Is the WWE Network Already In Trouble? Vince McMahon Addresses His Investors
by CB on February 28, 2012

Last week, WWE held its quarterly conference call with investors. As reported by PW Torch, one of the two big stories coming out of the call is WWE remaining vague about the latest plans for its WWE Network launch that was scheduled to launch in April 2012. Despite being grilled by investors of the Network, WWE couldn’t give any clear answers on a project that is budgeted for $35-50 million in 2012.

Asked about a potential launch date, WWE CEO Vince McMahon said, “Launch sometime this year. No specific date.” Vince also said WWE is in negotiations with cable systems and that they “want to get it right when we launch.” However, there is an ominous sign here when Vince said the Network will launch “in one form or another” this year.

CB’s Slant: “In one form or another this year” … What does that mean, more YouTube shows?



Tags: ,



Source: PW Torch

Related News Articles

more articles »
BatmanvSupermanlogo
Zack Snyder's Batman v Superman: Dawn Of Justice Teaser Arrives Early, Much To WB's Displeasure

WWE Earns Two Social Media Awards

Star Wars Episode 7: The Force Awakens Unleashes Incredible New Trailer [Video]

Matt Brown Confirms Match With Nate Diaz Is A No-Go

CB

view profile »

Featured Poll

Which NXT Wrestler has the best chance of winning the WWE World Heavyweight Title on the main roster?

View Results

Loading ... Loading ...

Recent Comments

» more comments

Search Pulse

Author:

Zone:

Category: