Skip navigation
MOST POPULAR RELATED TAGS
  • TOPICS
  • SECTORS
  • COMPANIES

MAD MONEY FEATURES

Podcasts PODCASTS
Watch the Lightning Round whenever and wherever you want.




Widget OFFICIAL MAD MONEY WIDGET
Grab this all-in-one application and get recaps of the show sent right to your desktop or blog.




Soundboard CRAMERS SOUNDBOARD
Admit it: You've always wanted to hit the "They
know nothing!" button. Here’s your chance.




Mad Money PhotosCHECK OUT OUR PHOTOS
Check out Cramer on set, back to school, behind the scenes and more.




ShopSHOP FOR MAD MERCHANDISE
Buy Cramer books, bobbleheads and other Mad Money merchandise.




Ringtones RING TONES
Pick up the phone! It's Cramer! New Mad Money sounds for your cell phone.




Mobile AlertTEXT MESSAGE ALERT
Mad Money's mobile. Get show highlights sent to your phone.







Text Size
Mar.12
2:04 PM ET
Wednesday, 12 Mar 2008
Cramer Gets Raw With WWE



WWE
CEO Linda McMahon’s visit to Mad Money Tuesday was notably tamer than the professional wrestling spectaculars for which her company’s known. Instead of schooling Cramer on the finer points of pile drivers and body slams, she explained why her firm’s a true intercontinental champion.

Business overseas is “one of our big growth areas,” McMahon said. That’s no surprise considering WWE [WWE  Loading...      ()   ] has offices in Shanghai, Tokyo, Sydney, with one coming in Sao Paulo, Brazil. WWE also has brought its special brand of in-your-face entertainment to Latin American and there’s another live-event tour planned for Western Europe this summer. No wonder international growth was up 25% last quarter.

But that doesn’t mean growth in the U.S. has stopped. The average attendance for live events here in the States is still growing, McMahon said, and there’s room to grow in the pay-per-view space.

WWE knows how to deliver for its fans, and the company hasn’t forgotten its investors, either. In fact, it recently boosted its dividend by 50% – but only for public shareholders, and not for the McMahon family, which owns 70% of the company’s stock.

One problem the company does seem to have is getting Wall Street to notice it. McMahon admitted she has to do a better job of trumpeting the WWE story. Between the live events, home video sales, pay per view and more, “this is a really great core media business, and I don’t think that’s looked at very often,” she said. “We have to get our story out there.”

Want more deets? Check the vid.

Questions for Cramer?

Questions, comments, suggestions for the Mad Money website?

© 2009 CNBC, Inc. All Rights Reserved

Tools:
PrintEmailAdd This share icon
Next Post
  • digg share
ADD COMMENTS
Remaining characters


Current DateTime: 02:42:15 22 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 02:42:15 22 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 02:35:20 22 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 02:35:20 22 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters