The value of stock in TKO Group Holdings has skyrocketed after today’s announcement that RAW will move to Netflix in January 2025.
Following the news, stock in WWE’s parent company rose over 20% in pre-market trading, which equates to an approximate $2.7 billion increase in market cap.
In addition to RAW, fans outside the U.S. will also see SmackDown, WWE NXT, and pay-per-view events move to Netflix in 2025, as part of a decade-long, $5 billion deal.
TKO welcomed Dwayne ‘The Rock’ Johnson as a board member today. The Brahma Bull recently returned to WWE programming during the ‘Day 1’ themed edition of RAW.
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The wrestling world was sent into a frenzy today as it was announced that WWE’s flagship show, RAW, will be moving to Netflix in January 2025. This groundbreaking deal has caused the value of stock in TKO Group Holdings, WWE’s parent company, to skyrocket, with a 20% increase in pre-market trading. This increase translates to a staggering $2.7 billion surge in market capitalization.
Not only will RAW be making its way to Netflix, but fans outside the United States will also have access to SmackDown, WWE NXT, and pay-per-view events as part of a massive $5 billion deal that spans over a decade. This move marks a significant shift in the way wrestling content is distributed and consumed.
To add to the excitement, TKO Group Holdings announced the addition of Dwayne ‘The Rock’ Johnson as a board member. The Brahma Bull, who recently made a triumphant return to WWE programming during the ‘Day 1’ themed edition of RAW, brings his immense star power and business acumen to the table. Johnson’s involvement further solidifies the company’s commitment to growth and innovation.
This groundbreaking partnership between WWE and Netflix opens up new avenues for both companies. Netflix gains access to a massive fanbase and a treasure trove of wrestling content, while WWE expands its reach and secures a lucrative deal that ensures its programming will be available to fans worldwide.
For wrestling enthusiasts, this move means easier access to their favorite shows and events. With RAW, SmackDown, NXT, and pay-per-view events all available on Netflix, fans can enjoy their favorite wrestling content on-demand, at their convenience. This shift in distribution platforms reflects the changing landscape of media consumption and caters to the preferences of modern audiences.
As this exciting new chapter unfolds, fans can stay up-to-date with all the latest wrestling news on eWrestlingNews.com. The website offers comprehensive coverage of the wrestling world, ensuring fans never miss a beat. Additionally, fans can follow eWrestlingNews on Twitter and Facebook for real-time updates and engaging content.
In conclusion, the announcement of RAW moving to Netflix in 2025 has caused a significant surge in stock value for TKO Group Holdings. This groundbreaking deal not only includes RAW but also brings SmackDown, WWE NXT, and pay-per-view events to Netflix, marking a new era in wrestling content distribution. With the addition of Dwayne ‘The Rock’ Johnson as a board member, the future looks bright for WWE and its partnership with Netflix. Wrestling fans can look forward to enjoying their favorite shows and events on-demand, while staying informed through platforms like eWrestlingNews.com.