While $50m is a large number, compared to what Marvel are making or sports teamsl clubs it is peanuts
But the WWE isn't Marvel or a sports team.
By the way, Marvel isn't making that much more in profit each year. Just saying. And several sports franchises claim they LOSE money each year.
So basically you've been wrong every step of the way. As endless said, you're clueless and you keep exposing yourself as such with each post.
$50m is what Rock makes in a year for NOT doing WWE... so that being WWE's profit isn't great...
You're talking about Rock's GROSS income, before expenses. The WWE brought in over $500 million in revenue last year, before expenses.
It's not even comparable. You don't know what you're talking about.
People will go for a football team or a movie studio rather than WWE.
And yet, the WWE generates more revenue and roughly the same amount of profit (from the wrestling business) as the Green Bay Packers did in their record setting 2012-2013 season.
http://espn.go.com/nfl/story/_/id/9483276/green-bay-packers-enjoyed-record-revenue-profits-2012-13
Take WWE for what it is, a wrestling company with some other production and it's not really great at any of it right now
Revenues over $500 million say otherwise. You're ignorant. Give up.
... in the Attitude era, when it went public it was an AMAZING wrestling company... that's the difference.
But it generated less in revenue and fiscal year 2003 showed a loss of money instead of profit.
There's no doubt the Attitude era was very successful financially. You just don't seem to understand the WWE is very successful financially today as well.
Diversification is the WWE's kryptonite
No, it's not. You just don't seem to understand the concept of time.
... Vince is ashamed to "just be a wrestling promoter"
This is a common Internet refrain and I think it's just stupid.
Vince isn't ashamed to be a wrestling promoter, Vince is intelligent enough to know if you put all your eggs in one basket, you're asking for trouble. What happened in the mid 90s showed him that if your only source of income comes from one place, it can quickly be put in danger. However, if you find various other revenue streams, places which are insulated from your original business, then you're far less likely to have to shut your doors.
Diversification is a common word in stocks and for good reason. And that's all the WWE is trying to do...they are trying to protect their investment.