Wednesday, April 24, 2024
News​Backstage News On A Possible WWE Network Price Increase

​Backstage News On A Possible WWE Network Price Increase

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Source: The Wrestling Observer Newsletter

Following Netflix raising their subscription price by $1, there is
a possibility that WWE will follow their lead and raise the price of the WWE
Network by the same. If they were to do this, the company could make up to an
additional $7 million or more a year in revenue. That is currently needed as the
Network #’s are lower than WWE wanted despite them spinning them to make them
look better than they are in press releases. Obviously, that is done to make the
company look good and also to try and impress their shareholders.

Both Netflix and Amazon have both recently raised their prices for
their services. The reason that WWE and UFC started their price at $9.99 was
because Netflix established a low price point as the value of streaming
services.

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