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Will WWE Sink or Swim?


Will WWE Sink or Swim?

World Wrestling Entertainment (NYSE: WWE) finds itself stuck between two worlds. The company has been a pioneer when it comes to digital delivery, but it's still reliant on its cable deal with Comcast (NASDAQ: CMCSA) for about a third of its total revenue.

The challenge for the company is that growth for its streaming network looks hard to come by while its television deal remains a question mark going forward. Both could turn out very well, but one of the two has the potential to be a big disaster.

The changing television market could hurt WWE. Image source: Getty Images.

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Source: Fool.com

World Wrestling Entertainment Inc. Stock

€93.70
2.620%
World Wrestling Entertainment Inc. gained 2.620% today.

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