Is losing 7-10 Million Dollars in profit something the WWE can sneeze at?

Quote:

Originally Posted by WWE Conference Call -They expect a $7-$10 million loss for the second quarter of this year

The WWE held a conference call for its first quarter financials and according to their records, they expect a 7-10 million dollar loss in the second quarter. One is to assume that with the launch of the WWE Network and other things generating revenue, that things will pick up and profits will rise.



Other revenue streams are good, and making a profit, including house shows.



What's everyone think of this news? Any cause for concern at all for the WWE, or do they have too many revenue streams for a 10 million dollar loss during a quarter to matter?