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Originally Posted by Smelly Meatball
Yeah business is soo great right now for the WWE that they suddenly need around $200 million to cover their current debts based on recent financial reports.
Network itself still hasn't come close to doing the financial things the WWE was expecting by now and even has declined a bit in terms of overall performance. Even so, it was only ever meant to replace their tv and ppv revenues which it still hasn't managed to get close to doing so.
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Never meant to replace TV revenue. The issue was PPV was a very volatile business, they figured out something that flattened monthly revenues and wound up increasing revenue compared to the PPV model years. Costs are higher now, but that's to be expected during the early stages of a new venture. They have tons of opportunities to further maximize revenues with tiered pricing and as they conquest overseas markets. Long run they made the right call and it's paying off in spades.