"WWE's 'Raw' Lands $5 Billion Deal to Stream Exclusively on Netflix"

Netflix has secured a 10-year, $5 billion deal for exclusive rights to stream WWE's flagship weekly wrestling show, "Raw," starting in 2025. This move represents a significant expansion into live events for the streaming platform, broadening its offerings with more live content and giving it ownership of streaming WWE's other shows and specials outside of the United States. The deal aims to combine Netflix's reach, recommendations, and fandom with WWE to deliver more value for their audiences and members, making Netflix more competitive with rivals in the live sports streaming space.