Netflix and WWE announce massive 10-year streaming deal
- 4 months ago
On January 23, Netflix and TKO Group Holdings announced a new partnership that will bring the WWE's flagship 'Raw' program to the streaming platform next year. NBC reports that Netflix's first major move into live sports comes as a ten-year deal valued at over $5 billion. According to a company filing, Netflix will retain the option to exit the deal after five years, or extend the contract for another decade. In exchange, Netflix will be able to stream 'Raw' globally, including exclusive rights to the show in the United States, Canada, Britain and Latin America.