Major Backstage Update: The WWE Network Plans
By Ryan Clark on July 1, 2012
Source: The Wrestling Observer Newsletter
DirecTV is said to have no interest in carrying the new WWE Network pulling around 30% of revenue away from the company. A variety of cable carriers are reportedly not interested in paying a per subscriber rate for the channel, something WWE was hoping to rely on for profitability.
As reported earlier, one scenario discussed would be to charge a subscription fee directly to the consumer like HBO or Showtime. WWE has already attempted this with the 24/7 On-Demand service and could run the risk of losing more on the network than they earn in profits.
WWE has yet to commit to a date publicly although November appears to be the launch. Some believe we won’t see the WWE Network launch until early 2013.
We’ll keep you posted as we hear more.
Posted in: WWE News
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