by WWE/TKO earlier today announced that WWE has signed a multi-year deal with Netflix. It is rumoured that WWE/Netflix deal is 10 years deal, and Netflix would be paying 5$ billion for RAW rights.
Nick Khan recently was Pat McAfee Show, where he talked about Netflix/ WWE deal
“What we did, once the SmackDown deal closed which will shift SmackDown over from Fox to USA (Network) starting this October, we hyper focused on Raw.”
“It was a robust marketplace, we had a number of meetings, we had a lot of interest, there were a number of offers, and at the end of the day, to be the first movers with Netflix live on a consistent basis… Yes I saw the Chris Rock special too, and the reality show after show, but 52 weeks a year, we’re turnkey as you know, you’ve (Pat McAfee) lived it with us.”
“The fact that they could come to us and strike a deal and (WWE) do all the rest is something they liked, and certainly something that we thought was in our direct wheelhouse. “It came together over the matter of a couple of months, and we think it’s a great deal.”
“Overwhelmingly positive. Overwhelmingly positive, and I think, look, if you look at the streaming wars, Netflix has sat at the top of that perch.
“They continue to sit at the top of that perch, so it’s an entity which everybody, certainly in our sphere, has and subscribes to. We think it’s a great way to grow the WWE audience while growing the Netflix subscriber base.
“An overwhelmingly positive reaction from our force of colleagues who really make up the WWE, who all contributed to this deal, to friends and family who are texting me the same.” (H/T: WrestleTalk)
