Inaccurate
"Monday Night RAW was launched on USA Network in January 1993. The previous WWE program on USA, Prime Time Wrestling (which was edited from syndicated programming), was losing its audience. The WWE decided that it should use its cable time as a showcase for original matches and storylines that would serve as the major build-up to the monthly pay-per-view."

Umm there were no monthly pay per views in 93. Only 4 at the time...