WWE allegedly gets $30 million from USA Network to air NXT every Wednesday night

Vince McMahon recently revealed revenue earned by  company in 2019 at a press conference. WWE chairman said that company earned more profit because of WWE live events. Though Vince McMahon briefly talked about WWE RAW and SmackDown revenues, he didn’t reveal how much company earns from WWE NXT.

Recently, while talking about WWE NXT on Wrestling Observer Radio, Dave Meltzer said that company is getting $30 million from USA Network to air NXT every Wednesday night. Dave Meltzer also revealed that company makes extra from events and meet and greets. He revealed that because of this profit, many WWE NXT superstars are getting a raise and signing new multi-year deals. Some say that WWE Chairman Vince McMahon is happy with WWE NXT's revenue and is thinking of expanding runtime of show. WWE RAW and SmackDown have a runtime of three hours. On or hand, WWE NXT runs for only two hours.  

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Vince McMahon reveals 2019 revenue of company

WWE recently held a press conference where chairman Vince McMahon and officials anunced 2019 revenue of company. Vince McMahon said that company reported a record-setting $960.4 million in revenue for 2019. It earned $322.8 million in its fourth quarter. According to WWE’s official website, fourth quarter of 2019 saw an 18% increase compared to fourth quarter of 2018. 

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Vince McMahon said that reason behind record-setting revenue is WWE's expansion to live programming. WWE live programmes gar diverse audiences across platforms and formats. Vince McMahon said that increase in WWE network subscription and overseas events have also helped company a lot.

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