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  • 5 weeks ago
WWE 'Monday Night Raw' is heading to Netflix and Dwayne Johnson is coming on board! In a major streaming deal 'Raw' will leave USA Network for Netflix beginning in January 2025, with the streaming giant also set to become the international home of WWE content. The deal, which is valued at about $5 billion, marks Netflix’s expansion into live events. It will now stream Raw live every Monday night in the U.S., Canada, U.K. and Latin America with other territories to be added.
Transcript
00:00You're not the modern-day Maharaja. No, no, no, no, no, no, no. You are the day-one douchebag.
00:08WWE Monday Night Raw is heading to Netflix and Dwayne Johnson is coming on board.
00:14In a major streaming deal, Raw will leave USA Network for Netflix beginning in January of 2025,
00:20with the streaming giant also set to become the international home for the WWE's full slate of live events,
00:26including SmackDown and WrestleMania.
00:28The deal, which is valued at about $5 billion, marks Netflix's expansion into live events.
00:34It will now stream Raw live every Monday night in the U.S., Canada, U.K., and Latin America, with other territories to be added.
00:41This is a big win for WWE and UFC owner TKO, who also just announced that former WWE star Dwayne Johnson would be joining its board of directors.
00:51In addition, the company is granting Johnson full ownership of his trademark name, The Rock,
00:55with the actor and entrepreneur inking an agreement with the company, which gives Johnson a stock award valued at $30 million,
01:02while still being able to collect royalties in connection with sales of The Rock merchandise.
01:07As for Netflix's interest into the live space, the streamer has so far only occasionally dabbled in live events,
01:13like the Chris Rock stand-up comedy special or an attempt at the Love is Blind reunion special,
01:18which was filled with technical difficulties and eventually taped.
01:21For more on this move and Netflix's foray into live sports programming, head to the article on THR.com.
01:28And for the latest entertainment news and updates, keep watching The Hollywood Reporter News.
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