News and Notes about WWE, WWE Network, Wall Street, and More

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cero2k
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News and Notes about WWE, WWE Network, Wall Street, and More

Post by cero2k » Mar 30th, '15, 21:39

Source: INSERT SOURCE NAME HERE

Despite the big WrestleMania and successful network growth, Wall Street was not impressed as WWE stock has dropped $2.66 per share to $13.86 as of press time.

*1.3 million subscribers for the WWE Network

New TV shows

*Camp WWE - South Park in WWE form, superstars as little kids in camps, adult entertainment

*Swerves - Pranks on WWE superstars when they least expect it

*Jerry Springer presents Too Hot for TV

*A global version of Diva Search

*1,000 hours will be added to the video library before the end of the year, which is now at 3,000 total hours.

*They plan to add WWE Network in all the key locations like India, Germany, Japan and Italy.

*February added 201,000 trial subscribers and 154,000 stayed to pay

*There will be another free month in April for new subscribers

*They averaged 918,000 paid subscribers in the first quarter

*They noted that the pattern could include declines seasonally, and talked about expecting 3-4 million at

*They expect OIBDA growth in every quarter with continued growth each quarter. They expect greater than $3 million to $8 million for the first quarter.

*They will spend about $120 million on the network this year, which includes on the PPV events as well as programming.

*India is the company's No. 3 market as far as TV revenue is concerned, behind the U.S. and the U.K.

*Vince McMahon had a great quote about Sting saying they took a character from obscurity and made him one of the main eventers at WrestleMania.
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