Survivor Series scrapped?

Saw this off of PWTorch on twitter today, during the forth quarter conference call by Vince McMahon to the shareholders he stated that the Survivor Series Pay-Per-View (PPV) is going to be scrapped and replaced by another gimmick PPV.

https://i0.wp.com/www.twistersworld.com/images1/wwe/suse07a.jpg?resize=566%2C425

from pwtorch.com:

WWE News: Survivor Series PPV will be scrapped in 2010, says Vince McMahon

Feb 11, 2010 – 10:46:19 AM

By James Caldwell, Torch assistant editor

WWE Chairman/CEO Vince McMahon said on today’s quarterly conference call with investors that the Survivor Series PPV will be scrapped in 2010 after WWE determined the concept is “obsolete.”

“We think Survivor Series is obsolete,” McMahon said. “It worked many, many years ago. It was one of the original four, but it’s outlasted its usage.”

McMahon added that Survivor Series will be re-branded in 2010 and the title will be going away.

“It’s one of the PPVs we will be looking at in terms of re-branding. We will no longer have that title anymore,” McMahon said.

Survivor Series 2009 was down 26.3 percent compared to the 2008 event. In WWE’s fourth quarter, three re-branded PPVs were up in PPV buys, with Survivor Series being the only PPV that was down.

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