Quote:
Originally Posted by BigCrippyZ
It's not that WWE hates money. It's that WWE as a public company no longer relies on their consumers for most of their financial "success". Most of WWE's success financially comes from the value of their stock.
Sure, they need their consumers to keep their stock prices at a certain value but burying one guy who's over (or getting over) isn't going to hurt your stock value. There's little to no incentive to risk going all in on a guy if you're not sure or for whatever reason don't think he'll make your stock price increase.
This is particularly true if you rely on a demographic (i.e., children) that doesn't "think for themselves" who will skew the numbers enough to show a steady revenue stream to keep your stock value stable. In comparison, prior to the success of Austin, Foley and Rock and WWE going public, WWE was nearly broke (and supposedly close to going under) there was great incentive for them to listen to their consumers and go with the guys who were most "over" with the crowds.
Long story short, WWE has less incentive to worry about their consumers or who's more "over" as long as they have enough sustained revenues to keep their stock value stable.
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Yet ANOTHER reason why I feel "Going Public" was the ruination of professional wrestling.