Netflix Picks Up WWE's Raw and Other Live Events in New Deal

WWE Raw is the No.

Netflix will also be home to World Wrestling Entertainment’s other weekly programs like SmackDown and NXT.

The deal is reportedly valued at more than $5 billion, according toThe Hollywood Reporter.

The deal is described as “long term.”

The partnership marks Netflix’s newest foray into live events,particularly with sports.

Leaning into live sports programming is a trend in the streaming space.

(Max, for example, will charge $10 a month for itsB/R sports add-on.)

But in other cases, such programming is included with the plan.

Netflix subscriptions are available starting at $7 a month in the US.