Fade
Patti Mayonnaise
Posts: 38,512
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Post by Fade on Nov 7, 2023 15:15:49 GMT -5
Hbk: scratch the cocaine angle…
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Post by Finish Uncle Muffin’s Story on Nov 7, 2023 15:16:03 GMT -5
NXT on the CW is one of those things that seems like it's out of left field but kind of makes sense. The CW would probably treat WWE like a priority, too. It's going to immediately be their highest rated show, or close.
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Post by firsttimelongtime on Nov 7, 2023 15:16:05 GMT -5
Wow - what a deal for WWE. Really great for NXT too.
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Post by Feargus McReddit on Nov 7, 2023 15:18:00 GMT -5
Moved the CW stuff here because it’s an all encompassing topic.
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Post by Lizuka #BLM on Nov 7, 2023 15:18:51 GMT -5
NXT keeps its cocaine in the parking lot where it belongs.
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Post by YAKMAN is ICHIBAN on Nov 7, 2023 15:19:01 GMT -5
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Post by Jumpin' Jesse Walsh on Nov 7, 2023 15:19:24 GMT -5
NXT and Riverdale are in the same universe in my head canon.
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Post by Feargus McReddit on Nov 7, 2023 15:21:57 GMT -5
To be serious a bit, think this likely helps Raw in terms of bidding if it happens.
If it ends up back on USA, they ain’t going to have to pay for two shows and could afford one, WWE isn’t going to have to do a package deal where a bidder wants Raw and has to make room for NXT as well but instead build around one show on a Monday only.
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Post by HIM on Nov 7, 2023 15:25:13 GMT -5
Great deal for NXT.
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Post by "Evil Brood" Jackson Vanik on Nov 7, 2023 15:25:48 GMT -5
The CW gets a lot less eyeballs than USA and seems to be losing viewers at a rapid pace but if they got paid well, then I imagine it's a good deal. However, this struck me as odd - "it would easily be the biggest increase for WWE NXT media rights fees ever" - to my knowledge NXT has only ever had one domestic TV deal which is their current one with USA. So I guess the increase is double their current deal because the only other increase they had was from $0 to whatever their current deal is worth (rumors say around $45 million). But that's a really odd way to phrase it.
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Post by Confused Mark Wahlberg on Nov 7, 2023 15:26:19 GMT -5
Here's some teenagers for the CW to use!
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Post by Rudy Gobert Weather Machine on Nov 7, 2023 15:28:32 GMT -5
This was always the prophecy when Shawn started using Smallville camera angles
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Post by Lizuka #BLM on Nov 7, 2023 15:29:36 GMT -5
The CW gets a lot less eyeballs than USA and seems to be losing viewers at a rapid pace but if they got paid well, then I imagine it's a good deal. However, this struck me as odd - "it would easily be the biggest increase for WWE NXT media rights fees ever" - to my knowledge NXT has only ever had one domestic TV deal which is their current one with USA. So I guess the increase is double their current deal because the only other increase they had was from $0 to whatever their current deal is worth (rumors say around $45 million). But that's a really odd way to phrase it. I guess it depends on if you count when NXT was on Syfy.
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Post by "Evil Brood" Jackson Vanik on Nov 7, 2023 15:30:02 GMT -5
NXT could have some brand synergy here:
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Post by "Evil Brood" Jackson Vanik on Nov 7, 2023 15:30:46 GMT -5
The CW gets a lot less eyeballs than USA and seems to be losing viewers at a rapid pace but if they got paid well, then I imagine it's a good deal. However, this struck me as odd - "it would easily be the biggest increase for WWE NXT media rights fees ever" - to my knowledge NXT has only ever had one domestic TV deal which is their current one with USA. So I guess the increase is double their current deal because the only other increase they had was from $0 to whatever their current deal is worth (rumors say around $45 million). But that's a really odd way to phrase it. I guess it depends on if you count when NXT was on Syfy. I know that show was NXT but in a way it also doesn't feel like it was NXT.
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Post by Feargus McReddit on Nov 7, 2023 15:33:25 GMT -5
The CW gets a lot less eyeballs than USA and seems to be losing viewers at a rapid pace but if they got paid well, then I imagine it's a good deal. However, this struck me as odd - "it would easily be the biggest increase for WWE NXT media rights fees ever" - to my knowledge NXT has only ever had one domestic TV deal which is their current one with USA. So I guess the increase is double their current deal because the only other increase they had was from $0 to whatever their current deal is worth (rumors say around $45 million). But that's a really odd way to phrase it. I guess it depends on if you count when NXT was on Syfy. I think that would be like saying 80s Superstars and the WGN Superstars were the same show when they only really share a name.
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ayumidah
Patti Mayonnaise
DOOM TIME!!!!!
Posts: 30,960
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Post by ayumidah on Nov 7, 2023 15:41:19 GMT -5
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Post by Stone Coke Miami Watson 🥃 on Nov 7, 2023 15:51:25 GMT -5
"World Wrestling Entertainment is on the verge of announcing a new television home for WWE NXT, PWInsider.com can confirm. Multiple sources in the broadcast industry have confirmed that the CW Network and WWE have been in deep discussions for weeks about NXT shifting from its current basic cable home on the USA Network to a traditional broadcast television home, airing live weekly on the CW Network when the brand's current media rights deal ends in September 2024. The belief among some we have spoken with is the deal is VERY close to being completed with the deal expected to be around five years in length. Once signed, it would easily be the biggest increase for WWE NXT media rights fees ever, PWInsider.com is told. WWE has been hard at work at raising the prestige of WWE NXT so that the brand would be seen as something greater than just a developmental series for the company, with Becky Lynch, John Cena, The Undertaker, Paul Heyman, Dominik Mysterio and Rhea Ripley, among others, making appearances in recent months. The CW Network has been focusing more on sports programming since Nexstar Media Group purchased controlling interest in CW back in October 2022. The Network, best known in recent years for DC Superhero and teen-focused dramas. has instead brought Inside the NFL to CW, acquired the rights to LIV Golf events and in 2025, will be the home to the NASCAR Xfinity Series. WWE programming would fit right into that current strategy. PWInsider.com is told that the CW has had conversations with several wrestling promotions beyond WWE over the course of this year with discussion on series programming for both the network and the CW App, but WWE became the frontrunner and focus of conversations. The CW is the spiritual successor to the now-defunct UPN Network, where Friday Night Smackdown first debuted back in 1999. Smackdown will be moving to the USA Network in the Fall of 2024. With the CW deal, WWE would now have weekly series locked in on broadcast and cable platforms. One has to wonder if the one series left to be locked into a new home, Raw, could land on a streaming service. There has been talk of multiple streaming providers, including Amazon's Prime Video, having interest. WWE parent company TKO Holdings has an earnings call set for later today at 5 PM Eastern, so it should be interesting to see whether the NXT rights fees are brought up. That seems to be the perfect place to officially unveil a new partnership."
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Post by HMARK Center on Nov 7, 2023 16:04:09 GMT -5
If the negotiations have been going on for weeks, then I guess the NWA coke angle didn't exactly drive this. Were they looking to get NXT and NWA and now are backing out on the latter?
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Post by polarbearpete on Nov 7, 2023 16:15:49 GMT -5
That’s a pretty big move for NXT, moving to network TV on its own and assuming they are getting a big bump in rights fees.
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