Do you enjoy professional wrestling, but are hesitant to spend money to watch it? If so, World Wrestling Entertainment (NYSE: WWE) has devised a service for you. On Monday, the company launched a free version of its WWE Network, its specialty video streaming service. Among other offerings, viewers will be able to watch "recent" episodes of the company's two flagship weekly TV programs, Raw and Smackdown. As implied by the "recent" qualifier, those most likely will air on the free service after a delay. Image source: World Wrestling Entertainment. A raft of other content will also be readily available. These include documentaries such as Monday Night War, discussion shows like Table For 3, highlight programs, and past pay-per-view events. WWE rolled out the WWE Network in 2014, and according to recent figures it has around 1.4 million subscribers. This is down from a peak of roughly 2.1 million in 2018. A subscription costs $9.99 per month, and viewers can watch Raw and Smackdown live, as well as the company's frequent pay-per-view events like the long running Wrestlemania series. In the press release trumpeting the news, WWE said that the free version of WWE Network "is a key component of our company's digitization strategy and a new way for all fans to be able to experience premium WWE content." It added that "[a]s we continue to reimagine WWE Network's offering, the Free Version will serve as an effective way to reach a broader group of consumers." Investors don't seem overly enthusiastic that the company is providing so much content without charging for it. WWE's shares rose by 0.5% on Tuesday, lagging behind the gains of many fellow consumer goods stocks and the key equity market indexes. 10 stocks we like better than World Wrestling EntertainmentWhen investing geniuses David and Tom Gardner have a stock tip, it can pay to listen. After all, the newsletter they have run for over a decade, Motley Fool Stock Advisor, has tripled the market.* David and Tom just revealed what they believe are the ten best stocks for investors to buy right now... and World Wrestling Entertainment wasn't one of them! That's right -- they think these 10 stocks are even better buys. See the 10 stocks *Stock Advisor returns as of April 16, 2020 Eric Volkman owns shares of World Wrestling Entertainment. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy.Source