David Stahl
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Can WWE Tag Team Over-The-Top And Traditional TV?

World Wrestling Entertainment, Inc.  made a bold move by abandoning its lucrative pay-per-view model and investing heavily in its own over-the-top WWE Network streaming service. However, that bold move may pay off for investors now that WWE is positioned to benefit from both traditional TV and the growing number of cord-cutters.

Investors may not see WWE as a growth story, but it's positioned to be just that in coming years, Morgan Stanley analyst Benjamin Swinburne wrote on Friday. Morgan Stanley estimates that WWE will be able to grow EBITDA by between 18 and 20 percent annually from 2017 to 2019.