WWE Competitor Lucha Underground Reportedly Negotiating Netflix Deal

Upstart World Wrestling Entertainment, Inc. WWE 4.42% competitor Lucha Underground is reportedly in talks with Netflix, Inc. NFLX 1.06% to bring at least one season of content to the streaming service. Lucha Underground premiered its first season of professional wrestling programming in late 2014.

Weekly episodes of Lucha Underground air in English on the El Rey Network and in Spanish on UniMas.

According to Wrestling Inc, Lucha Underground Executive Producer Chris DeJoseph has confirmed that the company has been in talks with Netflix.

Lucha Underground has recently become available for purchase on Apple Inc. AAPL 0.01%’s iTunes for the first time, but El Rey is currently only available in about 40 million homes. WWE’s weekly shows Raw and Smackdown air on the popular USA Network, which reaches a significantly higher number of viewers.

Despite the relatively small potential of El Rey audience, Lucha Underground has regularly drawn…

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