Major WWE Network News
We are only 1 week away from the WWE Network launching. Could this be a really good thing or could it be a cover up for a tax write off. Please don’t take that the wrong way. We are not trying to bad mouth the network or put it down. We actually can’t wait for the network to kick off.
We think it’s going to benefit the fans to be able to watch all the PPV’s (old and new), DVD’s, exclusive backstage footage, NXT and much more for just $9.99 a month. However you do have to commit to it for 6 months so technically you’re not getting WrestleMania for free. People would like to know how we are possibly getting all this for just $9.99 a month. Now before we go any further we would like to say without plugging the WWE Network normally a WWE PPV costs $45, DVD’s $20, and we’re getting all this exclusive backstage footage. So technically WWE is losing a lot of money.
Now a few years ago WWE had the XFL. That was just normal football just with a twist to it. It was more impactful only because of all the much different hard hitting action you would see. WWE put millions into this and it only lasted for 1 year. It was finally told that it was stopped because there wasn’t enough viewers and they were losing money on the product.
This was actually a tax write off because WWE was falling into a much higher tax bracket and spending money. This was all confirmed the following year. On another note Stephanie McMahon has been selling her stocks left and right. That just goes to show you the company was in line for lost in revenue. If they sold now they keep more of their money. How would it be a tax write off you ask? Let’s break it all down.
· WWE PPV’s - $45 a month
· WWE DVD’s - $20 a DVD (sometimes 3 DVD’s a month) that’s $105 they make per fan a month.
Now that’s just 2 things thing’s right there. That’s not including older DVD’s and shows they sell to. So that’s $105 a month now down to $9.99 a month. That’s $95 they just lost. That’s a multimillion dollar company losing out on $95. That’s nothing to them but take a look at this.
· $95 x 10 fans = $950
· $95 x 100 fans = $9,500
· $95 x 1,000 fans = $95,000
· $95 x 10,000 fans = $950,000
· $95 x 100,000 fans = $9,500,000
· $95 x 1,000,000 fans = $95,000,000
That’s just a million fans. That’s a lot of money WWE is losing. So to sum it all up for everyone this is most likely going to be another tax write off and we’ll only see the WWE Network around for about 1 year. So if it is only 1 year let’s live it up, save money and enjoy the hell out of this Network. The Network is great for the fans and WWE but let’s see how long it lasts.