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Originally Posted by Lamuella
why haven't they done that?
simple: there isn't the audience for it right now. It won't be profitable until the costs of running a cable channel are much lower.
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Nail on the head here.
Keep in mind they couldn't even establish enough air time for a seperate wCw brand. If the people already in the programming biz won't take a chance on 2-4 hours a week, what market could there be for a full wrestling channel?
Of course, I think this is largely the WWE's own fault. They really killed interest in wrestling. First, they hooked in TONS of people in the 90s, but couldn't keep them. Then, they decimated their competition, leaving their shows as the only ones out there. Since this killed a lot of exposure for wrestling in the US, a lot of the interest also died (On top of already lackluster programming).
Considering the whole inVasion angle, to paraphrase Rob in another thread, was a wet dream come true RIGHT up until Vince tried it...
Of course, I'm not totally blaming Vince or anything like that, but I feel that the WWE had a lot to do with it. A monopoly may be good on necessity items (Like computers have become), but an entertainment monopoly in a specialised field is bad business, especially when you're killing it with limit exposure and crap storylines.