The latest word internally on the planned WWE Network is that it will launch in November during sweeps. No specific launch date has bet set as of now. The company definitely wants it to air before the end of the year. The network was originally supposed to launch on WrestleMania weekend, but it had to be pushed back due to lack of cable channel clearance.
There is talk of WWE launching some sort of “Crusierweight series” on the network in November as well. Talents who had been talked with about working the show were told that plans to sign anyone were pushed to the fall. WWE is looking for wrestlers in the 200 lb range. There are no other details at all on this yet.