WWECEO Nick Khan said Wednesday the company isnt impacted by the WGA strike that started Tuesday.
Our writers are not members of the guild, so there is no effect on us whatsoever.
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As Paramount Global reports earnings Thursday morning, and Warner Bros.
WWE
Discovery on Friday, investors will be on high alert for strike-related commentary from CEOs.
Their style is not strange to us.
Were trying to exit the deal as quickly as we can, said CFO Frank Riddick on the call.
Meanwhile, WWE is focus on domestic media rights renewals with Fox and NBCUniversal.
Khan wouldnt put a timeframe on talks but said conversations are productive.
But we are bullish, he said.
The current partners have a one-month exclusive negotiating window.
WWE, controlled byVince McMahon, and Endeavor under CEO Ari Emanuel announced their merger last month.
(Excluding that, free cash flow for the three months was positive $9 million.)
We are off to a strong start in 2023.
