FOX CEO Exposes They Are Yet To ‘Engage’ With WWE On Media Rights

Throughout today’s Morgan Stanley Investors Conference, FOX CEO Lachlan Murdoch attended to the media rights renewal conversations in between WWE and the media corporation.

WWE’s present broadcast handle FOX, which includes SmackDown airing weekly on the network on Friday nights, is set to end in 2024. Renewal talks and media rights settlements are anticipated to start later on this year.

Murdoch mentioned throughout the conference that FOX has not yet “engaged” with WWE on media rights, however the media giant will be prepared to do so when the wrestling promo is prepared to start such conversations. He stated,

” They have actually been excellent partners. They’ve been excellent partners throughout our relationship. I hope the acquirer will be as terrific as they’ve been if they eventually offer the service. I hope the management group remains undamaged there. They’ve done a remarkable task. From a rights viewpoint, we’re concentrated on the rights renewal. We have not engaged with them on the rights yet, we’re prepared to engage with them when they ask and they’re all set. Eventually, our hunger for renewal depends upon what occurs with the rest of our sports portfolio.”

The post FOX CEO Reveals They Are Yet To ‘Engage’ With WWE On Media Rights appeared initially on eWrestlingNews.com.