The WWE Network was released in America in February this year and has so far seemed a success with more than 700,000 subscribers in USA and Canada alone.
The UK was originally scheduled to have the network "in time for Summerslam" with the proposed date around August 12th. Instead WWE have now released a new statement claiming the Network will be launched in the UK "by October" meaning it could be here in time for Night of Champions at the end of September.
The UK isn't the only country set to have the network by then with this being the presumed date for the international launch meaning countries like Spain, Hong Kong and Australia will have the network made available to them, whilst other European countries like Germany and Japan and Thailand will be forced to wait for a further few months, perhaps until January which was the first proposed date.
Rumours surrounding the situation suggest that Sky Sports could have something to do with some of the delays because the flag ship sports company only signed a new five-year deal with WWE in January this year.
They currently have the rights to broadcast both Raw, Smackdown and NXT on UK soil as well as all WWE pay-per-views which air live on Sky Box Office. Just how much this has to do with the delay remains to be seen. Right now the network streams all pay-per-views live for half of the price as well as having Main Event exclusively and NXT and Smackdown on their weekly programme list so Sky may have a problem with their programming no longer being exclusive.
News of more cuts has also leaked as around 60 people are set to lose their jobs after Thursday's second quarter earnings call. Its seems WWE plans to release around 7% of it's staff in the next few weeks with the current headcount around 850 despite the fact that Vince McMahon specified that it's "core business metrics remain strong."
The subscribers numbers are up and WWE even announced plans for the network to begin advertising to bring in some more revenue, even so, an international release will gain the company even more money because the 700,000 subscribers right now are bringing in almost $7 million, think how much WWE can multiply that by when they get the network world wide? But how much will they have to pay out to all of their current contract holders in order to do that?
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