WWE Thinks It Can Be “Bigger Than Disney”
Sometimes, our mouths can get us into serious trouble.
We say something we don’t mean, we say something in the heat of the moment, etc. Take this for example:
In an article for the London newspaper, the Evening Standard in March, 1966,
John Lennon, one of the founding members of the legendary rock band, The Beatles, made an off the cuff comment about the popularity of The Beatles…. “Christianity will go, it will vanish and shrink…” “…We’re more popular than Jesus now.” Little did he know how much controversy this comment would cause – people started protesting concerts, burning albums, etc.
It was not received well.
Recently, someone else made a similar comment… While in Lisbon, Portugal, Stephanie McMahon did a Webinar type of thing with Elizabeth Schulze, and when talking about WWE as a global brand, #StephanieMcMahon said this: “10-20-30 years from now, there’s no reason we (The WWE) can’t be as big or bigger than Disney,”
She finished by saying,
“…You have to dream big, have big, bold goals, and go after them.”
All things considered, #WWE and Disney are not even in the same Universe much less the same Galaxy. Just to sight example, on November 8, 2018 WWE’s stock on the NYSE opened at $75.07 and Disney’s is $117.45
As you can see, WWE’s stock was on a steady incline for the year, until it hit the end quarter of September/Early October – it hadn’t even hit $100 per share.
Whereas with Disney, you can see that they average on at least $90-$100 per share.
Now, to WWE’s credit, they have tried to branch out in other areas (WWE Studios, toy lines, etc.) but, for some reason, the stocks don’t remain at a steady pace.
Whereas Disney’s stock is like clockwork. Perhaps if WWE found a way to stabilize their stock, it might go and stay on an upward incline, but, with the amount of (rumored) scandals they have (Rumors of bullying, corporate infighting, etc.)
There is no way it will find itself calming down anytime soon. In the meantime, they can have high aspirations to be Disney – like, and one day they might get there…. So, unless they have Aladdin’s Lamp, they’ll just have to wish upon a star.