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01-11-2014, 05:34 PM #1
How Much Money Has WWE Spent on the New Network?, WWE Signs New TV Deal, More
- The Los Angeles Times reported this week that WWE has spent over $40 million on developing the WWE Network. The company plans to break even by the end of the year if you factor in lost pay-per-view revenue.
- CTH in Thailand announced today that the have signed a new five-year TV deal with WWE. CTH will air WWE programming exclusively in Thailand beginning January 25th. WWE RAW, SmackDown, Main Event, NXT, Superstars, Vintage Collection, Afterburn, Bottomline, Experience, This Week In WWE and pay-per-views will be available daily beginning January 25th on CTH's Sports Spirit channel.
- At one point today, WWE stock hit a 52-week high at $17.22 per share. It closed at $17.03 today.