WWE Sees Opportunity in Media Rights Negotiations Amidst Hollywood Writers and Actors Strike
WWE finds itself in a favorable position for its upcoming media rights negotiations for Raw and SmackDown as Hollywood grapples with an ongoing writers and actors strike.
The SAG-AFTRA recently joined forces with the Writers Guild of America on the picket line, intensifying negotiations for better pay between the two sides and the studios.
In a candid interview with TMZ Sports, a WWE representative expressed support for the striking writers and actors while also anticipating a potential boost of interest from casual fans during this time. This positive development aligns with WWE’s already thriving business, evident across the board in ratings, attendance, merchandise, and revenue.
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As the labor dispute continues in Hollywood, WWE remains optimistic about capitalizing on the current situation to strike advantageous media rights deals. The wrestling world eagerly awaits the outcome, as industry experts speculate on the potential impact of this unique convergence of events.