Starting in January 2025, Netflix will exclusively stream the WWE-produced wrestling show “Monday Night Raw” in the United States, Canada, the United Kingdom and Latin America, among other territories, the streaming platform announced Tuesday in a statement. Al-Bayan, after paying $5 billion for the agreement.
The two companies confirmed that this is a “long-term” agreement, although the terms of the agreement have not been officially announced.
However, the specialist press reports that the agreement between Netflix and WWE lasts for 10 years and will cost the streaming platform just over $5 billion.
This marks the first time the show has moved away from traditional cable television, which ranked as the No. 1 U.S. network over NBCUniversal, with more than 17.5 million viewers.
With the purchase, Netflix expands its offering, offering more content to attract the largest number of streaming subscribers.
The agreement gives Netflix access to approximately 150 hours of live content annually and will additionally have international rights to other WWE shows, such as “Smackdown” and “NXT,” and other major wrestling events such as “WrestleMania.”
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