WWE CFO Discusses The Future of the Company on PPV
Posted by Larry Csonka on 03.20.2013
Could it be folded into the network as previously speculated?
- At the annual ROTH Capital Partners meeting for potential investors in California, WWE CFO George Barrios spoke about the future of WWE on PPV. Here is what he had to say…
"We believe over time. We believe the value proposition will be much more powerful to subscribe to a network at $12.99 to $14.99, 24/7.
We're one of the preeminent pay-per-view providers today and our pay-per-views are priced anywhere between $49.95 and $59.95 today. We're going to make that the core of a value proposition with a lot of other new content and put it on a premium network so that our fans can subscribe.
And to your question about breakeven, about a million subscribers because the pay-per-view buyers will migrate over to the network. That's our belief."