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Netflix Pays $5 Billion for 'Raw' in Bet on Live Events

(Bloomberg) Netflix Inc. has acquired the exclusive rights to Raw as well as other programming from World Wrestling Entertainment, marking the video service’s first big move into live events.Most Read from BloombergApple Dials Back Car’s Self-Driving Features and Delays Launch to 2028China Weighs Stock Market Rescue Package Backed by $278 BillionTurkey Approves Sweden NATO Bid, Leaving Hungary as HoldoutAn Isolated Israel Doubles Down on War in Gaza — At All CostsChina’s Bold Stock-Market Res ....

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