One Big Thing
TKO CEO Mark Shapiro signals openness to new streaming partners for WWE Premium Live Events (PLEs) after the Peacock contract ends in 2026, highlighting their unique monthly format as a major selling point.
Why It Matters
This development comes as WWE enters a transformative period, with Raw moving to Netflix in January 2024, marking the first streaming-exclusive deal for WWE’s flagship show in its 32-year history.
Key Details
- Current PLE rights belong to Peacock until 2026
- Discussions with Peacock for renewal will begin in early 2024
- WWE plans to explore options with other streaming platforms
- PLEs currently air once monthly, offering high-premium content
By The Numbers
- 12 Premium Live Events per year
- 32 years of Raw broadcasting history
- 2026 marks the end of the current Peacock agreement
Direct Quote
“The PLEs are attractive in the sense that you’re getting high quality, very high premium, but just once a month,” Shapiro said at the UBS Global Media & Communications Conference.
Looking Ahead
- WWE will begin exclusive renewal talks with Peacock in first half of 2024
- Multiple streaming platforms have shown interest in premium content
- Company seeks strategic partnerships aligned with subscriber growth goals
Bottom Line
WWE’s Premium Live Events represent a valuable property in the streaming marketplace, with their monthly schedule and premium content making them attractive to various platforms seeking high-quality programming.
What streaming service do you think would be the best home for WWE Premium Live Events after 2026? Share your thoughts in the comments below.