The Wrestling Observer’s Bryan Alvarez states that his sources had NBC Universal offering WWE $275M for the WWE PLE package. ESPN secured WWE PLEs for the amount of $325M per year for 5 years totaling over $1.6B. In the writeup after the information from Alvarez, there was not an indication on how many years NBCU […]
TKO tops Wall Street forecasts
TKO Group Holdings announced its earnings report for the second quarter of 2025. The company is making an astounding amount of revenue to the extent that it has raised its revenue guidance. I discussed it briefly here this morning. TKO generated $1.31B in revenue for the second quarter of 2025 which is a raise of […]
Disney inks WWE for ESPN new DTC service
Disney announced the acquisition of WWE premium Live Events for its Direct to Consumer platform which starts August 22nd. The cost to consumer is $29.99 per month. The deal is estimated at $325M per year for 5 years. WWE PLEs have been airing on Peacock since 2021. one can infer that the deal with NBC […]
Netflix looks like the potential partner for UFC
Dana White seems to be hinting at where the UFC will be in its next media deal. All signs point to a global streaming service, and Netflix may be the frontrunner. Sportico reports on White’s latest comments on the Full Send podcast where he discussed what he wants for the next media deal for the […]
Brock Lesnar returns to WWE
Pro wrestling is full of surprises. Summerslam took place this past weekend at Met Life Stadium in Newark, New Jersey. The company saved the biggest surprise for the last night. On the first night of Wrestlemania, Seth Rollins cashed his Money in the Bank briefcase to wrest the WWE Heavyweight title away from CM Punk […]