Netflix slams into live events with $6.7B wrestling takeover of WWE's Raw

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Netflix took a big step into live events on Tuesday with a more than $6.7 billion ($5 billion US) deal that would make it the exclusive home of World Wrestling Entertainment’s Raw from January 2025 onward.

The 10-year partnership will put Raw on the streaming platform in the U.S., Canada, United Kingdom and Latin America, among other territories, the companies said.

Outside the United States, Netflix will also exclusively telecast all WWE shows and specials, including SmackDown, as well as pay-per-view live events such as WrestleMania and Royal Rumble.

Raw debuted in 1993 and has produced 1,600 episodes to date, featuring wrestlers such as Cody Rhodes, Becky Lynch, Seth Rollins and Rhea Ripley. In the

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