Mcmahon unhappy over the past quarter’s performance

During the press conference addressing the company’s performance over the past quarter, Vince Mcmahon is said to be reportedly upset over several issues.

He called the quarter “lousy” and said it was a “perfect storm” of problems, mentioning the volcano explosion during their European tour. He mentioned the departures, via retirement or injury like Shawn Michaels, Batista, The Undertaker, Triple H, Randy Orton, and CM Punk, which impacted their business. He said he has never had a situation with so many major names retiring or getting injured at the same time.

He also mentioned that the company is looking Summerslam as “the kickoff” to reversing the negative trends and getting back on track in terms of PPV buys. Both Triple H and the Undertaker will be back “very soon” Hopefully, their return would improve WWE’s talent lineup.

Vince also praised Nexus for being able to stand up to the plate.

Vince concluded WWE plans to go to cable systems at the beginning of 2011 is going smoothly. It will start giving presentations on the planned WWE Network soon.

~ by wrestlingdynasty on August 13, 2010.

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