Speaking on LightShed Live, Nick Khan talked about how WWE will be aggressive in its aim to cut costs following the company’s deal with Endeavor.
“If you look at what Endeavor was able to take out cost-wise from UFC in 2016, or shortly after that deal was done, we have the same expectation here. We think 50 [million] is a really, really conservative number. We have integration teams that are being formed now. We’re gonna get those in shape.
“I think we’ll have a better sense of it in a month or two, but we’re gonna be pretty aggressive with them to make sure that, for our shareholders, for our company, our organization, is as lean and mean as possible, and we’re gonna rely on that Endeavor flywheel to make up the rest
On April 3, an agreement between WWE and UFC’s parent company, Endeavor, was officially announced.
Author: Craig Smith
FOLLOW US ON FACEBOOK
FOLLOW US ON TWITTER
Photo Credit: WWE
One Stop Wrestling 