NBC-Universal extend WWE agreement

Mutilchannel News broke the story that NBC-Universal and the WWE have extended their current TV contract by an additional two years, through 2010; the current deal only ran through 2008.

Although no Cartier watches were exchanged, the new contract does call for a higher payout to WWE for programming, above the current level of $31 million per year.

NBC-Universal airs WWE Monday Night Raw on the USA Network, as well as ECW broadcasts on the SciFi Channel; the agreement also means there will be more WWE Saturday Night’s Main Event specials on NBC periodically throughout the year, when Saturday Night Live would normally be broadcasting reruns.

The agreement keeps the lion’s share of WWE-branded programming on NBC-Universal venues; the exception is WWE Friday Night SmackDown, which airs on the CBS-Warner Brothers-owned CW Network.

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