During a recent appearance on CNBC’s “Closing Bell”, WWE Co-President George Barrios was asked why WWE hasn’t been bought by someone like Disney, Comcast or AT&T.
Below is what George Barrios commented:
“They’re all smart, they’re all doing great things, I’m sure they’re going to be really successful. We’re happy with our strategy. I’ll quote our Founder, Chairman and CEO, who said we’re always open for business, and speak to people about interesting ideas, but we’re going to keep doing what we’re doing.”
George was also asked if WWE has any direct competitor and below is what he said: “Well in our world, which is entertaining people, everything that puts a smile on someone’s face or gets their attention is a competitor. I always say the best thing I’ve ever heard was Reed Hastings describing competition. He said sleep is competition.
What we hope, we did almost 6 billion hours of video consumed around the world in 2018, is that we can cut through the clutter. So if we have enough fans saying, ‘Hey I want to get my WWE,’ we think we can cut through the clutter.”
Source: Closing The Bell, WWF OLD SCHOOL