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Old 03-24-2021, 10:55 AM   #62
hb2k
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hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)hb2k has a relatively large amount of rep (50,000+)
So hold on, is Meltzer credible to you or not? You seem to blow hot and cold on the validity of his claims depending on whether or not it suits your argument, surprisingly enough.

How the fuck would you know if Meltzer is off by two million per PPV for revenue? That's just making shit up. Revolution was pegged at 5 to 7 million of revenue, of which AEW gets half. Four PPVs a year - if its only the low end, that's 10 million a year.

Thanks for the breaking news that NXT is not its own entity. Meltzer did say it was in the 50 million ballpark - BEFORE the investors call, at which point he revised it to 30 million, and Curry Baker of Guggenheim Securities also independently pegged it at 30 million based on tracked income under that division in the filings.

Nobody is denying WWE as an entity makes more money. But your assessment that AEW doesn't make money is completely baseless. NXT made very little on live attendance (TakeOver crowds four to five times a year) with Full Sail being free entry. There no proof NXT is a difference maker on the Network in terms of subscriptions. They don't ad share. They get $30 million flat. AEW gets $45 million, ad share, PPV, live attendance, licensing and sponsorship. NXT itself doesn't get the latter two, WWE does and would regardless.

Ultimately, it's comparing an apple to an orange, but you're insisting the apple is more orange, for some reason. As for payroll, that's certainly higher for AEW, but not everybody is on a million dollar deal and with income off-setting it, there's no evidence it's a problem. One company cut contracts on a pandemic, the other didn't. Do you think if they were losing millions they wouldn't?

It's amazing, really. Every startup company for 30 or 40 years had early years that were loss leaders (or just went on to never be profitable), and AEW hasn't, but some people are desperate to call it an economic failure when all the evidence points the other way. It's sad really.
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