LUCHA UNDERGROUND: iTunes is pushing the first season pretty hard, putting it on the front page of the movie section. The first week was very successful. From what we’re told, the deal they have, which is about a 40 percent revenue split with iTunes, can make the company some money but it’s not a savior and it’s probably a short-term deal. A deal is very close to selling season one to Netflix, and if that deal happens, it makes the iTunes deal obsolete because why would people pay a few dollars for an episode or a higher figure for the full season when they can just get it for a Netflix subscription? The idea as it stands right now is if the deal happens, the Netflix deal will only be for the first season and iTunes would still get the second season
The third season starts taping on 3/19 and after that, they will move everything out and there won’t be anything more until early 2017. Once again, they will have to either raise money to film a fourth season or get new television deals to help pay for the filming of the fourth season. But this buys them a lot of time to do so, but it also will leave talent with no work for months and give WWE the chance to try and cherry pick the top guys, some of which they are already interested in. There are contracts involved, so that does become tricky