WWE Q3 Financials: WWE Drops 6-Month Network Commitment

WWE announced today in their Q3 financials report that they are introducing a new “simplified price plan” for the WWE Network. They are dropping the six-month commitment, and keeping the price at $9.99. As just reported, the Network is only at 731,000 subscribers, well below where the company needs the numbers to be, especially considering the recent international expansion.

Beginning November 1, the Company will introduce a new simplified price plan at $9.99 per month with no commitment (cancel at any time). Current subscribers will benefit from this new simplified plan as they are migrated to this new plan beginning in December. The new pricing structure reflects management’s belief in the broad appeal of WWE Network content and is comparable to that of other subscription-based content platforms including Netflix and Hulu Plus. Additionally, all new subscribers who register for the network in November will receive the month of November for free, including the opportunity to watch Survivor Series live on Sunday, November 23rd.

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