WWE
WWE President Nick Khan has explained how the Netflix/Raw deal will help WWE become a global localized product.
In January, WWE announced that Raw would be heading over to Netflix in a $5 billion dollar deal that will start in January 2025.
For months now, there has been some discussion within WWE in regards to the NXT Europe brand. The country has been without a NXT brand since September 2022 when NXT UK shut down.
On the latest TKO earnings call, WWE President Nick Khan was asked about WWE’s upcoming deal with Netflix and if the deal will impact the future of NXT Europe. He answered:
“For us, a global localized product has always been a priority. We think Netflix helps us with that.”
“If you look at the premium live event schedule for this calendar year; Perth, Australia this past weekend. Berlin, France, Riyadh, Canada, all over the world.”
“Look for, down the road, more local stars from those markets as we expand our tryouts to international markets so we feel confident over time that will be covered and be part of the Netflix deal.”
Endeavor’s Mark Shapiro went on to add that the Netflix deal won’t stop the company from creating new content, saying:
“Our Netflix deal doesn’t preclude us from creating new content and events and programming on a global basis.”
“We just have some first look rights that they would have a window to essentially evaluate.”
“NXT, across the board, we have an opportunity to create all new material, sell it for an incremental rights fee, but they are going to be first in line to pay that rights fee.”
TKO also addressed the programming future for Raw when their deal with USA Network expires in the latter half of 2024.
WrestleTalk will provide further updates on WWE’s Netflix deal when they become available.
Transcription via Fightful
Want to stay up to date with all the most important Wrestling and WrestleTalk News? Join our newsletter mailing list by clicking here, and selecting your preferences!
2 months ago by SP3
@TruHeelSP3
Trending
- Spoiler On WWE Crowning Inaugural Champion
- WWE Team Reacts After Being Drafted To Different Brands
- Major WWE Star Re-Signs, Announced By The Rock
- WWE Star Unsure About Return Plans After A Year Away
- Triple H Addresses WWE Main Roster Call-Up
- Released WWE Star’s New Ring Name Revealed
- Celebrity Teases WWE Match Against Current Champion
- AEW Star’s Return Match After Six Months Away Announced
- Shawn Michaels Sends Message To WWE Star After NXT Departure
- WWE ‘Hopeful’ For Long-Absent Star’s Return Following Draft Cameo
mailing list