The New York Post predicts WWE is ready to crumble

WWE are not looking ahead to a promising future

The New York Post recently wrote an article on WWE's current financial situation and predicted a downward curvefor the company. The article talks about the anemic subscription growth of the WWE Network that has received nothing more than a lukewarm response since its introduction.

Subscriptions to the $9.99 per month Network service totaled 731,000 subscriptions at the end of September—a net gain of just 31,000 in the three-month period.

WWE recorded a net gain of just 3,000 subscribers in the United States, with the rest coming from the overseas expansion.

The Post highlights the fact that of the 700,000 Network subscribers WWE had going into the quarter, 255,000 dropped their subscription. This a churn rate of 36 percent.

"At least they're adding more than they're losing," said equity analyst Robert Routh.