If you subscribe you will receive all the news immediatley as it is posted on the site! For more information click here.
By the time the first quarter ended on March 31, 2014, the WWE Network had 495,000 subscribers which generated $4.4 million in subscription revenue.
From that date till the day after WrestleMania on April 7, WWE managed to attract an additional 172,287 subscribers which adds over $1.6 million more in revenue that will be recorded in the Q2 earnings release.
On April 7, WWE announced that it had 667,287 subscribers in total to their WWE Network.
The $4.4 million in network subscription revenue was partially offset by a $1.3 million decline in pay-per-view revenue. Pay-per-view revenue declined 9% to $13.8 million driven by a 10% decline in buys for the Royal Rumble and Elimination Chamber events.
Pay-per-view revenue will take an even bigger hit in Q2 2014 as starting with WrestleMania, these events started airing on the WWE Network.