10 Biggest Victims Of The WWE Network Failure

By Chris Smith /

3. The Shareholders

We already mentioned that WWE has lost millions of dollars on the Network already. Well the problem for WWE, which no other wrestling promotion in the world faces, is that they are a publicly traded company with shareholders to please. So when their stock goes down, you can bet it's not a metaphor. Their stock has literally plummeted in 2014 and shareholders have rightfully evacuated. April 7 (the day after WrestleMania) was the day WWE revealed that less than 700,000 people had subscribed for the first six month period. Failing to reach their target of 1 million subscribers set off alarm bells at the stock exchange and investors sold their stock like it was poisonous. So yes the shareholders have taken a hit too.But as we mentioned earlier, WWE responded to this loss of income by firing over a dozen wrestlers and 55 employees in order to keep costs down and appease these shareholders. They come first see.