WWE Agrees New TV Deal For Raw

What happens to WWE Raw before it moves to Netflix?

In January 2025, WWE Raw will begin life on Netflix in a deal said to be worth a staggering $5 billion. The announcement came after it was revealed that SmackDown will move to the USA Network in late 2024, and NXT will have a new home on The CW.

The company’s deal with USA for Raw was due to expire before the new agreement with Netflix kicked in, however, the issue has now been fixed.

In the TKO Group’s first quarter earning report 2024, it was confirmed that WWE entered into a new agreement with NBCUniversal to keep on the USA Network until it moves to Netflix. The existing deal had been due to expire in October 2024.

“WWE entered into a $25 million domestic media rights agreement with NBCUniversal for Raw to remain on USA Network for the fourth quarter of 2024.”

WWE WrestleMania To Saudi Arabia?

Meanwhile, Saudi Arabia is looking to enhance its current deal with WWE. Speaking to ESPN, Turki Alalshikh, Chairman of the GEA, said that, as part of this enhancement, he is hoping to bring the Royal Rumble, or even WrestleMania to Saudi Arabia.

The partnership between the sports entertainment giant and Saudi Arabia began in 2018 and is set to run for 10 years.

The next event to be held in the country is King & Queen of the Ring, which will take place on May 25th. Qualifying matches for both tournaments are currently underway.