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Home » WWE News » WWE’s “Very Big Announcement” Concerning Cable Network

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During WWE’s third quarter conference call with investors on November 3, 2011, CEO Vince McMahon stated the organization would “soon be making a very big announcement” regarding WWE Network plans. He said the company feels confident they “finally turned the corner” on the cable television network’s status to make the announcement. Included will be future expenses of $4-6 million for staffing and $10-15 million for additional equipment and construction of their media center to house network operations.

According to a source within WWE’s corporate headquarters in Stamford, Connecticut, the “very big announcement” is that Wrestlemania 28 will be broadcast live. The cable television network is expected to be launched on April 1, 2012, the day of WrestleMania.

WWE has bought extensive amount of office space in Norwalk and Stamford, Connecticut to employ over 200 employees for the cable television network. They’ve also spent money on trailers so employees could work on digitizing their vast tape library. WWE has approximately 100,000 hours of footage in their tape library, with 30,000 hours currently digitized.

  • Philly655

    smiffybluenose – the pg run is tied in with the Mattel action figures deal i think as the 5 year deal between them was for a pg product

  • smiffybluenose

    THIS MAY END THE PG ERA AS WWE WILL NOT HAVE TO ASK PERMISSION T DO THINGS ON AIR LIKR THEY HAVE TO NOW. I THINK THIS WILL BE A GOOD THING IN THE LONG RUN

  • TheStinger

    The marketing manager in WWE should indeed get a raise for this idea. Just brilliant. The best way to launch their network!

  • El Dandy

    Couldn’t this sort of backfire though? For example, someone that can’t get the network refuses to buy it on PPV since others are getting it free

  • Mojojojo

    Wait…you’re saying the new WWE channel is going to broadcast ‘Mania?

    If it’s true, that would be a brilliant strategy to get a huge viewership. Could possibly make more cash that way then on PPV.

  • Effmenow

    Whoever thought of that idea needs a raise.

  • Big Papa

    God I hope the network launches on DirecTV. I have the highest package that doesn’t include the movie channels so hopefully I will get it.

  • Callum

    that would be good

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