-

McMahon says it was his call not to sign deal for traditional distribution of Network

Speaking with the Los Angeles Times, WWE Chairman and Chief Executive Officer Vince McMahon said that it was his call not to sign a deal for a traditional distribution of the WWE Network.

McMahon said that the company already had deals in place with major distributors but their terms were too restrictive and at the end of the day it would have generated 20 cents per subscriber per month for WWE.

“I said, much to the chargin of my staff, I’m not going to sign it,” McMahon told the LA Times.

The Chairman and CEO said that it will take a million subscribers to break even but is confident in the WWE fans as they are “early adopters of new technologies.”

Michelle Wilson, WWE’s Chief Revenue and Marketing Officer said that going with over-the-top service and technology gives the company better control of their own destiny and better user interface.

“We think this is the future,” Wilson said.


Discover more from Wrestling-Online.com

Subscribe to get the latest posts sent to your email.

Colin Vassallo
Colin Vassallohttps://www.wrestling-online.com
Colin Vassallo has been editor of Wrestling-Online since 1996. He is born and raised in Malta, follows professional wrestling and MMA, loves to travel, and is a big Apple fan!

Stories you might also likeRELATED
Recommended to you

LATEST NEWS

One Fall Wrestling to tape shows in conjunction with Dynamite on September 9

One Fall Wrestling, which is owned by AEW Vice President QT Marshall, issued a press release today announcing that...

Dwayne “The Rock” Johnson getting into the music industry

In an exclusive interview with Rolling Stone, Dwayne "The Rock" Johnson revealed that he's trying out a new career...in...

Nikki Cross talks release from WWE, multiple gimmicks, buying PROGRESS Wrestling, and more

Nikki Cross sat down with Chris Van Vliet in Orlando, FL to discuss her journey from being an extra...