"WWE's Groundbreaking Netflix Deal: Revolutionizing Streaming History"

1 min read
Source: Awful Announcing
"WWE's Groundbreaking Netflix Deal: Revolutionizing Streaming History"
Photo: Awful Announcing
TL;DR Summary

Major streaming platforms like Netflix, Amazon, Apple, and Google have made significant strides in securing live sports rights, with Netflix recently acquiring WWE Raw for an astounding $5 billion over ten years. This marks a shift in the sports media landscape, with each major streaming platform now having a flagship live sports property. The increased competition is expected to lead to higher rights fees and further fragmentation of sports rights, potentially making it more challenging for fans to access content. With the seal broken, it's likely that more live sports will be heading to streaming platforms in the near future.

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