wrestling / News

Kane Recalls Thinking Vince McMahon Was ‘Crazy’ When He Moved PPVs To WWE Network

November 23, 2021 | Posted by Blake Lovell
Kane WWE Hall of Fame Image Credit: WWE

Kane recently appeared on The Doug Collins Podcast, and he discussed a variety of topics, including thinking Vince McMahon was crazy when he moved pay-per-views to the WWE Network, Vince not being afraid to take risks, and much more. Here’s what Kane had to say (via Wrestling Inc.):

Kane on thinking Vince McMahon was crazy when he moved pay-per-views to the WWE Network: “I think Vince’s real genius, when it comes to his entrepreneurship, was determining where entertainment technology was going and getting to the cutting edge. When he launched the WWE Network, we all thought he was crazy. You have a subscription-based network, wonderful. But he moved all of the PPVs over to the Network and we were getting $50 a pop or whatever it was for PPVs. When you go into subscription base, and you get all the PPVs $9.99 a month, so you get them for free, or not for free, but you know, that includes the PPVs. So, the PPVs at the time, were about 50% of the company’s revenue was coming off of the PPV. So you eliminate that whole revenue stream and move it to a different platform. Who in their right mind would do that?”

On admitting he was wrong and Vince not being afraid to take risks: “That is exactly what he did, I thought he was crazy. What I thought he should do is, you keep the major PPVs like WrestleMania, Royal Rumble, SummerSlam, and Survivor Series. You keep those on your PPV platforms and you move everything else. Because those were the big revenue generators anyway. But that’s not how he saw it, and I was wrong. Now you look at the Network and the revenue is bigger than it ever has been. They’ve now exceeded on the Network the revenue that’s coming off the PPV. He’s not afraid to take risks.”

article topics :

Kane, Vince McMahon, WWE, Blake Lovell