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Netflix to stream WWE's Raw starting next year in its biggest jump into live entertainment
Netflix and TKO Group Holdings said Tuesday that the streaming platform will air the WWE's flagship program Raw starting next year, in Netflix's first major foray into live sports. The 10-year deal is valued at more than $5 billion, according to a company filing. Netflix will have the option to exit the deal after five years and to extend it for another decade. The streaming platform will be able to stream Raw globally, and will start the agreement with exclusive rights to it in the U.S., Canada, U.K. and Latin America.Netflix will also become the home for all WWE shows and specials outside the U.S., including SmackD
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