WWE announces network subscription number

[FreshAIG]

Pretty terrible number considering all the hype

For Immediate Release

WWE® NETWORK ON TRACK TO 1 MILLION SUBSCRIBERS


STAMFORD, Conn., April 7, 2014 – WWE (NYSE: WWE) today announced that WWE Network has 667,287[1] subscribers and is well on its way to reaching its goal of 1 million subscribers by the end of 2014 just 42 days after launching in the U.S., making it the fastest-growing digital subscription service. This announcement comes following a historicWrestleMania® 30, which aired live on WWE Network as well as on pay-per-view through satellite and cable providers from a sold-out Mercedes-Benz Superdome in New Orleans.


WWE Network launched on February 24 in the U.S. and will be rolled out in Canada, the U.K., Australia, New Zealand, Singapore, Hong Kong and the Nordics in late 2014/early 2015.


WWE Network is the first 24/7 streaming network that provides access to live and scheduled programming, including all 12 live pay-per-view events, as well as the most comprehensive video-on-demand library. Available for only $9.99 a month – with a six month commitment – fans can subscribe to WWE Network at WWE.com. WWE Network is available on connected devices including Apple TV, Roku streaming devices, Sony PlayStation® 3, Sony PlayStation® 4 and Xbox 360. WWE Network is also available through the WWE App on iOS devices, including Apple iPad and iPhone, Amazon’s Kindle Fire devices and Android devices as well as on desktops and laptops via WWE.com.

 

[Golayitdown]

Good news. Didnt expect 1 million anyway.


I'll be singing their praises for the entirety of my 6 month commitment based on how well the Mania stream held up...

 

[CJ]

That is amazing, and that's excluding Canada/UK who have yet to get a taste of this piff ()

They will hit that mark EASILY.

 

[Da King]

Honestly, for the PPVs alone it's worth it for not having to deal with shytty bootleg streams. Had my bro watching it from his place on my account at the same time also, easily get your money's worth

 

[Jmare007]

I don't know why some people were expecting 1 million or more to be honest. Sometimes I feel they just set stupid high expectations just so they can shyt on whatever number WWE ends up having (being ratings, buyrates or in this case, subscribers)

667k ain't all that but it's not terrible and doesn't merit all the doom and gloom I've been reading in other places


If they book a great Summerslam I'm pretty sure they are reaching 900k-1 million thanks to the Mania stream going almost flawlessly and word of mouth catching on.

 

[Brad Piff]

almost 700k is a terrible number? lol

 

[Riley Escobar]

Pretty terrible number

 

[Swiggy]

Wait till daddy Vince gives them overseas markets that good-good

 

[Golayitdown]

I don't know why some people were expecting 1 million or more to be honest. Sometimes I feel they just set stupid high expectations just so they can shyt on whatever number WWE ends up having (being ratings, buyrates or in this case, subscribers)

667k ain't all that but it's not terrible and doesn't merit all the doom and gloom I've been reading in other places

shyt they ain't hitting even close to 400k for the non Maina events throughout the year so 1 Milly was stupid high.

Wonder how much better this is for them compared to what they take home after breaking off the cable/satellite middle men?

 

[Golayitdown]

almost 700k is a terrible number? lol

And they haven't even hit worldwide yet

 

[FreshAIG]

Good news. Didnt expect 1 milluon anyway.


I'll be singing their praises for the entirety of my 6 month commitment based on how well the Mania stream held up...

It's not good news. The stock has fallen immensely today since the news broke. The number is not good at all. And this is with the WM people, who are more than likely gonna cancel their subscription after the 6 months is up. There's nothing coming up that's gonna build fans interest like that to order the network. I'm a dieheard fan and even I barely find myself watching it. People who really don't care about the current product, with WM over, probably gonna get rid of it once Summerslam is over. Maybe I'm wrong but I don't think so

 

[Riley Escobar]

So for all you US dudes was the only way you could watch Mania through the WWE Network? Or was it available on PPV shyt through cable companies too?

 

[nomoreneveragain]

If they get about 400K ppv buyrate this will probably be the most profitable Mania ever for them

So for all you US dudes was the only way you could watch Mania through the WWE Network? Or was it available on PPV shyt through cable companies too?

You can order it via PPV too

 

[FreshAIG]

You can wear your WWE fanboy glasses all you want, the number is very bad. They promised 2 million before the year is over, there's not a chance in hell they even break a million before the end of the year at this rate. The ONE PPv that would get a large portion of people to subscribe just passed and they couldn't get 1 million but all of the sudden by October they're gonna have nikkas buying it, why, so they can see Battleground? Lmao.

The announcement this morning of only 667,287 subscribers to the WWE Network has led to massive stock selling. As of this moment, the stock has dropped $6.07 to $21.97 per share.

The number shocked people internally who were led to believe the network was doing far better than that. The number had been kept secretive from almost everyone, but at business meetings over the weekend with companies they work with, they pushed the Monday announcement hard and in a positive manner.

 

[FreshAIG]

almost 700k is a terrible number? lol

Yes. It is. That's why the stock took a MASSIVE fall today. They were expecting at least 400K more than that