In an update on the recent reports that WWE SmackDown Live is expected to move to FOX in late 2019 when their current deal with NBC Universal comes to an end, a report from Marisa Guthrie of The Hollywood Reporter has provided further information.

The report notes that NBC Universal was expecting to keep both WWE RAW and WWE SmackDown Live with a new ten-year deal worth $360 million, but that when FOX entered the picture and held a meeting with WWE, things suddenly changed and that the FOX deal is said to be worth $1.025 billion over 5 years as previously reported.

The aforementioned meeting was said to have included Peter Rice, CEO and Chairman of FOX Networks Group, FOX Sports Executives Eric Shanks, Larry Jones and Rupert Murdoch, CEO Lachlan Murdoch via phone, Stephanie McMahon, Triple H, WWE Co-Presidents George Barrios and Michelle Wilson and CAA’s Nick Khan and Alan Gold.

The report states that Rupert Murdoch insisted that NBC Universal were embarrassed by the WWE product and that FOX would fully embrace it with promos airing across all FOX programming every night of the week, with a studio show discussing the product on FOX Sports 1.

There has also been discussion of FOX offering WWE promo time during NFL pre-game shows, as well as a replay of SmackDown on FOX Sports 1, but neither has been confirmed as of writing.