November 27, 2024

WWE Network to Be Exclusive to NBC’s Peacock; WWE Reportedly Earns $1B on Deal

WWE Network #WWENetwork

Jessica Hill/Associated Press

WWE Network is coming to Peacock.

WWE and NBCUniversal announced a partnership Monday that will give the Peacock streaming service exclusive rights to WWE Network in the United States.

Rick Cordella, Peacock’s executive vice president and chief revenue officer, released the following statement: 

“NBCUniversal has a long-standing relationship with WWE that began nearly 30 years ago with Monday Night Raw on USA. WWE has always tapped into the cultural zeitgeist with spectacular live events and larger-than-life characters, and we are thrilled to be the exclusive home for WWE Network and its millions of fans across the country. WWE Network is a transformative addition to the platform and complements Peacock’s massive catalog of iconic movies and shows, as well as the best live news and sports, from NBCUniversal and beyond.”

Joe Flint of WSJ.com reported: “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. Under the agreement, WWE will shut down its WWE Network streaming service in the United States in mid-March, and Peacock will license the programming, including the popular WrestleMania franchise, for its own platform.”

All pay-per-views, starting with March 21’s Fastlane, will be streamed exclusively on the Peacock platform. NBCUniversal owns USA, which broadcasts WWE Raw on Monday nights.

                      

This article will be updated to provide more information on this story as it becomes available. 

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