WWE Business News, High Def, Web Stats & More

Source: Wrestling Observer

One of WWE's mottoes is to stay at the fore front of technology. With this comes the transition in to high definition TV. They will be spending around $20 million on converting its TV studios for High-Definition production and an estimated $50 million on general upgrades and production facilities.

A nice portion of WWE's profits come from their web revenue through advertising. WWE.com averaged 17.5 million unique visitors in the first quarter of 2007 and 20.3 million in the second. They have just over 100,000 24/7 subscribers.