Vince McMahon still remains a good business man, but even the best business men make terrible decisions. This year, Vince McMahon has made plenty of those horrific decisions, with his move to establish a subscription-based streaming service called WWE Network creating huge problems for WWE.
The wrestling company launched the online service at WrestleMania 31 back in April to mixed reviews. Vince McMahon issued a statement at the time about WWE needing at least one million subscribers to break even on WWE Network, but it was revealed on Thursday that the company are still way off their target.
Wrestling inc have reported that WWE have revealed their third quarter results for 2014 today, and the numbers certainly do not look good for the wrestling company.
Number not looking good
It has been revealed that WWE Network's subscribers has now reached the mark of 731,000 by the third quarter end, with a measly 31,000 subscribers added in the quarter.
Some dirt sheets have labelled the results as "pitiful" and it's hard to disagree with those views. The numbers are only 4% up on the last quarter, which shows the company have made minimal growth in that time.
- WWE Network predicted to fail as Vince McMahon faces criticism
- Brock Lesnar incredible demands to Vince McMahon revealed
- WWE: Vince McMahon's net worth could drop significantly
What can WWE do to turn things around
The statistics are particularly shocking for WWE Chairman Vince McMahon, who was the man responsible for WWE taking what they thought was a calculated risk.
It's not that WWE's product is all of a sudden not popular with it's audience, it's quite the contrary. Television audiences remains steady, it's just that the online product that the company has been shoving down the throats of the WWE Universe has not resonated with wrestling fans yet.
There may become a time when WWE hits the one million mark of subscribers that it so dearly craves, but in the meantime, what do you think WWE fans? What can WWE do to make the Network better? Or is it just a lost cause? Leave your thoughts in the comment box below.
Do YOU want to write for GiveMeSport? Get started today by signing-up and submitting an article HERE: http://gms.to/writeforgms