him being removed by someone who knows the business and actually cares about the product can only be a plus. If this is and I stress IF, then it would be the perfect time to go and buy some stock that could end up jumping up quite a bit in the next year or so.
no trouble at all......
Vince has often sought the attention of younger, fresh thinking people, rather than relying on the “let’s play it safe” old guard mentality. Say what you will, but that is the truth. As far as Paul levesque is concerned , and how Vince stepping aside in favor of a fresh, eager, seasoned individual who happens to be his son in law is not going to have any negative impact on the company stock, if anything it would probably be viewed as a positive! Just like Paul said Vince built the company into the juggernaut, and world wide phenomenon that it is, and nobody can take that away from him!! Besides, while he’ll never admit to such, but the man has earned some down time for doing such a tremendous job at the helm of the WWE. His children have grown up in the business, and have also earned the oppurtunity to take the business to the next level. I absolutely feel that Paul levesque, despite the knocks on his new division, which we can all accept as learning through trial and error. I’m certain better times lie ahead for him and the WWE! Looking forward to the future!
Scott Druyan
by matz57 on Jul 19, 2011 3:03 PM EDT via mobile reply actions
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