The Bottom Line: Why would the Saudis give such a lucrative deal to the WWE? - Page 2 - Wrestling Forum: WWE, AEW, New Japan, Indy Wrestling, Women of Wrestling Forums

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post #11 of 19 (permalink) Old 06-22-2019, 08:33 PM
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Re: The Bottom Line: Why would the Saudis give such a lucrative deal to the WWE?

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Originally Posted by deadcool View Post
I fail to see how spending $45 million per year on a company whose reputation is about as bad as the Saudi government themselves that showcases an incorrigible and useless product whose audience is diminishing as time goes by helps them in any shape or form, or provide any kind of an ROI to them.

If in fact they are trying to diversify their economy i,e look for other ways to make money aside from selling oil, ROI is a critical factor which for some weird reason the Saudis are ignoring.

All of this looks and sounds like the Saudis got duped/conned by the WWE.
Judging by how much money Saudi Arabia is throwing around, my guess is that they are desperate for any type of positive PR, especially PR that gets them in the American mainstream. I'm quite positive that they're using the WWE as a means to get themselves promoted and to possibly lure other big fishes in the American entertainment sector out of the pond and into their country.

The WWE may not be their end goal, but it's not entirely a bad start. With the WWE's lucrative TV deals with FOX and USA Network, Saudi Arabia is soon going to have their country being promoted on two of the biggest networks on TV all in thanks to the WWE.

Is Saudi Arabia overpaying for the WWE's presence? Yes. But they're also overpaying for a lot of things like that $3.2 billion shopping mall they're currently constructing.
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post #12 of 19 (permalink) Old 06-22-2019, 08:34 PM
 
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Re: The Bottom Line: Why would the Saudis give such a lucrative deal to the WWE?

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Originally Posted by UniversalGleam View Post
they like testing the human body by giving wwe millions of dollars to bring in 50+ year old men with destroyed bodies to wrestle like its 1997.
The guy who still carries the torch for freaking OASIS is mocking others for pretending it's 1997.

That is irony worth appreciating.
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post #13 of 19 (permalink) Old 06-22-2019, 10:42 PM
 
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Re: The Bottom Line: Why would the Saudis give such a lucrative deal to the WWE?

For the same reason they got a 1 billion dollar deal with FOX, to promote propaganda.

Saudi deal: promote pro-Saudi bullshit.

FOX deal: spread American SJW propaganda to the world. This is why WWE have been so focused on the women's division in 2019. Despite the fact that it has only tanked their ratings.
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post #14 of 19 (permalink) Old 06-23-2019, 12:57 AM
 
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Re: The Bottom Line: Why would the Saudis give such a lucrative deal to the WWE?

Maybe because the people of Saudi Arabia want to see WWE wrestling too..You know, just maybe..



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post #15 of 19 (permalink) Old 06-23-2019, 01:27 AM
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Re: The Bottom Line: Why would the Saudis give such a lucrative deal to the WWE?

Bread and circuses.

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post #16 of 19 (permalink) Old 06-23-2019, 01:55 AM
 
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Answer: To continue them Undertaker matches!

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post #17 of 19 (permalink) Old 06-23-2019, 05:39 AM
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Re: The Bottom Line: Why would the Saudis give such a lucrative deal to the WWE?

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Originally Posted by SomewhereElse View Post
The guy who still carries the torch for freaking OASIS is mocking others for pretending it's 1997.

That is irony worth appreciating.
thats just a moronic comment at the end of the day isnt it? There is a difference between appreciating something from the past and forcing it out there when it risks breaking its neck.

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post #18 of 19 (permalink) Old 06-23-2019, 05:49 AM
 
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https://www.france24.com/en/20180222...-entertainment

https://www.reuters.com/article/us-s...-idUSKCN1PG2NY

Btw op your numbers are wrong. Mania generates over $20 million annually if you include ticket sales, merch sales, ppv buys and that including network subs.
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post #19 of 19 (permalink) Old 06-23-2019, 08:00 AM
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kobe Re: The Bottom Line: Why would the Saudis give such a lucrative deal to the WWE?

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Originally Posted by *Eternity* View Post
Saudi Arabia's deal with the WWE is actually a part of a much larger plan to improve Saudi Arabia's reputation as well as to diversify its economy. This plan is referred to as "Saudi Vision 2030". Saudi Arabia's economy is dependent on oil and only oil. Having an entire economy dependent on one commodity is never a good thing. (Look at Detroit, Michigan before and after the auto industry left.)

To rectify this problem, Saudi Arabia is spending a shit ton of money (we're talking about $50+ billion) to decrease their dependency on oil, by developing the other sectors in the country from education, infrastructure, tourism, health, military, and entertainment.

Their deal with the WWE falls under the entertainment sector. While Saudi Arabia may not get any financial benefits from working with the WWE directly, they do however get something more valuable from them, and that is publicity and advertisement in all the markets that the WWE is currently in.

Also, the millions that the WWE is getting from Saudi Arabia is nothing compared to their other projects. One of the country's projects calls for the construction of a $3.2 billion shopping mall. So evidently, throwing around excessive money is not a concern for them.
Excellent post. Summed it up as well as I could have. Nicely done.

Quote:
Originally Posted by deadcool View Post
I fail to see how spending $45 million per year on a company whose reputation is about as bad as the Saudi government themselves that showcases an incorrigible and useless product whose audience is diminishing as time goes by helps them in any shape or form, or provide any kind of an ROI to them.
The cost of a commodity is relative to your own personal wealth. The new Aston Martin that costs $200,000 is a fantasy for one person and a pittance to the next. The Saudis have a preposterous, stupendous amount of money in the bank. If they can plant the seed in WWE viewers' minds that Saudi Arabia is more than just another Islamic desert death trap, then bully for them. If they can't, eh, it's a financial drop in the bucket and we all move on.
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