In an update on WWE’s third quarter earning results, Benzinga have an article at this link about WWE announcing their results, featuring quotes from Lemelson Capital Management Chief Investment Officer Emmanuel Lemelson who talked about the stock in March and acquiring a new stake in the company in April and said that while the WWE has poor fiscal management, they have excellent creative management stating, “the fact is you could give $1 billion to just about any management team in the world and they would have a very hard time recreating the WWE franchise — even given nearly limitless time — in terms of its extraordinary brand strength and customer loyalty.

Lemelson said that the WWE isn’t likely to meet their WWE Network projection of 1 million subscribers for 2014 and believes that it doesn’t necessarily matter if they hit their goal for the Network, because he thinks that the McMahon family are interested in selling the business, providing shares protection from further downside.

More details are available at this link.