By Chris King • Published: 27 Jan 2021 • 1:30
Peacock Closes Huge Streaming Deal With WWE Reportedly Valued Over $1 Billion. image: twitter
PEACOCK Closes Huge Streaming Deal With WWE Reportedly Valued Over $1 Billion starting on March 18
NBCUniversal’s streaming service Peacock has struck a deal with the WWE to be its exclusive US streaming service, as part of a multi-year agreement, reportedly worth over $1 billion, according to The Wall Street Journal.
The WWE Network is the World Wrestling Entertainment’s standalone streaming service that has a $9.99 a month subscription, giving viewers access to WWE’s pay-per-view events, including the famous ‘Wrestlemania’.
From March 18 though, the WWE will be streamed on Peacock Premium, which costs which costs $4.99 per month, or the service without ads will cost $9.99 a month, with the original WWE Network being closed down.
Rick Cordella, Peacock’s Executive Vice President and Chief Revenue Officer said, “WWE Network is a transformative addition to the platform”.
NBCUniversal’s goal is to further strengthen its streaming service, and recently became the exclusive streaming home of The Office after the hit sitcom left Netflix, where all but two seasons of The Office are only available to paid subscribers, although Peacock does also has a free tier.
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Originally from Wales, Chris spent years on the Costa del Sol before moving to the Algarve where he is a web reporter for The Euro Weekly News covering international and Spanish national news. Got a news story you want to share? Then get in touch at editorial@euroweeklynews.com
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