DirecTV may cancel future WWE PPV events
In WWE's release sent out earlier today, it noted that they would continue to offer PPVs via traditional televised means, but said that it is possible companies may not continue to carry them.
The contracts that inDemand and DirecTV have with wrestling companies, boxing companies and UFC are that the PPVs can't be put on the Internet for a lower price than is being charged by the cable companies, so they aren't undercut.
Obviously, putting PPV's as part of the new WWE network package would significantly undercut the price, and if they allowed WWE, a third place competitor in the pay-per-view market to violate that longstanding agreement, they would be powerless against the big two, the major boxing events and UFC.
DirecTV released a statement today to the Los Angeles Times which stated:
"Clearly, we need to quickly re-evaluate the economics and viability of their business with us, as it now appaers the WWE feels they do not need their PPV distributors."
DirecTV claimed in the release that the WWE has been in a steady decline on PPV (actually the first half of this year was far stronger than in past years, but the last few months have been down).
They noted the network "will only accelerate this trend."
Vince McMahon claimed it would be foolish for cable companies to no longer carry WWE events, saying it is "found money for them."
In WWE's release sent out earlier today, it noted that they would continue to offer PPVs via traditional televised means, but said that it is possible companies may not continue to carry them.
The contracts that inDemand and DirecTV have with wrestling companies, boxing companies and UFC are that the PPVs can't be put on the Internet for a lower price than is being charged by the cable companies, so they aren't undercut.
Obviously, putting PPV's as part of the new WWE network package would significantly undercut the price, and if they allowed WWE, a third place competitor in the pay-per-view market to violate that longstanding agreement, they would be powerless against the big two, the major boxing events and UFC.
DirecTV released a statement today to the Los Angeles Times which stated:
"Clearly, we need to quickly re-evaluate the economics and viability of their business with us, as it now appaers the WWE feels they do not need their PPV distributors."
DirecTV claimed in the release that the WWE has been in a steady decline on PPV (actually the first half of this year was far stronger than in past years, but the last few months have been down).
They noted the network "will only accelerate this trend."
Vince McMahon claimed it would be foolish for cable companies to no longer carry WWE events, saying it is "found money for them."
.... this isn't gonna hurt me streaming this shyt right? Rumble and Mania are the only ppvs I really buy and by "buy" I mean going to buffalo Wild Wings to watch the ppv for free as I eat half decent wings 
and 
at once....
