“Are you joining Netflix to watch this?” Is professional wrestling that great?

That’s right. People may not even know what kind of wrestling it is these days. However, until at least the early 2000s, it was hugely popular not only in Korea but also around the world.

On the day of major professional wrestling matches, people gathered in front of the TV to watch the games together, and it was popular to imitate various professional wrestling techniques. Thanks to its popularity, there were even a number of movies featuring professional wrestlers as the main characters.

With the OTT industry scrambling to enter the sports broadcasting market recently, the industry’s attention is focused on the fact that Netflix’s choice is none other than professional wrestling. 토토사이트 순위

Experts say that professional wrestling will be competitive in that it is close to entertainment, not sports, and that it is already proven popular content in Korea. This is why Netflix invested astronomical costs.

According to the World Wrestling Entertainment (WWE), Netflix recently won exclusive broadcast rights to RAW, the popular WWE program. RAW is a professional wrestling TV program produced by WWE that airs live on Mondays.

With exclusive broadcasting rights for the next 10 years from January 2025, Netflix is expected to pay more than $5 billion (about 6.7 trillion won).

Currently, RAW is exclusively broadcasted by the USA Network under NBCUniversal. It is known that the company pays 1.3 billion U.S. dollars to WWE every five years. In other words, Netflix has decided to invest twice as much money. It is an unprecedented move in many ways.

The huge investment by Netflix shows that the company saw huge potential of pro wrestling contents. Currently, more than 2 million Americans are watching RAW on TV on average. It is said that it will exclusively broadcast “SmackDown,” another popular TV show.

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