Syfy Channel has pinned a deal for "SmackDown." World Wrestling Entertainment Inc's "SmackDown," which for years was a mainstay on the UPN and CW networks before moving to News Corp.'s My Network TV, is now headed to NBC Universal's Syfy Channel, people close to the situation said.
A deal, which will be announced later this week, further solidifies the growing relationship between NBC Universal and Vince McMahon's WWE. Syfy already carries the show "NXT". NBC Universal's USA cable channel carries "WWE Raw".
WWE is still looking to launch its own cable network, probably sometime in 2011. This latest deal with NBC Universal is another sign that the two could end up partnering on such a channel. WWE chief Vince McMahon has close relationships with NBC Universal brass, particularly Dick Ebersol, who oversees all sports programming for the company...More?
source: latimes.com

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