wrestling / News

WWE News: WWE Heading to Europe This Week, Notes on Possible TV Deal Announcement & WWE Stock

May 12, 2014 | Posted by Larry Csonka

– Following tonight and tomorrow’s TV tapings, WWE heads to Europe for almost two weeks of events.

– NBC Universal has their upfront presentation this Thursday, and the impression is that WWE TV will be staying with the NBC Universal brand. Nothing has been confirmed at this time, but the feeling is that we’ll know something on Thursday; either NBC Universal will announce WWE is staying, or they won’t and that will mean WWE is moving on.

– It will be interesting to see how the WWE stock is impacted by the potential announcement. Once the WWE announced the sub-700,000 network subscribers, the stock started to drop. As of today, the stock is down over $10 since then, trading at $17.99.

Credit: Pwinsider.com

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Larry Csonka