WWE's flagship program 'RAW' moving to Netflix in January 2025
'Monday Night Raw' had been on TV for 31 years
WWE filled Tuesday morning with major announcements.
On the heels of WWE legend Dwayne "The Rock" Johnson being appointed to the TKO board of directors, the company announced that "WWE RAW" will be broadcast on Netflix. The show has been broadcast live on linear television for the last 31 years.
CLICK HERE FOR MORE SPORTS COVERAGE ON FOXBUSINESS.COM
Signage outside the old World Wrestling Entertainment Inc. headquarters in Stamford, Connecticut, on Friday, April 7, 2023. (Johnny Milano/Bloomberg via Getty Images / Getty Images)
"This deal is transformative," TKO COO and President Mark Shapiro said in a news release. "It marries the can’t-miss WWE product with Netflix’s extraordinary global reach and locks in significant and predictable economics for many years. Our partnership fundamentally alters and strengthens the media landscape, dramatically expands the reach of WWE, and brings weekly live appointment viewing to Netflix."
"WWE Raw" will begin on Netflix in January 2025. Netflix will broadcast "RAW" in the U.S., Canada, and Latin America among other countries and territories over the course of the months afterward.
Netflix will also be the home of all WWE shows and specials outside the U.S. "inclusive of Raw and WWE’s other weekly shows – SmackDown and NXT – as well as the company’s Premium Live Events, including WrestleMania, SummerSlam and Royal Rumble," the company said.
WWE'S WILD RETURNS, LA KNIGHT'S RISE, ROMAN REIGNS' DOMINANCE HIGHLIGHT BIG 2023
Ari Emanuel, center, CEO for TKO and Endeavor, poses with UFC CEO Dana White, right, and WWE Chief Content Officer Paul Levesque during TKO Group Holdings' listing on the floor of the New York Stock Exchange on Sept. 12, 2023 in New York City. (Michelle Farsi/Zuffa LLC / Getty Images)
"We are excited to have WWE Raw, with its huge and passionate multigenerational fan base, on Netflix," Netflix Chief Content Officer Bela Bajaria said in a news release. "By combining our reach, recommendations, and fandom with WWE, we’ll be able to deliver more joy and value for their audiences and our members. ‘Raw’ is the best of sports entertainment, blending great characters and storytelling with live action 52 weeks a year and we’re thrilled to be in this long-term partnership with WWE."
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| TKO | TKO GROUP HOLDINGS | 138.22 | +0.92 | +0.67% |
| Ticker | Security | Last | Change | Change % |
|---|---|---|---|---|
| NFLX | NETFLIX INC. | 886.81 | +9.47 | +1.08% |
"Monday Night Raw" is one of the most popular shows on the USA Network. It became must-watch television in the mid-to-late 1990s as the WWE, then called the World Wrestling Federation, went head-to-head with World Championship Wrestling’s "Monday Nitro."
WWE eventually won the Monday Night Wars and bought WCW. While the promotion’s product has gone through plenty of ebbs and flows, there is no question that professional wrestling is the hottest it has been in quite some time.
A general view outside the New York Stock Exchange during the TKO Group Holdings' listing on Sept. 12, 2023 in New York City. (Michelle Farsi/Zuffa LLC / Getty Images)
GET FOX BUSINESS ON THE GO BY CLICKING HERE
WWE has gone through a lot of changes over the last 12 months and the eventual move to Netflix is among the biggest.