First of all, I would like to thank Jason Taylor who inspired me to write the following article. You can read his work here : http://bleacherreport.com/articles/412039-wwe-pay-per-view-has-quality-been-sacrificed-for-quantity
After reading the article and the comments, but also according to the result of his poll, it seems clear that the fans would like less pay-per-views to get better story lines. By stopping the monthly basis, the hype surrounding those events would increase.
I would even accept to pay $5 or $10 more to watch better quality shows. If the hype and high expectations are there, the fans will probably say the same.
To improve the quality, I would come with six major pay-per-views. I would keep the Original Big Four (Royal Rumble, Wrestlemania, Summerslam and Survivor Series). I would also keep Extreme Rules and bring back the King Of The Ting tournament.
I know that WWE likes gimmick matches. However, they don't need to create gimmick pay-per-views to do so. Those bouts can be easily integrated to the major shows.
January's Royal Rumble:
In addition to the classic Royal Rumble match, there can be two Hell In A Cell matches for the major titles.
By doing this, they eliminate the Hell In A Cell pay-per-view. It adds even more value to the Rumble match itself. They could throw in a divas match, an other regular match and a tag team championship match.
March or April's Wrestlemania:
I would put no pay-per-view between the Royal Rumble and Wrestlemania to create the traditional showdown started at the January event.
The Grand Daddy Of Them All can include three current pay-per-views.
One of the major Titles will be on the line in singles competition against the Royal Rumble winner. A fatal 4-way bout for the other Championship can be added with no problem.
The Money In The Bank must remain exclusive to Wrestlemania to keep the prestige.
The Night Of Champions should only be held on the Showcase of the Immortals . At the classic annual, every WWE Title must be on the line so the event will be what it should be, the biggest show of the year.
June's Extreme Rules:
At the end of June, the WWE could hold the Extreme Rules pay-per-view.
What's better than some hardcore action to kickoff the summer?
With that event, they could include another previous pay-per-view concept, Cyber Sunday. Everyone could vote for match stipulations.
The summer classic could feature two Elimination Chamber matches for both major WWE Championships. There would be no need to hold that gimmick pay-per-view.
Summerslam is big enough to hold such gimmick matches and to get two or three other Titles on the line.
November's Survivor Series:
The Thanksgiving classic would be the perfect event to include a previous pay-per-view concept. The traditional 4-on-4 matches would be the perfect format for Bragging Rights.
With a long hiatus between Summerslam and Survivor Series, that would give enough time to build the inter-brand feuds.
December's King Of The Ring:
To end the year with class, there is nothing better than the King Of The Ring tournament.
With the final-eight entering the pay-per-view, that would give seven solid matches. At the end of the night, the best wrestler in WWE would be crowned the King Of The Ring and would be granted an automatic title shot at the following year's Royal Rumble.
In addition to the tournament, there could be a divas battle royal to determine who is the Queen Of The Ring.
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Now, if those six pay-per-view major events are not enough for the fans and/or WWE, the In Your House concept could be brought back.
At $20 for each filling show, the fans would be probably pay to see in action the mid-card and younger wrestlers. The In Your House events would help the new generation to shine and get over with the fans. The U.S. and Intercontinental Championships could always be on the line for these shows.
I would pay $20 to see the likes of Kofi Kingston, Evan Bourne and John Morrison headlining minor pay-per-views until they reach John Cena, Randy Orton and Edge's status.