|Hey Scott, I don't know if you've seen this yet but its an interesting read about the damage all of WWE's extra projects have done to the WWE's cash flow. The basic premise is that the reality shows, movie ventures, the network etc have used almost literally all of WWE's on hand cash without bringing anything as far profit back in. This is going to cause the WWE to suspend paying dividends on their stock for very soon. That's extremely significant because the absolute largest draw that stock has is its consistent divided payout. Without that who is going to want that stock? It will be far less valuable. People love to bring up how booking decisions won't hurt the stock price, but not having cash to pay dividends because you wasted it all on bad ventures (not saying the network but certainly the film studio and if divas really is a cost as the analyst here says…wow) is going to hurt it badly.
Here's the link: http://seekingalpha.com/article/2872636-wwe-burning-through-cash-and-running-out-of-options Thanks
A lot of it seems to veer towards the obvious (you mean the movie and TV division WASN'T a great idea?) but I didn't realize that Total Divas was such a money sink.