WWE held a conference call today for their investors and the following is from that call:
Concerning WWE starting their own cable network, Vince said they had been doing "a great amount of due diligence" on it, and they will soon be ready for the next step. Vince said if things go as they plan it will be a "game changer" for them. He said they are "pursuing it and getting ready to take the next steps." Vince said having their own network would only help their broadcast partners, and that it would be similar to the NFL, who promotes their own network during their broadcasts on CBS and FOX. Vince said a WWE Network would promote their shows on USA, Syfy and MyNetworkTV. Vince said he hopes to have the new network "up and running" in a year and a half.