Could WWE Be Eying a Prime Time Shift from USA to Facebook?
The current deal with USA Network, which includes Raw on Mondays and SmackDown on Tuesdays, is set to expire at the end of September 2019. “We believe WWE is being significantly underpaid in its current Raw / SmackDown deal,” BTIG analyst Brandon Ross wrote in the new report, which notes that the two shows generate a staggering 260 hours of original programming a year a big ratings for USA Network. Ross estimates that USA Network is presently paying $140 million a year for its WWE broadcast rights and speculates that a new deal with USA, Facebook or other potential tech suitors could fetch $400 million or more. – Scott Porch, Decider http://ift.tt/2vsycJG