ST Alpha - "Let's be clear. The company only got $200 million annually for Peacock, and it's a net of only $90 million." (Reading a Post)

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In response to "Now THAT I can see. It would have to be a deal like that. But he did just get that Peacock money for 5 years. Does NBC/Universal" by Remlik

Let's be clear. The company only got $200 million annually for Peacock, and it's a net of only $90 million.

Posted by David, Horny New Guy (aka David) Jun 2 '21, 10:45

They got Peacock movie while ceding all revenue (and operating expenses) from the WWE Network. That streaming service got swallowed.

I do think a hedge fund will take a long look at WWE in the $5 billion range.

They actually need to act fast in case their return to the road proves disappointing, which it very well might.

Responses:

I think they are going to be in a for a rude awakening in terms of live shows...the amount of concerts and 'real' sporting events - Remlik Jun 2, 10:57 1
- AEW as well better stick to 1 live show in the under 10K seaters for now as well -- nm - Remlik Jun 2, 10:58

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Let's be clear. The company only got $200 million annually for Peacock, and it's a net of only $90 million.

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