Wrestling News Report 22/12/2012
WWE Responds To THQ Bankruptcy Filing
WWE sent out the following today, regarding the THQ bankruptcy filing…
WWE Responds To THQ Filing
STAMFORD, Conn.–(BUSINESS WIRE)– WWE (NYSE:WWE) is listed in THQ, Inc.’s recent bankruptcy filing as an unsecured creditor holding a claim of approximately $45 million reflecting the entirety of the existing multi-year agreement.
Any impairment of a current THQ account receivable would be immaterial to WWE’s financial statements. Even if the impact of THQ’s bankruptcy were detrimental to WWE, the Company does not believe that the ultimate economic impact for financial statement purposes would materially and adversely affect the results of operations or financial position of WWE in light of the strength of the WWE brand and the historical performance ofWWE’s video game business.
WWE Announces Vote Totals For The Slammy Awards
WWE has revealed the total votes for the Slammy Awards, which you can see below. The company said that the total Slammy votes cast totalled over 583,000:
* Kiss of the Year = 95,581
* Superstar of the Year = 93,805
* LOL Moment of the Year = 81,131
* Trending Now Award = 74,386
* Match of the Year = 70,568
Survivor Series PPV buys
WWE’s Survivor Series PPV drew an estimate of 212,000 buys, according to WWE’s updated monthly business figures released Friday.
The PPV featured a sudden line-up change to C.M. Punk vs. John Cena vs. Ryback for the WWE Title, replacing a traditional Survivor Series match in the main event. This was Ryback’s second WWE Title match on PPV, following the TLC PPV, which WWE said last month drew an estimate of 200,000 buys.
The final numbers for both PPVs – and the December TLC PPV – will be released in early 2013 when WWE announces fourth quarter earnings results.
Barring a sudden increase in the final 2012 Survivor Series total, this year’s event will fall well short of last year, which drew 281,000 buys for The Rock’s in-ring return teaming with John Cena. Also, the 2010 edition drew 244,000 buys.