Latest
  • Welcome!

    We're a UK based community of cult entertainment fans - so whether you're into WWE, Marvel, DC, Game of Thrones, Walking Dead, Star Wars, Doctor Who, Star Trek and more - join us!

    It's free to register, so why not sign up and discuss whatever you're into...

WWE moving to FOX?

TPIB

Well-Known Member
Messages
5,397
Ratings
63
Points
48
Credit: Wrestling-Online.com
Over the past few days, the rumors of WWE entertaining the idea of moving to FOX has come up, largely thanks to an extensive report written in the Wrestling Observer newsletter.

WWE will be seeking to lock in either a renewal with NBCUniversal or else find a new home by a target date of May of this year even though the potential move cannot happen until the last quarter of 2019. Last time WWE negotiated a deal with NBCUniversal, they got much less money than they hoped for and it drove the company’s stock down big time.

FOX is currently locked in a contract with the UFC, a contract which cost them big, big money. That deal is about to expire and UFC will be doing what WWE is doing right now: shopping around. If FOX loses UFC, the company might go all out to replace UFC programming with WWE and could pay a premium to fill the many hours which would be left void by the departure of the UFC. This, of course, would be great news for WWE and its shareholders.

The WON report even considers the possibility of FOX buying out WWE completely. With FOX selling many of its assets to Disney, FOX is now cash rich and might want to invest that money again. Getting Vince McMahon to agree to a deal where he sells the family business will be a hard task to accomplish but at the end of the day, it’s all about money. The UFC was sold for $4.3 billion and if WWE can get remotely close to that sum, it would be very hard to turn down the offer.

If WWE ends up on FOX in the future, chances are that the flagship show Monday Night Raw would move to the main FOX station, making the jump from cable to network for the first time in its 25-year history. FOX, unlike USA Network, is a free-to-air station and can be reached by anyone with a home antenna. The downside of moving Raw to FOX on network would be the 3-hour format. The majority of FOX affiliates have news at 10PM so that would mean Raw has to end by then with no overruns.

FOX also has a number of channels that can accommodate WWE programming, including Fox Sports 1 and 2, FX, FXX, and many others.

In late November, The Business Journals reported that WWE met with FOX execs in Los Angeles to pitch their programming power to them. Chief Financial and Strategy officer George Barrios and EVP of Talent, Live Events, and Creative Paul “Triple H” Levesque were present for the meeting with FOX. Company officials also met with CBS and Disney along with Amazon and YouTube to discuss potential partnerships.
I don't know if this potential move will mean anything for those of you in the UK but I think the most interesting part of this report is the idea that FOX could try to buy WWE out completely. I find it hard to believe that Vince would even entertain the idea of selling WWE to anyone but it's an interesting "what if" scenario to consider.

If WWE does move to FOX, it could mean some big changes for WWE. What comes to mind for me when I think of WWE moving its shows to FOX is that, maybe, WWE could get out from underneath the three-hour RAW format (since the USA Network is apparently the ones who pushed for RAW to be three hours). I also think that, given the opportunity, WWE moving to FOX would do good business for WWE as FOX is more available to people than the USA Network.
 

Kam

Administrator
Administrator
Messages
13,481
Ratings
164
Points
78
These stories always come out near the contract expiry date, I wouldn't be surprised if it's WWE leaking stuff themselves. They want to make it appear all these broadcasters are after them to try and get the best price possible. Last time they messed up, telling shareholders they were going to get a great deal and had to settle for much less.
 

TPIB

Well-Known Member
Messages
5,397
Ratings
63
Points
48
These stories always come out near the contract expiry date, I wouldn't be surprised if it's WWE leaking stuff themselves. They want to make it appear all these broadcasters are after them to try and get the best price possible. Last time they messed up, telling shareholders they were going to get a great deal and had to settle for much less.
Yeah. You're probably right. Still though, it's something to imagine and talk about. Who doesn't love a good "what if" scenario?
 
Top