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WWE news: WWE Network subscriber numbers disappoint, changes announced
October 30, 2014
Today is the day that a lot of people have been waiting on as the WWEannounced their updated subscriber numbers for the WWE Network. The increase in subscriber numbers was nowhere near what many hoped, and this has caused the WWE to make a big change to the subscription model for the WWE Network. According to PWInsider on Thursday, the WWE only added 31,000 subscribers in the third quarter and have chosen to eliminate the six month commitment that they originally required.
In the beginning, a six month commitment was required to sign up for the WWE Network. In their last update, the WWE added a $12.99 price point for month-by-month subscribers, with the six-month plan still costing $9.99. Now, the $12.99 plan has been eliminated and starting in December, the WWE Network will by $9.99 for everyone with no commitment, similar to Netflix and Hulu Plus.
The new WWE Network subscription numbers sit at 731,000 active subscribers. This is just an addition of 31,000 subscribers in the third quarter, with 30,000 of the new subscribers coming from international subscribers as the company continues to roll out the WWE Network across the world. The WWE released their Earnings Release, and stated that they had brought in 286,000 new subscribers, meaning that the difference between numbers involved a number of original subscribers not renewing.
Read more: http://www.examiner.com/article/wwe-news-wwe-network-subscriber-numbers-disappoint-changes-announced
October 30, 2014
Today is the day that a lot of people have been waiting on as the WWEannounced their updated subscriber numbers for the WWE Network. The increase in subscriber numbers was nowhere near what many hoped, and this has caused the WWE to make a big change to the subscription model for the WWE Network. According to PWInsider on Thursday, the WWE only added 31,000 subscribers in the third quarter and have chosen to eliminate the six month commitment that they originally required.
In the beginning, a six month commitment was required to sign up for the WWE Network. In their last update, the WWE added a $12.99 price point for month-by-month subscribers, with the six-month plan still costing $9.99. Now, the $12.99 plan has been eliminated and starting in December, the WWE Network will by $9.99 for everyone with no commitment, similar to Netflix and Hulu Plus.
The new WWE Network subscription numbers sit at 731,000 active subscribers. This is just an addition of 31,000 subscribers in the third quarter, with 30,000 of the new subscribers coming from international subscribers as the company continues to roll out the WWE Network across the world. The WWE released their Earnings Release, and stated that they had brought in 286,000 new subscribers, meaning that the difference between numbers involved a number of original subscribers not renewing.
Read more: http://www.examiner.com/article/wwe-news-wwe-network-subscriber-numbers-disappoint-changes-announced