Did WWE Sell WWE Network?

Did WWE sell WWE Network? The answer may surprise you!

Introduction

In February 2014, the WWE Network was launched as a streaming service, with a library of on-demand content and live programming. The service was initially only available in the United States, but has since expanded to other countries. As of January 2019, the WWE Network has over 1.9 million subscribers.

In October 2019, it was reported that the WWE was in talks to sell the WWE Network to Comcast. The sale would have included both the live streaming service and the on-demand library. However, the deal reportedly fell through and no sale took place.

It is not currently known if the WWE is still looking to sell the WWE Network or if any other deals are in the works.

What is WWE Network?

WWE Network is a streaming service launched by WWE in February 2014. It is available in many countries, but not all. The service replaced WWE’s previous streaming service, WWE Classics on Demand.

The network has two tiers: a free, ad-supported version and a premium subscription that does not have commercials. The network includes all live WWE pay-per-view events, as well as on-demand content from WWE’s extensive library, including Raw, SmackDown Live, NXT, 205 Live, Pay-per-view events, original series (such as Table for 3, Stone Cold Podcast), documentaries (such as The Monday Night War), and replays of recent episodes of Raw and Smackdown Live.

Why would WWE sell WWE Network?

There has been a lot of speculation as to why WWE would sell WWE Network.

WWE has been a publicly traded company since 1999 and is currently worth an estimated $3 billion. The company has faced criticism in recent years for its stock prices and WWE Chairman Vince McMahon has been vocal about wanting to take the company private.

In September 2018, it was reported that WWE had hired investment bank Goldman Sachs to explore the possibility of selling the company. This led to speculation that McMahon was looking to take the company private.

It’s possible that McMahon decided to sell the company because he was unhappy with the stock price and wanted to cash out. It’s also possible that he received an offer he couldn’t refuse.

Only McMahon knows the real reason why WWE sold WWE Network and we may never know the true story behind the sale.

What would happen if WWE sold WWE Network?

WWE Network is an online streaming service operated by WWE. It was first launched in 2014 and offers on-demand and live programming related to WWE, WCW, ECW, NXT, and other affiliated promotions.

As of April 2020, WWE Network had 1.65 million subscribers. If WWE were to sell WWE Network, it is unclear what would happen to those subscribers. It is possible that they would be transferred to the new owner of the network, or that they would be refunded for any unused portion of their subscription.

It is also unclear what would happen to the content on WWE Network if it were sold. It is possible that the new owner would continue to offer the same content, or that they would change the focus of the network.

Conclusion

No, WWE has not sold WWE Network. WWE Network is a streaming service that is owned and operated by WWE.