Earlier today, news broke that WWE had agreed to see their exclusive streaming rights of the WWE Network in the US to NCBU’s Peacock.
The Wall Street Journal is now reporting that the deal is set to run for five years, and is set to land WWE approximately $1 billion:
Terms of the pact weren’t disclosed. A person familiar with the deal said it runs five years and is valued at more than $1 billion.
The deal will see the WWE Network shut down in the US, with all on-demand Network content and live WWE pay-per-views being streamed on Peacock from March 18.
You can read more about what the sale of the WWE Network means for subscribers in both the US and elsewhere in the World, as well as WWE as a company, by clicking here.
What are your thoughts on the above story? Let us know in the comments on Twitter or Facebook.
3 years ago by Wrestle Talk
Trending
- Free Agent Reveals He’s Still In Talks With AEW
- Another WWE Star Released Confirmed
- WWE Star Expected To Sign Multi-Year ‘Big Money’ Contract
- Big Name Expected To Make WWE Debut This Week
- WWE Legend Says There’s ‘Not A Chance’ He Joins AEW, Believes The Product Is ‘Cheesy’
- Becky Lynch Wins Championship On WWE Raw
- WWE Star Written Off TV After Tag Team Split
- Potential Spoiler For 2024 WWE Draft Pick
- Injured Top WWE Star Teases Big Raw Return
- AEW’s Stance On Making More Big Free Agent Signings Revealed
mailing list