Why Is The WWE Network Shutting Down?
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The WWE Network is shutting down on April 4th, 2019. Here’s why.
WWE Network to be replaced by Peacock
WWE made the announcement this week that their over-the-top streaming service, the WWE Network, will be shutting down on April 4th. This comes as a surprise to many WWE fans, as the WWE Network has been a huge success since it launched in 2014. So why is the WWE Network shutting down?
Announcement of WWE Network shutting down
In January of 2020, the WWE Network will be shutting down and replaced by a new streaming service called Peacock. This is a joint venture between the WWE and NBCUniversal, which is the parent company of USA Network (where WWE programming currently airs).
The WWE Network was launched in February of 2014 and offered on-demand content as well as a live streaming service. It was available in the US, Canada, UK, Australia, New Zealand, Singapore, Mexico and several other countries.
The move to Peacock will likely mean that the WWE Network will no longer be available outside of the US. Peacock will offer a free tier with some content available to everyone, as well as two paid tiers with more content for $4.99/month or $9.99/month.
It’s not yet clear what exactly will happen to the WWE Network’s current content library, but it’s possible that some or all of it will be moved to Peacock.
WWE Network to be replaced by Peacock
WWE has announced that its streaming service, the WWE Network, will be replaced by Peacock, NBCUniversal’s streaming service, later this year.
WWE Network will remain active until Sunday, April 4 at 11:59 PM ET. At that time, all content will be moved over to Peacock, which launched nationwide on July 15. New subscribers can sign up for Peacock Premium for $4.99 per month with ads or $9.99 per month without ads.
The news was first reported by The Hollywood Reporter.
Reasons for WWE Network shutting down
WWE Network is shutting down on April 4th, 2020. This is due to the COVID-19 pandemic and the current state of the economy. WWE has been forced to make some tough decisions and this is one of them.
Lack of interest from fans
The rumors are true – the WWE Network is shutting down. The company made the announcement on their website, saying that the service will be discontinued on April 4th.
The WWE Network was launched in 2014 as a way for fans to watch WWE programming online. It was initially a subscription-based service, but later switched to a ad-supported model. The network offered both live and on-demand content, including Pay-Per-View events, original programming, and classic matches from WWE’s extensive library.
There are several reasons why the WWE Network is shutting down. One of the biggest factors is likely the lack of interest from fans. The network has been struggling to attract new subscribers and keep existing ones interested in its content. In recent years, WWE’s ratings have been declining, which likely also played a role in the decision to shut down the network.
It’s also worth noting that the Coronavirus pandemic has had a major impact on WWE’s business. The company was forced to cancel several major events, including WrestleMania, which likely contributed to the decision to shut down the WWE Network.
If you’re a fan of WWE programming, you can still watch it online – but you’ll need to sign up for a different streaming service.
Low subscription numbers
As of February 2020, the WWE Network had just 1.2 million subscribers. This is a massive drop from the 1.4 million it had in 2019 and the 1.8 million it had in 2018. The WWE Network is a premium subscription service that gives users access to live WWE pay-per-view events, original programming, and on-demand content. It launched in 2014 and reached its peak in 2015 with 1.82 million subscribers.
WWE Chairman Vince McMahon has said that the company wants to increase its subscriber base to between 3 and 4 million, which is why it’s been investing heavily in original programming. However, this has not been enough to attract new subscribers or keep existing ones subscribed. One of the main reasons for this is that WWE’s core product — pro wrestling — has seen a sharp decline in popularity over the past few years.
Financial problems
WWE Network is shutting down on April 4th, 2021, it was announced today. The over-the-top streaming service, which launched in 2014, will cease operation in all countries where it’s currently available.
A WWE spokesperson confirmed the news to The Verge, and said that the company will provide more information “in the coming weeks.” It’s not immediately clear how many people currently subscribe to WWE Network, but the company had 1.56 million paid subscribers as of October 2020.
The WWE Network shutdown is happening because of “financial difficulties,” according to a report from Wrestling Observer Radio. The report says that WWE has been in talks with potential buyers for the network “for months now,” but those talks have apparently fallen through.
This is a developing story…
What will happen to WWE Network content?
The WWE Network is set to shut down on April 4th, right after WrestleMania. This is a huge blow to the WWE, as the Network was one of their most successful ventures in recent years. So, what will happen to all of the content that is on the Network?
WWE Network content will be moved to Peacock
As of October 1st, 2020, the WWE Network will no longer be available. All of the content that was on the WWE Network will be moving to Peacock, which is a streaming service created by NBCUniversal. Peacock will have all of the WWE pay-per-view events, as well as on-demand content and original programming. There will also be a free tier of Peacock that will have some WWE content, but it will not be as extensive as the content that was on the WWE Network.
WWE Network content will be removed
As of Monday, April 4th, the WWE Network will no longer be available as a stand-alone streaming service. All of the content that was available on the Network will be moved over to Peacock, NBCUniversal’s streaming service. If you’re a current WWE Network subscriber, your subscription will be automatically transferred to Peacock Premium at no additional cost.Your account information, including your username and password, will remain the same.
What do fans think of the WWE Network shutting down?
In May of 2020, the WWE Network will officially be shutting down. The WWE Network was a streaming service that offered on-demand and live content for a monthly price. It was launched in 2014 and was available in 190 countries. It offers a wide variety of content, including pay-per-view events, original programming, and classic matches. The shutdown of the WWE Network has left many fans wondering why.
Some fans are happy
Some fans are actually happy that the WWE Network is shutting down. They feel like it’s a good thing because it will force WWE to go back to traditional pay-per-view and that will ultimately be a better product. Other fans feel like the WWE Network was a great idea, but it was executed poorly and they’re glad it’s being shut down so WWE can try something else.
Some fans are angry
Some WWE fans are angry about the company’s decision to shut down the WWE Network in favor of a new streaming service called Peacock.
WWE announced the shutdown of the WWE Network on January 14, 2020, and gave fans a choice of either moving to Peacock or getting a refund for their remaining time on the WWE Network. The move has been criticized by some fans, who feel that it is a bait-and-switch and that they are being forced to move to Peacock if they want to continue watching WWE programming.
Others have pointed out that the WWE Network was always intended as a temporary service and that it is not surprising that it is being shut down now that WWE has found a more permanent home for its content on Peacock.
Still, there is a lot of anger and frustration among some fans who feel like they are being forced to switch to Peacock if they want to continue watching WWE programming.
Some fans are indifferent
Some WWE fans are indifferent about the WWE Network shutting down. They feel like it was time for a change and that the WWE Network shutting down is not a big deal. Other fans are upset about the news and feel that the WWE Network shutting down is a huge loss.