- The Los Angeles Times has covered WWE’s Network announcement. They note that Vince McMahon says the terms pay-TV distributors wanted in return for carrying the WWE Network were “too restrictive”. WWE had deals ready to go with major distributors for a network that would have generated fees of 20 cents per month, per subscriber. Vince said he would not sign it.
Regarding cable and satellite providers continuing to carry WWE pay-per-view events, Vince said:
“I think it’d be foolish for them not to want to carry the pay-per-view anymore. It’s found money for them.”
After Vince’s comments, DirecTV representatives confirmed they could drop WWE pay-per-views.
“Clearly we need to quickly re-evaluate the economics and viability of their business with us, as it now appears the WWE feels they do not need their PPV distributors,” DirecTV said in a statement, adding that the audience for its events “has been steadily declining, and this new low-cost competitive offering will only accelerate this trend.”
|New WWE Tag Team Champions Crowned at Survivor Series, Steve Austin's Live Podcast Coming to WWE Network|
|Seth Rollins On Brock Lesnar's Title Reign - "I Think It's Bull Crap, I Don't Appreciate It One Bit"|
The Hottest WWE news, photos and videos delivered to your inbox in one convenient newsletter. Sign up now and give it a try!
|19||WWE Survivor Series Report - 11/23/14|
|10||Screeching Weasel Frontman Blasts CM Punk, Calls on Female Fans to Challenge Punk to Fight|
|9||*Spoiler* Huge, Huge Name Scheduled to Make WWE TV Debut at Survivor Series|
|9||Sting Makes His WWE TV Debut, Possible Match Against Triple H?, Update on The Authority|
|6||The Latest On When Roman Reigns May Return To The Ring, Check Out Sting's WWE 2K15 Entrance|