via ESPN:
Airing on Fridays according to TheWrap.
Hollywood Reporter says it's a five year deal worth $1 billion(!!):
WWE has agreed in principle to make Fox the new home of "SmackDown Live," after the network came to WWE with what sources described as a "massive" offer.
Specific terms, beyond the fact that the deal will begin in October 2019, are unknown at this time.
A representative for WWE declined to comment. A Fox spokesperson could not immediately be reached.
As first reported by the Hollywood Reporter on Thursday, NBC Universal declined its right of first refusal to hit the numbers that WWE proposed on "SmackDown." NBC instead focused its efforts on "Monday Night Raw."
With live TV viewed as a prized commodity in the era of DVR and on-demand and "SmackDown Live" straddling the worlds of scripted and sports TV, Fox greatly valued the opportunity to pursue one of WWE's signature programs.
Airing on Fridays according to TheWrap.
The popular pro-wrestling show will air there on Fridays, a person with knowledge of the deal told us.
Hollywood Reporter says it's a five year deal worth $1 billion(!!):
Fox will be the anticipated home of WWE SmackDown Live in a massive new five-year deal worth more than $1 billion, sources close to the negotiations tell The Hollywood Reporter. The new deal, which is nearing completion and is worth $205 million annually, is expected to begin in October 2019, and will mark a three-fold increase over what NBCUniversal is currently paying WWE to air SmackDown on its USA network.
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