WWE Network Numbers Not Great
And
The number really doesn’t surprise me that much. The commitment going away is going to help as well. $60 sounds like a lot of money to some people and it might be more than they’re willing to spend. You cut that down to $10 a month where you can drop it at any time and see if the number doesn’t go up. Couple in Christmas coming up (“Mommy please can I have the Network? I’ve wanted it all year!” “Maybe Santa will bring it for you honey.”), the big season beginning and the new advertising money coming in (quick math: they need 1 million subscribers to break even right? Let’s say, and I’m making this number up, they make $1 million in advertising. That’s 10% of what they need a month already. That adds up quick) and things are going to improve.
It does amuse me that we’re seeing a complete change in the company’s business model and the detractors are laughing their heads off when it’s not perfect a mere eight months in. These are the tweaks that everyone iwth a brain knew were coming and they’ll make a big difference. The cost of running things are going to go down and the deficit will go with it. This is normal business and they’ll find a balance.