What Will Happen to WWE’s Streaming Network Business?
World Wrestling Entertainment (NYSE: WWE) has hit a wall with its streaming network. The project is a success in some ways, but not as successful as the company once hoped it would be.
In fact, back in December 2014, when the network had been live for about nine months, WWE CFO George Barrios predicted 3-4 million subscribers. That number was tossed around a lot in the early days of the network, though it was never set as an official goal by the company. The reality, however, is that WWE Network faces a tough road to get to even 2 million subscribers, and it may take a catastrophic event to the overall health of the company for that to happen.
WWE has seen slow, but steady growth from its streaming network. Image source: WWE.
Source: Fool.com
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