WWE have announced that NXT will make its debut in South Korea after the company struck a lucrative television deal in the country.
Expanding its global reach, WWE have done business with IB Sports on a multi-year agreement, South Korea’s premier sports channel to air the black and gold brand on a weekly basis.
The channel already airs main roster WWE shows such as Monday Night Raw and Friday Night SmackDown as well as pay-per-view events for the company and this deal now ensures that every WWE brand other than NXT UK and 205 Live is available to the people of South Korea.
An official statement read:
WWE AND IB SPORTS EXPAND PARTNERSHIP IN SOUTH KOREA
SEOUL, South Korea and STAMFORD, Conn., December 11, 2020 – WWE (NYSE:WWE) and IB SPORTS today announced a new multi-year agreement to continue delivering WWE’s weekly flagship programming live and in Korean. In addition to airing Raw and SmackDown, IB SPORTS will now offer NXT as part of the expanded partnership, marking the first time it will be available in South Korea on broadcast television. IB SPORTS will also continue to offer all of WWE’s monthly pay-per-view events, including WrestleMania.
IB SPORTS airs Raw live at 10 am every Tuesday (replays Saturdays at 9 pm)and SmackDown live at 10 am on Saturdays (replays Wednesdays at 9 pm). Beginning Thursday, January 7, 2021, IB SPORTS will air NXT live at 10 am every Thursday (replay Mondays at 9 pm).
“We are glad to expand our long-term partnership with WWE and to continue offering the world’s best in sports entertainment programming,” said Jung Hwan Kim, IB Sports CEO. “IB SPORTS is excited to introduce NXT to fans across South Korea and looks forward to launching on January 7.”
“IB SPORTS is a valued partner that shares our vision and passion for engaging and entertaining our fans,” said Jay Li, WWE Vice President & General Manager, North Asia. “We are pleased to expand our partnership with the addition of NXT and look forward to continuing to provide WWE’s unique blend of action-packed, family-friendly entertainment throughout the country.”
IB SPORTS will also broadcast the latest seasons of Total Divas and WWE highlight shows AfterBurn and BottomLine throughout the week. All programs will be available with Korean voiceover commentary and on IB SPORTS’ TV Everywhere platform for authenticated subscribers, as well as its 14-day VOD catchup window.
WWE, a publicly traded company (NYSE: WWE), is an integrated media organization and recognized leader in global entertainment. The company consists of a portfolio of businesses that create and deliver original content 52 weeks a year to a global audience. WWE is committed to family friendly entertainment on its television programming, pay-per-view, digital media and publishing platforms. WWE’s TV-PG, family-friendly programming can be seen in more than 800 million homes worldwide in 28 languages. WWE Network, the first-ever 24/7 over-the-top premium network that includes all live pay-per-views, scheduled programming and a massive video-on-demand library, is currently available in more than 180 countries. The company is headquartered in Stamford, Conn., with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.
Additional information on WWE (NYSE: WWE) can be found at wwe.com and corporate.wwe.com. For information on our global activities, go to http://www.wwe.com/worldwide/.
About IB SPORTS
IB SPORTS is a company specialized in the operation/broadcasting of sports channels as well as the production of quality content.
IB SPORTS operates General Sports Channel IB SPORTS, Golf Channel Korea in cooperation with NBC Universal and classic movie channel World Classic Movie.
NXT will begin airing in the country on January 7, 2021 and the announcement comes months after the billion dollar giant re-negotiated their deal with Sony India to include their programming as well as developmental opportunities for athletes.