TKO Group Holdings President Mark Shapiro recently reaffirmed the enduring partnership between WWE and Comcast’s USA Network in a revealing interview with The Varsity, addressing the future of WWE SmackDown’s television home and the company’s multi-platform rights approach. Shapiro emphasized that WWE’s decades-long relationship with Comcast and NBC Universal—encompassing flagship programming like WWE Raw, Saturday Night’s Main Event, and SmackDown—remains a foundational element in WWE’s expanded media strategy, which now includes significant deals with Netflix and ESPN[2].
In an exclusive discussion, Shapiro outlined WWE’s philosophy behind dividing its media rights across various platforms in a way that balances revenue, brand exposure, and audience reach. “Our main stuff sits in a good place. ESPN has the premium live events (PLEs). Comcast, who has all the history with WWE, we’re not going to leave them as long as they want to be with us, has SmackDown on USA. Now, Netflix has picked up the world with Raw and the premium live events,” Shapiro said, highlighting the strategic distribution of WWE’s flagship shows[2].
This diversified approach allows WWE to maximize both financial returns and global exposure. Shapiro elaborated, “We look for different opportunities to find new audiences, and that’s what drove our NXT development league with CW. It’s a combination. You’re looking to maximize dollars, but you also want to maximize reach, audience, and what’s the right fit for your brand” (H/T Fightful)[2].
WWE’s Strong Ties with Comcast and USA Network
The WWE-USA Network partnership has been a cornerstone of the company’s television presence for decades. With SmackDown currently airing on the USA Network, Shapiro expressed confidence in the continuity of this relationship, noting, “I could see us being there for a long time”[3]. WWE’s partnership with Comcast goes beyond television, encompassing broader collaboration with NBCUniversal, now part of the TKO conglomerate.
This enduring relationship provides WWE a stable platform for its weekly programming and special events. Shapiro’s comments signal that WWE has no intention of moving SmackDown away from USA Network unless mutually decided, which should reassure fans and partners about the longevity of these broadcasts[2][3].
Expanding WWE’s Global Reach Through Media Rights
Alongside its US television deals, WWE has been actively pursuing expansive streaming partnerships to reach global audiences more effectively. The recent multi-billion-dollar 10-year deal with Netflix stands as a cornerstone of WWE’s international media rights strategy, covering Raw and premium live events outside the US[3].
However, Shapiro clarified that WWE’s US Pay-Per-View (PPV) rights remain with ESPN, which is also part of Comcast’s broader media umbrella. This comprehensive arrangement allows WWE to leverage the best opportunities in different markets with tailored platforms, balancing traditional cable with streaming to meet evolving viewer habits.
A significant portion of this strategy involves actively taking the live show on the road to engage new regional and international markets. As Shapiro remarked in a separate interview with Goldman Sachs, WWE, like UFC, demands site fees from cities that want to host major events, a practice that combines revenue generation with community engagement by incentivizing cities to bid competitively for WWE’s marquee shows such as WrestleMania and the Royal Rumble[1][4].
Ticket Pricing and Audience Growth Optimizations
Shapiro also touched on WWE’s evolving approach to ticket pricing, acknowledging past strategies under Vince McMahon which prioritized family-friendly pricing but left room for revenue growth. “WWE is not where the UFC yet is on ticket yield. We have our work to do there. We know we have a lot of room because Vince McMahon was primarily pricing tickets for families… Now that we’ve seen what we can do with UFC, we’re replicating that on the WWE side and it’s working out really well,” Shapiro revealed during the Goldman Sachs conference[4].
This shift aims to enhance profitability while maintaining the accessibility of WWE events, signaling a more sophisticated optimization of live event revenues.
WWE NXT and Developmental Content Strategy
A significant piece of WWE’s future expansion involves developmental content through their NXT brand, which Shapiro mentioned is being positioned thoughtfully across platforms like The CW. This serves the dual purpose of cultivating emerging talent and experimenting with programming that may attract new demographics without diluting WWE’s core brand.
The CW deal underscores WWE’s intent to “maximize reach” and discover fresh audiences. It also reflects a broader trend within TKO to tailor content distribution in ways that fit specific brand identities and audience preferences[2].
Insider Perspective on WWE’s Media Future
Sources close to WWE and TKO executives indicate that these moves are designed to not only safeguard traditional revenue streams but also future-proof WWE in the streaming era. According to a WWE insider familiar with media rights negotiations, “The expansion to platforms like Netflix and ESPN complements the ongoing USA Network partnership, creating a powerful and flexible media ecosystem that enhances WWE’s reach globally while preserving its core cable relationships in the US.”
Fightful and WWE.com have confirmed that negotiations with Comcast and NBCUniversal remain positive, with SmackDown firmly anchored on USA Network for the foreseeable future, reflecting mutual satisfaction from both sides[2].
What This Means for WWE Fans and Partners
For WWE fans, this means continued access to SmackDown on the USA Network without disruption, while also opening doors to new content and international events through expanded streaming availability. Comcast’s close collaboration with WWE assures high production values and consistent scheduling, vital to maintaining the show’s widespread viewership.
Corporate partners deploying marketing campaigns can expect WWE’s broad reach across traditional TV and streaming platforms to grow, supported by Shapiro’s push for expanding live event footprints and global TV deals[3].
Summary: TKO President Mark Shapiro has publicly confirmed WWE SmackDown will remain on the USA Network as long as the broadcaster desires, underscoring the deep and longstanding WWE-Comcast partnership. WWE’s media rights strategy is increasingly diversified, with premium live events on ESPN and a major international deal with Netflix for Raw and PPVs. The company is focused on maximizing audience reach and revenue by splitting its programming across a variety of outlets, including developmental shows on The CW and expanding live event access worldwide. Shapiro’s comments suggest the stability of WWE’s core television products combined with innovative content and distribution expansions aimed at growing the brand globally[2][3][4].