Update On Tiered WWE Network Restructure
The new, long awaited tiered structure for the WWE Network appears to still be on hold, but good news could be on the horizon. We’ve not heard anything concrete on WWE’s plans for the tiered format for a while, though the company have now released their free to watch version.
Dave Meltzer of the Wrestling Observer has reported that, as of now, WWE have scrapped plans for the tiered Network. However, Mike Johnson of PWInsider has reported that Independent wrestling content will still be hitting the Network in the near future. WWE recently acquired the rights to PROGRESS and ICW, as well as recently purchasing EVOLVE and its content library along with the library of Dragon Gate USA.
The tiered Network has been in the works for some time now but has yet to come to fruition. Former WWE Co-President George Barrios laid out his plans for a free tier, a regular tier, and a premium tier. WWE launched the free tier earlier this year, at the same time removing the 30-day free trial option. Vince McMahon said during the recent second-quarter 2020 financial report call that WWE have not been hurt by the switch.
WWE reported that paid subscribers are up to 1.69 million, a rise of 6%, in their 2020 second quarter earnings report.
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