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Post by abjordans on Jul 27, 2014 21:37:32 GMT -5
The TV and PPV deals are no longer very lucrative. I can't imagine the Blu Ray/DVD department is bringing in as much. All the eggs are in the WWE Network basket.. Could this be the next great fight in WWE history? We all know what a fight does to the WWE, forces them to put on the best product possible. There is no direct competition, byt I think making this Network a success could be what lights a fire under the company. Their current product is what will really grow things, the video library will just fill the cracks. It seems like everyone who has subscribed for the old content probably already has. Now, they gotta sale the rest as can't miss so people subscribe so they don't miss anything. Needs to be can't miss TV and water cooler talk.
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Post by Deleted on Jul 27, 2014 21:42:11 GMT -5
Considering the product that has been put on since the launch, I think that they'll need a bigger spark.
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Post by sybaku on Jul 27, 2014 21:42:55 GMT -5
They're gonna have to fail and fail hard to get that spark again, so far the networks a good start.
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Post by abjordans on Jul 27, 2014 21:48:31 GMT -5
I think things are looking up. Brock/Cena could get white hot. People should be dying for Ambrose/Rollins by Summerslam. Reigns, from what I have experienced in person and seen on TV, is pretty over. Orton could be a big feather in his hat. Hell, Orton might come in on a mission and make the dude. Usos are over tag champs. Lots of wild cards like the Woods group, possibly a good IC title program. Things are being set up nicely for SS and beyond. "Who can beat Brock?" could be a big angle with some legs to WM.
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Post by Milkman Norm on Jul 27, 2014 21:49:15 GMT -5
I don't see it creating the same fire under Vince's ass that actual competition did. And really they can't fall that far. Much like the team in my sig. They may suck but enough fans will watch to keep them more than afloat.
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Post by Mayonnaise on Jul 27, 2014 22:07:01 GMT -5
Considering the product that has been put on since the launch, I think that they'll need a bigger spark. Could be argued (and was by some) that waiting on the TV deal to get done was causing them to hold back on the Network push some. I wouldn't say that that the whole problem but maybe a small part since a lot of their focus had to be on getting those deals. Plus from Bryan's injury until Brock takes the title at Summerslam, they've had to make it up as they go along (multiple times a day and well into shows by some accounts) since this was not the plan at all. Obviously that doesn't account for all the issue the Network has had but I can see where they could have had outside things come into play.* *I don't think Vince and Dunn are creative enough to figure this all out or make a plan and stick to it either which is an even bigger issue.
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Post by abjordans on Jul 27, 2014 22:23:46 GMT -5
So, what pushes the Network to the next level and makes it a success if it isn't the current product?
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Post by Mayonnaise on Jul 27, 2014 22:42:06 GMT -5
So, what pushes the Network to the next level and makes it a success if it isn't the current product? The strange thing is, I believe, the Network is a success, it is just not reaching the pie in the sky levels that Vince said they would draw which has people seeing it as a failure that will cripple the company.
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RIHT
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Post by RIHT on Jul 27, 2014 23:55:37 GMT -5
You have it backwards: it would take a spark that would end up with a better product that would make the WWE Network work.
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Post by Rolent Tex on Jul 28, 2014 0:13:05 GMT -5
So, what pushes the Network to the next level and makes it a success if it isn't the current product? My constant go to answer as always. "Steiner Live!" with Scott Steiner and his sidekick the Iron Sheik. It's like Vince hates money.
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Post by Deleted on Jul 28, 2014 7:48:07 GMT -5
So, what pushes the Network to the next level and makes it a success if it isn't the current product? The strange thing is, I believe, the Network is a success, it is just not reaching the pie in the sky levels that Vince said they would draw which has people seeing it as a failure that will cripple the company. There's been confusion over how many subscribers they need to make a profit vs. how many they need to reach projections. I still don't really know how many they needed to be profitable, but I believe they projected 1 million subscribers. If that's the info they passed to their shareholders, and they barely achieve half of that, we could see another class-action suit like the one on the TV rights deal, not to mention the stock prices.
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Boo!
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Post by Boo! on Jul 28, 2014 9:09:35 GMT -5
So, what pushes the Network to the next level and makes it a success if it isn't the current product? Global launch. Should have been done from the start. The only reason why it wasn't is because of their own lack for foresight with existing rights deals. But they didn't have to launch the network when they did, there was no financial imperative to do so. They could have waited a year or two and got all their deals in the major markets in place and BOOM! Global rollout. The way they've done it the thing has been on the back-foot for the start and now if the numbers Thursday are terrible, it may even be scrapped before the global rollout begins. US buys for Wrestlemania (excluding Canada which is usually included in the 'north america' number given under the old PPV system) is less something like 450,000. To expect the Network to get anywhere near 900,000 from that 'base' was always ridiculous.
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Post by ronnie2hotty on Jul 28, 2014 12:57:28 GMT -5
So, what pushes the Network to the next level and makes it a success if it isn't the current product? Global launch. Should have been done from the start. The only reason why it wasn't is because of their own lack for foresight with existing rights deals. But they didn't have to launch the network when they did, there was no financial imperative to do so. They could have waited a year or two and got all their deals in the major markets in place and BOOM! Global rollout. The way they've done it the thing has been on the back-foot for the start and now if the numbers Thursday are terrible, it may even be scrapped before the global rollout begins. US buys for Wrestlemania (excluding Canada which is usually included in the 'north america' number given under the old PPV system) is less something like 450,000. To expect the Network to get anywhere near 900,000 from that 'base' was always ridiculous. I have always been a little confused by all the talk of the low numbers for the network. Once it hits the rest of the world, I don't think getting the numbers will be a problem. Unless, that is, getting the network in those countries would cost a lot more than it did at initial launch.. but who knows
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Post by abjordans on Jul 28, 2014 13:00:24 GMT -5
I feel like people aren't grasping how much was gambled on the Network. They basically traded in a huge chunk of their PPV and TV money on the idea that the Network would float them.
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Post by Pillman's Pencil on Jul 28, 2014 13:05:53 GMT -5
They'll need a defibrillator.
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Post by Dr. Bolty, Disaster Enby on Jul 28, 2014 13:06:54 GMT -5
I don't see it creating the same fire under Vince's ass that actual competition did. And really they can't fall that far. Much like the team in my sig. They may suck but enough fans will watch to keep them more than afloat. True, but at least the Network's difficulties would force Vince to acknowledge that he does not know everything and that maybe he needs help from fresher eyes.
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Post by Mayonnaise on Jul 28, 2014 13:23:23 GMT -5
The strange thing is, I believe, the Network is a success, it is just not reaching the pie in the sky levels that Vince said they would draw which has people seeing it as a failure that will cripple the company. There's been confusion over how many subscribers they need to make a profit vs. how many they need to reach projections. I still don't really know how many they needed to be profitable, but I believe they projected 1 million subscribers. If that's the info they passed to their shareholders, and they barely achieve half of that, we could see another class-action suit like the one on the TV rights deal, not to mention the stock prices. I think all the numbers WWE released when it came to subscribers needed were all worst case scenario numbers. A lot of people now are fretting over them needing 1.5 million but ignoring that is with a total loss of PPV buys which as we've seen has not happened. Seeking Alpha
If I am understanding (and I will easily say I may not be) the above link, it has an exchange with Vince where he talks about the break even to cover Network costs of being 400k subs which they have eclipsed but the 1 million subs being needed to make up for a complete loss of PPV money (which has not happened). So basically it seems until all the outside of the Network PPV buys are accounted for, there is no way to know if the Network is losing or not. It also adds to weight to the fear of them pulling some if not all of the PPVs going into 2015, though I would hope for a rate hike personally. As far as potential lawsuits, I would think there wouldn't be a chance but I wouldn't have thought their would be one filed over the TV rights fees either.
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Boo!
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Post by Boo! on Jul 28, 2014 14:32:04 GMT -5
Global launch. Should have been done from the start. The only reason why it wasn't is because of their own lack for foresight with existing rights deals. But they didn't have to launch the network when they did, there was no financial imperative to do so. They could have waited a year or two and got all their deals in the major markets in place and BOOM! Global rollout. The way they've done it the thing has been on the back-foot for the start and now if the numbers Thursday are terrible, it may even be scrapped before the global rollout begins. US buys for Wrestlemania (excluding Canada which is usually included in the 'north america' number given under the old PPV system) is less something like 450,000. To expect the Network to get anywhere near 900,000 from that 'base' was always ridiculous. I have always been a little confused by all the talk of the low numbers for the network. Once it hits the rest of the world, I don't think getting the numbers will be a problem. Unless, that is, getting the network in those countries would cost a lot more than it did at initial launch.. but who knows Yeah but it has to be justified in the meantime and shareholders will be less likely to buy the increase in revenue when it comes to the global expansion because of the carny shit they pulled when bigging up the initial launch. I think with this plus the TV deal lawsuit, WWE and the McMahon's are about to learn very serious lesson when it comes to misleading shareholders that could rock the 'E to its foundation.
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