WWE EYES GLOBAL EXPANSION AFTER SETTING DOMESTIC RECORDS FOR PROFITS AND RATINGS

As WWE (WWE) continues to strive domestically with record profits and ratings, the company sees the potential for additional growth with global expansion. WWE has partnered with Lagardère Sports, a subsidiary of Lagardère Group (EPA: MMB), to provide global sponsorship support and analysis, with a focus on the Indian market. With more than 500 live events/year, WWE is looking to take advantage of the increased amount of live, in-ring content shown on the company owned WWE network. The company has acknowledged that in order to continue recording record growth numbers (subscriber base up 16% since Q1), and to continue increasing its brand power, global expansion is a necessity.

wwe-logo-21

The WWE Is Exploring Overseas Opportunities For Further Revenue Growth

Howie Long-Short: Does what sells in the trailer park really sell in China too? I think WWE will have a tough time expanding globally. But they’ve already done better than I expected since launching their own network.

Fan Marino: With India a focal point, it’s no surprise that Vince & Co. are pushing Jinder Mahal.

Author: John Wall Street

At the intersection of sports & finance.

Leave a Reply

This site uses Akismet to reduce spam. Learn how your comment data is processed.