WWE Apparently Fails To Double TV Rights Fees, Vince McMahon Comments On Growth
It was expected that WWE would be doubling or possibly tripling their previous rights fees in the new deal with NBCUniversal but that doesn’t appear to be the case. In another press release issued this evening, WWE noted that their new TV deals in the US, UK and Thailand will increase to “approximately $200 million.” This indicates that they did not double the fees.
The full press release can be read at this link. Vince McMahon commented on market growth:
“We continue to achieve significant increases in the value of our largest television agreements, a key component of our business plan. The rising value of our content coupled with the global expansion of WWE Network will provide the foundation for long-term growth that continues to transform our business over the coming years.”