After years of delays, World Wrestling Entertainment said tonight it will proceed with the launch of the WWE Network, delivering all 12 monthly pay-per-view specials and a massive library of wrestling content for $9.99 each month. Giving away monthly pay-per-view specials for $9.99 when they previously cost $44.95 will cut into WWEs revenue in the short term, but executives hope to make it up over time as the networks subscriber base increases.
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