Post by The Ultimate Nullifier on Feb 28, 2014 16:38:48 GMT -6
Forbes has a new article on the WWE Network .
They point out that WWE spent $75 million over the past two years to make the Network happen.
WWE estimates it will eventually reach 2 to 4 million subscribers but Robert Routh, director of equity research at National Alliance Capital Markets, believes that number is low.
He said, "I think the company is smartly being conservative. It has large global fan base, and it's continuing to grow. In the long term I think the network could attract millions more, perhaps up to 6 to 8 million subscribers."
They point out that WWE spent $75 million over the past two years to make the Network happen.
WWE estimates it will eventually reach 2 to 4 million subscribers but Robert Routh, director of equity research at National Alliance Capital Markets, believes that number is low.
He said, "I think the company is smartly being conservative. It has large global fan base, and it's continuing to grow. In the long term I think the network could attract millions more, perhaps up to 6 to 8 million subscribers."