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Endeavor Group Holdings and sports entertainment powerhouse WWE made things official on Monday, unveiling a definitive agreement to form a new, publicly listed company consisting of two “iconic, complementary” global sports and entertainment brands: UFC and WWE. Endeavor will hold a 51 percent controlling interest in the new company, with existing WWE shareholders owning a…
Forty-three years after Vince McMahon founded the company now known as the WWE, and 70 years after his father entered the professional wrestling business, the McMahon family appears ready to give up control of their empire, closing in on a multibillion deal to sell the WWE to Endeavor, The Hollywood Reporter has confirmed. Assuming the…
Lionsgate, Warner Bros. Discovery and Paramount Global were among the hit Hollywood stocks of the first quarter of 2023, shaking off investor concerns about such industry challenges as record cord-cutting, getting streaming businesses to profitability and economic clouds darkening the advertising outlook, as well as recent stock market volatility due to the collapse of banks….
Vince McMahon Is Back, But Is He a Heel for a WWE Sale? Former WWE CEO Vince McMahon’s stunning return to the company he founded has upended the wrestling giant’s fortunes. At McMahon’s prodding, WWE is now leading “a review of its strategic alternatives” as the wrestling giant finds itself grappling with uncertainty. The question…
WWE Stunner: Vince McMahon Says He Plans to Re-Join Board of Directors as Company Pursues Possible Sale Vince McMahon’s retirement from the WWE looks to have lasted all of six months. In a twist worthy of a Monday Night Raw storyline, the founder and former CEO of the wrestling giant is planning a comeback to…
“Subway Mania stages WWE tribute matches on the trains in NYC” A few months back, as the Manhattan-bound R train cruises past Forest Hills-67th Avenue at the tail end of the evening rush, wrestling greats Sting and Mankind entered the ring — make that, the second car from the last — to both puzzled stares and rousing…
“Vince McMahon’s alleged rape victim wants ex-WWE boss to pay $11.75M” A woman who alleges she was sexually assaulted by Vince McMahon in the back of a limousine nearly 40 years ago wants the former World Wrestling Entertainment CEO to pay nearly $12 million, according to a report. Rita Chatterton, 65, the first female referee…
“The top potential matches for ‘Stone Cold’ Steve Austin in WWE” The Post’s Joseph Staszewski brings you around the world of professional wrestling every Tuesday in his weekly column, the Post Match Angle. For the last week “Stone Cold” Steve Austin’s social media has been filled with him doing workouts in his RV, a parking…
“WWE fan ejected from live event after throwing drink at Scarlett” A fan was ejected from a WWE live event on Saturday night in Peoria, Ill., after throwing a drink at Scarlett, according to multiple people who attended the show. Matt Sheehan of WMBD-TV in Illinois said that security and police escorted the female fan…
“Barstool Sports’ Erika Nardini steps down from WWE board” Barstool Sports CEO Erika Nardini has stepped down from WWE’s board. WWE announced the news in an 8K filing with the SEC Friday afternoon. The company said that the news was related to Penn Entertainment acquiring the full stake of Barstool Sports, and that she “will…