Culture

WWE shares rise as streaming channel launches in China

WWE shares rise as streaming channel launches in China”

The WWE Network is coming to China for the first time ever - and just in time for "SummerSlam".

PPTV, a Chinese streaming platform, will exclusively host the Network.

Chinese subscribers of PPTV need only to download the platform's app into their mobile devices, set-top boxes or smart TVs to enjoy the best that WWE has to offer. WWE Network costs $9.99 per month in the United States.

That news came after the announcement that it's flagship WrestleMania event would be made available in China from 2017, and also that the WWE was holding tryouts for Chinese athletes to join the organisation.

WWE said it will kick off the partnership by airing its pay-per-view event "SummerSlam" with a Mandarin-language broadcast on August 21.

WWE Network's launch in China is the latest instance of the company's effort to tap into global markets to drive revenue.

PPTV is the streaming subsidiary of Nanjing-based #Suning Sports Media, which now has an exclusivity deal in distributing WWE programming for China, including pay-per-view events. "With this launch, WWE Network is now available in every market, reaching more than 180 countries around the world, delivering all our premium live events and an archive of action-packed, family-friendly entertainment that has thrilled WWE audiences for years". They agreed a multi-year deal with PPTV to stream Raw and SmackDown in Mandarin last June, and also signed eight developmental wrestlers from the People's Republic in 2016, with Tian Bing featuring as part of this year's Andre The Giant Battle Royal.

Through the agreement, Chinese fans will now have access to a wider variety of WWE content including NXT, 205 Live, Total Divas as well as the vast library of classic matches.



Like this

Latest


11 August 2017
Kamal Haasan, Rajinikanth attend DMK function
But Dravidam (Dravidian culture) would continue to exist till the word Dravida exists in the National Anthem". The function was also attended by the editors and journalists of various dailies, magazines and cine stars.

11 August 2017
Lumentum Holdings Inc. (LITE) - Lookout Watch List stock
DnB Asset Management AS purchased a new stake in Lumentum Holdings during the first quarter valued at about $1,446,000. UBS AG raised their price objective on shares of Lumentum Holdings from $66.00 to $70.00 in a report on Wednesday.

11 August 2017
Arsene Wenger on Alexis Sanchez signing Arsenal deal
Gunners boss Arsene Wenger , though, has told SFR Sport that he is not "super optimistic" that Sanchez will sign a new contact. Mail Online reports that the improved offer will see Sanchez earn £300,000-a-week at the Emirates if he puts pen to paper.

11 August 2017
RugbyWA to fight Western Force axing, ponder legal challenge
The ARU won their arbitration hearing against RugbyWA on Friday, and immediately announced they will be axing the Force. Clyne's statement continued: "Our decision to exit the Western Force has been guided primarily by financial outcomes".

11 August 2017
West Ham United to pay William Carvalho £100000 per week to join
The Portugal global is said to have been one of Arsenal's top targets this summer, while Italian champions Juventus have also been linked with the player.

11 August 2017
Petroleo Brasileiro SA - Petrobras (NYSE:PBR)
It increased, as 23 investors sold MSTR shares while 43 reduced holdings. 127 funds opened positions while 440 raised stakes. Investors sentiment decreased to 0.74 in 2016 Q4. 1 analysts call it Underweight, while 0 think it is Overweight.

11 August 2017
SEA Games starting on August 19
The Jalur Gemilang for the Malaysian Asean Para Games contingent was handed over to contingent chief Datuk R. That will put unnecessary pressure on the athletes.

11 August 2017
Flotek Industries, Inc. (NYSE:FTK) Position Raised by Skylands Capital LLC
Bessemer holds 0% or 13,180 shares in its portfolio. 29,560 are owned by Thrivent Fincl For Lutherans. Magna International Inc. (USA) (NYSE:MGA) has risen 15.97% since August 9, 2016 and is uptrending.

11 August 2017
After Cliffhanger Rajya Sabha Poll, Amit Shah Firm on Achieving Mission 150
The party is expected to mover the Gujarat High Court and if it fails will approach the Supreme Court, party sources said. Modi said it was easy to run a political party while being in the Opposition but relatively hard when it was in power.

11 August 2017
Constellium NV (CSTM) Posts Quarterly Earnings Results, Misses Expectations By $0.08 EPS
Prescott Group Capital Management L.L.C. purchased a new position in Constellium N.V. during the first quarter valued at $965,000. Finally, Parametric Portfolio Associates LLC raised its position in shares of Constellium N.V.by 4.7% in the first quarter.



Recommended