More Details On WWE Deal With Fox

If you thought the Saudi Arabian money was big...

by Benjamin Richardson
VINCE Fox One Billion
WWE/New Line Cinema

More details have emerged following yesterday's revelation of a supposedly "massive" deal between WWE and the Fox Network to start airing SmackDown from October 2019.

According to The Hollywood Reporter, the agreement is said to be worth a staggering $205 million per year, for an expected duration of five-years. That's right: one billion dollars! Such an astronomical figure represents a three-fold increase on the current arrangement with NBCUniversal.

The publication further noted that WWE apparently received a bid even greater than Fox's, but executives were lured by the Murdoch empire's "commitment to heavily promote SmackDown across a robust sports portfolio that includes the NFL and Major League Baseball." No further details on this mystery second candidate are known.

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No official statement has been made by either party on the deal at present. Since it was informally announced, WWE stock has risen 11% to $57 per share, marking a 30% increase since rumours of a potential arrangement with Fox first surfaced this Thursday.

Editorial Team
Editorial Team

Benjamin was born in 1987, and is still not dead. He variously enjoys classical music, old-school adventure games (they're not dead), and walks on the beach (albeit short - asthma, you know). He's currently trying to compile a comprehensive history of video game music, yet denies accusations that he purposefully targets niche audiences. He's often wrong about these things.