TKO CFO addresses the status of WWE RAW programming for the final quarter of 2024

As previously noted, WWE RAW will be moving to Netflix in January of 2025 and it was reported by sportsbusinessjournal.com that the contract is believed to be for $5 billion dollars over ten years. WWE’s deal with USA Network ends at the end of September and RAW currently doesn’t have a television home for the last quarter of 2024.

During TKO’s Q4 earnings call, TKO CFO Andrew Schleimer addressed the situation…

“We also intend to renew our license or find an alternate provider to carry Raw in the U.S. for the 90-day period from October 1, 2024 through December 31, 2024 before it moves to Netflix as described below. These domestic licenses together account for a very significant portion of our media segment revenues and profitability. No assurances can be provided as to the outcome of these negotiations and, if we are unable to renew existing agreements or find alternative streaming or distribution partners, our results of operations could be adversely impacted.”

“We believe Raw will be aired in the fourth quarter. We have no further information. We feel pretty positive about it.” (quotes courtesy of Fightful.com)