WWE Sells, Netflix Pulls Back, and the Oscars' Bold Bid on Theaters
The Town with Matthew Belloni
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WWE's New Owner: Endeavour
Lukas: WWE has a new owner, assuming this deal goes through. Endeavour has purchased the WWE at a value of $9.3 billion with UFC as its partner. Lukas: I always thought it made the most sense to go to Endeavour because they are very good at exploiting these kinds of rights. "WWE makes sense and they did it in a transaction that makes sense for them financially"
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