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☆ CNBC's 2024 Stock Draft: Returning champ WWE's Charlotte Flair picks Super Micro in first round
▼ + stars: | 2024-04-25 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailCNBC's 2024 Stock Draft: Returning champ WWE's Charlotte Flair picks Super Micro in first roundCNBC’s annual stock draft is underway. Celebrities, athletes, and financial gurus join ‘Power Lunch’ to make their picks.

Persons: WWE's Charlotte Flair

WWE and its parent company, TKO, have said that they take Grant's allegations "very seriously." Staying in touchMcMahon has also talked to Trump, according to two of the people close to the wrestling impresario. The two billionaires have been in touch regularly, according to a person close to McMahon, although it isn't clear what they've discussed. Another person close to McMahon said that the two men don't discuss their legal problems and that Trump doesn't provide legal advice. Publicly, Johnson has thanked TKO and WWE executives regarding his addition to the TKO board earlier this year.

Persons: Vince McMahon, Donald Trump, Mark, McMahon, Janel Grant, he's, hasn't, Mark Shapiro, doesn't, McMahon hasn't, Paul, Levesque, Stephanie McMahon, wasn't, Jessica Rosenberg, Grant's, Jan, John Laurinaitis, Janel, couldn't, Ann Callis, Grant, Nicholas Biase, Linda McMahon, McMahon's, Bill Pugliano, Donald J, Trump, Dwayne, Johnson, John Cena, Cena, Howard Stern, I'm, William Morris, Cena didn't, Endeavor Group's, Ari Emanuel, Brendan Mcdermid Organizations: WWE, Austin Straubel, Getty, World Wrestling, NBC News, CNBC, Triple, Federal, U.S, Attorney's, Southern, of, Trump, WWE Hall of Fame, PAC, Trump Media, Technology Group, Street Journal, Trump Foundation, Hollywood, William, William Morris Endeavor, Endeavor Group, Endeavor, Endeavor Group's UFC, Longtime Hollywood, New York Stock Exchange Locations: Green Bay , Wisconsin, United States, Caicos, Italy, of New York, Connecticut, Manhattan, Atlantic City, Trump's, York, New York City, U.S

☆ Brady, Jeter, Eli and Peyton Manning headline Fanatics’ effort to build a comic-con of sports
▼ + stars: | 2024-04-11 | by ( Ian Thomas | ) www.cnbc.com time to read: +3 min

Lance Fensterman, CEO of Fanatics Events and the former president of ReedPop — where he produced pop culture events like New York Comic-Con, Complex-Con, and Star Wars Celebration — said he sees several parallels between pop culture fans and sports fans. However, he noted, while events like New York Comic-Con have evolved to embrace multiple difference fanbases and communities, the sports-focused event space is "ready to be disrupted a bit." Tom Brady, Derek Jeter, Eli and Peyton Manning, Kevin Durant, Sabrina Ionescu and Hulk Hogan are just some of the big sports names scheduled to appear, Fensterman said. "Those are the moments that we get excited about, and we just don't see it being done anywhere else in the world of live sports events," Fensterman said. The festival was the highest-grossing and most-attended fan event in WWE history, according to Fanatics.

Persons: Con, Lance Fensterman, ReedPop, —, You've, Fensterman, Tom Brady, Derek Jeter, Eli, Peyton Manning, Kevin Durant, Sabrina Ionescu, Hulk Hogan Organizations: New York, Star, Fest, Javits Center, NFL, NBA, WNBA, MLB, NHL, MLS, UFC, WWE, Endeavor, IMG, WWE's Locations: New York City, U.S, New, Philadelphia

☆ So, can we stop calling pro wrestling 'sports entertainment' now?
▼ + stars: | 2024-04-10 | by ( Katie Notopoulos | ) www.businessinsider.com time to read: +3 min

For years, the WWE has called itself "sports entertainment" instead of pro wrestling. Since the early 2000s, back even when World Wrestling Entertainment was still called WWF, the company has carefully referred to its scripted grappling as "sports entertainment" rather than "professional wrestling." Now, it seems that the verboten phrase — "pro wrestling" — is back as part of a series of changes made after McMahon left the company. A source familiar with internal policies at WWE told Business Insider that use of the term "pro wrestling" has been relaxed in the past year. For the moment, pro wrestling did indeed win out over sports entertainment.

Persons: John Cena, —, Michael Cole, Vince McMahon, McMahon, — Ibou, Cena Organizations: WWE, Service, Undertaker, Wrestling Entertainment, XFL, Netflix, Wrestling, Sports Entertainment, Rock

Last week, the company, McMahon and a former WWE executive were sued by a former employee alleging those crimes. McMahon has also discussed being under federal investigation and having a phone seized by federal officials, a senior-level WWE executive and another personal friend told NBC News. Representatives for McMahon, TKO Group and WWE did not immediately respond Friday to requests for comment on the federal investigation. McMahon is no stranger to allegations of sexual assault — and has survived several during his reign at the company. McMahon also faced federal conspiracy charges alleging orchestrated steroid use among WWE wrestlers, and he was found not guilty by a jury in 1994.

Persons: Vince McMahon, McMahon, Nicholas Biase, Janel Grant, John Laurinaitis, Laurinaitis, Rita Chatterton Organizations: MetLife, Former, Wrestling Entertainment, NBC News, WWE, U.S, Attorney's Locations: East Rutherford , New Jersey

☆ Vince McMahon resigns from WWE parent company board following sex abuse lawsuit
▼ + stars: | 2024-01-27 | by ( Hannah Getahun | Associated Press | ) www.businessinsider.com time to read: +3 min

According to a statement released late Friday, McMahon stepped down from the board of directors at WWE's parent company, TKO Group Holdings. The WWE board began investigating allegations that McMahon paid off accusers for their silence following his resignation as CEO. TKO Group Holdings referred Business Insider to McMahon's statement. Advertisement"Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE," TKO Group said earlier this week. Representatives for Grant did not immediately respond to a request for comment from Business Insider.

Persons: —, Vince McMahon, McMahon, Janel Grant, Grant, Nick Khan Organizations: Service, Business, Holdings, WWE, World Wrestling Federation Locations: Connecticut

McMahon stepped down from the his position as executive chairman of the board of directors at WWE’s parent company, TKO Group Holdings, according to a statement released late Friday. McMahon's statement said that he was leaving the board “out of respect” for WWE and TKO Group. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE,” TKO Group said earlier this week. According to the lawsuit, McMahon lived in the same building as Grant and in 2019 offered to get her a job at WWE after her parents died. “WWE benefited financially from the commercial sex act venture orchestrated by McMahon, including by having wrestling talent, such as WWE Superstar, sign new contracts with WWE after McMahon presented Plaintiff as a sexual commodity for their use,” the lawsuit states.

Persons: Vince McMahon, McMahon, Janel Grant, Grant, ”, “, ” McMahon, “ Mr, ” Grant, John Laurinaitis, Laurinaitis, McMahon lavished, —, Ms, Ann Callis Organizations: WWE, AP, World Wrestling Federation, Holdings, “ WWE Locations: STAMFORD, Conn, Connecticut

A former WWE employee filed a federal lawsuit Thursday accusing executive Vince McMahon and another former executive of serious sexual misconduct, including offering her to a star wrestler for sex. Grant also names as defendants in the lawsuit the WWE and John Laurinaitis, the company's former head of talent relations and general manager. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE," TKO Group said in a statement. According to the lawsuit, McMahon lived in the same building as Grant and in 2019 offered to get her a job at WWE after her parents died. “WWE benefited financially from the commercial sex act venture orchestrated by McMahon, including by having wrestling talent, such as WWE Superstar, sign new contracts with WWE after McMahon presented Plaintiff as a sexual commodity for their use,” the lawsuit states.

Persons: Vince McMahon, Janel Grant, McMahon, Grant, John Laurinaitis, Ann Callis, ”, “ Mr, Laurinaitis, McMahon lavished, — Organizations: WWE, AP, “ WWE, World Wrestling Federation, Holdings Locations: U.S, Connecticut

☆ CNBC Daily Open: A mixed picture on earnings
▼ + stars: | 2024-01-24 | by ( Sumathi Bala | ) www.cnbc.com time to read: +2 min

CNBC Daily Open brings investors up to speed on everything they need to know, no matter where they are. Traders work on the floor of the New York Stock Exchange (NYSE) on November 15, 2023 in New York City. Asia largely downAsia-Pacific markets mostly fell on Wednesday but Hong Kong's Hang Seng index jumped as much as 2.67%, powered by tech stocks. In her speech after the primary contest was called for Trump, Haley insisted she will stay in the race. It showed retail investors aren't completely sold on the new funds.

Persons: Wall, Haley, Donald Trump, Nikki Haley, bitcoin Organizations: CNBC, New York Stock Exchange, Nasdaq, Dow, Industrial, Netflix, Trump, South Carolina Gov, EV, Tesla, Deutsche Bank, Securities and Exchange Commission Locations: New York City, Asia, Pacific, New Hampshire, U.S, Europe

WWE's weekly television show “Raw” will move to Netflix next year as part of a major streaming deal. “Raw,” which debuted in 1993, has produced 1,600 episodes to date and features wrestlers such as Cody Rhodes, Becky Lynch, Seth Rollins and Rhea Ripley. “We are excited to have WWE Raw, with its huge and passionate multigenerational fan base, on Netflix,” Chief Content Officer Bela Bajaria said in a prepared statement. WWE, which is part of TKO Group Holdings Inc., said Tuesday that “Raw” will air on Netflix starting in January 2025. This will be the first time that WWE will air on the network in prime time.

Persons: “, Cody Rhodes, Becky Lynch, Seth Rollins, Rhea Ripley, Bela Bajaria, Mark Shapiro, ”, Dwayne “, ” Johnson, Johnson Organizations: Netflix, USA Network, WWE, Punk, Holdings Inc, World Wrestling Entertainment Inc, NBCUniversal, NBC Locations: U.S, Canada, America, Fox

☆ WWE deal doesn't mean Netflix will invest more in sports, co-CEO says
▼ + stars: | 2024-01-23 | by ( Alex Sherman | ) www.cnbc.com time to read: +3 min

After Netflix and WWE parent company TKO Group announced the deal Tuesday morning, it sparked questions about whether Netflix would try to buy streaming rights for one of the major sports leagues. Netflix paid more than $5 billion for 10 years of WWE's Raw and other international programming. Sarandos called the WWE Raw deal "the inverse of Formula 1," as WWE is popular in the U.S. and has a relatively small international audience. "We can build [WWE] like we have with Formula 1 through our shoulder programming," Sarandos said. The move to pay a giant rights deal is a clear shift for Netflix.

Persons: Dwayne, Johnson, John Cena, Ted Sarandos, Sarandos, WWE's, Mark Douglas Organizations: Life, Netflix, WWE, National Basketball Association, NBA, CNBC Locations: Miami Gardens , Florida, U.S

☆ Stocks making the biggest moves premarket: Coinbase, TKO Group, United Airlines, D.R. Horton and more
▼ + stars: | 2024-01-23 | by ( Brian Evans | ) www.cnbc.com time to read: +5 min

The company sees earnings per share ranging between 60 and 65 cents, well below an LSEG estimate of 72 cents per share. Horton — Shares of the home construction company slipped more than 5% after first-quarter earnings per share missed Wall Street estimates. Horton earned $2.82 per share, while analysts polled by LSEG expected a profit of $2.88 per share. Analysts expected earnings of 80 cents per share, according to LSEG. Analysts expected a profit of $1.24 per share on revenue of $19.7 billion.

Persons: Truist, Enphase, Goldman Sachs, Glen Santangelo, D.R, Horton —, Horton, LSEG, Halliburton, FactSet's StreetAccount, groundings, Johnson — Johnson, Johnson, RTX, CNBC's Hakyung Kim, Samantha Subin, Jesse Pound, Lisa Kailai Han, Fred Imbert Organizations: JPMorgan, General Electric, Energy, Federal, 3M, Goldman, Teva Pharmaceutical Industries, pharma, Jefferies, Logitech —, Logitech, Wall Street, United Airlines –, United Airlines, LSEG, Boeing, Max, Barstool Sports, Netflix, Johnson, Verizon, Procter, Gamble, RTX Corporation, Wall

☆ Here are Tuesday's biggest analyst calls: Apple, Nvidia, Coinbase, Tesla, Meta, Exxon, Microsoft & more
▼ + stars: | 2024-01-23 | by ( Michael Bloom | ) www.cnbc.com time to read: +8 min

Here are Tuesday's biggest calls on Wall Street: Cantor Fitzgerald initiates Nvidia as buy Cantor said in its initiation of Nvidia that the stock is a top pick at the firm. Bank of America adds Apple to the US1 list Bank of America added the stock to its top picks list. TD Cowen upgrades Exxon to outperform from market perform TD says shares of Exxon are "compelling." Oppenheimer initiates Flywire as outperform Oppenheimer initiated the payments company with an outperform rating and said Flywire is a growth stock. Guggenheim reiterates Tesla as sell Guggenheim says it's sticking with its sell rating on Tesla heading into earnings on Wednesday.

Persons: Cantor Fitzgerald, Cantor, it's, TD Cowen, Wells, Jefferies, Enphase, Goldman Sachs, Goldman, JMP, SIRI, Oppenheimer, Flywire, JPM, Philip Morris, Morgan Stanley, Evercore, Guggenheim, Tesla, Roth, Boston Beer, Stephens Organizations: Nvidia, Citi, Meta, Bank of America, Apple, Apple Inc, Chevron, Exxon, ENPH, JPMorgan, NRG Energy, Liberty, Liberty Media, Brands, UBS, Duke Energy, AEP, Guggenheim, Boston Beer, Boston Locations: North Carolina, underperform, OW

☆ Watch CNBC's full interview with TKO CEO Ari Emanuel and Seven Bucks Companies CEO Dwayne 'The Rock' Johnson
▼ + stars: | 2024-01-23 | by ( ) www.cnbc.com time to read: 1 min

Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailWatch CNBC's full interview with TKO CEO Ari Emanuel and Seven Bucks Companies CEO Dwayne 'The Rock' JohnsonTKO CEO Ari Emanuel and Dwayne 'The Rock' Johnson, actor and newly appointed TKO board director, join 'Squawk on the Street' to discuss the company's 10-year deal with Netflix to stream WWE's flagship program 'Raw' starting next year, news of Dwayne Johnson joining the TKO board, Johnson on the XFL-USFL merger, tequila sales, and more.

Persons: Ari Emanuel, Dwayne, Johnson, Dwayne Johnson Organizations: Seven Bucks, Netflix, XFL, USFL

SAN FRANCISCO (AP) — Netflix registered its third-consecutive quarter of accelerating subscriber growth in the final three months of 2023, closing out a comeback year that included a crackdown on viewers freeloading on the video-streaming service and a smattering of price hikes. Political Cartoons View All 253 ImagesThe rising tide of customers left Netflix with more than 260 million global subscribers at the end of 2023 — an annual increase of nearly 30 million subscribers. Last year’s performance was a stark contrast to 2022’s increase of 8.9 million subscribers — a lackluster showing that raised questions whether the video-streaming pioneer was losing steam amid stiffening competition for viewers. The revenue exceeded analysts' forecasts, while earnings per share missed analyst targets, partly because of a $239 million charge tied to its foreign debt. The company's shares rose nearly 7% in Tuesday's extended trading after its fourth-quarter numbers came out.

Persons: ”, Oscar, “ Maestro Organizations: FRANCISCO, Netflix, Research, Revenue, Walt Disney Co, Warner Bros, Discovery Locations: Gatos , California

☆ Netflix is preparing investors and users for more price hikes in 2024
▼ + stars: | 2024-01-23 | by ( Alex Sherman | ) www.cnbc.com time to read: +2 min

Netflix announced earlier this month it has 23 million monthly active users on its advertising tier. That may be 12 to 15 million paying subscribers, estimated Evercore ISI analyst Mark Mahaney. The takeaway for Netflix executives may be that most of its audience is content with paying what Netflix is charging. With more content, Netflix may have leverage to convince its users that they should pay more money. Netflix didn't announce a price hike in its quarterly letter or say when one is coming.

Persons: we'll, Mark Mahaney, It's, Netflix didn't Organizations: Netflix, Raw, Disney, ESPN Locations: Krakow, Poland, U.S

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. Netflix, which is trying to drive revenue by cutting down on subscription sharing and pushing viewers toward its ad-tier membership, has made few attempts at live programming in its history. With WWE permission, Netflix could even develop movies or series around WWE characters, one of the people said. For TKO, the parent company of WWE, striking a deal with Netflix brings WWE wrestling to about 250 million global subscribers. WWE President Nick Khan has had Netflix on his radar as a potential landing spot for Raw for several years.

Persons: Dwayne Johnson, Mark Shapiro, Rupert Murdoch, Nick Khan, Khan Organizations: Netflix, Raw, WWE, SmackDown, NXT, USA Network, ESPN, Turner, NFL, Fox Locations: U.S, Canada, America

How to watch WWE Survivor Series live streams from anywhereYou can use a VPN to watch Survivor Series live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Survivor Series in the UKTNT Sports Box Office will show Survivor Series in the UK via providers Sky, Virgin Media, and BT TV. How to watch WWE Survivor Series in CanadaSurvivor Series will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Survivor Series in AustraliaBinge is the primary destination for Survivor Series in Australia. WWE Survivor Series match cardHere's a schedule of all the matches taking place at Survivor Series.

Persons: showdowns, Randy Orton, Cody Rhodes, Seth Rollins, Sami Zayn, Asuka, Baily, Iyo, Bianca Belair, Charlotte Flair, Becky Lynch, We'll, Peacock, Canada's, It's, ExpressVPN, NBC Peacock, you've, Randy Orton Cody Rhodes, Finn Balor, Dominik Mysterio, JD McDonagh, Damian Priest, Drew Mcintyre, Bayley, Kairi Sane, Rhea Ripley, Zoey Stark, Gunther, Carlito, Santos Escobar Organizations: WWE Survivor, Games, Jey Uso, Damage, Survivor, WWE, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Canada Survivor, Sportsnet, Survivor Series, Men's, Uso, Women's, Miz Locations: Chicago, United States, Australia, Canada, Shotzi

If that's your plan, we'll show you how to watch Macy's Thanksgiving Day parade live stream below. How to watch Macy's Thanksgiving Day ParadeNBC is broadcasting the 2023 Macy's Thanksgiving Day parade nationally. How to watch Macy's Thanksgiving Day Parade from anywhereIf you're not in the United States, you won't be able to access Peacock without a bit of trickery. How to watch Macy's Thanksgiving Day Parade with a VPNSign up for a VPN if you don't have one. Watch the Macy's Thanksgiving Day Parade.

Persons: Pillsbury, Luffy, Leo, Kung Fu, We'll, Cher, Brandi, WWE's Rhea Ripley, Dominik Mysterio, they've, ExpressVPN, you'll, Insider's Organizations: Sesame, NBC, Disney Plus Locations: New York City, United States, Hulu

Right now, the streaming service is offering a discounted Starz add-on subscription for $0.99 per month for 6 months. Hulu one-upped its $1.99 deal from yesteryear by halving that to just $0.99 per month. Like the base Hulu deal, the Starz add-on offer ends at the end of the day on November 28. The original Hulu deal already tops our list of the best Black Friday streaming deals, and this only sends it over the edge. Starz is home to popular original hit series like "Power," "P-Valley," "Outlander," and "BMF: Black Mafia Family."

Persons: Hulu's, You'll, John Wick, It's, We're Organizations: Starz, Hulu, Friday

Peacock is the best option to tune into Crown Jewel in the United States, offering the cheapest Crown Jewel live stream. How to watch WWE Crown Jewel live streams from anywhereYou can use a VPN to watch Crown Jewel live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Crown Jewel in CanadaCrown Jewel will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Crown Jewel in AustraliaBinge is the primary destination for Crown Jewel in Australia. WWE Crown Jewel match cardAhead, we list a schedule of all the matches taking place at Crown Jewel.

Persons: We'll, John Cena, Rhea Ripley's Women's, Drew McIntyre, Seth Rollins, Peacock, Canada's, It's, ExpressVPN, NBC Peacock, you've, Seth, Rollins, Raquel Rodriguez, Zoey Stark, Shayna, Nia Jax, Rhea Ripley, Rey Mysterio, Logan Paul, Bianca Belair, Cody Rhodes, Damian Priest John Cena Organizations: WWE, LA Knight, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Sportsnet, LA, United Locations: Riyadh, Saudi Arabia, United States, Australia, Canada

We'll show you exactly how and where to watch Fastlane live streams once the fireworks go off. How to watch WWE Fastlane live streams from anywhereYou can use a VPN to watch Fastlane live if you don't live in a country with cable access or streaming plans that include WWE Network events. How to watch WWE Fastlane in CanadaFastlane will stream over the WWE Network via Sportsnet in Canada. How to watch WWE Fastlane in AustraliaBinge is the primary destination for Fastlane in Australia. WWE Fastlane match cardAhead, we list a schedule of all the matches taking place at Fastlane.

Persons: John Cena, Uso, Rey Mysterio, Bobby Lashley, Charlotte Flair, Seth, Freakin, Rollins, Shinsuke Nakamura, Cody Rhodes, Peacock, Canada's, It's, ExpressVPN, NBC Peacock, Jimmy Uso, Finn Bálor, Damian Priest Organizations: WWE, LA, Uso, WWE Network, Canada's Sportsnet, NBC, TNT, Sky, Virgin Media, BT, TNT Sports, Sportsnet, LA Knight Locations: Indianapolis, United States, Australia, Canada, Fastlane

☆ Here are Friday's biggest analyst calls: Netflix, Nvidia, Eli Lilly, Disney, Levi's, Exxon, Walmart and more
▼ + stars: | 2023-10-06 | by ( Michael Bloom | ) www.cnbc.com time to read: +7 min

JPMorgan reiterates Exxon as overweight JPMorgan said it's standing by its buy rating on the oil and gas giant. Seaport initiates Netflix as buy Seaport said it sees plenty of upside in shares of Netflix. JPMorgan upgrades Eaton to overweight from neutral JPMorgan said the industrial and electrical company is best in class. UBS reiterates Levi's as buy UBS said Levi's is still an attractive stock despite the company's disappointing earnings report Thursday. " JPMorgan upgrades Apellis to overweight from neutral JPMorgan said the pharmaceutical company is well-positioned for more upside.

Persons: Piper Sandler, Bernstein, Disney, XOM, Jefferies, TD Cowen, Cowen, Eaton, Eli Lilly, Doug McMillon, Berenberg, Morgan Stanley, Meta, Levi's, Oppenheimer downgrades O'Reilly, AutoZone, Oppenheimer, it's, Truist Organizations: Disney, Netflix, Hulu, JPMorgan, Exxon, Barclays, Nvidia, Intel, Gaudi, Citi, Discover Citi, DFS, Seaport, Bank of America, Energy, of America, Apple, Vegas, Prix, Clearway Energy, Walmart, United Auto Workers, Auto, Meta, UBS Locations: Parks, NVDA, China, ETN, TEL, AZO, ORLY

☆ Formula One gets upgraded by Citi, which says concerns around Las Vegas race are 'overblown'
▼ + stars: | 2023-10-06 | by ( Lisa Kailai Han | ) www.cnbc.com time to read: +2 min

Citi thinks it's time to to buy shares of Liberty Media Formula One . The investment bank upgraded shares of Formula One Group to buy from neutral, maintaining its $71 price target. It's been a highly volatile year for shares of Formula One, which are overall up 17.7% in that time. "Ultimately, we are not overly concerned by the extra capex, as the Vegas event could help drive U.S. engagement by bolstering media rights revenue." "We view the relative risk-reward associated Apple's prospective interest in F1's global media rights as attractive at prevailing levels."

Persons: It's, Jason Bazinet, Bazinet, TKO's, Michael Bloom Organizations: Citi, Liberty Media, Formula One, Formula, Las Vegas, Apple, Prix, One's

☆ WWE to bring back 'SmackDown' to NBCUniversal's USA Network
▼ + stars: | 2023-09-21 | by ( ) www.reuters.com time to read: +1 min

Apr 2, 2023; Inglewood, CA, USA; L to R; Solo Sikoa and Roman Reigns and Paul Heyman and during Wrestlemania Night 2 at SoFi Stadium. Mandatory Credit: Joe Camporeale-USA TODAY Sports/File Photo Acquire Licensing RightsSept 21 (Reuters) - WWE's "Friday Night SmackDown" will be back on USA Network late next year, after the wrestling company struck a new partnership deal with Comcast's (CMCSA.O) NBCUniversal to air more shows. WWE, part of TKO Group (TKO.N), will also produce four primetime specials per year for NBC as part of the five-year deal. "With Friday nights on USA, primetime specials on NBC, and the WWE hub on Peacock, we'll continue to use the power of our portfolio to super-serve this passionate fanbase," NBCUniversal Entertainment Chairman Frances Berwick said. USA Network is currently home to "WWE NXT" and "WWE Raw".

Persons: Sikoa, Paul Heyman, Joe Camporeale, we'll, Frances Berwick, Samrhitha, Saumyadeb Chakrabarty, Anil D'Silva Organizations: USA Network, WWE, NBC, Thomson Locations: Inglewood , CA, USA, SoFi, Bengaluru

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