Report: Comcast Expresses Interest In Buying WWE

Comcast want to buy WWE

Comcast can be added to the list of organisations interested in purchasing WWE.

According to Dave Meltzer of the Wrestling Observer Newsletter, Comcast - the parent company of NBCUniversal - have expressed interest in buying WWE. The two companies are already closely linked as Monday Night Raw airs on the USA Network, while all WWE Network content in the United States airs on Peacock, Comcast's streaming service. According to Meltzer, Comcast are already paying WWE close to $500 million per year for those broadcast rights. 

Comcast would be able to purchase WWE, with the company estimated to be worth $164 billion. WWE are reportedly hoping to receive $8.5 billion for the organisation but analysts estimate a sale would cost the buyer between $7.4 billion and $8.2 billion. 

The media conglomerate aren't the only organisation interested in buying WWE, though. While reports of an agreement in principle appear to have been premature, the Saudi Arabia Public Investment Fund are a suitor for WWE, although they are not currently considered the favourite within WWE, Meltzer claimed. Netflix are also believed to be interested, while Nick Khan met with Disney CEO Bob Iger and ESPN President James Pitaro this week. Another confirmed suitor is Endeavor, the parent company of UFC. 

A deal that is considered unlikely to go through, though, is All Elite Wrestling's interest in a merger with WWE, due to Vince McMahon's ego. 

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Aidan Gibbons

Written by Aidan Gibbons

Editor-in-Chief of Twitter: @theaidangibbons