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"The World closes down"

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Sat 01/03/03 at 09:01
Regular
Posts: 787
Hey everyone, sorry I haven't been around for the past week, I've been busy with other things, so I would just like to say that No Way Out was the best PPV I've seen for a long time. Anyhoo, basically I wanted to tell you that WWE The World will be officially closing down April 27th. I can't be bothered explaining it all to you so I've left you an article from ProWrestling.com, I site I'm sure a lot of you will be familiar with:

World Wrestling Entertainment announced today that they would be closing their Times Square restaurant, The World, and that it would be taking a $32.9 million loss on the facility. The restaurant will close today, and WWE New York will close on April 27th.
In a press release, Linda McMahon claimed they will reallocate resources to growth of global business instead of focusing on a single site local project.

Because of the facility loss, WWE lost $26.7 million for the quarter. Despite the large losses, the company is still estimating an annual gross of $370 million to $375 million and annual profits for the fiscal year, which ends at the end of April, of $27 million to $30 million.

...nuff said.

P.S) WWE is going out of business don't you think? It'll serve Vince right for bringing in all those new wrestlers that he has to pay for being cr@p. Well, good luck Vince! You're gonna need it!
Tue 04/03/03 at 19:50
Regular
"Guess who..."
Posts: 1,134
Old news - shmold news. Still news all the same.

'There is no news...there's no news. Unless its good news but we have no news so...good.'
Sat 01/03/03 at 11:57
Regular
Posts: 11,597
Old news dude.

Nah, crap food anyway, no?
Sat 01/03/03 at 10:12
Regular
"sdomehtongng"
Posts: 23,695
Ah well.
Sat 01/03/03 at 09:01
Regular
"Guess who..."
Posts: 1,134
Hey everyone, sorry I haven't been around for the past week, I've been busy with other things, so I would just like to say that No Way Out was the best PPV I've seen for a long time. Anyhoo, basically I wanted to tell you that WWE The World will be officially closing down April 27th. I can't be bothered explaining it all to you so I've left you an article from ProWrestling.com, I site I'm sure a lot of you will be familiar with:

World Wrestling Entertainment announced today that they would be closing their Times Square restaurant, The World, and that it would be taking a $32.9 million loss on the facility. The restaurant will close today, and WWE New York will close on April 27th.
In a press release, Linda McMahon claimed they will reallocate resources to growth of global business instead of focusing on a single site local project.

Because of the facility loss, WWE lost $26.7 million for the quarter. Despite the large losses, the company is still estimating an annual gross of $370 million to $375 million and annual profits for the fiscal year, which ends at the end of April, of $27 million to $30 million.

...nuff said.

P.S) WWE is going out of business don't you think? It'll serve Vince right for bringing in all those new wrestlers that he has to pay for being cr@p. Well, good luck Vince! You're gonna need it!

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