World Wrestling Entertainment owner Vince McMahon
When the WWE chairman was asked if he was willing to sell the business to a large conglomerate in the near future during an earnings call on Thursday, he said:
"We're open to anything". The 71-year-old, however, stressed that any takeover bid
must be flexible to let WWE "control its own destiny".
"Again we're open to anything but I think that you know controlling your own destiny
is so important," McMahon said. (Via Cagesideseats) "And I don't know how much
you lose control over that you know by being absorbed or sold or what have you,
but again, we're open to anything, we're business people."
"So it's not a question of if the right deal came along, it's one of those things where if it's
a deal you couldn't refuse, we're listening," he said. "Otherwise you know we're creating
our own content, which is extremely valuable as George said over all platforms
and that's important. The old content is king is true, maybe truer today than it's ever
been. So we're open for business."
Speaking about the future of the company, McMahon said, "We remain very bullish
on our long-term opportunity with our WWE Network and the ability to distribute
our content directly to our global audience"
"As far as television ratings are concerned, our brand extension we think continues to
work very well. As far as is SmackDown as you know we went to a live format,
it's live format is about twice the ratings that were in the same time slot a year
ago and is about 16% above what we were doing with SmackDown on a tape
basis on Thursday nights on USA," he added.
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