WWE and the Fox Network are about to enter into a very big deal come October. This arrangement will see the Fox Network attain SmackDown Live for the next five years to the tune of just over $1 billion.
Fox has since said that their plan for SmackDown Live getting a coveted Friday night spot on their main network is a “short term” plan. This is much different than what we previously heard. However, SmackDown’s ratings are not high at all and they are currently lower than what Fox has on Friday nights.
The inner workings of the television industry can get very tricky. In Fox Sports case, a lot of the decision to bring in WWE has to do with Disney’s purchase of Fox. The also needed something to fill the void left by the UFC when they went to ESPN.
Disney buying Fox’s properties will see a change in the network’s presentation.
Their plan is to focus on live sporting events which WWE can provide. Therefore, purchasing WWE SmackDown Live fell into Fox’s new mission statement as set forth by Disney.
The Disney company is changing a lot about the Fox Network and SmackDown Live fits perfectly into the new corporate vision for the network.
Only time will tell how long the Fox Network will actually keep SmackDown Live on Friday Nights, but if WWE can pull the ratings up then they have a much better chance of holding that spot.
Thanks Ringside News for the quotes