In a storyline worthy of the finest pro wrestling angles, the McMahon family’s nearly complete control of WWE is coming to an end after seven decades. That is not to say there will no one within the McMahon family at the helm of the sports entertainment juggernaut. With the announcement…
Vince Mcmahon
Endeavor Group Holdings and World Wrestling Entertainment said Monday that they had signed a definitive agreement to form a new, publicly listed company consisting of two complementary, global sports and entertainment brands: UFC and WWE. The deal was reported to be close over the weekend by financial media CNBC and…
World Wrestling Entertainment Inc. (WWE) is nearing a deal to be acquired by Endeavor Group Holdings Inc. CNBC and Bloomberg were first to report on the ongoing acquisition deal. The report states that “no final decision has been made” and that negotiations could potentially fall through. The talks coincide as…
Vince McMahon has paid WWE $17.4 million for costs the wrestling entertainment company incurred in investigating misconduct allegations against the exec. McMahon, WWE’s executive chairman and controlling shareholder, returned to the company in January after he “retired” from the company last year. WWE’s board had formed a special committee to…
No WWE star has ever been nominated for an Emmy Award for their work within the company, but Paul Heyman wants to change that with Roman Reigns. Heyman has been working with Reigns as his “special counsel” (and now “wise man”) since Reigns debuted his Tribal Chief persona back in…