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Apparently WWE's live events took a huge hit for the fiscal quarter based on WWE's recent report. Both revenues and attendance were at their lowest in years with Vince pleading to investors not to worry since he can quickly fix it.
Numbers-wise, everything else in the report that the WWE tried to present as positive had a hidden negative or counter which is why their stocks took a hit afterwards. Like them boasting at having 1.65 million subscribers for the Network but yet they only made 2% more in revenues compared to last year.
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