DirecTV is less than thrilled that the forthcoming WWE Network will carry all 12 live WWE pay-per-view events at a much cheaper price than they are currently offered by cable and satellite providers.
In a statement issued to the Los Angeles Times, DirecTV said they will “quickly re-evaluate the economics and viability of their business” with WWE, adding the company “feels they do not need their PPV distributors.”
Further, DirecTV said the audience for WWE pay-per-views “has been steadily declining,” a trend that will only be accelerated by the cheaper alternative on the WWE Network.
Vince McMahon said in an interview on Wednesday it was in the interest of the satellite and cable operators to continue to carry WWE pay-per-views events, calling it “foolish” for them not wanting to carry the pay-per-views. He continued by saying, it’s “found money” for them.
WWE responded through an official statement to the LA Times, noting they hope to continue to be in business with their pay-per-view distributors and ultimately give fans a choice between the two offerings.
The LA Times has the full story at this link.