Streaming service FloSlam has made the decision to cease operations and effectively close the door on their push to become an all in one destination for independent wrestling fans.
FloSlam officially launched in October 2016 and have been proactively adding to their roster of independent companies since then, their parent company FloSports announced back in August of 2016 that they had received $21.2 million in funding to “accelerate the online sports network’s growth into new sports and expand it’s existing verticals.” Interestingly one of the companies listed as an investor was WWE.
One of the biggest issues facing FloSlam was their pricing strategy, which saw users shelling out $20 a month or $150 for a year, this of course is more than double the WWE Network costs on a monthly basis.
Did you subscribe to FloSlam? Are you shocked at the quickness of which they folded or did you expect this to happen sooner? Let us know in the comments.
Well, that took awhile. pic.twitter.com/2F1iMs7sOe
— David Bixenspan (@davidbix) December 2, 2017