Some rumors floated around this week that WWE was looking to sell their entire tape library to Warner Bros. That caused a lot of gullible fans to believe that Vince McMahon was giving up on the WWE Network. Rumors are false, as the article was filled with quite a bit of inaccuracies, including the statement that Cinadigm was the actual owner of the footage.
September 12, 2014
Despite losing millions and millions of dollars, Vince McMahon still has a way of generating hope among investors. WWE stock is currently on the rise, and the reported reason for that is because people think that the subscribers count for the WWE Network is expected to skyrocket since it has now been launched internationally. Management has not been promoting the international launch too hard for fear of being accused of misleading investors again.
September 9, 2014
Before the WWE Network was shoved down the throats of fans on a weekly basis, the company was promoting a social media website called Tout. They constantly mentioned the service, and they had several of their performers utilizing it to interact with the fans. WWE invested approximately $5000 into the company and signed a two year agreement. Stephanie McMahon was even on their board of directors. It looks like the deal is now over, as reports has surfaced that WWE was not interested in renewing the contract.
September 3, 2014
With Night of Champions 2014 being a crucial pay per view in terms of drawing in WWE Network subscribers, management is going to be stacking the deck a bit. They knew that they needed their two biggest draws in the main event. That's why it has now been officially announced that John Cena has activated his rematch clause against Brock Lesnar, and the two will tangle again for the world heavyweight championship.
August 20, 2014
When Vince McMahon decided to take the WWE Network north of the border, they decided to partner up with Rogers Communications. That led to a lot of upset fans because the full online service was not being made available in that country. Rogers has now announced that they are working on a plan to bring the full WWE Network experience to their customers in the near future.
August 17, 2014
Apparently, there is a deal in place where the wrestlers are supposed to receive a portion of the money made from the WWE Network. No word yet on how big of a percentage that Vince McMahon is giving out. Unfortunately for the performers, though, no money is being paid out right now because the online service is losing a ton of money and forcing the company to release employees left and right.
August 15, 2014
The success of Guardians of the Galaxy has changed things up a bit backstage in WWE. It has given Batista a bit more leverage now that his name value has increased with the general public. Management is being careful with how they spend their money nowadays because of the major losses due to the WWE Network, but many feel that they would pay for Batista because he can bring a lot of attention to the company.
August 13, 2014
Reports have surfaced that the WWE Network has become the primary priority for Vince McMahon nowadays. He is obsessed with getting the online service launched internationally. McMahon is also looking into a lot of options on how to increase the subscribers count. The belief is that he feels that everything with the stocks will work itself out once he can show the shareholders that the Network can reach its full potential.
August 13, 2014
Fans in Canada have access to the WWE Network now, but it is not like what their counterparts in the United States are used to. Instead of it being an online service, Vince McMahon made a deal with Rogers that puts his product on television. Fans will have access to the scheduled programming, but they will not be able to browse through the catalog. It is also $11.99 instead of $9.99. In addition to that, Rogers is only available in a portion of the country, so everyone else is left out. That has caused some criticism from fans online.
August 13, 2014
Initially, rumors floated around that the WWE Network was going to be available on a monthly basis without commitment to subscribers for $19.99. However, it looks like Vince McMahon and company are going to reduce that down to $12.99. Many felt that doubling the price would be too much for people, so the new price was agreed upon. The belief is that a lot of subscribers who were on the six month commitment may switch over to the monthly plan.
August 12, 2014
It appears that a free subscription of the WWE Network is being given to employees who are being given a release from the company. Evan Bourne revealed that management gave him a full account when he was let go. The belief is that others were afforded the same benefit as well. Management is probably doing this as a way of keeping things well with departing employees.
August 10, 2014
Stephanie McMahon and Triple H have revealed a bit of news about the WWE Network that might help the company secure more subscribers. The real life couple stated that episodes of WCW Nitro are being added to the online service. There is a good amount of people who have been hesitant to sign up for the WWE Network because it lacked the full archive of former television shows.
August 6, 2014
After announcing the disappointing subscribers count for the WWE Network, management had to let quite a bit of employees go. Among them were fourteen members of the WWE Magazine staff. That effectively shut down internal operations and the publication has ceased. There are talks, though, that Vince McMahon could license out the publishing rights to an outside company.
August 5, 2014
One of the problems that Vince McMahon and company is trying to fix involves people sharing WWE Network accounts. There's a good amount of people doing that, and it has hurt the subscribers count a bit. Some backstage believe that they might have been closer to the million subscribers mark if people were prevented from doing that. Since the company has now public acknowledged the problem, look for a solution to come soon.
August 4, 2014
While there was a bit of rumblings backstage that WWE was going to pursue legal action against CM Punk for walking out of his contract, rumors are floating around that management is hesitant to do so. For starters, now might not be a good time to sink money into a lawsuit since there are so many employees being released. Secondly, Vince McMahon is really focused on the WWE Network at the moment, so a lawsuit might be a bit of a distraction from the CEO.
August 2, 2014
When Vince McMahon announced that they were releasing seven percent of their workforce due to the under performing WWE Network, many within the company feared for their jobs. Today, five developmental wrestlers were given their releases. Garrett Dylan, Travis Tyler, Slate Randall, Mac Miles and Dani Jackson are no longer under contract with WWE.
August 1, 2014
When the WWE Network first launched, the belief was that there were going to be quite a bit of people who canceled their subscription after the six month commitment expired. Apparently, some people could not wait that long to leave. Several subscribers have found various ways to end their commitment to the WWE Network. A lot of people have discovered that they can simply quit paying Vince McMahon.
July 31, 2014
Some really bad news was announced by Vince McMahon and company today. The official subscribers count for the WWE Network is only sitting at 700,000. There are rumors floating around that the company is rounding up. The online service actually lost some customers, despite the six month commitment being in place. Apparently, some found various ways out of the deal.
July 31, 2014
While the official WWE Network subscribers count will not be revealed until tomorrow, there are already speculations that the company will be doing a massive layoff due to what is predicted to be lower than expected numbers. It is being said that Vince McMahon will be releasing close to ten percent of his workforce in an attempt to appease the investors.
July 30, 2014
Rumors are floating around right now that Vince McMahon would be interested in purchasing the TNA library to add to his WWE Network. It could simply just be all speculation right now, as the company has been focused on cutting back their spending because of how much money has been lost over the last several months. Obviously, no negotiations have taken place since Dixie Carter is still trying to find a new television deal for Impact Wrestling.
July 29, 2014
The mystery is about to revealed. Vince McMahon has been keeping the subscribers count for the WWE Network a well guarded secret, even from those that are within the company. However, an announcement will be made on Thursday to the shareholders. Many are curious to see if the company was able to reach the million subscribers mark that they were hoping for.
July 29, 2014
At WWE Battleground 2014, Miz won the battle royal to become the new Intercontinental Champion. Sheamus is the reigning United States Heavyweight Champion. The two of them are feuding. That has led to rumors of a title unification match taking place at Summerslam 2014. The belief is that WWE really wants to stack up this pay per view to build momentum for the upcoming subscription rush for the WWE Network.
July 21, 2014
Since it's only a couple of weeks away from the end of the six month commitment, WWE has already sent out renewal notices to subscribers of the WWE Network. Interestingly enough, there are no special deals to entice people to remain customers. The belief is that with Vince McMahon in cost cutting mode, the company simply wants to make as much money as they can, so there might not be a loyalty discount.
July 19, 2014
Triple H might be downplaying his arrival to the developmental program, but Kenta Kobayashi is far from a regular new performer joining WWE. Internally, he is being viewed as a major marketing asset as the company is hoping to expand its reaches in Japan. A television network has already agreed to air WWE NXT since Kobayashi will be featured on those shows. The Japanese star is also set to help promote the WWE Network when it expands overseas.
July 17, 2014
With the company desperately needing to boost the subscribers count, the WWE Network is set to go international soon. Emails were sent out to various fans to let them know that a trial run was being offered. Vince McMahon and company are wisely taking the cautious approach by testing things out with a small group of people overseas before opening up the gates for everyone else.
July 17, 2014
When it comes to public relations, Vince McMahon is one of the best in the business. Knowing that investors have their eyes closely on the WWE Network, the CEO has made sure that the numbers are kept a secret. It is being reported that even some of the top level executives are being kept in the dark about how well the project is doing.
July 14, 2014
Another person that has been hurt by the recent crash of the WWE stock is Steve Blackman. He was in talks with the company for a brand new show on the WWE Network, where the former hardcore champion would be showing off his new career as a bounty hunter. Unfortunately, though, Vince McMahon has placed a hold on all new series due to budget cuts.
July 7, 2014
Since the company has been undergoing budget cuts, a lot of things are changing in WWE. In addition to several long time performers being given a release from their contract, Vince McMahon and company have also scaled things back on the WWE Network. Tough Enough has been pushed back, and there might not be a second season of Legends House. At one point in time, it was a certainty that the show would be receiving another season.
July 6, 2014
During a recent interview, Santino Marella informed the media of something that wrestling observers were already aware of. His in ring career is winding down soon. The former WWE Intercontinental Champion did leave open the possibility of staying with the company as an on screen character or as a host of a WWE Network show. To his credit, Marella has also prepared for life after the ring by opening up a wrestling school.
July 2, 2014
Since it has failed to reach expectations, the WWE Network has been a bit of a black eye for Vince McMahon and company. Things might be getting worse really soon, as quite a few subscribers attempted to cancel their service because of technical issues during the streaming of Money in the Bank 2014. WWE was already concerned about how to entice new people to sign up, so that they can finally break that million subscribers mark.
June 30, 2014
Since she was given a respectable departure from the company, the belief is that Vickie Guerrero is highly regarded by WWE management. The speculation has even more credibility now that the company is airing a special tribute show for her on the WWE Network. The show is basically a highlight reel of her best performances during her longer than expected tenure with the company.
June 29, 2014
"Obviously this is going to be a big financial changer because you're not going to get all those buy rates. I've had a brief experience with the WWE Network. I signed up for it. I'm not a real gadget guy. I've had an iPad for damn near two years, but I hardly ever use it. I put the WWE Network on there, and I typed in certain matches, they didn't have certain things from NWA or WCW. So I've been going more to YouTube. I think they need a little bit more original content. I need to get on there more to familiarize myself with it. One of the things I've enjoyed is the old Garden stuff and from World Class (Championship Wrestling). I think it was smart to come out with the network. I think it's going to catch on more in the next two or three years, and that's when it will pay off." - Steve Austin shares his views on the WWE Network
June 27, 2014
Some interesting things might be revealed soon in WWE, as the company is just now getting around to issuing out bonuses from Wrestlemania 30. A lot of people backstage have been wondering how Vince McMahon was going to handle the pay per view bonuses now that the events are shown for free on the WWE Network. McMahon did not help the situation by avoiding his performers on the topic.
June 26, 2014
Rumors are floating around right now that WWE has yet to inform the performers of how pay per view bonuses will be handled now that the shows are being aired for free on the WWE Network. Vince McMahon was initially going to tell the wrestlers during a meeting backstage, but that was postponed. It is being said that this particular issue played a big part in CM Punk walking away from the company.
June 23, 2014
The Smackdown taping had some familiar faces backstage this week. Ric Flair, Scott Hall and Jake Roberts were all visiting the company yesterday. Hall, who was there with his son Cody Hall, was there to tape some footage for the WWE Network. Flair was rumored to be there to discuss his upcoming role with officials. Roberts stated that he was simply visiting since the show was in Atlanta.
May 28, 2014
While a lot of fans are downplaying the amount of money that WWE is losing this year, those within the company, especially Vince McMahon, certainly are not overlooking the current drop. As of right now, WWE is on pace to lose approximately $52 million, most of which is due to the WWE Network. That amount is the second biggest loss by a wrestling company in history. WCW dropped $62 milloin one year.
May 27, 2014
With the company hoping to salvage the online subscription service, there are talks within WWE of making some major changes to the WWE Network in the near future. Aside from the long rumored price increase, there are now talks that Vince McMahon might put advertisement on there. These moves would help WWE in case they do not pick up a lot more subscribers over the next few months.
May 27, 2014
Some good news for WWE Network subscribers. The company has now added episodes of Monday Night Raw and Smackdown from this year to the online service. Vince McMahon and company had to wait until a new television deal with NBC was finalized before they could do so. Several subscribers of the service complained about the lack of content on the WWE Network, so this should help appease some of them.
May 25, 2014
A potentially interesting situation is developing with Scott Hall again. The former Intercontinental Champion is scheduled to show up at the next Smackdown taping to film an interview segment that will be aired on the WWE Network. Hall recently skipped out on an independent event because of a rumored relapse. It will be interesting to see if he makes it for his WWE appearance.
May 24, 2014
While the WWE Network has not been working out as the company had hoped, Total Divas has been excelling much more than everyone was expecting. E! has announced that they are renewal the show for a third season. The show returns to the air on September 7, 2014. With that announcement, you can expect that Vince McMahon and WWE will be pushing the cast members even more.
May 19, 2014
There are talks that when the current round of WWE Network subscriptions expire, a price increase will follow. With investors souring on the online service, Vince McMahon and company know that they need to do something to make it work better. A dollar increase would potentially bring in an additional $7 million a year in revenue for WWE.
May 18, 2014
Rumors are floating around right now that WWE purposely kept John Cena off of Monday Night Raw this past week because they wanted to spike viewership for the Main Event. Management felt that the move would encourage fans to tune into the WWE Network to see him. They were also hoping that some fans would be enticed into signing up for the online subscription due to the move.
May 8, 2014
While the company has been touting the success of the WWE Network, there are still some concerns internally. Management recently made the decision to fire Matt Singerman, who was the Executive Vice President of Programming for the online subscription service. It appears that Vince McMahon had a different vision in mind when it comes to original programming on the WWE Network.
May 5, 2014
Yesterday, news broke out that Tough Enough was being brought back and being aired on the WWE Network. Now, some details are swirling around. Rumors have it that the company will be filming the series at the WWE Performance Center. Some of the lesser known developmental wrestlers like CJ Parker, Sylvester Lefort and Travis Tyler are also rumored to be a part of the show as well.
May 2, 2014
Despite doing a good job of generating interest from fans the last time around, Tough Enough was put on the shelves. Now, it appears that the reality television show is being brought back as part of the WWE Network. No word yet on the involvement of Steve Austin, but since he did such a great job last time, management should be quite interested in bringing him back again as the host.
May 1, 2014
When it comes to value to the company, Kofi Kingston has been on the rise backstage. Aside from being utilized in promotional campaigns for the WWE Network, the former Intercontinental Champion was heavily involved in charity work in New Orleans during Wrestlemania 30 and is routinely sent to other countries as an ambassador for WWE. His job security is extremely high right now.
May 1, 2014
It appears that the WWE Network was launched at just the right time. Buyrates for Royal Rumble 2014 and Elimination Chamber 2014 suffered a considerable drop from the previous year. Vince McMahon no longer has to tout these numbers to his investors, though, because the company can state that the viewers have shifted over to the WWE Network.
May 1, 2014
While his footage does appear on the WWE Network, Ahmed Johnson is essentially banned by the company. The former Intercontinental Champion has been heavily vocal against the company over the years, claiming that racism is prevalent backstage. WWE will never induct him into the hall of fame, and he will never be invited to show up on Monday Night Raw.
April 27, 2014