|
Post by Widow's Peak on Sept 6, 2012 16:38:06 GMT -5
Per Wrestlezone.com:
WZ has learned today that plans for the WWE Network have been put on hold indefinitely. At this point, the network hasn't a single deal signed with cable providers, and while WWE was considering making the network a pay channel, similar to HBO, internal studies have shown less than 100,000 homes would be willing to pay a monthly fee.
Additionally, WZ has learned through sources close to the head of the HR department and the VP of programming, that all hiring for the network has been frozen. In fact, we have been told any new hires that have been made for the network are in jeopardy of being terminated.
Initially, the launch was pushed to November 12th of this year, then to February of 2013, but as of this writing the network is not going forward at all. We've been told WWE failed to realize what a big onset and investment the network would be, and NBC Universal was going to sell WWE part of its Universal HD channel, but WWE balked and wanted its own network.
Now, with no infrastructure set up at all, we've been told a network would be virtually impossible to create in 6-12 months.
We'll see what happens, but frankly I wouldn't be shocked if this is another bust for them.
|
|
King Ghidorah
El Dandy
On Probation for Charges of two counts of Saxual Music.
How Absurd
Posts: 8,330
|
Post by King Ghidorah on Sept 6, 2012 16:39:28 GMT -5
Let me show you my shocked face: -_-
|
|
PKO
King Koopa
Posts: 12,604
|
Post by PKO on Sept 6, 2012 16:41:44 GMT -5
Not really a shock in the end. It seemed exciting and plausible at one point then slowly became clear it wouldn't be happening.
|
|
HBL
Unicron
This is what yoga does to you.
Posts: 3,196
|
Post by HBL on Sept 6, 2012 16:49:03 GMT -5
What a shocking turn of events!
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 6, 2012 16:49:29 GMT -5
The WWE must have invested millions into the network project up to this point through hirings, shooting (e.g. Legends House) and negotiating with networks. What a huge waste of money. Its not quite the XFL, but it's getting close.
|
|
Sajoa Moe
Patti Mayonnaise
Did you get that thing I sent ya?
A man without gimmick.
Posts: 39,683
|
Post by Sajoa Moe on Sept 6, 2012 16:52:08 GMT -5
What a shocking turn of events! DDP can't believe it either.
|
|
|
Post by sagsag on Sept 6, 2012 16:57:23 GMT -5
Maybe this means we'll get more 4 minute youtube shows instead.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 6, 2012 17:08:04 GMT -5
Good. They're trying to do way too much.
|
|
Jimmy
Grimlock
Posts: 13,317
|
Post by Jimmy on Sept 6, 2012 17:20:35 GMT -5
We've been told WWE failed to realize what a big onset and investment the network would be If true, they are a company truly run by morons.
|
|
|
Post by CATCH_US IS the Conversation on Sept 6, 2012 17:22:49 GMT -5
The WWE didn't really need a network anyway. The better thing to do is to make people care more about their YouTube shows so that they can milk more cash from their YouTube partnership.
|
|
TGM
Hank Scorpio
Posts: 6,073
|
Post by TGM on Sept 6, 2012 17:30:44 GMT -5
Urgh, I expected this, but it doesn't make me any less embarrassed for the idiots who announced a WWE Network long before it was ready.
|
|
|
Post by CATCH_US IS the Conversation on Sept 6, 2012 17:31:46 GMT -5
I think they should keep the WWE Network logo and use it as the new company logo.
|
|
Deleted
Deleted Member
Posts: 0
|
Post by Deleted on Sept 6, 2012 17:31:58 GMT -5
Poinless endeavor. Never needed to happen.
|
|
suben
Bubba Ho-Tep
Sailing Jump!
Posts: 617
|
Post by suben on Sept 6, 2012 17:40:40 GMT -5
Wouldn't be shocked but I'm never really going to take the word of a copy/paste site.
|
|
The Heenan Family
Unicron
I'm a legend in this sport. If you don't believe me, ask me.
Posts: 2,566
|
Post by The Heenan Family on Sept 6, 2012 17:42:28 GMT -5
At this rate, half of the legends will be dead before Legends House airs.
|
|
Spider2024
Patti Mayonnaise
Dedicated 6,666th post to Irontyger
I believe in Joe Hendry.
Posts: 39,214
|
Post by Spider2024 on Sept 6, 2012 17:45:56 GMT -5
I would've paid for the subscription. Why didn't they ask me?
|
|
Cranjis McBasketball
Crow T. Robot
Knew what the hell that thing was supposed to be
Peace Love and Nothing But
Posts: 41,920
|
Post by Cranjis McBasketball on Sept 6, 2012 18:18:53 GMT -5
How the f*** can there be an all fishing channel and no wrestling channel? Really??
|
|
Celgress
Bill S. Preston, Esq.
The Superior One
Posts: 19,009
|
Post by Celgress on Sept 6, 2012 18:21:33 GMT -5
I'm happy at least the E is still around, if the network had went through within five years I doubt the company would have survived.
|
|
|
Post by CATCH_US IS the Conversation on Sept 6, 2012 18:22:46 GMT -5
How the f*** can there be an all fishing channel and no wrestling channel? Really?? I think there should be a wrestling channel, but not one devoted to a single promotion. A network where a bunch of indy promotions can get a time slot to showcase their individual products.
|
|
Urethra Franklin
King Koopa
When Toronto sports teams lose, Alison Brie is sad
Posts: 11,089
|
Post by Urethra Franklin on Sept 6, 2012 18:27:13 GMT -5
At this rate, half of the legends will be dead before Legends House airs. Legends Funeral Home is a license to print money!
|
|