The WWE issued the following press release on February 7th:
“After a successful decade of SmackDown on both UPN and The CW, World Wrestling Entertainment and The CW have agreed to conclude our partnership. Since CW’s exclusive negotiation period ran out as of last Thursday, January 31, we have been contacted and have been in negotiations with other networks. WWE SmackDown will continue to air on The CW until the conclusion of the 2007-08 broadcast season. We are grateful to Les Moonves, Dawn Ostroff, and their entire organization for bringing WWE SmackDown to millions of viewers for so many years.”