Friday, July 31, 2015

WWE’s risky gamble on streaming video is paying off


[T]he company on Thursday showed signs that the model is working, adding more paid online subscribers than Wall Street expected and turning a second-straight quarterly profit, if a modest one. It now makes more from Web subscribers, which reached 1.2 million during the quarter, than it ever did from pay-per-view, WWE’s chief executive Vince McMahon told investors. - Thad Moore, Washington Post [via/web:http://streaming-tv.us]

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