8 Biggest Casualties Of The WWE Network
6. The Home Video Department
Formed in April 1997, WWE Home Video was a continuation of the company's old distribution and production subsidiary, Coliseum Video. They released pay-per-view tapes, best of compilations, wrestler profiles, and themed videos focusing on match types, title histories, and a host of other topics.
Releases were expanded to include content like documentaries throughout the 2000s, but as you'd imagine, the general shift away from physical media and towards streaming services has obliterated the business. In 2008, Home video accounted for $58.5 million of the company's total revenue, but this had fallen to just $13.1 million in 2016, and WWE project that it'll experience further declines as the years progress.
WWE retained control of Home Video for most of the Network's first year of operation, but struck a deal with Warner Bros. Home Entertainment in November 2014. WWE still produce the titles, but Warner handle the distribution, allowing Vince McMahon's company to focus on their streaming platform instead. This side of the business isn't entirely dead, but the Warner arrangement shows that it is no longer a priority for WWE, who now spend the bulk of their time producing content exclusive to the Network.