Have Vince McMahon and Stone Cold Steve Austin just changed television?

Have Vince McMahon and Stone Cold Steve Austin just changed the TV industry?"
Is the WWE Network a potential Stone Cold Stunner for subscription TV?

World Wrestling Entertainment may have delivered a thunderous chokeslam to the cable and pay per view TV industries by launching the first, full 24/7 streaming network for a ridiculously low monthly fee.

The WWE Network, which hits the U.S. on Feb. 24, will offer round the clock content, original programming, full access to the archives and all 12 of the company's annual pay per view events for just $9.99 (around £6, AU$11) a month.

All of the bone-crushing, clotheslining, top rope elbow dropping action will be streamed on WWE.com, the WWE app or dedicated apps for Xbox 360, PlayStation 3, Roku set top boxes and more. International launches will begin this summer.

While wrestling may not be many folks cup of tea, the announcement at CES could have big repercussions for the TV industry as viewers seek to cut the cable and pay only for the content they wish to view. What WWE started may be followed by others and that's the bottom line... 'cos Stone Cold Said So... no really he did.

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Chris Smith

A technology journalist, writer and videographer of many magazines and websites including T3, Gadget Magazine and TechRadar.com. He specializes in applications for smartphones, tablets and handheld devices, with bylines also at The Guardian, WIRED, Trusted Reviews and Wareable. Chris is also the podcast host for The Liverpool Way. As well as tech and football, Chris is a pop-punk fan and enjoys the art of wrasslin'.