Quote:
Originally Posted by keg in kc
The expectation was a million subs already, for Mania. Word is that many internally are very surprised/disappointed, had been led to believe the numbers to date were much higher.
Company was in PR spin overdrive this morning, basically.
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Their forecast/progress causes speculation/correction over time. This wasn't an earnings report, just reflected they haven't met their projections. The analysts downgraded based on new projections, but only to a "hold" so the sell-off was premature.
This means little long-term if they meet their long term projections and it definitely has not much to do with the WM 30 broadcast other than they didn't penetrate the "meh I'll watch wrestling when it is compelling me to" market as far as they wanted.
FWIW It should only cause the business side to ask them to create more buzz sooner so as a viewer it should be a positive outcome in the next 3-6 months if the writers do their damn job.
Oh and Cena sucks.