TKO Group held an investor’s meeting this afternoon to discuss the results from WWE’s 2024 fiscal first quarter report.
In this fiscal report, TKO revealed that WWE and NBC Universal had agreed to a new $25 million deal for WWE’s RAW series to remain on USA Network for the remainder of 2024.
WWE entered into a long-term media rights agreement with Netflix for Raw beginning in January 2025; subsequently, WWE entered into a $25 million domestic media rights agreement with NBCUniversal for Raw to remain on USA Network for the fourth quarter of 2024.
This new deal will cover the time period of October 1st to December 31st, which is the period when WWE’s current deal with NBC had been set to expire and the start of WWE’s new deal with Netflix.
TKO had announced this past January that WWE had signed a new long-term media rights deal with Netflix for the streaming service to become the new home for WWE RAW.