Posted on 3/04/125 by Colin Vassallo
Participating at the Morgan Stanley Technology, Media &
Telecom Conference yesterday, TKO Chief Operating Officer
Mark Shapiro said that both WWE and NBCUniversal are “keen”
to renew their Peacock deal once it expires in March 2026.
Peacock currently has the rights for all WWE premium live
events and what is left of the old WWE Network in the United
States. Their five-year deal was valued at just over $1
billion.
Shapiro praised NBCUniversal for being great partners for
the company and for making WWE a priority in their growth
plan. Shapiro said that thanks to WWE, Peacock has seen new
subscribers and also retained a lot of them.
The TKO COO however did not slam the door on potentially
moving elsewhere if the business plan and money make sense
somewhere else. He said that discussions with NBCUniversal
will commence later this year on a potential renewal.
Shapiro said that it might be best for Netflix to own all of
WWE programming although he was sure to say he’s not
endorsing it, but rather saying it as an idea. Shapiro also
put over Netflix and how WWE programming viewership is up
since moving there.