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I feel like that transition really only benefits NWA. Seems like these lower effort channels love wrestling since it's cheap to produce and hands-off for them. Just a content machine.
Let's not sleep on the fact that old people are the most likely demographic to stick to watching local channels, so that could play in NWA's favor possibly.
I would be curious, it's funny to think Smackdown possibly drew similar numbers on The CW, UPN and MyNetwork TV back in the day to what they're doing nowadays on Fox. Honestly I wouldn't be surprised if it was higher :lol