As announced by WWE in its latest quarterly earnings report, the company has been in talks with some of the world’s largest streaming services, with the possible goal of selling its streaming rights.
According to reports, the name on top of the list for WWE was ESPN+, but it seems that the deal has fallen through.
WWE’s stocks were downgraded yesterday, and Dave Meltzer explained on Wrestling Observer Radio why this is so important.
“They believe that the [ESPN] deal which propped the stock back up, at least a little bit the deal that they’re gonna sell their pay-per-view rights — the big sale before the end of the quarter. Their belief is that the deal is dead.”
Meltzer has previously reported that WWE and ESPN were very far apart in terms of how much the deal should be worth, which may have led to the deal falling through.
Given the current uncertainty in the world, and with stock prices dropping significantly, it could be that WWE puts any talks of a deal on hold until the company is on more stable footing.
Would you like to see WWE programming moved to a new streaming service? Or are you happy with the current WWE Network structure? Let us know in the comments.
Trending
- WWE Announces Brand New Championship
- Bray Wyatt’s Father Explains Why He Won’t Be Inducted Into WWE Hall Of Fame In 2024
- CM Punk Announced For First ‘Shoot Interview’ Since Rejoining WWE
- Top WWE Star Says They’re In The ‘Final Two Months’ Of Their Contract
- Released WWE Star Says They ‘Expected’ Their Release
- Backstage Reaction To CM Punk Referencing Vince McMahon On WWE Raw Revealed
- AEW Stars Advance In Vacant Championship Tournament
- WWE Star Sends Wishes To Ridge Holland Following NXT ‘Retirement’ Angle
- Tony Khan Fires Shot At WWE Hall Of Famer Following Recent Announcement
- Latest On Drew McIntyre’s WWE Status Ahead Of WrestleMania 40