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NBCU COMMENTS ON A POTENTIAL WWE ACQUISITION

By Paul Jordan on 2023-01-26 12:08:00

During today's Comcast earnings call, NBCUniversal CEO Jeff Shell was asked about a possible merger and acquisition for the conglomerate with particular reference to WWE.

While WWE was not mentioned by name the following was said: 

"We are always looking for bolt-on acquisitions that bolster our businesses. Two examples: we bought DreamWorks [Animation]… and it has been paying off steadily since our acquisition. Just now, with Puss In Boots [The Last Wish], which is a big hit at the box office and really our entrance back into the Shrek universe, continues to make that acquisition look really favorable, And our Blumhouse investment over time, where we’re partners with Jason Blum, and we have a big hit, M3GAN, this month, which is coming out of that investment.”

Deadline has a story on it, which you can read by clicking here.

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