Update On WWE Network Subscriber Numbers Following Latest Earnings Report
Total subscribers are up 8% on this time last year.
WWE officially released their latest earnings report on Thursday afternoon, and as usual, it featured an update on the company's current Network subscription numbers.
As per the Q2 2017 report, the streaming service averaged 1.63 million paid subscribers from the start of April to the end of June, broken down as 410,000 international customers, and 1.158 million within the United States. This represents an 8% increase on Q2 2016, when the company reported 1.509 million subscribers.
The new figure is in-line with projections made in the promotion's Q1 2017 earnings report, when they targeted 1.63 million for the second quarter. WWE's post-WrestleMania 33 report announced that the Network had 1.959 million total subscribers, with 1.611 million of those paid, and the rest free. There is no such breakdown in the latest release.
These numbers brought $54.9 million revenue into the company, an increase on last year's figure of $51.8 million. For Q3, WWE expect their paid subscription count to tall to somewhere in the region of 1.54 million, which tends to happen every year as customers cancel their accounts after WrestleMania. If they hit these number, it'll represent a 5.5% increase on last year.