09-12-2014, 12:29 AM | #1 | ||
Former TPWW Royalty
Posts: 66,592
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WWE rumored to be selling off their tape library to Warner Bros
Hasn't been confirmed nor deny yet by the Observer or other more reliable dirtsheet sources but the WWE is rumored right now to be considering selling off their tape library.
The original story from TheWrap.com: http://www.thewrap.com/warner-bros-i...ary-exclusive/ Quote:
F4W story on hearing about the news and possible comparisons to UFC: Quote:
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09-12-2014, 12:30 AM | #2 |
Quark is Less Impressed.
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What the fuck?
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09-12-2014, 01:35 AM | #3 |
Rigged from the start
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I'm calling bullshit.
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09-12-2014, 01:41 AM | #4 |
Loque Ja
Posts: 87,987
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Yeah, this would never happen. License it out, sure, it's a possibility. But not selling it off.
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09-12-2014, 01:59 AM | #5 |
TPWW's #3 Peep
Posts: 20,892
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If that were to happen, what would happen to the WWE Network?
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09-12-2014, 03:09 AM | #6 |
VG + Q&A FORUM REPRESENT
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09-12-2014, 03:28 AM | #7 |
Out Of Step
Posts: 12,059
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If anything you'd think they'd be acquiring more not selling it off, they were reported to be trying for Memphis and the WWC libraries just weeks ago.
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09-12-2014, 10:49 AM | #8 |
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This sounds more like someone who either didn't get accurate information or didn't understand the information they were given.
It's more likely that WWE is in talks with Warner Bros. to switch their distribution from Cinedigm. In other words, Cinedigm currently handles DVD releases to retailers like Walmart, Target, Amazon, etc., and digital aggregation of WWE content to services like Netflix, etc. It's more likely they're discussing with Warner Bros. to handle this distribution in the hopes of Warner Bros. taking a smaller cut of the revenues in acting as their distributor. I could be wrong but this seems much more likely. I don't see a reason for WWE to sell one of their most valuable and long-term growth assets by selling their intellectual property. |
09-12-2014, 11:40 AM | #9 |
Trickster Demon
Posts: 59,753
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I know thewrap.com looks like a legit site, and it does occasionally post things that are accurate, but I can tell you from a standpoint of having worked in the entertainment biz it is very unreliable and the owner of the site doesn't have the best rep.
Here's a perfect example of the owner saying something completely stupid (and incorrect) about the Fast & Furious films after Paul Walker's death: defamer.gawker.com/hollywood-expert-sharon-waxman-shares-no-actual-exper-1480512500 I would proceed with caution with this story. If it pops up on the Hollywood Reporter, Variety or Deadline then it is more likely to be true. |
09-12-2014, 12:15 PM | #10 | |
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Ryan Clark trying to make this story seem more legit and the story and himself as more important.
Quote:
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09-12-2014, 12:19 PM | #11 |
MVP Mark
Posts: 16,451
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If people refuse to get the network then maybe they need to fix their product. I would have been happy to give $10.00 of my allowance a month to watch the ppvs monthly when I was a teenager.
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09-12-2014, 04:53 PM | #12 |
Best Poster
Posts: 56,917
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It's for license and distribution
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09-12-2014, 04:57 PM | #13 |
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This is bullshit.
But seriously, they don't even have 1M in subscribers. 1 M people watch TNA every week. For 10 bucks a month, it's pretty obvious, the product is shit. |
09-12-2014, 05:16 PM | #14 |
Out Of Step
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How many watch WWE each week? More than a million I'm sure, but you're not paying 10 bucks a month for either for weekly tv.
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09-12-2014, 05:22 PM | #15 |
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What the hell would WB want with the WWEs tape library..that's what doesn't make any sense to me
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09-12-2014, 06:50 PM | #16 |
Best Poster
Posts: 56,917
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It's for distribution. What part of that don't some of you get?
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09-12-2014, 06:53 PM | #17 |
the heartbreak king
Posts: 48,434
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the "reading" part.
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09-12-2014, 06:58 PM | #18 |
New Arcade God
Posts: 6,751
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Regarding the story from TheWrap.com that said WWE is in talks with Warner Bros. to sell their tape library, those reports are not true. A reliable WWE source has confirmed the story to be incorrect and other WWE sources told Mike Johnson of PWInsider that there was nothing to the story either.
On a related note, TheWrap.com story claimed that Cinedigm currently owns the WWE library. PWInsider points out that is not true as WWE owns their own library. This has been touted by WWE CFO George Barrios during several financial calls. Cinedigm is, however, the current distributor of all WWE DVD releases. So can we call this newz now? |
09-12-2014, 07:00 PM | #19 |
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09-12-2014, 07:51 PM | #20 |
Resident drug enabler
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...
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09-12-2014, 09:01 PM | #21 |
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That's because someone either didn't understand the difference between a agreement to purchase vs an agreement to distribute or they intentionally made a incorrect statement.
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09-13-2014, 05:41 AM | #22 |
Feeling Oof-y
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09-14-2014, 11:58 AM | #23 |
Rigged from the start
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09-14-2014, 12:19 PM | #24 |
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Ryan Clark is Triple A
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09-14-2014, 12:54 PM | #25 | |
I am the cheese
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Quote:
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09-14-2014, 01:58 PM | #26 |
Y2KoTF
Posts: 16,241
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That's just crazy talk right there!
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