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Netflix buys rights to WWE Raw, other shows in live streaming push

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Netflix on Tuedsday said it will soon be home to the WWE’s most-watched wrestling show, as part of a multibillion-dollar deal that will throw the company into the ring of live sports. 

The streaming giant is acquiring the rights to WWE Raw in a $5 billion deal to be paid out over 10 years, as the wrestling group’s contract with Comcast nears its expiration, Bloomberg reported. The series will begin airing on Netflix in January and will be available to subscribers in North America and other international markets. WWE is part of TKO Group Holdings.

“Our partnership…dramatically expands the reach of WWE, and brings weekly live appointment viewing to Netflix,” TKO President and Chief Operating Officer Mark Shapiro said Wednesday in a statement. 

Under the deal, Netflix will also stream WWE specials such as Smackdown and NXT, in addition to hosting pay-per-view live events, such as Wrestlemania and Royal Rumble. Pay-per-view content will be available to Netflix subscribers at no extra charge.

Neither Netflix, nor TKO Group immediately replied to CBS MoneyWatch’s request for comment. 

Netflix is a comparatively late entrant to the arena of sports live streaming, trailing behind competitors such as Max and Peacock. Its push to build out its live sports offerings comes less than a year after the company aired its first live sports event, The Netflix Cup, a golf tournament in 2023. 

— This is a developing story and will be updated.



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7/3: CBS Evening News – CBS News

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7/3: CBS Evening News – CBS News


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Defiant Biden says he will stay in race; 2 Union soldiers receive posthumous Medal of Honor for daring Civil War train theft

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Boil water advisory issued for all of D.C., Arlington County due to algae blooms

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7/3: CBS Morning News

19:56

A boil water advisory was issued Wednesday night for the entire District of Columbia and neighboring Arlington County due to a spike in algae blooms in the Potomac River, officials said.

The District of Columbia Water and Sewer Authority said the advisory, which it described as “precautionary,” also included the Pentagon, Arlington National Cemetery and Reagan National Airport.

“We have no information that the water was contaminated by this incident, but we issue this advisory as a precaution while we test the water,” the agency said.

The Washington Aqueduct is sourced by the Potomac River and serves as the public water supply for about one million people in the D.C. area, Arlington County and other portions of Northern Virginia.

The U.S. Army Corps of Engineers said in a news release that the advisory stemmed from “elevated turbidity levels in the water supply caused by increases in algae blooms in the Potomac River.”

Turbidity is a measure of the clarity and cloudiness of water.  

“Customers may notice their water looks cloudy or hazy,” Arlington County said in a news release.

The Washington Aqueduct has two water treatment plants. The Army Corps of Engineers responded to the elevated turbidity by temporarily transferring all water treatment operations from the Dalecarlia plant to the McMillan plant, DC Water said.

The Environmental Protection Agency also authorized adding additional copper sulfate and sodium permanganate to the aqueduct’s reservoirs to combat the algae, the Army Corps of Engineers said.

Residents were advised to bring drinking water to a rolling boil for one minute before letting it cool. Water should then be stored in a covered container.

The advisory will remain in effect until further testing deems the water safe to drink. 



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7/3: The Daily Report with John Dickerson

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7/3: The Daily Report with John Dickerson – CBS News


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John Dickerson reports on the status of the Biden campaign amid calls for the former president to step aside, the takeaways from a meeting between Russian President Putin and Chinese President Xi, and a look at the holiday weekend travel rush.

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