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February 24, 2016
In its fourth quarter earnings release, WWE reported 1.22 million paid network subscribers, a nearly 50% increase from the same period last year. The company noted that WWE Network hit an all-time high of 1.24 million average paid subscribers for the quarter. It also pointed out that the service has hit some pretty impressive goalposts -- it cited data from Parks Associates that says the WWE Network is the fifth largest direct-to-consumer subscription service in the U.S., following Netflix, Amazon Video, Hulu, and MLB.TV.
From the article "WWE Network Proves to Be What's Best for Business" by www.investopedia.com
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A Bloomberg story on the agreement said that insiders put the price for the package at between $30 million and $35 million. It said that Facebook is broadening its sports lineup. Last year, it agreed...
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