Earlier this year, WWE announced that RAW would move to Netflix in January of next year. The company signed a $5 billion deal with the streaming giant for ten years.
USA Network is the current home of WWE’s flagship show, Monday Night RAW. However, the television deal with NBCUniversal is set to expire on September 30, 2024.
On Wednesday, TKO Group Holdings noted in its first quarter earnings report that WWE RAW will stay on USA Network until December 31st. The company has signed a short-term extension with NBCUniversal for $25 million.
“WWE entered into a long-term media rights agreement with Netflix for Raw beginning in January 2025; subsequently, 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.”