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As noted earlier, WWE will launch NXT Europe in 2023 and NXT UK will go on a "brief hiatus." WWE issued the following press release:

WWE® TO LAUNCH NXT® EUROPE IN 2023

STAMFORD, Conn., August 18, 2022 – WWE® (NYSE: WWE) today announced that the NXT brand will grow internationally with the creation of an all-new NXT Europe, with the launch planned for 2023.

“Following the success of our live events and talent identification efforts throughout all of Europe, we believe this is the perfect time to expand NXT beyond the UK,” said Shawn Michaels, WWE Vice President of Talent Development Creative.

Launched in 2016, NXT UK has received critical acclaim and developed WWE main roster talent such as Rhea Ripley, Doudrop, Gunther and Butch. NXT Europe will reimagine the brand and its talent pipeline with a Pan European focus.

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Prior to the debut of NXT Europe, Worlds Collide, a premium live event featuring NXT and NXT UK Superstars, will be presented live on Sunday, September 4 at 4 p.m. ET on Peacock in the United States and WWE Network everywhere else.