I'd have it like this:
Mondays:
- Tough Enough
- Monday Night RAW
Tuesdays:
- NXT
Thursdays:
- WWE Superstars (if WWE has a network, bringing Superstars back to TV wouldn't be a bad idea)
Fridays:
- Friday Night SmackDown
Now as far as other things to show on the Network, I'd have WWE Studios movies & any other movie with WWE Superstars, such as movies with The Rock, Stone Cold etc. since their movies aren't WWE Studios movies.
I'd show interviews from WWE Superstars & Divas from their appearances on Late Night, Tonight Show, ESPN, etc. etc.
I'd have a SportsCenter like show which would go through the current feuds, past recent feuds & future feuds that the hosts think will happen. (for the record, if a show like this was created, some people I'd like to see as the hosts of the show would have to be Jim Ross, "Mean" Gene, Bret Hart, Jerry Lawler, Matt Striker & Josh Matthews.) This show would also detail all of the results of last week's SmackDown, NXT, Superstars, T.E. & RAW. Superstars & Divas could appear on this show as well in interviews or getting their take. I'd call this show "The Finisher"
Create WWE sitcoms or animated TV shows starring guys like Rey, 'Taker, Cena, Edge, guys like that who would be great in an animated series.
Show TV shows that WWE stars have appeared on. For example, showing Psych with John Cena, The Miz & John Morrison on Cartoon Networks Destroy, Build, Destroy, Big Show at the Nickelodeon Kids Choice Awards, etc.
Show past WWE shows or shows that featured WWE stars such as ManHunt every now & then. Every month have one week called WWE Rewind Week which would be the above idea.