WWE contracts Elon Musk wife to webcast five-minute "speed" contests

WWE contracts Elon Musk wife to webcast five-minute "speed" contests

Elon Musk's social media platform X is getting more entertainment content. It will broadcast material from NBCUniversal during the 2024 Paris Olympics in addition to exclusive Fox content from the FIFA World Cup. Wrestling is predicted to raise the topic of X in contrast to other sports.

According to reports, Elon Musk's social media platform X, previously known as Twitter, has agreed to a two-year contract with WWE for the creation of a new, weekly exclusive video series. The Hollywood Reporter has reported that timed contests lasting no more than five minutes would be a staple of the new WWE Speed format.

According to the source, WWE Superstars from the entire roster will appear in the live-tape series, which is scheduled to premiere this spring.

Matches from previous WWE programs won't be reused, and the material will be unique. 52 weeks a year, new episodes of WWE Speed will air.

For X, how significant is this deal?

The article claims that this agreement represents a significant advancement for X in the entertainment industry. The firm, controlled by Musk, signed a 10-show agreement with Range Media Partners last month. Among others, former CNN anchor Don Lemon, sports radio broadcaster Jim Rome, and former congresswoman Tulsi Gabbard have secured agreements to host new series on the microblogging platform.

Additionally, Fox-only entertainment was aired on X during the FIFA World Cup last year. The portal will broadcast select NBCUniversal material in 2024 in preparation for the 2024 Summer Olympics in Paris. It's anticipated that sports, particularly wrestling, will spark a lot of discussion on X.

WWE is developing its streaming capabilities.

WWE Endeavor became TKO after merging with the UFC in 2023. The business has been restructuring its rights arrangements ever since the merger. Netflix just agreed to pay $5 billion over ten years for the worldwide rights to WWE and Raw. WWE NXT departed USA for The CW, while WWE SmackDown departed Fox for USA Network (with select specials airing on NBC).

Given its weekly schedule and brief duration, WWE Speed may not be as significant as the previously listed long-term initiatives. But this agreement with X implies that WWE intends to sell off its streaming rights. The business has also been exploring for fresh approaches to boost rights income since the merger.