6 Things We Learned From WWE's Fourth Quarter Earnings
5. The Network's Increased Scope
The WWE Network has revolutionised the way fans consume wrestling. It has become the primary focus of WWE programming outside of Raw and SmackDown, and its continued success has forced the competition to follow suit. Almost every notable wrestling promotion has some form of video streaming service in 2017, and it’s largely down to the WWE Network’s all-round success.
Vince is extremely proud of the Network’s scope, and give himself a pat on the back during yesterday’s earnings call. The “super serving” quote aside, Vince is happy with the Network’s increased product diversification through shows like 205 Live and the WWE UK Title Tournament in 2016, and mentioned that the Cruiserweights will soon have their own sources of revenue in the form of live events and merchandise.
The financial report notes that WWE Network subscribers watched a total of 294 million hours of content in 2016, which is an increase of 15% on the 2015 figure. This represents an average of 194 hours per household, and places the Network among America’s top broadcast networks. Though McMahon and George Barrios aren’t over the moon with the numbers, they’re both satisfied, and expect further growth in 2017.