Yes according to the Observer and think that is including holiday episodes.
Quote:
In a number that you can basically throw out as not being indicative of much of anything, WWE Raw did set its all-time low mark last night doing 2.46 million viewers.
The rating itself, not yet in, is a virtual certainty to be the lowest in the history of the show, and lowest for any WWE wrestling television show ever on Monday night dating back to the Prime Time Wrestling era.
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Wouldn't be surprised if they hit it again or even a couple more times by the end of the year considering the downward trends for RAW.