Big Update On WWE’s TV Rights Fees Negotiations


WWE spoke about the company’s ongoing TV rights fees negotiations at Thursday morning’s investor conference call. Here are some highlights:

– WWE is now engaged in negotiations with several other companies now that they are outside of their exclusive window with NBCU.

– They expect to have a deal done by the end of April.

George Barrios would not comment on how many bidders they expect for WWE TV, but they are confident in the final outcome due to the strength of the product.

– When asked why they couldn’t reach a deal with NBC Universal, Barrios said NBC U didn’t want to pay what they were looking for. He would not comment if the WWE Network played a factor in the negotiations.

– Regarding whether WWE will realize the benefits of the new TV deal at once or gradually, they said the deals have “escalation clauses” built in.

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