TKO Group has released its report on its First Quarter 2025 results, noting the revenue increases for both UFC and WWE.
Revenue for the latter saw an increase of 24 percent ($74.8 million) compared to Q1 2024, totaling $391.5 million with a $30.5 million increase in media rights, production, and content revenue stemming largely from the impact of WWE’s global content distribution agreement with Netflix.
Netflix is the international home for Raw, SmackDown, NXT, and premium live events, with the streaming platform broadcasting Raw in the United States.
WWE’s most recent domestic media rights deals, meanwhile, see SmackDown, NXT, and PLEs airing on USA Network, The CW, and Peacock respectively.
The earnings report comes after a number of corporate and talent releases were made from WWE last week.