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Post by Jaz on Apr 7, 2014 22:47:56 GMT -5
I know there's a thread for the Network, but if we can have like 30 threads about Taker, we can have two about the Network. I just stumbled across this article on WWE.com. www.wwe.com/inside/wwe-network-on-track-to-one-million-subscribers-26222542It sounds like the WWE is well on their way to meeting their goal. After reading this and seeing that the Wrestlemania stream didn't have any major issues for the most part, do you guys think that the Network has been a success so far?
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Post by King Bálor (CM)™ on Apr 7, 2014 22:54:54 GMT -5
HUH?! Well on their way. They have just over 661,000 subscribers and that was AFTER WM 30. The stock dropped 15% today because of these numbers. A million subscribers is what it needs to break even. Honestly, I thought they would have had a million LONG before WM 30. Even I subscribe to WWE Network and I have high praise for the quality of my stream last night from the network. I had 2 moments that the screen froze and it was just for like 20 seconds. I was impressed. BUT....these early numbers are NOT good and the stock drop proved that.
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Post by ztj_wwf on Apr 7, 2014 22:56:49 GMT -5
I wouldn't call 600000 on track to a million...They need to release it worldwide.
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Post by Jaz on Apr 7, 2014 22:57:36 GMT -5
HUH?! Well on their way. They have just over 661,000 subscribers and that was AFTER WM 30. The stock dropped 15% today because of these numbers. A million subscribers is what it needs to break even. Honestly, I thought they would have had a million LONG before WM 30. Even I subscribe to WWE Network and I have high praise for the quality of my stream last night from the network. I had 2 moments that the screen froze and it was just for like 20 seconds. I was impressed. BUT....these early numbers are NOT good and the stock drop proved that. I'm sure a lot of people were waiting to see if Wrestlemania went off without any issues before they subscribe, but maybe that's just wishful thinking.
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Post by Deleted on Apr 7, 2014 22:57:52 GMT -5
I actually ordered yesterday.
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Post by Deleted on Apr 7, 2014 22:58:08 GMT -5
Do you guys think the network will last? I sure as hell hope it does.
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Post by slappy on Apr 7, 2014 22:58:43 GMT -5
HUH?! Well on their way. They have just over 661,000 subscribers and that was AFTER WM 30. The stock dropped 15% today because of these numbers. A million subscribers is what it needs to break even. Honestly, I thought they would have had a million LONG before WM 30. Even I subscribe to WWE Network and I have high praise for the quality of my stream last night from the network. I had 2 moments that the screen froze and it was just for like 20 seconds. I was impressed. BUT....these early numbers are NOT good and the stock drop proved that. It's been one day since WrestleMania 30. Do you expect 400,000 new subscribers over night? People probably waited to see if the stream would hold up before ordering and they will order now that the stream was great. Their goal is 1 million at the end of the year. They are well on their way.
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Post by Tye Hyll on Apr 7, 2014 23:01:14 GMT -5
I think once it opens world wide they will quickly surpass it but yeah, I expected it to do better since Netflix has what? 72 million subs?
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Post by Jaz on Apr 7, 2014 23:03:19 GMT -5
Plus, they're over halfway to reaching their goal of 1 million subs in one year, and the Network hasn't even been out for two months yet.
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Post by King Bálor (CM)™ on Apr 7, 2014 23:08:55 GMT -5
HUH?! Well on their way. They have just over 661,000 subscribers and that was AFTER WM 30. The stock dropped 15% today because of these numbers. A million subscribers is what it needs to break even. Honestly, I thought they would have had a million LONG before WM 30. Even I subscribe to WWE Network and I have high praise for the quality of my stream last night from the network. I had 2 moments that the screen froze and it was just for like 20 seconds. I was impressed. BUT....these early numbers are NOT good and the stock drop proved that. It's been one day since WrestleMania 30. Do you expect 400,000 new subscribers over night? People probably waited to see if the stream would hold up before ordering and they will order now that the stream was great. Their goal is 1 million at the end of the year. They are well on their way. No. I expect 1 million subscribers BEFORE WM 30 aired. Hell...they gave away a free week. Its WM 30 and its $10. We just had 75,000 people buy tickets to WM spending countless dollars. The PPV was $70 to purchase. If this was a satisfactory number like you proclaim....the stock wouldnt fall 19% following the release of this number closing at almost 15% down. In addition, you have to keep in mind that the number of subscribers currently isnt enough to counteract the loss of PPV revenue. The WWE Network is taking away from PPV revenue, why Dish and cable companies are ticked. They get a piece of that as well. Hell...Forbes is already predicting that WWE wont be able to hit this magic number. Before these numbers, WWE was one of the highest rising stocks on Wall Street. Stock analysts have been wary of the WWE network since its inception. Me? I always thought this would work and become a very profitable venture for WWE. But right now....its headed down the road of the XFL. Bottom line....the proof is in the numbers. A 15% dip after a sold out PPV, the biggest of the year....not a good sign.
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Post by Jaz on Apr 7, 2014 23:11:44 GMT -5
It's been one day since WrestleMania 30. Do you expect 400,000 new subscribers over night? People probably waited to see if the stream would hold up before ordering and they will order now that the stream was great. Their goal is 1 million at the end of the year. They are well on their way. No. I expect 1 million subscribers BEFORE WM 30 aired. Hell...they gave away a free week. Its WM 30 and its $10. We just had 75,000 people buy tickets to WM spending countless dollars. The PPV was $70 to purchase. If this was a satisfactory number like you proclaim....the stock wouldnt fall 19% following the release of this number closing at almost 15% down. In addition, you have to keep in mind that the number of subscribers currently isnt enough to counteract the loss of PPV revenue. The WWE Network is taking away from PPV revenue, why Dish and cable companies are ticked. They get a piece of that as well. Hell...Forbes is already predicting that WWE wont be able to hit this magic number. Before these numbers, WWE was one of the highest rising stocks on Wall Street. Stock analysts have been wary of the WWE network since its inception. Me? I always thought this would work and become a very profitable venture for WWE. But right now....its headed down the road of the XFL. Bottom line....the proof is in the numbers. A 15% dip after a sold out PPV, the biggest of the year....not a good sign. I wouldn't compare it to the XFL. You just have to give it some time.
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Post by King Bálor (CM)™ on Apr 7, 2014 23:14:55 GMT -5
No. I expect 1 million subscribers BEFORE WM 30 aired. Hell...they gave away a free week. Its WM 30 and its $10. We just had 75,000 people buy tickets to WM spending countless dollars. The PPV was $70 to purchase. If this was a satisfactory number like you proclaim....the stock wouldnt fall 19% following the release of this number closing at almost 15% down. In addition, you have to keep in mind that the number of subscribers currently isnt enough to counteract the loss of PPV revenue. The WWE Network is taking away from PPV revenue, why Dish and cable companies are ticked. They get a piece of that as well. Hell...Forbes is already predicting that WWE wont be able to hit this magic number. Before these numbers, WWE was one of the highest rising stocks on Wall Street. Stock analysts have been wary of the WWE network since its inception. Me? I always thought this would work and become a very profitable venture for WWE. But right now....its headed down the road of the XFL. Bottom line....the proof is in the numbers. A 15% dip after a sold out PPV, the biggest of the year....not a good sign. I wouldn't compare it to the XFL. You just have to give it some time. I said it was headed down the same path. It has been given time...more importantly, there is no bigger time than WM season. To release a number like 667,000 isnt a winning number. I am SHOCKED it isnt at 1 million or VERY close to it. This is a number that is far from the BREAK EVEN point. You forget that 1 million isnt gonna make them money. In fact that 667,000 is probably costing them money in PPV revenue sales right now. Thats WHY the stock took a dump today.
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Post by slappy on Apr 7, 2014 23:16:42 GMT -5
It's been one day since WrestleMania 30. Do you expect 400,000 new subscribers over night? People probably waited to see if the stream would hold up before ordering and they will order now that the stream was great. Their goal is 1 million at the end of the year. They are well on their way. No. I expect 1 million subscribers BEFORE WM 30 aired. Hell...they gave away a free week. Its WM 30 and its $10. We just had 75,000 people buy tickets to WM spending countless dollars. The PPV was $70 to purchase. If this was a satisfactory number like you proclaim....the stock wouldnt fall 19% following the release of this number closing at almost 15% down. In addition, you have to keep in mind that the number of subscribers currently isnt enough to counteract the loss of PPV revenue. The WWE Network is taking away from PPV revenue, why Dish and cable companies are ticked. They get a piece of that as well. Hell...Forbes is already predicting that WWE wont be able to hit this magic number. Before these numbers, WWE was one of the highest rising stocks on Wall Street. Stock analysts have been wary of the WWE network since its inception. Me? I always thought this would work and become a very profitable venture for WWE. But right now....its headed down the road of the XFL. Bottom line....the proof is in the numbers. A 15% dip after a sold out PPV, the biggest of the year....not a good sign. 1 million is what they projected for the end of the year. I don't know why you'd expect that in a little over a month. It's $60 because of the commitment. People were probably waiting to see if it worked well. Stocks fall for all sorts of crazy reasons. It fell when Donald Trump "bought" Raw. It rose because of speculation Vince would sell. It's fickle. Analysts have WWE as 'buy' so it seems to be doing alright.
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Post by Jaz on Apr 7, 2014 23:24:43 GMT -5
I wouldn't compare it to the XFL. You just have to give it some time. I said it was headed down the same path. It has been given time...more importantly, there is no bigger time than WM season. To release a number like 667,000 isnt a winning number. I am SHOCKED it isnt at 1 million or VERY close to it. This is a number that is far from the BREAK EVEN point. You forget that 1 million isnt gonna make them money. In fact that 667,000 is probably costing them money in PPV revenue sales right now. Thats WHY the stock took a dump today. I don't pay any attention to the stock market, so I wouldn't know. Either way, I think the Network will reach a million subscribers long before the end of the year. Yes, you would think Wrestlemania would make a lot of people subscribe, but I think a lot of people were worried about how good or bad the stream would be. I was. I'm already subscribed to the Network, but I still watched Mania on PPV just in case. With the success of Wrestlemania, I think the Network will gain a lot more subscribers. The WWE Network hasn't even been out for two months, and they've already racked up 667,00 subscribers. Also, with there being a 6 month commitment, the amount of subscribers is only gonna go up.
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Post by Deleted on Apr 7, 2014 23:26:18 GMT -5
Well I mean, don't forget all the people that didn't order the Network because of Punk and Bryan and Batista and all that.
All 3 of them.
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Post by Deleted on Apr 7, 2014 23:27:49 GMT -5
I wouldn't compare it to the XFL. You just have to give it some time. I said it was headed down the same path. It has been given time...more importantly, there is no bigger time than WM season. To release a number like 667,000 isnt a winning number. I am SHOCKED it isnt at 1 million or VERY close to it. This is a number that is far from the BREAK EVEN point. You forget that 1 million isnt gonna make them money. In fact that 667,000 is probably costing them money in PPV revenue sales right now. Thats WHY the stock took a dump today. Who gives a sh+t about how much the stock dipped that's how the market works.....the 1 million subscribers was a bench mark they hoped to reach after a YEAR....its been just over ONE month and they already have 667,000 subs not to mention they still have the rest of the world to launch the network to....
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Post by King Bálor (CM)™ on Apr 7, 2014 23:38:51 GMT -5
No. I expect 1 million subscribers BEFORE WM 30 aired. Hell...they gave away a free week. Its WM 30 and its $10. We just had 75,000 people buy tickets to WM spending countless dollars. The PPV was $70 to purchase. If this was a satisfactory number like you proclaim....the stock wouldnt fall 19% following the release of this number closing at almost 15% down. In addition, you have to keep in mind that the number of subscribers currently isnt enough to counteract the loss of PPV revenue. The WWE Network is taking away from PPV revenue, why Dish and cable companies are ticked. They get a piece of that as well. Hell...Forbes is already predicting that WWE wont be able to hit this magic number. Before these numbers, WWE was one of the highest rising stocks on Wall Street. Stock analysts have been wary of the WWE network since its inception. Me? I always thought this would work and become a very profitable venture for WWE. But right now....its headed down the road of the XFL. Bottom line....the proof is in the numbers. A 15% dip after a sold out PPV, the biggest of the year....not a good sign. 1 million is what they projected for the end of the year. I don't know why you'd expect that in a little over a month. It's $60 because of the commitment. People were probably waiting to see if it worked well. Stocks fall for all sorts of crazy reasons. It fell when Donald Trump "bought" Raw. It rose because of speculation Vince would sell. It's fickle. Analysts have WWE as 'buy' so it seems to be doing alright. I expected it because of what you get vs. the cost factor. Its clear by the stock drop, that I am not the only person who sees this number and fears that this is gonna be a losing venture. Yes, stocks can fall for all kinds of crazy reasons. But THIS was the financial news of the day for WWE and it followed by a 19% drop. I think its safe to say that, no matter what the dirtsheets want you to believe the stock fell cuz the streak ended, that it was in fact the poor number. I fully expect the WWE network to go up in price before the year is out. Maybe to $12. I said it was headed down the same path. It has been given time...more importantly, there is no bigger time than WM season. To release a number like 667,000 isnt a winning number. I am SHOCKED it isnt at 1 million or VERY close to it. This is a number that is far from the BREAK EVEN point. You forget that 1 million isnt gonna make them money. In fact that 667,000 is probably costing them money in PPV revenue sales right now. Thats WHY the stock took a dump today. Who gives a sh+t about how much the stock dipped that's how the market works.....the 1 million subscribers was a bench mark they hoped to reach after a YEAR....its been just over ONE month and they already have 667,000 subs not to mention they still have the rest of the world to launch the network to.... BWAHAHAHAAH!!! Who cares about the stock and the market? I think Vince and his family care. Cuz he isnt on his own anymore. He has shareholders to answer to. You must have no idea how bad the XFL hurt Vince and the WWE. There is a lot riding on this network....more now than ever. You act like a million is some magic number that proves the network to be a success. Fact is a million isnt a success. A million is a break even point. The network wasnt created to break even. It was created to make money. It was created so that WWE could get a bigger piece of the pie and take its programming away from cable/satellite. It can air whatever it wants on the network. Its also not governed by FCC.
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Post by Calcifer Boheme on Apr 7, 2014 23:40:43 GMT -5
It will get the numbers they want in time. I'm sure a lot of people were uncertain about getting it for Mania, but it turned out great and word of that will get out.
It's a fantastic service and will eventually get them what they want.
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Post by King Bálor (CM)™ on Apr 7, 2014 23:50:59 GMT -5
HUH?! Well on their way. They have just over 661,000 subscribers and that was AFTER WM 30. The stock dropped 15% today because of these numbers. A million subscribers is what it needs to break even. Honestly, I thought they would have had a million LONG before WM 30. Even I subscribe to WWE Network and I have high praise for the quality of my stream last night from the network. I had 2 moments that the screen froze and it was just for like 20 seconds. I was impressed. BUT....these early numbers are NOT good and the stock drop proved that. Yep, if I didn't think you were an idiot before this..I think you're one now. They needed 400,000 to break even for the cost of the Network, not 1m. 1m is what they need overall for the loss in PPV buys, which is something they'll cover within the next 8-10 months easily. Their prediction was 1m by the end of the year, and between 10,000-500,000 thousand subscribers by April 7. That's definitely above their expectations. The Network drop is just evening out what was a crazy jump in stock when the WWE Network was announced. The drop in prices also comes from analysts who suspect that most of the people who subscribe to the Network were also people who made buys on PPV. Now, I don't think I need to explain why that's a flawed assumption--but I will anyway. Piracy. I am confident that WrestleMania's buys on PPV this year will be just fine. Maybe below 439,000... But that's okay. Let's also not forget that it isn't available around the world yet, that'll add another 1m subs easily, as the WWE has a strong core fanbase in the UK, Australia/New Zealand, France, the Middle East and South America. variety.com/2014/digital/news/profit-in-sight-nearly-670000-subscribe-to-wwe-network-1201153433/Read that article by Variety, a writer who actually did his research and talked with WWE execs. I'm the idiot? You have no rational conception of how this ing works, do you? I honestly believe you DO NOT read my posts. You just see I posted and start to fire off nonsense. Typical keyboard warrior. I'll say it again since I know you missed it......they need 1 million subscribers to break even. PERIOD. End of story. That is a fact as reported by Forbes. FACT. Who the hell would is suspecting most people who subscribe to the network also bought the PPV? I'm sure there were some....but most??!!?! NO WAY! Anyone here on WFigs do that? Variety can writer whatever article they want. Thats conjecture. Whats fact.....WWE stock dropped 19% with the release of that number. They finished 15% down for the day. FACT. I'm gonna take this FACTUAL data being more relevant than an opinion piece. You feel free to be blinded by conjecture. As far as the international market goes....my initial thought would be it should definitely push WWE to the million number. That was my initial thought. But when Jayme Wiggins from Intrepid Capital Management unloaded his 10% stake in WWE today based directly from this number......I have to pause. FACT....Jayme Wiggins knows more about the network and profitablility than both of us combined. He is a successful entreprenur that has made thousands upon thousands in the stock market. HE knows more than a couple of guys bitching on a wrestling figure message board.
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Post by Deleted on Apr 7, 2014 23:56:30 GMT -5
Yep, if I didn't think you were an idiot before this..I think you're one now. They needed 400,000 to break even for the cost of the Network, not 1m. 1m is what they need overall for the loss in PPV buys, which is something they'll cover within the next 8-10 months easily. Their prediction was 1m by the end of the year, and between 10,000-500,000 thousand subscribers by April 7. That's definitely above their expectations. The Network drop is just evening out what was a crazy jump in stock when the WWE Network was announced. The drop in prices also comes from analysts who suspect that most of the people who subscribe to the Network were also people who made buys on PPV. Now, I don't think I need to explain why that's a flawed assumption--but I will anyway. Piracy. I am confident that WrestleMania's buys on PPV this year will be just fine. Maybe below 439,000... But that's okay. Let's also not forget that it isn't available around the world yet, that'll add another 1m subs easily, as the WWE has a strong core fanbase in the UK, Australia/New Zealand, France, the Middle East and South America. variety.com/2014/digital/news/profit-in-sight-nearly-670000-subscribe-to-wwe-network-1201153433/Read that article by Variety, a writer who actually did his research and talked with WWE execs. I'm the idiot? You have no rational conception of how this ing works, do you? I honestly believe you DO NOT read my posts. You just see I posted and start to fire off nonsense. Typical keyboard warrior. I'll say it again since I know you missed it......they need 1 million subscribers to break even. PERIOD. End of story. That is a fact as reported by Forbes. FACT. Who the hell would is suspecting most people who subscribe to the network also bought the PPV? I'm sure there were some....but most??!!?! NO WAY! Anyone here on WFigs do that? Variety can writer whatever article they want. Thats conjecture. Whats fact.....WWE stock dropped 19% with the release of that number. They finished 15% down for the day. FACT. I'm gonna take this FACTUAL data being more relevant than an opinion piece. You feel free to be blinded by conjecture. As far as the international market goes....my initial thought would be it should definitely push WWE to the million number. That was my initial thought. But when Jayme Wiggins from Intrepid Capital Management unloaded his 10% stake in WWE today based directly from this number......I have to pause. FACT....Jayme Wiggins knows more about the network and profitablility than both of us combined. He is a successful entreprenur that has made thousands upon thousands in the stock market. HE knows more than a couple of guys bitching on a wrestling figure message board. And what exactly are you? WWE expects 1 million by the end of the year, not within 2 months. Having 667,000 already from just one country is probably very satisfying to them as the number can only go up after they release the Network in more countries. They no doubt feel they can get more than 400,000 more people in 8 months after getting more than that in 2. Literally the ONLY person shocked they don't have 1 million already is you, and THEY know more than a guy bitching on a wrestling figures board.
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