World Wrestling Entertainment Shares Hit Rock Bottom in 2019, but Can It Kick Out of the Slump?

World Wrestling Entertainment (NYSE:WWE) shares dropped 36% to $63.50 from April to August 2019, before stabilizing for several months. Following Q3 earnings, the stock sank again, this time dropping 18% to $55.70. The initial decline followed an earnings report that included falling revenue across multiple segments and net losses, which the sports entertainment company attributed to on-air talent missing time due to injuries. While company management pointed to returning wrestlers and the launch of televised events on Fox (NASDAQ:FOX) as reasons for optimism later in the year, Q3 earnings showed continued weakness. Quarterly revenues once again fell 1.1% year-over-year,…

3 Things To Know About The Rise Of Impact Entertainment

Social consciousness is a larger part of the public consciousness than ever before. As such, brands, media companies, and corporations are seeking to connect with the country’s ever growing, socially conscious consumer base in the emerging category of impact entertainment: media at the cross section of traditional entertainment and content that sheds light on social issues and impact. SoulPancake and Participant Media, in partnership with Brand Storytelling, set out to capture the marketing community’s perspective and thoughts surrounding the use of traditional entertainment to spotlight and impact issues like climate…

PHOTOGRAPHER RICHARD PARRY SHOWS THE INNOVATION OF CONSUMER TECH FROM THE INSIDE OUT

There’s a special type of anxiety that comes from taking apart a piece of tech. Whether you’re opening up a red-ringed Xbox 360 or replacing the RAM on your MacBook Pro, you can’t escape it. There’s always a fear of bending a pin, shocking a board, or putting it all back together only to realize you have one tiny screw left over. Auckland, New Zealand-based photographer Richard Parry channels this fear in his beautifully shocking Some Assembly Required photo series. Parry tears apart the most iconic tech from the past few decades and displays…