Netflix buys the exclusive rights to Raw and other WWE programs, sources say paying $5B for a 10-year deal, airing in 2025 in the US, Canada, and other markets
- Company to be exclusive home for show in US, other territories — Streaming service to air three hours of live wrestling weekly
Bloomberg Lucas Shaw
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Discussion
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About Netflix
About Netflix
on x
Netflix to Become New Home of WWE ‘Raw’ Beginning 2025
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@netflix
@netflix
on x
WWE Raw is getting in the ring with Netflix! Starting in January 2025, Netflix will exclusively stream WWE Raw in the US, Canada, UK, & Latin America. Every single week, all year long. https://about.netflix.com/... [image]
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@sarafischer
Sara Fischer
on x
FWIW, WWE will continue to manage all of the production for its live shows and events. — They still have 11 months to hammer out any technical kinks, but Netflix is still new to the live-streaming game. (ie - Live Love is Blind reunion fiasco last year.)
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@edludlow
Ed Ludlow
on x
Is Netflix announcing the deal with WWE the morning of earnings (that are after market)... weird? From a timing sense?
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@ianjsilvera
@ianjsilvera
on x
Very interesting. Netflix is just about to release a 6 Nations doco as well. Follows Prime's purchase of tennis, rugby and football rights, with the streamer missing out on the latest PL rights deals. https://x.com/...
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@teamkaos1998
@teamkaos1998
on x
The deal is 10yrs/5bill or 500k per year and Netflix can back out in 5 yrs. Now that it's done..I have to ask...what happened to those “vibes” that a wwe/wbd deal was done? The market is set for aew and I'd go for FOX and wbd. #WWERaw #AEWDynamite
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@tim_bays
Tim Baysinger
on x
Netflix's WWE deal is 10 years for $5 billion, per SEC filing. Streamer has the option to both exit after 5 years and extend for another 10 years.
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@conorsen
Conor Sen
on x
So global streaming rights are going to be the shiny new thing for sports leagues renegotiating media rights deals. Wonder how that'll change broadcast times, geographic strategies, etc.
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@conorsen
Conor Sen
on x
By ripping live sports content away from the cable bundle that should accelerate the demise of the cable bundle even more — sports is the only reason to keep it at this point.
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@buccocapital
BuccoCapital Guy
on x
Netflix organizational culture is maybe the best in the business Their ability to destroy sacred shibboleths (core biz disruption, no ads, no live events) when needed and then execute like crazy is unmatched [image]
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@tripleh
Triple H
on x
This partnership is one that will break new ground, and take @WWE to new heights. Thrilled to bring #WWERaw to @Netflix, coming January 2025. Now we change the game!!!!
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@wwe
@wwe
on x
WWE Raw is coming to Netflix! Starting in January 2025, @Netflix will exclusively stream #WWERaw (in the US, Canada, UK, & Latin America) every single week, all year long! https://www.wwe.com/... [image]
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@sherman4949
Alex Sherman
on x
This is major media news. It was only a matter time, but this is it.
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@conorsen
Conor Sen
on x
Netflix won't do ads, they said. Netflix won't do live or sports, they said: [image]
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@sherman4949
Alex Sherman
on x
Netflix crosses the rubicon! It has reached a 10 year deal to stream WWE's Raw for more than $5 billion. Netflix takes the jump into sports/live entertainment. https://www.cnbc.com/...