Ex Con With A Heart Of Gold
Join Date: Mar 2010
Re: Whatever Happened To The WWE Network?
Their "break even point" is 1 million subscribers. WWE Classics on Demand doesn't even get 100,000. Their top tier PPVs do like, 300,000 to 500,000, basically.
At this conference call they acknowledged the "huge cost" of the PPVs and then talked about "cannibalization." That is, people would go to the Network for 12 dollars instead of buying the PPV for 45. At 1 million people, they said that costs them 10 million dollars.
Well, how about you go to a 10 a year schedule and knock a little money off the cost? Say, make it a flat 40, 50 for Mania? If you'll lose the money anyway. The people who buy all of 'em would like to save 200 a year. See, right now 1 WWE PPV costs going to the top 4 movies of the year, buying the top 5 paperbacks of the year/downloading them or an entire month of internet. Nobody is gonna pay 45 dollars for the fuckin' PPV when they can watch it on the internet that I pay 35 dollars a month for. Over 600 dollars of cost, not worth, of PPVs a year basically forces me to stream and download and no I don't feel bad. WWE is screwing WWE on their pricing.