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.

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


Tribute to the Troops Smackdown live tonight on FOX

Tonight's episode of Friday Night Smackdown on FOX will be themed as Tribute to the Troops, with the show...

Sami Zayn taking some time off from WWE TV

Dave Meltzer of the Wrestling Observer is reporting that Sami Zayn will be taking some time off from WWE...

Seth Rollins on his animosity towards CM Punk: “It’s deep, deep-rooted”

Appearing on the SI Media Podcast with Jimmy Traina, current WWE World Heavyweight champion Seth Rollins explained his animosity...