TKO, the parent company of both WWE and UFC, has made a historic announcement by entering into an agreement with Netflix to bring WWE’s flagship weekly program, Monday Night Raw, to the streaming service.
This marks a significant departure from tradition, as Raw has exclusively aired on linear television networks such as the USA Network and Spike/TNN throughout its history. However, starting in January 2025, Raw will become an exclusive offering on Netflix in the United States, the United Kingdom, Canada, Latin America, and other regions, with the possibility of more countries and territories being included in the future. The show will maintain its Monday time slot and will continue to be a 3-hour program.
In addition to Monday Night Raw, this groundbreaking deal will also see Netflix becoming the home for WWE PLEs (Pay-Per-View Live Events) and the vast WWE Network library.
In terms of financials, Deadline has reported that source familiar with the terms of the agreement stated that it spans a remarkable ten years and is valued at over $5 billion. Variety, citing its sources, estimates that the deal is worth at least $400 million annually and is expected to run for more than five years. To put this into context, WWE’s existing five-year deal with the USA Network is valued at approximately $250-260 million per year.
This historic partnership between TKO, WWE, and Netflix signifies a major shift in how wrestling content is distributed and marks a significant moment in the world of sports and entertainment.
How do you feel about WWE’s PLE’s being available on Netflix? Do you think that’s a good move by the company? Let us know in the comments below.