Window into how much money the WWE Network is losing
By Scott Keith on May 19, 2014
"Barrios said that if WWE Network produces one million subscribers by the end of 2014, it would yield a 12-month average of 650,000 subscribers for the year. The rate of adoption translates to a 2014 net loss ranging from $45 to $52 million."
And that's if they hit 1 million by the end of the year. If they stay close to where they are now, they could lose like $75 million this year.
In other words, Dana White was right: http://msn.foxsports.com/ufc/story/wwe-network-devalues-product-ufc-will-not-follow-suit-012714
Yeah, that conference call was a bit of a fail, to say the least. Sure, we're disappointed in the number we got, but if we miraculously get another 2 million subscribers, we'll be making record amounts of money! Isn't that what got them into trouble in the first place?
Also, the wrestlers have to feel good knowing that their pay can always be cut back further to prop up the Network.
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