WWE will begin a new era when RAW moves to Netflix in 2025. Peacock will remain the home of WWE Premium Live Events, but that deal is set to expire in 2026.
TKO CEO Mark Shapiro discussed WWE’s PLEs at the UBS Global Media & Communications Conference. He noted that they were interested in talking to Peacock and other suitors once they were able to do so. (H/t Jeremy Lambert of Fightful)
“The PLEs are seeing significant audiences,” he said. “The marketing around the events have been terrific. That one in particular lends itself to even more suitors than the UFC, dare I say, because the nature of the PLEs, which are once a month. There are a lot of platforms out there that are looking for premium and also looking for volume. Other platforms are just looking for volume and even a smaller subset, but still enough for us, are looking for low volume but high premium.
“That is exactly what the PLEs are. Once a month, somewhere around the globe, we can schedule it with our partner depending on what is the strategic interest to them in terms of sub-growth, broadband growth, a new series they’re launching, or a new event on the ground. The PLEs are attractive in the sense that you’re getting high quality, very high premium, but just once a month. Obviously, we’ll start those conversations at some point in the first half of next year with Peacock, exclusively, but we’re interested to talk to other suitors. They know that, by the way,”
Nick Khan On Peacock
WWE President Nick Khan recently commented on the company’s relationship with Peacock. Rosy Cordero of Deadline wrote that Khan noted that WWE would always respect the rights of their incumbent partner.
“Peacock is our incumbent partner, and we’re always going to respect our incumbent’s rights in the relationship we have there,” he said. “So we’ll have those conversations with them in 2025 and we’ll see what shakes up.”
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