WWE's Plans for Cable Network Placed on Hold - Basketball Forum : Professional and College Basketball Forums

**Gonzo** · 09-06-2012, 10:17 PM

Surprise, surprise...

Quote:

Vince McMahon's dream to expand his sports-entertainment empire through a dedicated cable channel appears very much in doubt.

Faced with numerous outstanding hurdles, Wrestlezone.com reports Thursday that plans for the WWE Network have been indefinitely placed on hold. Although WWE's television shows draw strong ratings, the organization has yet to strike a single deal with a cable or satellite-television provider to carry the channel one year after officially announcing its formation. And while WWE has considered making the network a pay-subscription channel, similar to HBO or Showtime, internal studies have shown less than 100,000 homes would be willing to pay a monthly fee.

WWE was expected to hire approximately 200 employees, including a general manager to run the channel. According to sources close to the head of its Human resources department and Vice President of programming, the company has issued a hiring freeze. It is said that any recent hires are in jeopardy of being terminated.

WWE initially timed the launch of the network for April 1, 2012 to coincide with its pay-per-view extravaganza, WrestleMania. The company even had a clock counting down to the April launch date on its site, which eventually disappeared. The launch was reportedly pushed to November 2012, then February 2013. Now, with the infrastructure set up as it is, the network will be virtually impossible to get off the ground within the next year.

http://nodq.com/wwe/348984952.shtml

**BlueBaron** · 09-07-2012, 10:55 AM

Yeah, nobody saw this coming.

Kingsgm · 09-07-2012, 12:20 PM

How much money does the wwe make? Now they are going to let go their new hires. Funny stuff here! I mean the ppv is what around $60.00 for high def.. What the hell are they doing with all the cash?

**BlueBaron** · 09-07-2012, 12:28 PM

Quote:

Originally Posted by Kingsgm

What the hell are they doing with all the cash?

Kingsgm · 09-07-2012, 12:32 PM

lol the Million Dollar Man..

Kingsgm · 09-07-2012, 12:35 PM

Back in those days wrestling was much better.

FSH · 09-07-2012, 02:29 PM

im shock no cable or satellite provider was willing to strike a deal with WWE to air the network. All of the WWE shows pull good ratings and im sure WWE Network would do better then alot of the channels that Time Warner or Direct TV have now

**Diable** · 09-07-2012, 02:48 PM

My guess is that all those networks you're talking about cost the cable networks almost nothing to air. McMahon was probably asking for too much money or too good of a deal.

They would basically have to be part of a tier package and there would have to be people willing to pay a couple dollars more every month for that tier. Average Time Warner customer is going to raise hell if you try to raise their rates so you can add a WWE channel.

FSH · 09-08-2012, 07:53 PM

Quote:

- PWInsider reports that there is no truth to the reports that came out this week stating WWE has put all plans and operations for the WWE Network on hold. Plans are proceeding for the network.

Apparently there have also been rumors that WWE may be producing content for the new NBC Sports network, formerly known as The Versus Channel. While this isn’t outside of the realm of possibility because of WWE’s relationship with NBC Universal, word is that there have been no discussions at all regarding WWE producing programming for NBC Sports.

Source: PWInsider

Partnership between WWE and NBC Sports Network would be a good move for both sides

09-07-2012, 10:55 AM	#2 (permalink)
BlueBaron Reloaded Join Date: May 2003 Posts: 9,818 Rep Power: 8869104	Re: WWE's Plans for Cable Network Placed on Hold Yeah, nobody saw this coming. __________________

09-07-2012, 12:20 PM	#3 (permalink)
Kingsgm Thunder GM vs 2 Join Date: Aug 2012 Posts: 129 Rep Power: 1	Re: WWE's Plans for Cable Network Placed on Hold How much money does the wwe make? Now they are going to let go their new hires. Funny stuff here! I mean the ppv is what around $60.00 for high def.. What the hell are they doing with all the cash?

09-07-2012, 12:32 PM	#5 (permalink)
Kingsgm Thunder GM vs 2 Join Date: Aug 2012 Posts: 129 Rep Power: 1	Re: WWE's Plans for Cable Network Placed on Hold lol the Million Dollar Man..

09-07-2012, 12:35 PM	#6 (permalink)
Kingsgm Thunder GM vs 2 Join Date: Aug 2012 Posts: 129 Rep Power: 1	Re: WWE's Plans for Cable Network Placed on Hold Back in those days wrestling was much better.

09-07-2012, 02:29 PM	#7 (permalink)
FSH I want Waffles. Join Date: Aug 2002 Location: Syracuse,NY Posts: 14,005 Rep Power: 4891287	Re: WWE's Plans for Cable Network Placed on Hold im shock no cable or satellite provider was willing to strike a deal with WWE to air the network. All of the WWE shows pull good ratings and im sure WWE Network would do better then alot of the channels that Time Warner or Direct TV have now __________________

09-07-2012, 02:48 PM	#8 (permalink)
Diable Limehouse Blues Join Date: Apr 2005 Location: North Carolina Posts: 22,405 Rep Power: 14865553	Re: WWE's Plans for Cable Network Placed on Hold My guess is that all those networks you're talking about cost the cable networks almost nothing to air. McMahon was probably asking for too much money or too good of a deal. They would basically have to be part of a tier package and there would have to be people willing to pay a couple dollars more every month for that tier. Average Time Warner customer is going to raise hell if you try to raise their rates so you can add a WWE channel. __________________

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