The CW Network To Become The Exclusive Broadcast Home To WWE NXT
Portfolio Pulse from Benzinga Newsdesk
The CW Network has signed a five-year deal to become the exclusive broadcast home for WWE NXT starting October 2024. This marks the first time WWE NXT will air on a broadcast television network. The deal includes 52 live weekly events throughout the year. The CW Network is expanding its sports portfolio, which also includes ACC football and basketball games, LIV Golf, and the NASCAR Xfinity Series from 2025.
November 07, 2023 | 10:24 pm
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POSITIVE IMPACT
Nexstar Media Group, which owns The CW Network, has signed a five-year deal with WWE NXT. This could potentially increase viewership and ad revenues for the network.
The deal with WWE NXT could attract a significant number of viewers to The CW Network, given the popularity of WWE. This could lead to increased ad revenues, positively impacting Nexstar's financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
POSITIVE IMPACT
WWE has signed a five-year deal with The CW Network for its NXT show. This could expand the audience for WWE NXT and potentially increase revenues.
The deal with The CW Network could significantly expand the audience for WWE NXT, given the network's reach. This could lead to increased revenues for WWE, positively impacting its financial performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100