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WWE Signs 10-Year Netflix Agreement Worth $5 Billion

WWE Signs 10-Year Netflix Agreement Worth $5 Billion

Bryson "Boom" Paul
01/23/2024 08:14 AM EST

WWE is coming to Netflix. 

Starting Jan 2025, WWE's Monday Night Raw will stream exclusively on Netflix as part of a new $5 billion agreement. The new Netflix deal marks the end of the WWE’s longstanding partnership between RAW and NBCUniversal as they move over to the streaming service. Monday Night Raw aired on USA Network from 1993 to 2000 and returned in 2005 to present. USA Network will begin airing Smackdown, WWE's blue flagship show, starting in October.

 

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The new agreement between the WWE, who is a part of a newly formed global conglomerate that includes the UFC known as TKO Group Holdings, and Netflix is a 10 year deal. 

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Mark Shapiro, COO of WWE’s parent company TKO, spoke on the future of WWE with the following the statement:

"This deal is transformative. It marries the can't-miss WWE product with Netflix's extraordinary global reach and locks in significant and predictable economics for many years. Our partnership fundamentally alters and strengthens the media landscape, dramatically expands the reach of WWE, and brings weekly live appointment viewing to Netflix."

In related news, actor and football league owner Dwayne “The Rock” Johnson was named a new board of directors member at TKO Group Holdings on Tuesday.

The WWE and UFC officially merged to form TKO last September. 

The WWE and Hot 97 have a relationship that spans over a decade. Hot 97 radio personality and wrestling fanatic Peter Rosenberg joined WWE in 2016 as a correspondent. WWE Superstar Cody Rhoades visited Ebro in the Morning last February to speak on his return to WWE, his legacy, and more. Check out the interview, below.  

 

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