WWE & X’s partnership for WWE Speed is two-year deal

WWE’s new partnership with X (formerly known as Twitter) is a multi-year deal.

During the company’s WrestleMania 40 press event on Thursday, WWE announced that a new series named WWE Speed will begin streaming on X in spring 2024. The series will feature matches with five-minute time limits.

The Hollywood Reporter notes that WWE and X’s agreement for the series is a two-year deal. New episodes will air every week exclusively on X.

Financial terms of the deal have not been disclosed.

The Hollywood Reporter wrote:

The WWE, meanwhile, has been dramatically reworking its rights deals since becoming TKO last year in its merger with Endeavor’s UFC. Most recently, Netflix inked a 10-year, $5 billion deal for Raw and the WWE’s international rights; SmackDown left Fox for USA Network (with some specials on NBC); and WWE NXT left USA for The CW.

WWE Speed, given its weekly cadence and short run time, is a smaller deal than those long-form programs, but it does suggest a willingness by the WWE to slice and slice rights and to look for new ways to add rights revenue since Endeavor acquired a controlling stake.

Last December, the WWE Speed concept debuted with a pilot that was taped before an episode of SmackDown. It included wrestlers from the main roster and NXT. Bronson Reed vs. Nathan Frazer and Cedric Alexander vs. Axiom were the matches that were filmed.