WWE Network Reportedly Losing Money - WWE to Lose Upwards of $50 Million This Year
Posted by Joseph Lee on 05.27.2014
Are you concerned?
WWE will reportedly lose more money this year than any wrestling promotion has ever lost in a calendar year, except for WCW in 2000. They will lose around $46-52 million this year. WCW lost $62 million in 2000. WWE projected to lose about $23-26 million in the first six months. After the new TV deal and the launch of the WWE network, they expected to break even. However, even with the company losing all of this money, there is no chance they're going to go out of business.