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WWE Network Deal In Works Since Early 2020
Earlier today it was announced that as of March, Peacock will gain exclusive rights to the WWE Network in the United States in a reported five year, $1 billion deal.
According to Fightful Select (subscription required), the backstage reaction to the news was one of positivity, with one wrestler saying that the company would make a huge profit off of the deal.
‘One wrestler we spoke with actually hadn’t heard of the news before it broke and said the company profit would be massive, and the first impressions were the additional eyes on the product. Another top name in the company took a more pessimistic approach and said they didn’t care where they were distributed unless it affects their pay. Still, no negativity emerged from that conversation as they confirmed it was a big move for WWE.’
The report also mentioned how WWE were in talks over moving to another streaming platform for around 12 months, however it wasn’t noted whether the talks were with Peacock.
The report also noted how many within the company expected a move much sooner than this, however COVID slowed the negotiating process down.