The New York Post has a new article up about WWE stock dropping 14.7 percent on Monday, closing at $14.09 per share, just one day after their biggest show of the year and just hours after they announced 1.3 million WWE Network subscribers.
Some critics are saying WWE is setting a bad precedent by continually offering free month subscriptions of the WWE Network because it trains fans to cherry pick specifics months instead of remaining longterm customers.
“They’re training fans to subscribe only to those events they really want to see,” said a long-time observer to The Post. “There’s no penalty for ending a subscription and then picking it up again.”
WWE is trying to attract outside subscribers and avoid losing current subscribers by partnering with outside personalities for new original programs, including Seth Green and Jerry Springer, a move media veteran Eric Sherman says could pay off in the long run.
“Partnering with outside creative talent will hopefully create some stickiness to the channel past their cornerstone events,” said Sherman.
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