WWE Gets Streaming Boost as Wrestling Fans Subscribe
- Online network had about 1.52m average subscribers in Q2
- Figure slightly exceeds forecast, analysts’ estimates
This article is for subscribers only.
World Wrestling Entertainment Inc. now has about 1.52 million WrestleManiacs signed up for its $9.99-a-month online package, solidifying its place in the ranks of the biggest streaming-video services in the U.S.
The figure, which represents average subscribers over the second quarter, slightly exceeded the company’s forecasts and analysts’ estimates and was up 25 percent from a year earlier, according to a statement Thursday. It shows that demand for a niche video service can be viable for entertainment companies with a loyal following.