A media expert with Sports Business Journal has predicted that a certain media company is laying the groundwork to purchase WWE.
Over the past few years, there have been rumors that WWE will soon be sold to a larger company. While WWE President Nick Khan stated that WWE isn’t actively looking to sell in January, a lot has changed since then.
Following Vince McMahon’s retirement in July, Stephanie McMahon and Nick Khan became co-CEOs, and Triple H took over creative as the company’s Chief Content Officer.
In a new article titled ‘SBJ Media: Looking into the crystal ball for 2023’, John Ourand, who has been reporting on media for almost 30 years, shared his predictions for 2023.
Ourand predicted that the relationship between WWE and NBCUniversal will be strengthened, as NBCU puts in the work for a WWE purchase.
Ourand wrote:
WWE goes all in with NBCUniversal. The WWE’s TV deals expire at the end of 2024, but it will start to negotiate new deals in April, right around when “WrestleMania” is in L.A.
By the end of the year, the group will have a deal in place with NBCU that keeps “Raw” and “NXT” on USA and moves “SmackDown” from Fox to one of NBC’s channels.
The real significance of this deal comes in two years the two negotiate their Peacock deal. The deals for “Raw” and “SmackDown” will lay the groundwork for NBCU to buy WWE outright.
NBCUniversal’s streaming service Peacock is the current home of the WWE Network in the US, following WWE moving their entire streaming library to Peacock in March 2021.
You can check out the full Sports Business Journal article right here.
Think you’re a wrestling mastermind? Well you can prove it by taking quizzes in our brand new quiz section! Don’t forget to tweet us your results!
Trending
- Vince McMahon Starting New Wrestling Company After WWE Update
- WWE Star’s Name Banned From Being Said On TV
- Report: Two WWE Stars Vince McMahon Has Contacted Since His Departure Revealed
- WWE Star Potentially Being Pulled From Upcoming Shows
- WWE Talents Comment After Star Written Off TV Following Allegations Against Him
- WWE Alpha Academy Member Reacts To Chad Gable Heel Turn
- WWE Star Urges More Talent To Represent The Company With Pride
- WWE Star Calls Upcoming Match ‘BS At Its Finest’
- Real Reason For WWE Star’s New Ring Gear Revealed?
- Roman Reigns Working On New Project Amid WWE Hiatus