Wednesday 15 October 2008

News from WWE

WWE makes Forbes 2008 list of "200 Best Small Companies"

World Wrestling Entertainment has made Forbes 2008 list of "200 Best Small Companies." WWE is listed at #122. We were among 37 newcomers to the list.

Forbes annual list of Best Small Companies identifies the strongest small public outfits. To qualify, companies must have sales between $5 million and $750 million and a stock price of $5 as of Sept. 29. The ranking is based on return on equity, sales growth and profit growth over the past 12 months and also over five years. Forbes also compares company stock performance with industry peers.

It's a family affair at WWE (No. 122). Vincent McMahon is a regular character in the company's live televised matches. (He got his head shaved last year by Donald Trump, after the Battle of the Billionaires). His wife, Linda, is chief executive. Together the family owns 66% of the Stamford, Conn., company. Its popular WrestleMania in March featured 147-pound boxing champion Floyd Mayweather going up against 441-pound wrestler Paul (Big Show) Wight. Mayweather won by a knockout, with the help of a metal folding chair and a pair of brass knuckles.

To see an interview with Linda McMahon on Forbes.com, go to: http://www.forbes.com/video/?video=fvn/ceo/js_ceowwe100808

For the general article, go to:
http://www.forbes.com/entrepreneurs/2008/10/08/best-small-companies-ent-200smalls08-cz_kb_cs_1008intro.html

For the brief on WWE, go to:
http://www.forbes.com/2008/10/08/best-new-companies-ent-200smalls08cz_kb_1008new_slide_7.html?thisSpeed=15000

WWE Stats Page:
http://www.forbes.com/lists/2008/23/biz_200smalls08_World-Wrestling-Entertainment_76AO.html

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