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WWE Network
Topic Started: Jan 30 2013, 08:44 AM (7,341 Views)
Purple Marauder
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Stand Back! There's a Hurricane Coming Through
PPV's were also around $40 bucks right? As opposed to $9.99 a month. A year of the Network is $120. A year of PPV's is $480 per person. At 250K That's $120,000 a year per PPV and for 700k subscribers, 84,000 per Network subscription a year. So they are losing $36,000 per year by switching from PPV to Network subscriptions...if my math is correct.

What they were hoping for was a bigger number so the price could remain low. If not enough people are subscribing at $9.99, then less will be willing to subscribe if the monthly fee is say $19.99.
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Cybrus
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STAY HYPED!!!
Quote:
 
WWE and WWE Network have been recognized for their creative excellence by the Academy of Interactive and Visual Arts (AIVA) with four W3 Gold Awards and 13 Silver Awards.

WWE Network, the groundbreaking 24/7 streaming and on-demand service now available in more than 170 countries, received a Gold Award in Media Streaming. It also received Silver Awards in the Entertainment and Sports Website categories, as well as a prize for Visual Appeal. WWE Network was also honored as a Silver Award recipient among Video Channels and Networks in Entertainment.


I don't know what these awards are, but good attention is good...right?
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Nubochanozep
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I am disappointed with the lack of old RAW episodes on the Network. I was intending on starting at Summerslam 1997 and watching RAW and the PPVs as they were broadcast. As it stands, I've only been watching the PPVs.

Other than that I am a big fan of the Network. I watch Foley's documentary the other day. That was quite good!
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Cybrus
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STAY HYPED!!!
Quote:
 
Dear WWE Network Subscriber,

Today WWE Network will begin to run limited video advertisements.

Here's what you can expect:

• No commercial breaks during scheduled programming
• Limited advertising between shows
• Occasional advertising before our video-on-demand content

If you have any questions regarding your subscription, please visit wwe.com/help. Thank you for being a WWE Network subscriber.

WWE Network Support

This was in my email when I opened it. I can't say that I am surprised to see advertisements added given how they aren't hitting their subscriber's goal. I was expecting ads somewhere on the main screen around the video content. I won't mind a small advertisement before a video as long as it isn't too long (30 seconds or less) and they don't start interrupting videos to play advertisements. Although, I am sure there is plenty of bitching about this online.
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MY85
It's a fabulous new day, yes it is!
I cancelled my subscription on Saturday after 2 months because I barely use it.
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Cybrus
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STAY HYPED!!!
I personally don't see the point of cancelling. Even if you only watch the PPV each month, if you only watch it for 1 day out of the entire month, I think it is still worth the price for the monthly subscription.
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Nubochanozep
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agreed. MY85 is a quitter.

i'm not a fan of advertisements but i wouldn't pay to avoid them, so i'm OK with them i suppose.
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Cybrus
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STAY HYPED!!!
As long as they aren't intrusive, I don't mind. I am assuming this is to keep the cost down to $9.99 and/or for WWE to turn a profit. They needed 1 million subscribers just within the USA (which I think is a very high goal seeing as how the average PPV only sold less than a quarter of that), but only hit 700K. I have no idea how many subscribers they needed or have picked up in the international market. But if a short ad before a show helps, then I don't mind. No worse than commercials on TV shows. As long as they don't put commercials into the program I am watching. If I am halfway through a match at Hell In A Cell and a random commercial interrupts the match, I'll be pissed.
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MY85
It's a fabulous new day, yes it is!
Cybrus
Oct 14 2014, 04:56 AM
I personally don't see the point of cancelling. Even if you only watch the PPV each month, if you only watch it for 1 day out of the entire month, I think it is still worth the price for the monthly subscription.
I was paying 12.99 a month. Originally wanted to only try a month, but forgot to cancel before time.

I do plan to renew before Survivor Series for 9.99 and go for the 6-month commitment.
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Nubochanozep
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MY85
Oct 15 2014, 12:34 AM
Cybrus
Oct 14 2014, 04:56 AM
I personally don't see the point of cancelling. Even if you only watch the PPV each month, if you only watch it for 1 day out of the entire month, I think it is still worth the price for the monthly subscription.
I was paying 12.99 a month. Originally wanted to only try a month, but forgot to cancel before time.

I do plan to renew before Survivor Series for 9.99 and go for the 6-month commitment.
You're saying that, but all I hear is, "I hate America."

Why do you hate America?
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Cybrus
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STAY HYPED!!!
Rajah.com
 
WWE held their third-quarter earnings report on Thursday and announced among other things, the latest WWE Network subscriber count.

In what can only be considered a bad sign, the WWE Network is currently at 731,000 subscribers, meaning an addition of only 31,000 sign-ups (4% increase) since last quarter's report.

WWE issued an email to all subscribers immediately informing them that the six-month commitment is dropped and that the new month-to-month price is $9.99, with the option to cancel anytime.


It wasn't a big increase, but it's a good sign that the number didn't go down. That has to mean that not many people that signed up for WrestleMania has canceled. I'm not sure if this number is just for the USA subscribers or if it includes international buys as well. If it includes everyone, then they either haven't gotten many buys internationally or the USA count dropped big time.

I got the email about the "no commitment" plan. But I opted to pay the subscription in full, so I'm already paid up through Royal Rumble and whatever PPV happens in February. I wonder if this month-to-month plan is so WWE can either raise the price for certain months (I could see paying more for WrestleMania) or if it'll allow them to not play certain PPVs on the Network and instead show them strictly on traditional PPVs?
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MY85
It's a fabulous new day, yes it is!
I heard that for those who haven't subscribed yet, the next month (including Survivor Series) will be for free.
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_DL_
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BURN IT DOOOWWNNNNNNNN!
Quote:
 
I wonder if this month-to-month plan is so WWE can either raise the price for certain months (I could see paying more for WrestleMania) or if it'll allow them to not play certain PPVs on the Network and instead show them strictly on traditional PPVs?

That would be really shady if, let's say I paid 9.99 for one month, and WWE automatically charged me 11.99 for the next month when it was payment time, even with the option to cancel anytime.
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Nubochanozep
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Cybrus
Oct 30 2014, 01:59 PM
I'm not sure if this number is just for the USA subscribers or if it includes international buys as well. If it includes everyone, then they either haven't gotten many buys internationally or the USA count dropped big time.
I hope for their sake that it does not include international subscribers. There are a lot of people in the world. 31,000 out of about 6.5 billion is not a lot.
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Cybrus
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STAY HYPED!!!
MY85
Oct 30 2014, 05:10 PM
I heard that for those who haven't subscribed yet, the next month (including Survivor Series) will be for free.
I don't know about those who haven't subscribed, but I know they are giving November for free to those that have subscribed. As I said, I paid in bulk. There is no way for me to cancel my current subscription. It was set to expire in February. I got an email about the free in November thing and my new expiration date is March 22, 2014. That's pretty damn cool. Granted, there is absolutely no PPV during that free month period, but that's 4 more NXT episodes I'll get. Very cool, WWE! :tu:
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_DL_
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BURN IT DOOOWWNNNNNNNN!
Cybrus
Oct 30 2014, 11:57 PM
MY85
Oct 30 2014, 05:10 PM
I heard that for those who haven't subscribed yet, the next month (including Survivor Series) will be for free.
I don't know about those who haven't subscribed, but I know they are giving November for free to those that have subscribed.
WWE
 
New Subscribers!
GET WWE NETWORK FREE FOR NOVEMBER
New subscribers will receive WWE Network FREE for the entire month of November – including Survivor Series! Come back to WWE.com tomorrow at 11:00 a.m. ET to sign up for FREE!
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Nubochanozep
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All for the low, low price of only $9.99 per month.
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Cybrus
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STAY HYPED!!!
Well la dee da :busy:

So, basically, anyone that subscribes gets a free month? They need to just say that. Keep it simple: "All subscribers get a free month if they sign up in November". :tu:

Also, I read this:

ProWrestling.net
 
WWE announced that pay-per-view revenues were $3.7 million, down from $14.6 million for the three events held in the third quarter of 2013, $16.3 million earned in 2012, and $15.8 million made for the same quarter of 2011.

-July's Money in the Bank pay-per-view produced 99,000 buys, down from 199,000 buys in 2013, and 188,000 buys in 2012.

-The August SummerSlam pay-per-view delivered 147,000 buys, down from 298,000 buys in 2013, and 358,000 buys in 2012.

-September's Night of Champions pay-per-view produced 48,000 buys, down from 175,000 buys in 2013, and 189,000 buys in 2012.

It's no surprise that the PPV numbers went down since they have 700k subscribers (although, it looks like the numbers would have dropped this year even when you add the 700k back into the actual buys). But the big drop in revenue can't bode well. If my math is correct, they are still losing a couple million dollars every month as opposed to last year's business model. Well, they are still making money, they are just making less of it than they were. But at the same time, I think Vince announced a $5 million dollar loss for this quarter?

It's going to be interesting to see how WWE reacts to this. Their next big test is WrestleMania season. They can't be expecting a big rush in sign ups for the remainder of this year. But Royal Rumble and especially WrestleMania should be big sign up times. If they still fall short, it'll be interesting to see how WWE reacts. Raise the price? Remove PPVs from the Network? We'll see.
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NWO
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I wouldn't worry about them trying anything shady like raising the price for a particular month or taking a PPV off of the network. If they ever take Wrestlemania off of the network it's pretty much committing suicide. Growing the network is their most important longterm objective. They can't take away it's biggest selling point. Even if they tried to it wouldn't be successful. They've already trained the audience not to pay premium prices for PPVs.

The biggest issue they're facing is a staggering loss of subscribers. They've had 1,154,000 subscribers (though not all unique) since launch. They've only retained that ~700k number. It's not a perfect product, but it's certainly a really good value. I'm shocked that many haven't stuck with it. They have to figure out some way to better retain their subscribers.

I'm guessing the future of the network will be as a paid television subscription channel similar to what they're doing in Canada. Hopefully the over the top model will always exist even if they get it on television though. The Canadian network is only available to a small percentage of the country but it has surpassed their expectations. There is still a pretty huge aversion to streaming services. The ROH traditional PPV a few months ago did about 12k buys when their more hyped shows with New Japan on iPPV did around 2k buys. The only way the network will be the massive revenue stream they're hoping it would be is to get it on traditional television. At least in the short term.

I think they'll reach their subscriber goal of 1.2 million or so as a streaming service eventually. 700k is a pretty solid domestic base and they'll add a significant amount of subscribers with Christmas, Royal Rumble and Wrestlemania coming up. I actually think it's pretty good news that their base didn't completely crash to like 500k after initial subscriptions ran out. Everyone expected big gains with opening the network in foreign markets, but it isn't available in the vast majority of Canada or any of the UK yet. Those are the only countries where there will be a significant amount of foreign subscribers.
Edited by NWO, Nov 1 2014, 01:34 AM.
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Nubochanozep
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700k subscribers pay $10 a month. That's $7 million per PPV, which adds to $21 million for the last three PPVs. Doesn't that mean that their revenue has gone up by about $7 million or so? That's good news, right?

Is my maths faulty, or have I missed a massive point, or have I made an erroneous assumption or something?
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Cybrus
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STAY HYPED!!!
WWE has added a couple of good features to the Network that I felt were missing. We now have the option to add individual shows or group of shows to our Watch List. We can also "continue watching".

The watch list is great since you no longer have to go through the archives to find shows you want. If you are watching a series, you can just add the full series. Great stuff.

I haven't tried the "continue watching" feature since I didn't see it when I was watching Survivor Series last night/this morning (I worked Sunday night). But if this is like Netflix where the Network will remember where I turn a show off, then this is exactly what I've been wanting!
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MY85
It's a fabulous new day, yes it is!
http://www.wwe.com/wwenetwork/watch-in-united-kingdom-26927624

The UK and Ireland will get the WWE Network on January 19 at £9.99, which is a bit more than US$15.
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Cybrus
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STAY HYPED!!!
$15 is still a very fair price for the amount of content you get. I'd pay as much as $20 or $25 before I even started to think twice.

But I'm sure people in the UK are hesitant to believe the new launch date. Didn't they cancel the last launch literally on the actual launch day? Or hours before the launch day? WWE should give them January for free. Give them the Rumble like they gave us Survivor Series. Seems fair.
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MY85
It's a fabulous new day, yes it is!
I know $15 is still cheap for what the Network can offer, but it's kinda funny how they pay with another currency rather than the dollar, which is how everyone else pays. There must be some reason for it, though.
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Cybrus
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STAY HYPED!!!
I wonder if they priced it at $15 so they could keep the 9.99 slogan. If they offered it for the equivalent of $9.99 (US), they'd get it for like $5, right? I haven't checked a currency converter, so that is just a guess.
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Nubochanozep
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Maybe.

For what it's worth, I don't pay $9.99 - I pay the Australian equivalent of US $9.99. So at the moment it works out at around $12, I think. If the AUD shoots above the USD for some reason, then I'll be paying less than US $9.99. In that case, I assume that the WWE would start advertising for $9.99 local currency.

unless some law forbids that sort of price changing. :-/
Edited by Nubochanozep, Jan 5 2015, 07:14 AM.
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Nubochanozep
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Whoa. Dudes who have the Network.

Watch Monday Night Wars: The Kliq.

Fast forward to 4:00. You can actually see what Vince did when he was at the Gorilla position back in 1994/1995 days. That's fascinating to me because I've never actually seen anyone in the Gorilla position before, in video format.
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MY85
It's a fabulous new day, yes it is!
WWE Network has hit 1 million subscribers.

Source: http://corporate.wwe.com/news/2015/wwe-network-hits-1-million-subscribers
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Kraul

Perfect timing for this announcement since #cancelwwenetwork was trending for ~twenty-four hours. :lol:

Although unless I missed it, it doesn't say when these numbers were taken other than saying there was a 37 percent increase after the end of the third quarter of 2014 (June through September).

Quote:
 
Average fourth quarter and year-end WWE Network numbers will be reported in the normal course as a part of our earnings release on February 12.


That will be the interesting number.

They've reached their goal of a million subscribers, but after the massively negative reactions this last weekend and, again, #cancelwwenetwork trending for ~twenty-four hours, how will it hold up?
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MY85
It's a fabulous new day, yes it is!
Last week, the Network became available to the UK and Ireland. If WWE made it to 1M subscribers, it had to be just very recently. Also, there has to be some last-minute subscribers considering the Rumble PPV.

I'd like to see monthly reports on the numbers since WWE no longer has the 6-month commitment to the Network. A drop has to be expected a month after WM ends, right?

I also read somewhere that the cancelling of subscriptions only made it to 15K tops at the moment.
Edited by MY85, Jan 27 2015, 08:21 PM.
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