WWE’s third quarter financial results were chock full of information about the state of the WWE Network. Here are the highlights:
– WWE Network had 1,233,000 paid subscribers at the end of Q3 2015, and averaged approximately 1,173,000 paid subscribers during the quarter, representing a 62% increase from Q3 2014.
– Total subscribers increased 79% to more than 1.3 million from the third quarter 2014; paid subscribers increased 7% to more than 1.2 million from the second quarter 2015.
– Network revenue reached a record of $145.8 million on a trailing 12-month basis.
– WWE Network is set to launch in Germany and Japan this January. WWE is also working on plans for expanding in China, the Philippines and Thailand.
– The Madison Square Garden live special featuring Brock Lesnar vs. Big Show recently became the most-watched WWE Network program, excluding the monthly pay-per-view events. The Stone Cold Podcasts and ‘Swerved’ are also among the most watched shows.
– WWE is working on WWE Network user experience improvements, including search upgrades, the ability to organize content as themed “collections” and allowing non-subscribers the ability to explore
–Â WWE is adding around 90 hours of original content to the WWE Network in the 4th quarter, including Breaking Ground and WWE 24 episodes.
–Â The on-demand library currently has more than 3,700 hours of content with more being added.