The Endeavor takeover of WWE was officially finalised on Tuesday (September 12), with WWE and UFC merging to form the TKO Group.
The merger comes amid WWE’s upcoming media rights renewals coming up next year, with many companies potentially in the hunt to secure WWE media rights.
It was reported by Dave Meltzer on Wrestling Observer Radio that both Disney and Amazon were frontrunners for securing the company’s media rights.
WWE president Nick Khan spoke to the Sport Business Journal, where he announced the upcoming rights renewals, and the potential bidding wars ahead.
He said:
“You’ve seen bidding wars between Comcast and Disney on things like the Fox assets, which ultimately went to Disney, and Sky, which ultimately went to Comcast. It does make one wonder how this might look down the road as both companies and as TKO enters into these negotiations.
“We think ratings, relevancy and revenue for both properties are off the charts, and, of course, we always want to grow that.”
Nick Khan also discussed a potential big change to upcoming WWE premium live events following the merger, which you can see here.
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