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Breaking News:Vince McMahon on Paul Heyman’s departure, AEW/NXT ratings compared to Raw/SmackDown and more from WWE’s 2020 second quarter earnings conference call

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Vince McMahon on Paul Heyman’s departure, AEW/NXT ratings compared to Raw/SmackDown and more from WWE’s 2020 second quarter earnings conference call

WWE NEWSVince McMahon on Paul Heyman’s departure, AEW/NXT ratings compared to Raw/SmackDown and more from WWE’s 2020 second quarter earnings conference call
ByAndrew RavensPublished on July 30, 2020

WWE held its 2020 second quarter earnings conference call on Thursday that featured WWE Chairman & CEO Vince McMahon, SVP Financial Planning & Investor Relations Michael Weitz and acting WWE CFO Frank A. Riddick III. Here are the highlights:

Read also:REPORT: WWE is adding another pay-per-view a week after SummerSlam
– The conference call opens with a welcome to everyone on the call.

– McMahon ran through the highlights of their earnings. McMahon touted the strong financial performance in the quarter despite the “challenging environment.” He also touted record viewership on digital platforms during WrestleMania week and credited cost savings for the good numbers this quarter.

– Riddick ran through the revenue numbers. WWE Network average paid subscribers declined 1.5% to 1.66 million while ending paid subscribers increased 6% to 1.69 million. Revenues were $223.4 million as compared to $268.9 million in the prior year quarter. Live event revenues declined to $1.0 million from $48.8 million in the prior year quarter primarily due to the absence of them. Operating income was $55.7 million as compared to $17.1 million in the prior year quarter

– This was when they opened the call up for questions.

– McMahon was asked about TV viewership and how concerned he is with the decline of ratings in addition to his strategy to turn it around. Vince said the audience is integral to the ratings. However, he thinks they need new and better characters and more compelling storylines. He also stated that they can have more content outside of the ring.

Read also:WWE’s Becky Lynch reveals how she found out she was pregnant
– When asked about holding another event in Saudi Arabia this year, McMahon stated, “the decision hasn’t been made yet but given where they are with their economy, I would doubt it.”

– Regarding the free version of the WWE Network, Riddick noted that WWE Network viewership is up for free and for paid subscribers. McMahon stated they have not hurt themselves by going with it instead of the 30-day free offering to the entire service.

– McMahon was asked why viewership numbers for AEW and NXT have rebounded better than Raw and SmackDown in the COVID-19 era. He stated those two programs are newer. He stated that it’s up to them to make Raw and SmackDown new and youthful. He added that you have to always build characters.

– There was a question about Paul Heyman’s exit from Raw creative and McMahon put him over for doing a good job at being creative.

– Another ratings question was about how long it will take to rebuild viewership. McMahon stated, “the audience is integral to what we do. I would like to think it’s months away.”

– Riddick said that acquiring EVOLVE was a small size content purchase deal with no M&A opportunities associated with it.

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Seth Rollins Shares Lovely and Adorable Picture Of Becky Lynch: Says “Becky Lynch has changed my life[PHOTOS]

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Becky Lynch and Seth Rollins

Seth Rollins Shares Adorable Picture Of Becky Lynch: Says “Becky Lynch Changed His Life…”

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Vince McMahon’s Heartwarming Reaction After Learning About Becky Lynch’s Pregnancy

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On Monday, Becky Lynch relinquished her title and announced that she is pregnant with fiance Seth Rollins’ baby. Since then, the couple has been receiving congratulatory messages from all over the world. Many WWE superstars also congratulated the couple and wished them well for the future.

Later, WWE CEO and Chairman Vince McMahon took to Twitter and gave his well-wishes. Vince McMahon praised Becky Lynch and hailed her as a ‘world-class athlete who will undoubtedly be a world-class mom’. He said that Becky Lynch was an incredible champion and he’s happy for her. Many reports claim that Vince McMahon was happy when Becky Lynch gave him the news in person. He also did not hesitate for a moment before granting Becky Lynch leave for the upcoming months.

Becky Lynch talks about the wedding and inviting Vince McMahon
Becky Lynch earlier revealed that because of the coronavirus pandemic, she and Seth Rollins decided to push their wedding date. She said their families and friends can’t travel amid the pandemic, which is why they took the decision. Becky Lynch said she and Seth Rollins would like their friends and family to be present at their wedding. She said she is not in a hurry to get married as she and Seth Rollins are going to be ‘together forever

While talking to TMZ a couple of weeks ago, Becky Lynch revealed whether she will invite Vince McMahon to her wedding or not. Becky Lynch said that she will invite Vince McMahon to her wedding because Big Show had once told her that rich people bring good and expensive presents. Becky Lynch added that she and Seth Rollins have a lot of money, but she would like some more.

I got good advice from the Big Show, he was like, ‘Invite rich people because they get you good presents,'” Lynch said.

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WWE News: Becky Lynch has the perfect response to Vince McMahon’s birthday wishes

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What’s the story?
Ever since her transformation into ‘The Man’, Becky Lynch has become the most over superstar in the company. Not surprisingly, Vince McMahon wished her on her birthday.

Little did he know how savage she has become on Twitter in her current run. Her response to McMahon was quite legendary indeed.

In case you didn’t know…
Becky Lynch lost to Asuka in the opening contest of the Royal Rumble. She would then replace Lana and go on to win the whole thing.

She would also name Ronda Rousey has her opponent for WrestleMania 35. From the looks of things, Charlotte Flair could also possibly become a part of the match in due course of time.

Becky Lynch has become such a crowd favourite that the WWE Universe has turned on Ronda Rousey in a big way.

The heart of the matter
Vince McMahon had a very sweet message that he sent out to Becky Lynch on her birthday. It spoke volumes about the light that McMahon, a man who’s not traditionally been known to be the biggest advocate for women’s wrestling, saw Becky Lynch in:

And then Becky Lynch would send a Tweet of her own. She mentioned the birthday gift that she had purchased on her birthday, to go with the brass ring that she owns:

For those of our readers who are unaware, the meaning of ‘grabbing the brass ring’ is to be the one who makes use of the opportunities provided to truly outshine the pack. Vince McMahon has said in the past that not many current WWE superstars reach for the brass ring.

Becky Lynch has broken out of the pack and become the most over Superstar in the roster, thereby grabbing the brass ring.

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