WWE plunges as new TV deal with NBCUniversal announced

World Wrestling Entertainment (WWE_) shares fell after the company clinched an agreement with NBCUniversal to bring its popular wrestling shows, Raw and Smackdown, back to the NBC family. Raw goes back to the USA Network, while Smackdown will run on Syfy. In a press conference at NBC’s Upfront presentation, WWE executive Paul “Triple H” Levesque made the announcement, noting that both raw and Smackdown will be returning in a … Read more