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    Innovation Village | Technology, Product Reviews, Business
    You are at:Home»Business»Despite a 5 billion deal with Netflix, DStv retains its WWE broadcasting rights.

    Despite a 5 billion deal with Netflix, DStv retains its WWE broadcasting rights.

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    By Tapiwa Matthew Mutisi on January 30, 2024 Business, Content, Deals, Entertainment, News, Report, Technology

    Despite Netflix’s recent $5 billion deal with WWE for exclusive rights to events like Raw, Wrestling Entertainment (WWE) shows will continue to be available on SuperSport, MultiChoice has confirmed.

    Netflix’s ten-year agreement includes certain international rights to other WWE properties. Starting from January 2025, Netflix will broadcast the show in the US, Canada, Latin America, and other international markets, after the WWE’s domestic deal with Comcast comes to an end.

    WWE secures $5B agreement with Netflix

    Comcast recently bought a 30% stake in Showmax, a streaming company owned by MultiChoice, through its subsidiary, NBCUniversal. According to reports, Netflix will become the exclusive home for all WWE shows and specials outside the U.S.

    However, MultiChoice maintains that this deal won’t affect its contract with WWE. “SuperSport has held WWE broadcast rights for Sub-Saharan Africa since 2017, which we expanded in 2019, through our direct partnership with World Wrestling Entertainment,” it said.

    While SuperSport may not immediately lose its WWE rights in Africa to Netflix, the streaming giant’s foray into live events could be a concern for Africa’s largest pay-TV broadcaster. It may result in significant implications for the broadcaster if its dominance in this area is challenged by players like Netflix, Google (YouTube), Disney, and Amazon (Prime Video), who all have deep pockets.

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    broadcasting Content deals Entertainment Multichoice Netflix RAW Supersport Wrestling Entertainment WWE
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    Tapiwa Matthew Mutisi
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    Tapiwa Matthew Mutisi has been covering blockchain technology, intelligent technologies, cryptocurrency, cybersecurity, telecommunications technology, sustainability, autonomous vehicles, and other topics for Innovation Village since 2017. In the years since, he has published over 4,000 articles — a mix of breaking news, reviews, helpful how-tos, industry analysis, and more. | Open DM on Twitter @TapiwaMutisi

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