Fox Could Potentially Obtain WWE’s TV Broadcast Rights … Or Buy Them Out

01.12.18 2 years ago 19 Comments

WWE Network

WWE has had a working relationship with NBC Universal for the better part of four decades, from airing Saturday Night’s Main Event and Tribute To The Troops on NBC proper, to Monday Night Raw being a staple of the USA Network since its 1993 inception (minus that five-year gap when WWE partnered with Spike TV).

Even though ratings for Raw have been declining in recent years, the program is still one of the highest-rated shows on cable every Monday night, as is Smackdown Live on Tuesdays. There is big money to be made in TV rights, which is one of the reasons why USA pushed Raw to go to three hours, to maximize ad revenue.

WWE’s current TV deal with NBC Universal, worth an estimated $200 million, expires in September 2019. That may seem like a lot of money, but it actually was significantly less than WWE was hoping for when they were negotiating back in 2014, and WWE stock took a significant hit after the deal was announced.

It’s no surprise the company would start weighing their options: As we reported last year, WWE met with reps from Disney, Amazon, YouTube, Fox and CBS about potential future partnerships, and according to Dave Meltzer in the newest issue of the Wrestling Observer, one of those meetings could potentially bear fruit.

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