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Entertainment Sports

All articles tagged with #entertainment sports

"Netflix's Live Sports Stance Unaffected by WWE's 'Raw' Streaming Deal"
entertainment-sports2 years ago

"Netflix's Live Sports Stance Unaffected by WWE's 'Raw' Streaming Deal"

Netflix's co-CEO Ted Sarandos stated that the streaming giant's recent deal to acquire the rights to WWE's Monday Night Raw does not signal a shift in its stance on live sports. Sarandos emphasized that while Netflix is in the sports business, it is not pursuing major rights commitments to traditional sports leagues. The deal, valued at $5 billion over 10 years, will bring Raw to Netflix in 2025 and includes streaming rights in several territories. Sarandos highlighted the scripted nature of WWE's programming as fitting into Netflix's focus on the drama of sports, and noted the potential for global distribution and ad revenue. Despite this move, Netflix maintains that it does not represent a change in its broader sports strategy.

"Netflix Secures Exclusive Rights to Livestream WWE's 'Monday Night Raw' in $5B Deal"
entertainment-sports2 years ago

"Netflix Secures Exclusive Rights to Livestream WWE's 'Monday Night Raw' in $5B Deal"

Netflix secures a 10-year, $5 billion-plus deal to exclusively stream WWE's Monday Night Raw in the U.S., Canada, UK, and Latin America starting in January 2025, along with other WWE shows and specials outside the U.S. The deal marks Netflix's foray into live sports programming and expands its content offerings, while WWE sees the partnership as transformative and a way to reach a wider global audience.