The WWE announced their second quarter financials today, and the WWE Network is doing fairly well. Total subscribers increased 75% to more than 1.2 million from the second quarter 2014; average paid subscribers increased 31% to approximately 1.2 million from the first quarter 2015
Network revenue reached a record of $131.0 million on a trailing 12-month basis that exceeded the company’s annual PPV revenue in every calendar year through 2014. The WWE Network had 1,156,000 paid subscribers at quarter end, and averaged approximately 1,216,000 paid subscribers during the quarter, representing an 83% increase from the prior year quarter and a 31% increase from the first quarter 2015 average.2
The Network had approximately 217,000 international subscribers at the end of Q2. 90% of subscribers accessed WWE Network at least once per month, and consumer research indicates that 91% of subscribers are satisfied with WWE Network.
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