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WWE announced today that the WWE Network currently has 731,000 subscribers with an increase of 31,000 subscribers from the third quarter. The addition 31,000 is made up of 30,000 international since launching in new markets over the summer and 1,000 domestic (U.S.)
"Subscriber growth reflected the acquisition of 286,000 subscribers, which was 71% above the gross subscriber additions in the period between April 7 (the day after Wrestlemania) and June 30 (WWE Network added 182,000 gross subscribers during the April 1- April 6 period, which included Wrestlemania). Through September 30, WWE Network had attracted approximately 971,000 unique subscribers with 75% of these subscribers active as of that date." - WWE
In terms of revenue, the WWE Network generated $22.4 million in subscription revenue in the third quarter. PPV revenues now fall under the Network umbrella. Traditional PPV brought in $3.7 million in revenue with approximately 294,000 buys for the three PPVs held during this quarter.
Looking at the numbers:
-Â 667,287 subscribers (April 2014)
-Â 700,000 subscribers (June 2014)
-Â 731,000 subscribers (October 2014)Â
Changes to the WWE Network
WWE announced that they will be removing the six month commitment required when joining the WWE Network. In December, it will cost $9.99 allowing the subscriber to cancel at any time and as such the company will be removing the $12.99 no commitment price plan.
Those who subscribe in November will receive that month free.
WWE also announced, "The Company plans to roll out new "resume play" and “watch list” features across WWE Network media platforms by the end of December."
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