Will WWE start to siphon off some sports TV dollars?
The WWE's TV deal is expiring. They are currently getting $200m/year, with similar viewership numbers to what the NBA is getting on ESPN ($2.5b/year). Monday Night Raw draws 3.3 million viewers, whereas 1st round NBA playoffs are getting 3.15 million viewers. That's about $0.20/viewer for WWE, and $3.24/viewer for NBA.
A lot of the major players are interested in the new WWE contract: Fox, NBC/Comcast, Turner and Disney/ESPN. If WWE rights go up (which they will), will that prevent someone like Fox from spending elsewhere?
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Link: WWE New TV Deal negotiations
Posted: 05/08/2018 at 09:30AM