How Fox Nabbed the Rights to WWE's 'SmackDown Live' | THR News

The transcript discusses WWE's strategic network deals, highlighting the shift of SmackDown from NBC Universal to Fox Networks. Fox secured a five-year deal worth $1.025 billion, emphasizing the importance of live sports in network strategies. NBC chose to retain Raw, focusing on its higher viewership. Meanwhile, ESPN finalized a deal with UFC, underscoring the growing value of live sports content. The narrative illustrates the competitive landscape of network television and the pivotal role of live events in engaging audiences.

Who are the key figures mentioned in the negotiations between WWE and Fox?

What does the deal between WWE and Fox signify about the importance of live sports?