WWE Network Pins 1M Subs, Taking Company Shares Off The Ropes

The announcement comes at a difficult time for WWE. It has lost 46% of its market value during the past 12 months as it became clear that the $9.99-a-month online service was cannibalizing revenues from the company’s popular pay-per-view broadcasts. The company said last May that it would need at least 1.4 million subscribers for the initiative to pay off. РDavid Lieberman, Deadline Hollywood
(Full Story: http://ift.tt/18qoD1v )