WWE Raw is heading to Netflix from 2025.
Roman Reigns will feature on Netflix from 2025
The wrestling promotion has struck a deal with the streaming giant that will see the popular weekly live show air exclusively on Netflix from January next year.
The deal marks the first time that Raw will not air new episodes on a broadcast television network in its 31-year history.
Viewers outside the United States will be able to watch weekly WWE shows and live events on the streamer – including pay-per-view specials such as WrestleMania, SummerSlam and Royal Rumble.
WWE says that the deal will affect fans in the US, Canada, UK and Latin America first before being expanded to other territories later on.
The deal is valued at $500 million per year for 10 years with the streamer having the option to opt out after five years as well as to extend for a further decade.
Netflix chief content officer Bela Bajaria said: "We are excited to have WWE Raw, with its huge and passionate multigenerational fan base, on Netflix.
"By combining our reach, recommendations and fandom with WWE, we'll be able to deliver more joy and value for their audiences and our members. Raw is the best of sports entertainment, blending great characters and storytelling with live action 52 weeks a year and we're thrilled to be in this long-term partnership with WWE."
WWE president Nick Khan said: "In its relatively short history, Netflix has engineered a phenomenal track record for storytelling.
"We believe Netflix, as one of the world's leading entertainment brands, is the ideal long-term home for Raw's live, loyal and ever-growing fan base."
WWE's current deal with NBCUniversal means Raw will air on USA Network until October, although where the programme will be shown between the end of that deal and the beginning of the Netflix agreement is still to be determined.