I am not sure if the money being talked about here is really warranted.. Is the fandom still there? Is wrestling still hot? Is this generation taking to the entertainment as much as previous ones? FOX and USA are betting on it..
According to the Hollywood Reporter, FOX is paying WWE $205 millon per year, meaning the overall deal is for $1.025 billion. USA Network will fork over $265 million per year for Monday Night Raw after paying $150 millon per year for both shows. To put this in perspective, NBC pays $200 million a year to air the NHL.
The press release..
“WWE and FOX are a perfect match,” said Vince McMahon, WWE chairman and chief executive. “Moving SmackDown Live to broadcast TV and having the ability to leverage FOX’s extensive portfolio of world-class sporting events will expand the reach of our flagship programming.”
The first episode of SmackDown Live on FOX will air Oct. 4, 2019…
I have long thought this: Horror movies and professional wrestling, at any given time in society, are illustrations of who we are.. they are us. They are the pop culture, the politics, the entertainment all in one..
For wrestling to survive, it needs to ebb and flow with the times..
McMahon has been focusing on his dream of a football league.. but he will always be known for wrestling. And what happens next? … he will be known for that too.
