-

WWE’s George Barrios says they would listen to a potential company sale

During the conference call yesterday discussing the Q2 2016 financial results, WWE’s Chief Strategy and Financial Officer George Barrios took a question regarding a potential WWE sale similar to that one of the UFC.

UFC was sold for $4 billion earlier this month and right after the sale WWE stocks jumped due to the valuation of the company. “I think that reflects the value people put on branded live content. So we think that’s great,” Barrios said. “And as far as the private transaction look, as you know us, we are always willing to listen and all we care about is doing what’s best for our audience, for our shareholders, and for our employees. So, if someone’s got a great idea, we’re open to listening to it,” Barrios added.

There are always rumors of a potential WWE sale to bigger companies however this is the first time that a high-ranking WWE official has acknowledged that they wouldn’t shoot down the idea of a sale and would be open to discuss it.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

Nikki Bella gives an update on her recovery, training, and WWE return

On today’s episode of SiriusXM’s The Nikki and Brie Show, Nikki Garcia gives an update on her recovery, workouts...

Old episodes of AEW Dynamite now part of Tubi

The FOX-owned streaming service Tubi now has old episodes of Dynamite as part of its vast library. The free service,...

Parties in WWE shareholder lawsuit reach out-of-court settlement

The parties in the WWE shareholders lawsuit have reached an agreement in principle and managed to settle this out...

Discover more from Wrestling-Online.com

Subscribe now to keep reading and get access to the full archive.

Continue reading