WWE Network Finally Hits One Million Subscribers

[Deleted]

www.pwinsider.com/article/91149/huge-news-for-wwe-the-network-hits-one-million-subscribers.html?p=1

WWE sent the following press release to PWInsider.com:

WWE® NETWORK HITS 1 MILLION SUBSCRIBERS

STAMFORD, Conn., January 27, 2015 – WWE® (NYSE: WWE) today announced that WWE Network has surpassed 1 million subscribers just 11 months after launch, making it the fastest-growing digital subscription service. These results represent a 37 percent increase (24 percent domestically) in subscribers since last reported[1] at the end of third quarter 2014, driven primarily by a successful free November promotion, the launch of the service in the UK and significant additions for the Royal Rumble pay-per-view event.

“We’re thrilled that we’ve surpassed the 1 million subscriber milestone less than a year after launching WWE Network and in advance of WrestleMania, our biggest event of the year on March 29,” said WWE Chairman & CEO Vince McMahon. “We remain focused on delivering an outstanding value proposition for ours fans by adding new content and new features in the coming year.”

Viewer data continues to indicate that, on average, close to 90 percent of subscribers access WWE Network at least once per week, 99 percent access WWE Network at least once per month and 86 percent of subscribers are satisfied with WWE Network.

Like other digital subscription services, such as Netflix and Hulu Plus, fans are able to sign up for WWE Network online by going to WWE.com and can watch WWE Network on their TVs through connected devices such as Sony Playstation 3, Sony Playstation 4, Xbox One, Xbox 360, Amazon Fire TV, Apple TV and Roku streaming devices as well as Smart TVs including Sony and Samsung. The U.S. English language version of WWE Network is available direct to consumers in more than 170 countries and territories and recently launched in the UK and Ireland.

WWE Network’s one-of-a-kind programming includes all 12 WWE pay-per-view events LIVE at no additional charge plus groundbreaking original series, reality shows, documentaries, classic matches, exclusive coverage of special events and more than 2,000 titles in its video-on-demand library.

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.

[TWERKIN' MAGGLE]

Thank God for Roman Reigns.
- Vince McMahon

[Deleted]

I thought WWE had a no sending statements to or allowing interviews with the dirt sheets rule going back to when they went public and had issues explaining some of the newz online to investors.


It's pretty weird seeing them go against that.

[RedDevil]

I'm going to assume I was the millionth subscriber in that case.

[Deleted]

I think this is talking about at the end of their last financial quarter, which I assume to be by Dec 31st. The past two days will be not be reflected in this. However, the timing of this is utterly hilarious, and I presume that they were obliged to release it when they did.

[TWERKIN' MAGGLE]

Vince is sitting in his home office by the fire place with the New Day doing the Prime Time Player dance singing, "9.99 Million Dollars, 9.99 Million Dollars."

[Steveweiser]

It isn't the last quarter, that gets reported on February 12th. Think this is a right now figure, including all the UK/Ireland subs.

[andrew8798]

"37 percent increase (24 percent domestically) in subscribers since last reported[1] at the end of third quarter 2014, driven primarily by a successful free November promotion, the launch of the service in the UK and significant additions for the Royal Rumble PPV event."

[bob]

Does this take into account all those people who supposedly cancelled due to the Rumble result?

[Steveweiser]

Meltzer reported that while some people did cancel, they were offset by new signups post-Rumble.

[DZ: WF Legacy]

I don't understand why someone would sign-up AFTER the Rumble. That makes no sense at all...why miss the Rumble and sign up the day after, regardless of the result?

I signed up a few days before. I cancelled after the Rumble. I'm still a subscriber along with anyone else who did the same, and I expect the Rumble number to be huge because...well, it's the Rumble, and it's the first one for the Network.

[Wolfman Rose]

Jan 27, 2015 15:07:41 GMT -5 bob said:

Does this take into account all those people who supposedly cancelled due to the Rumble result?

I'm sure all 12 will be missed by WWE.

[Hobby Drifter]

If I'm reading the corporate doublespeak correctly, they've just signed up their 1 millionth customer. That's not to say there are currently a million total paying customers. Plenty of subscribers have cancelled their subscriptions after signing up (either after the original six-month plan, or after the free trial a few months back).

If WWE really has only signed up a TOTAL of one million people over the last 11 months, the Network is in rough shape.

Considering they released these numbers right after so many people cancelled their subscriptions that the page crashed, they likely got their one millionth sign-up shortly before the Rumble...and then lost thousands of them right after.

[Boo!]

Jan 28, 2015 18:49:46 GMT -5 Hobby Drifter said:

If I'm reading the corporate doublespeak correctly, they've just signed up their 1 millionth customer. That's not to say there are currently a million total paying customers. Plenty of subscribers have cancelled their subscriptions after signing up (either after the original six-month plan, or after the free trial a few months back).

If WWE really has only signed up a TOTAL of one million people over the last 11 months, the Network is in rough shape.

Considering they released these numbers right after so many people cancelled their subscriptions that the page crashed, they likely got their one millionth sign-up shortly before the Rumble...and then lost thousands of them right after.

At no point did the subscription cancellation site crash. And they hit 1m after on Tuesday