WWE 3rd Quarter numbers
Wednesday afternoon, WWE released its 3rd Quarter numbers, and shareholders have to be happy.
Revenue for the quarter was $304.6 million, which was an increase of 19% from the same time frame last year.
WWE returned $9.1 million of capital to shareholders through dividends paid.
One of the highlights of the quarter was the Clash at the Castle event, WWE鈥檚 first major stadium event in the United Kingdom in over 30 years. It was the most viewed international event in WWE鈥檚 history.
As far as the Premium Live Events here in America during the quarter, each one was the most viewed event in the event鈥檚 history as Money in the Bank saw a 17% increase from the 2021 edition, SummerSlam had a 20% increase and Extreme Rules had a 36% increase.
These numbers are all important as WWE prepares to enter its next round of TV negotiations with NBC/Universal and FOX.
McMahon investigation complete
Wednesday, WWE announced to the SEC that the investigation into Vince McMahon had finished.
No new findings were announced, and the matter has been closed.
Jarrett signs with AEW
Wednesday night on Dynamite, Jeff Jarrett made his AEW debut.
How long Jarrett will be an on-camera personality is unknown, but he will also be working behind the scenes as the Director of Business Development.
Here is to hoping he can get into Tony Khan鈥檚 ear and help show Khan how a promotion should be run.
Khan is well-known for being friends with many of his performers and the lines of boss and friend have been blurred.
Crown Jewel notes
WWE presented Crown Jewel Saturday on Peacock well before this column鈥檚 deadline, so the results were not known as of when this column was written.
That said, the talent arrived Thursday and were to fly out after the event Saturday to be back in time for Raw on Monday in Wilkes-Barre (Pa.).
There was a press conference Friday to help hype the event.
This Week in History鈥�
In 2006, Ric Flair and Roddy Piper defeated The Spirit Squad to win the WWE tag titles at Cyber Sunday.
This week鈥檚 question
Why did Jeff Jarrett leave WWE when Vince McMahon stepped down from WWE and end up with AEW as of this week? Pam, Uniontown.
A part of it comes down to money and part of it comes down to power. Let鈥檚 start with the latter.
Jeff Jarrett has always known how to play politics behind the scenes, and maybe with Triple H and Stephanie McMahon in power, he knew he wasn鈥檛 going to play politics like he could have with others in control.
As far as the financial side of things, each time WWE was releasing someone under Vince, Jarrett may have seen an opportunity to move up the ranks and pull in more money. But with the new power team in WWE of Triple H, Stephanie and Nick Khan, maybe Jarrett realized he could make more money elsewhere, which led him to AEW.
Email questions/comments to powerhousehughes@gmail.com or tweet them to @BillHughes_III.