During his recent appearance at the JP Morgan TMT Conference earlier this week, WWE CEO Nick Khan spoke about WWE’s ongoing media rights negotiations with current broadcast partners FOX and NBCUniversal.
You can check out some highlights from the conference below:
On WWE’s current media rights negotiations: “We’re just out of the exclusive [negotiating] window with Fox, we’re still in the window with NBCU. Conversations with both have gone phenomenally well. What we’re trying to balance here is getting the maximum value for what we consider these media rights to be. … We think our product has overdelivered on USA.”
Khan on why WWE is a good fit for Fox after the Disney sale: “If you look at their pivot, post the Disney transaction, into live and into sports, we think that we fit in quite well there. And we’ll see if there’s more to build with these two entities. At the same time, we’re always in touch with all of the buyers in the marketplace about what they’re looking for.”
Khan also noted that WWE admires the NBA media rights model, calling it a win-win for all parties involved.
