Drew Angerer | Getty Photos Amazon might probably tag-team with the world's greatest wrestling model to realize a bonus within the streaming wars,
Drew Angerer | Getty Photos
Amazon might probably tag-team with the world’s greatest wrestling model to realize a bonus within the streaming wars, in accordance with a Needham.
Not solely might the Jeff Bezos-led tech retail juggernaut purchase the streaming rights to World Wrestling Entertainment content material, but it surely additionally might probably purchase the entire firm someday, Needham analyst Laura Martin stated.
“We consider that such a licensing deal would put AMZN in one of the best spot to buy all of WWE, at any time when the household is able to exit,” Martin stated. “Vince McMahon is at present 74 years previous, happening 50.”
WWE’s over-the-top streaming platform can be enticing to Amazon or different streaming providers as a result of it brings in a loyal fanbase, not like new reveals the businesses are growing,
“WWE’s stay programming is extremely differentiated and its Uncooked, Smackdown and NXT manufacturers are value greater than being any certainly one of 500 sequence that don’t have any builtin viewers or model,” Martin stated.
McMahon, WWE’s CEO, stated on an earnings name earlier this week that there was curiosity within the rights to wrestling programming from main streaming corporations. WWE at present has its personal streaming service, which incorporates all of its pay-per-view occasions and different content material.
Martin, who has a purchase score on the inventory, stated one state of affairs for WWE is for Amazon to purchase the licensing and streaming rights for the…