Vince McMahon is a visionary and is always looking for new ways to make money beyond the professional wrestling business. As much of a genius that he is, how come it’s taking so long for the WWE Network to get off the ground?
McMahon initially planned for the cable television channel to debut last year at WrestleMania 28. The WWE Network was then put on hold because McMahon was unable to find enough employees to operate the channel plus he was having a hard time striking a deal with TV providers that were willing to carry the channel.
It has now been over a year and there is still no sign of the WWE Network breaking ground anytime soon. Not to mention, the planned reality TV show that will be based on the Divas has now been moved to the E! channel instead.
Despite all of this, McMahon is still hopeful about the WWE Network and optimistic about its success. McMahon better pray that the channel is successful since his other ventures outside of the professional wrestling industry have tanked. The infamous XFL football league only lasted for one season. WWE Studios has only made two or three profitable movies since its inception in 2005.
Another barrier for the WWE Network is the type of programming fans are willing to pay to see on it. Most wrestling fans would love to see the hours of old WWF, WCW and ECW programming the company has in its vault. Having said that, are fans willing to pay up to $12 extra per month just to see old wrestling matches?