Gary Bourgeault
Long only, research analyst, portfolio strategy, media

WWE's New Streaming Network In U.S. Should Boost Share Price

With launch of its own network in the U.S. rapidly approaching, it's worth looking at the potential benefits it has for shareholders of the World Wrestling Entertainment (NYSE:WWE).

The new streaming channel dubbed WWE Network will be available to wrestling fans in the United States on February 24 for $9.99 per month. It will require a minimum of 6 months commitment for those ordering the service.

Fans of WWE will immediately recognize the tremendous deal offered, as all 12 pay-per-view events are included in the deal. Since most wrestling fans order only two, or at most, three pay-per-view shows a year, it's quite a step up to be allowed to see them all for about the same price...

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