It looks like WWE have an interest in buying out smaller wrestling companies.
Recently, in the Q3 earnings call, Stephanie McMahon mentioned that mergers and acquisitions are one of the areas for potential growth. During a recent appearance at the Wells Fargo TMT Conference with analyst Steven Cahall, McMahon was asked about this.
Ste“Just to give some examples of what I meant by that, [an acquisition] has to align with our capabilities, whether that’s smaller wrestling promotions, say, internationally,” McMahon said.
Stephanie McMahon
WWE’s strategy to purchase wrestling promotions around the world could fit in well with their plans for “global localization” where performance centers will be set up to train the local market. Time will tell if WWE will be able to purchase other companies.
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