WWE's plans to do a cruiserweight only TV series have been pushed to 2013. According to a source, it will likely be revisited if Project Evergreen (the code name for the WWE Network) actually gets green lit by cable carriers.
Google has indicated they will be re-upping with WWE on their digital partnership with YouTube soon.
WWE is expected to announce a new deal with another top online video service. I have been told that the announcement will be made in the next week or two. According to one source, it is viewed as a "soft launch" for the network.