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Following the release of their Q2 earnings report, WWE executives held an investors call speaking on company financials.
When asked about All Elite Wrestling acquiring former WWE talent, McMahon made it clear he doesn’t believe they are competition for WWE in the same sense as WCW in the 90s.
McMahon also stated he’s not sure about AEW’s future in talent acquisition, but mentioned WWE could possibly give them some more names to add to their roster.
“It’s certainly not a situation where it’s rising tides because Ted Turner was coming after us with all of Time Warner assets as well. It was a different situation. AEW is where they are. I don’t really know what their plans are, all I know is what our plans are. I don’t consider them competition in the way that I considered WCW back in the day. Not even near close to that. I’m not so sure what their investments are as far as their talent is concerned. Perhaps, we can give them some more.”
WWE President Nick Khan compared the situation to being in a horserace, and staying in their own lane, ahead of the pack. He did state he believes everything is competition including sleep.
“The way we look at these situations, it’s sort of like a horserace where the horse has blinders on. We’re looking straight ahead and in our lane and making sure we stay in front of the pack. At the same time, everything is our competition. Someone had a line a couple of weeks ago that we chuckled about, ‘sleep is our competition.’ If it was up to us, people would be up 24 hours a day watching content from different content providers, hopefully, including ours. We don’t look at any organization particularly as competition, yet we see everything as competitive in terms of what we’re trying to do in terms of eyeballs.”
You can read WWE’s Q2 earnings report here.