WRESTLEMANIA IN PHILADELPHIA
The city of Philadelphia wants to be in the Wrestlemania business. City officials have reportedly been in contact with WWE to gauge their interest in hosting the event in Pennsylvania some day. It looks like Vince McMahon is now gauging the interest of his fans, as the company has posted this Twitter message as a tease.
February 15, 2014
Roddy Piper recently did a one man show, and he took that opportunity to bash Vince McMahon. The WWE legend pointed out that his longtime employer has failed miserably as a concert promoter, bodybuilding promoter and football promoter. Piper went on to say that McMahon has only succeeded as a promoter in the business that his father handed to him.
August 25, 2014
When it comes to public relations, Vince McMahon is one of the best in the business. Knowing that investors have their eyes closely on the WWE Network, the CEO has made sure that the numbers are kept a secret. It is being reported that even some of the top level executives are being kept in the dark about how well the project is doing.
July 14, 2014
During a recent podcast interview between Steve Austin and Vince Russo, the topic of the Montreal Screwjob came up. Russo gave specific details about what went down between Vince McMahon, Bret Hart and Shawn Michaels. Austin then finished the discussion by stating that he had no prior knowledge of the incident going down, but that he thinks the decision by McMahon and Russo was the right one. The business had to be protected from Hart and Eric Bischoff.
July 3, 2014
Some more bad news for Vince McMahon. It has now been revealed that WWE has lost their television deal with NT1. The two companies have been doing business for approximately eight years now. NT1 has decided to drop WWE from their programming due to declining ratings. McMahon still has his deals with cable and satellite companies in France, but there are fears that those deals could be dropped as well.
June 14, 2014
In a brilliant move by Vince McMahon, WWE is now offering further assistance to former performers to help them transition to regular life. The company is offering up to $5000 a semester for college tuition. WWE is also giving free assistance with financial planning and debt management. The gesture should hopefully bring some positive publicity to the company that has been hit in the business department.
June 4, 2014
With the declining stock prices recently, there have been talks backstage in WWE of taking the company private again. However, that is highly unlikely to happen as Vince McMahon loves the fact that his company is now public. There is more of a prestige with that status. Plus, McMahon feels that being public lends some credibility to WWE in the business world.
May 26, 2014
Since all the important monthly shows have been moved to the WWE Network, Vince McMahon and company have decided that they will no longer use the term "pay per view". Instead, WWE will be calling them "special events". PPV buy rate is no longer a vital thing for the company because they can now tell investors that the business has shifted to the WWE Network.
April 11, 2014
"Vince doesn't go to ball games, golf, or any of that rich-guy stuff. He just works, and nobody works harder than him. He's always had that unrelenting work ethic, and I think a lot of it stems from his father. His father was such an iconic figure in the wrestling business. Vince idolized his father from afar, and he wanted to do anything he could to draw favor from his dad. When his dad reluctantly allowed Vince to get into the wrestling business, that overwhelming work ethic kicked in." - Jim Ross praising Vince McMahon
April 4, 2014
The latest episode of Total Divas was the most watched one since the series started last year. That has pleased E! enough to where they posted a press release, touting it as their second best show behind Keeping Up with the Kardashians. Vince McMahon is said to be completely behind the business relationship and is willing to devote more resources to promoting his girls.
April 2, 2014
While it does not appear that he is willing to sell his controlling shares in the company, there are those within WWE that are worried about Triple H being the guy to replace Vince McMahon, as many do not feel that the former world heavyweight champion has enough business experience to handle that side of the corporation. They're not concerned about his wrestling knowledge, however.
March 21, 2014
Since the game has been out for quite some time now, retailers are reducing the cost of WWE 2K14 down to $39.99. Sales should be assisted greatly by the added interest that Wrestlemania 30 is bringing. Vince McMahon is very adamant about this aspect of the business, as he feels that it draws in the younger viewers that he targets.
March 18, 2014
While a lot of fans are hoping that it does not happen, the possibility of Vince McMahon selling WWE still exists. Business analysts have been speculating on a variety of possible new owners, and there are even talks that McMahon could be persuaded to make the move if there was a way that he could still be in charge of the company.
March 17, 2014
Since he has grown to become quite vocal and outspoken towards the company, many fans are wondering if the relationship between Vince McMahon and Mick Foley has soured backstage. According to Foley, he is still doing business with WWE. He recently made an appearance at NHL game and is scheduled to do an NBA game for the company soon.
March 3, 2014
Vince McMahon is a pretty clever business man. Since he knew that many would sign up for the free trial of the WWE Network, he opted to only include a certain amount of footage on there. The intent was to just whet the appetite of fans and entice them to sign up for the six month commitment. WWE will be adding a lot more content after the free trial period ends.
March 1, 2014
Since they were launching the WWE Network, many were under the belief that WWE would be pulling their content from Netflix, in order to increase demand on their own service. However, it has now been revealed that Vince McMahon has no intentions of severing that business relationship, as Netflix has provided a stable source of revenue.
February 27, 2014
As many of you already now, Diamond Dallas Page has found a great deal of success after professional wrestling. His yoga program has been purchased by thousands of people worldwide, and the business has been thriving. The former world heavyweight champion has hired a new instructor in former ECW star Stevie Richards, who will be relocating to Atlanta to start his full time job soon.
November 20, 2014
There's been quite a bit of speculation this week about former divas returning to WWE. The latest name on the rumor mill is Maryse Ouellet. A big part of that is because the Miz mentioned the possibility on Twitter. There are those that believe that Maryse could be interested in a return, if it meant that she would get a spot on Total Divas. The exposure could help her business ventures exponentially.
November 18, 2014
Through Twitter, CM Punk revealed to his fans that has now been married to AJ Lee for exactly six months. He joked that people thought they were not going to last, so he wants them to pay up on the bet. AJ made a joke as well. The WWE Divas Champion noted how the two of them were buddies on screen not too long ago. Thus far, their marriage has not affected business relationships for either of them.
November 15, 2014
It looks the business relationship between Alberto Del Rio and WWE has finally come to a close, as both sides released statements today informing their fans of that. The belief is that a settlement agreement has been made backstage. Del Rio will more than likely never pursue legal action against the company for firing him, while WWE is allowing him to work for any promotion in the world that he wants to.
November 10, 2014
While TNA is having difficulties finding a new home for Impact Wrestling, Eric Bischoff is showing off his knack for getting television networks to give him air time. WGN has announced that they have ordered the first season of Outlaw Country, which is being produced by Bischoff and longtime business partner Jason Hervey. The show will be about the war between sets of brothers on different sides of the law in a Missouri town.
November 8, 2014
In a rather interesting bit of business news, the Honky Tonk Man has revealed that he owns the trademark to the Patriot gimmick, which was used in WCW and WWE. He stated that he has owned it since 2007, which means that Del Wilkes, who has continued to use the gimmick on the independent wrestling circuit over the years, could be legally forced to find a new character to portray.
November 1, 2014
While it seemed all but certain that Impact Wrestling was going to have a new home in 2015, reports are now surfacing that TNA and Spike TV are close to finalizing a deal to keep the business relationship going. Sources have stated that the two sides have been in negotiation the entire time, even as TNA was allowed to seek a contract with another television network. Dixie Carter was expected to make an announcement this week, but if there is a chance to remain with Spike, the reveal could be delayed.
November 1, 2014
If Jeff Jarrett wants Global Force Wrestling to do well right off the bat, then he's going to need some familiar faces on the show. Though he has been gone from WWE for quite some time now, John Morrison remains a familiar face with wrestling fans. The two of them are booked for a match against one another at an independent wrestling show on December 6, and Morrison has acknowledged that they will be discussing some business backstage.
October 22, 2014
Reports have surfaced that TNA will announce their new television deal before the end of October. It is being said that Dixie Carter has informed business partners that an announcement is coming soon, in hopes of alleviating some of the concerns that they currently have with Impact Wrestling. Still no word yet on which network the company will be signing on with, though.
October 17, 2014
When Justin Roberts was given his release from WWE after Monday Night Raw ended, there were a good amount of people who were upset with the company for dropping him unceremoniously. Overwhelmed by the support, the announcer went online and asked fans not to be angry. He stated that he was able to live out his dream for several years. Roberts was one of the more well liked guys backstage because of his passion and enthusiasm for the business.
October 15, 2014
While reports have surfaced that Kurt Angle has indeed been in negotiation with WWE on his final contract in the business, the former world heavyweight champion has not ruled out a potential return to TNA because the company is more than willing to give him the part time deal that he prefers. Angle has publicly stated that this will be his final contract as a wrestler, and he wants to try to gain more ground in Hollywood.
October 14, 2014
After doing a heel turn and joining the Bullet Club not too long ago, Jeff Jarrett returned to New Japan and continued the story line this week. The former world heavyweight champion crashed a press conference and declared himself as the Chairman of the Bullet Club. Jarrett has a business relationship with New Japan, so the story could transition over to Global Force Wrestling as well.
October 13, 2014
With Brock Lesnar taking the WWE championship home with him during his typical break from the business, Paul Heyman has been left hanging. The massively popular manager has been omitted from a couple of episodes of Monday Night Raw, including the latest one. Management simply cannot find something for him to do while Lesnar is not on television.
October 7, 2014
Looks like Jeff Jarrett has made a major stride in the formation of Global Force Wrestling. It has now been announced that the promotion will be doing a pay per view on January 4, 2015. Since he has a business relationship with New Japan, and they do their biggest pay per view event on that day, there are speculations that Jarrett could be promoting that show as a GFW branded event in the United States.
September 30, 2014
Wade Barrett hasn't been on television in quite some time now because he suffered a shoulder injury during a match with Jack Swagger. He was recently up in Toronto, so he sought the help of Trish Stratus, a former WWE diva who now runs a successful yoga business. Barrett stated that the workout session with Trish helped his shoulder feel a bit better.
September 27, 2014
During the meeting with Rey Mysterio last week, it was made very clear that Vince McMahon was in charge of the situation. He is the one that desperately wants the popular masked performer back in the ring, even though Mysterio has made it clear that he does not want to make a return. McMahon reportedly pushed the former world heavyweight champion to return on a full time schedule, even though Mysterio does not feel that his body can hold up for that.
November 13, 2014
Last night, subscribers of the WWE Network were heavily disappointed when the online service went down. Vince McMahon was said to be furious over the incident because the company cannot afford any bad publicity for the project, especially when it has failed to reach the subscribers count that they were hoping for. The situation has been resolved, and the company has made a public announcement and apology to its users.
November 13, 2014
Since his departure from WWE was so abrupt and controversial, many are under the impression that Alberto Del Rio has backstage heat towards Vince McMahon. The former world heavyweight champion actually revealed that he holds no grudges against McMahon. Del Rio stated that his former boss was always professional and courteous towards him. His issues with the company are with others in the front office.
November 10, 2014
Fans in England are not pleased with Vince McMahon this week. The heat towards the WWE CEO came after he announced at the last minute that the WWE Network launch in the country was going to be delayed. It got bad enough to where McMahon even taped an apology. That footage was shown at live events in England this week, and the fans booed when it was aired, signifying that they are not pleased with his decision.
November 8, 2014
Earlier in the week, Chael Sonnen caught the attention of the professional wrestling industry when he revealed that WWE had offered him a $5 million contract, which he claims to have turned down because he was dedicated to UFC at the time. However, sources within WWE are stating that the story is completely fabricated. Vince McMahon reportedly does not view Sonnen as someone worth that high amount of money.
November 6, 2014
With rumors swirling around about why the WWE Network launch was delayed in England, Vince McMahon took it upon himself to film a public apology to the fans in that country. It was essentially a generic message, where the CEO reminded fans of how important they are to his company. Conflicting reports have surfaced behind the reason for the delay, and Sky TV has denied that they are negotiating with WWE.
November 5, 2014
As many of you are already aware, Rey Mysterio was backstage last night at Monday Night Raw. He reportedly met with Vince McMahon about his future in WWE and his contract situation. No word yet on how that went, but the masked performer took a flight from Buffalo to San Diego this morning, meaning that he will not be working the Smackdown taping today in New York. He is also unlikely to head to England with the crew tomorrow as well.
November 4, 2014
When Vince McMahon announced at the very last minute that the WWE Network launch in England had been postponed, many wondered about the reasons behind it. Sources stated that the delay was so that WWE can continue to negotiate with Sky TV about airing their content. Representatives from Sky TV, though, have been telling people that there is no negotiations, and they do not plan on providing the WWE Network.
November 4, 2014
Fans in England are forced to wait a bit longer for the WWE Network, as the company announced at the last minute that there is yet another delay. Management posted a statement on Twitter about half an hour before the launch was to take place. Vince McMahon really wants the online service in the country, as they are one of his better markets. However, complications keep arising in that particular project.
November 3, 2014
While a lot of fans are under the assumption that there will be a huge number of international subscribers for the WWE Network, the latest financial reports tell an entirely different story. Over the last three months, the online service has picked up 31,000 more subscribers. Since 3,000 of those are domestic, that means that only 28,000 subscribers signed on from 170 different countries. It's a positive, but not nearly what was needed to get to the 1 million subscribers mark that Vince McMahon desperately wants.
October 31, 2014
In response to the lower than expected subscribers count, Vince McMahon has decided to give away the WWE Network for free to new subscribers. There will be no charge during the month of November. The move is being done to entice people to sign up on a more permanent basis, as the company knows that they really need to get to at least a million subscribers, in order to win back the trust of investors.
October 30, 2014
A good amount of investors have bailed on WWE after their much anticipated announcement today. Vince McMahon and company revealed that they only have 731,000 subscribers for the WWE Network, a number which falls way short of what they were aiming for. Since they were not able to break the 1 million mark, expect some changes to be made to the product. The project has been deemed a failure by many, and all eyes will now be on McMahon to see what he does to rectify the situation.
October 30, 2014
Anyone that has followed WWE for a couple of years already knows that things are pretty hectic from January through April. It looks like management is looking to alleviate some of the clutter by removing the Elimination Chamber pay per view. Vince McMahon still loves the gimmick, however, so the cage match might be moved towards the summer or fall.
October 26, 2014
Bad news for Vince McMahon today. He lost some more money, as WWE stocks was hit with quite the drop. The belief is that investors are jumping ship before quarterly results are announced at the end of October. Many are under the impression that the company will not reach their goal of breaking a million subscribers for the WWE Network. Another major drop could take place when the announcement is made.
October 22, 2014
Chalk up another victory for Vince McMahon and his quest to draw in a younger audience. The company has reached a deal with Nickelodeon. The network will start airing episodes of Slam City this week. For those that are not aware, it is a cartoon based on the WWE performers getting jobs outside of wrestling. It had previously been airing solely on the WWE Network, but it is now available on television.
October 21, 2014