Media Business Observer Predicts Company Will Be Sold
Is NBC Universal buying the WWE? That’s the latest rumor concerning the sale of the profitable wrestling promotion.
Rumors about the WWE going on sale are nothing new. Indeed, fans have heard serious talk about different parties being interested in buying the company since right before the pandemic. You may recall ESPN was rumored to be interested right before the Coronapocalypse struck.
Now, John Ourand, who writes about the media for Sports Business Journal is predicting:
WWE goes all in with NBCU. WWE’s TV deals expire at the end of 2024, but it will start to negotiate new deals in April, right WrestleMania. By the end of 2023, WWE will have a deal in place with NBCU that keeps Raw and NXT on USA and moves SmackDown from Fox to one of NBC’s channels.
H/T Sports Business Journal
NBC Universal’s name has come up before as a possible purchaser of the WWE. On paper, it makes sense as the conglomerate already pays for the rights to RAW, NXT, and the WWE Network.
Is NBC Universal Buying WWE?
One thing that might block a potential sale is Vince McMahon’s attempt to return to power in the WWE. Things could get messy if McMahon tried to return.
McMahon’s past scandals are a problem to his returning to the company. He also faces two new allegations, These allegations would have to be resolved before he could attempt a return.
Do you think the WWE will go up for sale? Let us know in the comments below.
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