Ambiguous Turd
Mid-Card Championship Winner
Well, it appears that WWE is hearing its customers say that there are entirely too many WWE PPV's on the schedule, so it appears that they are doing something about it.
But ... there's a catch ...
So essentially what that means is that those who have been purchasing the PPV's regularly or semi-regularly will now see your PPV prices for all the other monthly shows raised by an additional $5 a month to $45. So by the time you are done paying taxes and other fees to your Cable provider, you will be paying well over $50 a show.
How angry are WWE PPV customers going to be at this latest turn of events? Big deal, or no Big Deal?
Here apparently, is a copy of the actual memo that got sent out:
My opinion? People will still pay. A couple people will become frustrated and order less shows. A few may get angry enough to stop paying Vince for a majority of the shows, except Mania. But Vince's base will still pay. They simply can not say "No" to Vince McMahon or WWE.
However, in the very least, I may have to request some assistance from the "WWE Shareholders" out there. We are probably going to need your PR expertise to put the positive PR "customer-friendly" spin on this situation, here.
But ... there's a catch ...
A WWE memo sent out to various Pay-Per-View providers reveals that World Wrestling Entertainment will be eliminating one of its June PPV events in 2010, bringing the annual total down to 13. While this does seem like a step in the right direction, WWE will be making up for that lost PPV revenue by increasing the suggested retail price of its other PPV events (excluding WrestleMania), by $5.00, to $44.95. According to the memo, this will be the first price increase for non-WrestleMania events since 2006. The suggested retail price for WrestleMania will remain $54.95.
So essentially what that means is that those who have been purchasing the PPV's regularly or semi-regularly will now see your PPV prices for all the other monthly shows raised by an additional $5 a month to $45. So by the time you are done paying taxes and other fees to your Cable provider, you will be paying well over $50 a show.
How angry are WWE PPV customers going to be at this latest turn of events? Big deal, or no Big Deal?
Here apparently, is a copy of the actual memo that got sent out:
As part of our ongoing efforts to maximize the WWE pay-per-view business, we have made several changes to our branding strategy in 2009. A key priority was to rename and retheme several of our events to better describe those pay-per-views and to build interest for our fans through new “hooks” and stronger themes.
In contemplating the future of the pay-per-view business, we would like to make you aware of two important changes we are making to our pay-per-view strategy in 2010.
1. WWE will increase the suggested retail price of its pay-per-view events (excluding WrestleMania), by $5.00, to $44.95. This change in the SRP shall become effective commencing with Royal Rumble, which will be held on January 31, 2010. This will be the first price increase for non-WrestleMania events since 2006. Please note that the SRP for WrestleMania will remain $54.95.
2. WWE is eliminating one of our June pay-per-view events (actually Judgment Day, although the July PPV is still unknown) therefore reducing the number of pay-per-view events in 2010 to 13 events. Please find the preliminary 2010 WWE pay-per-view event schedule below and attached.
The strategy of reducing our pay-per-view calendar to one event per month (except for October) achieves both creative and business objectives for WWE. It allows us to better develop compelling storylines and arcs in order to motivate our fans to purchase more pay-per-views. This change also allows for increased marketing windows for each event, during which we can more effectively communicate our sales message.
My opinion? People will still pay. A couple people will become frustrated and order less shows. A few may get angry enough to stop paying Vince for a majority of the shows, except Mania. But Vince's base will still pay. They simply can not say "No" to Vince McMahon or WWE.
However, in the very least, I may have to request some assistance from the "WWE Shareholders" out there. We are probably going to need your PR expertise to put the positive PR "customer-friendly" spin on this situation, here.