UPDATED: FITE has denied any talks with WWE and ensures that they are “here to stay.”
No worries, FITE is here to stay! :)… and no, we are not in M&A discussions with WWE
— FITE (@FiteTV) August 9, 2019
WWE has its eyes set on acquiring streaming platform Fite TV according to a report put out by the Wrestling Observer Newsletter.
WWE has had recent interest in purchasing Fite TV to the point there are meetings upcoming regarding it. What that would mean isn’t clear, as could they just own it thinking it’s a good future business and have it run separately, or incorporate it into a higher tiered network.
Fite TV airs several combat sports, including Boxing, MMA, and Kickboxing. They also have deals with several wrestling promotions, including Ring of Honor, MLW, New Japan Pro Wrestling and AEW in international markets, as well as smaller promotions. If WWE were to acquire the service, it’s possible that the wrestling deals may be severed, dealing a huge blow to independent wrestling on all levels.
RELATED: FITE TV Announces New Partnership With New Japan Pro-Wrestling
