WWE Has Interest In Changing Their Live Event Business Model

FITE COO Mike Weber recently joined the Business of the Business podcast and was asked whether he could see WWE streaming their house shows akin to the 1980s broadcasts on regional cable channels. Webber responded:

“They definitely have an interest in doing it. I’m sort of surprised they’re not.

“In what I think is their opinion, it’s gotta look the level of Fox or nothing … So I don’t think they want to put a smaller production out there.

“Could it be done? Yeah, it could be done overnight. It would be easy to go in there and do those shows, because it’s still nice venues, bigger venues than, say, the GCW shows.

“GCW’s a good example; you can film those shows almost anywhere, and they work, and fans like them. I think it’s very important to [WWE] to keep that level of TV production at the highest level.

“That’s a $150,000-$200,000 … production budget to go and do every show, which would not make sense for your quote-unquote ‘house shows.'”