Recently, WWE announced that SmackDown will move to USA Network from FOX, and WWE NXT moved to CW Network in October of this year.
Today, WWE announced that Netflix will be the home for Monday Night RAW from January 2025 onwards. The company signed a 10-year deal worth $5 billion with the streaming giant.
Netflix can opt out of the deal after five years, or they can extend the deal for an additional 10 years. Netflix will pay WWE $500 million per year. The current WWE RAW television deal with NBCUniversal is worth between $250 million and $260 million per year.
Variety reported that Netflix will become the exclusive home of RAW in the United States, Canada, the United Kingdom, Latin America, and other territories once the deal begins. They also noted that more countries and regions are set to be added over time. WWE’s flagship shows and premium live events will be streamed on Netflix for fans outside of the United States.