WWE LOSES TV DEAL IN FRANCE
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
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
For those that do not keep up with him outside of WWE, Paul Heyman actually has a ton of things going on in his professional life. In fact, things have picked up so much that he has now moved to Los Angeles to be closer to his business ventures. It has now been revealed that he is renting a house out there. Heyman should still be able to continue working with WWE.
August 26, 2014
Pretty soon, Antarctica might become the only continent where Jeff Jarrett does not have a business deal for Global Force Wrestling. It has now been revealed that he has secured deals in Australia and New Zealand. Jarrett has signed contracts with promotions in Perth, Adelaide, Sydney and Auckland. The belief is that the former world heavyweight champion is not done securing deals yet.
August 26, 2014
During a recent video interview with Supertraining Gym in Sacramento, John Cena was asked about a potential heel turn, something that fans have been speculating about for years online. The former WWE champion flat out stated that it will never happen. Cena said that he had it in him to make it work, but management will never pull the trigger on such a move because it does not make sense for business.
August 24, 2014
In a sign of how much power he has gained backstage, Bully Ray was recently put in charge of a talent meeting to explain to the performers that TNA was still going to remain in business. The former world heavyweight champion has been given access to details of the negotiations that the company has undertaken with the various television networks.
August 17, 2014
In another sign that he is moving closer to a full jump to Hollywood, Batista recently discussed his wishes for a retirement match. The former WWE champion would like to do another big match at Wrestlemania against Triple H, who he feels is still the best worker in the business. Management might be willing to do that at Wrestlemania 31 to capitalize on his name value being increased because of Guardians of the Galaxy.
August 15, 2014
There's a little battle brewing right now between two of the greatest WWE stars of all time. Recently, Steve Austin stated that he was the best draw that the business has ever seen. When asked about the statement, Hulk Hogan argued that he was the best by stating that his career was twice as long as the one Austin had. This does not appear to be a promotional thing since the two of them will not be doing a match together.
August 15, 2014
Rumors are spreading that Alberto Del Rio could possibly become one of the bigger names to sign with Jeff Jarrett and Global Force Wrestling. The speculation is due to the fact that the two of them will both be at TripleMania this weekend. Jarrett has a business relationship with AAA and will be wrestling at the pay per view, while Del Rio, fresh off of a controversial release from WWE, will be making an appearance.
August 12, 2014
For the longest time, WWE fans wanted to see Drew McIntyre winning championships in the company. That didn't happen often enough, and he ended up on the receiving end of a release from his contract. The former 3MB member has found a renewed sense of passion for the business. In addition to being rewarded with the Evolve championship, which he won from Kassius Ohno, McIntyre has been receiving praise from fans for some of intense promos that he has been cutting.
August 9, 2014
Back in May, Jesse Sorensen, who gained a bit of notoriety whenever TNA released him from his front office job after he severely injured his neck while working for the company as a wrestler, suffered a broken foot. Doctors had to insert 4 plates and 13 screws into his ankle. Sorensen revealed that he is now able to start working out that leg again, but he has not revealed any details about his future in the business.
August 9, 2014
Based on what she has accomplished, Vickie Guerrero has inspired several of the performers backstage in WWE. She was able to leave the business and start a new career. Guerrero went to college while working on the road for WWE. A lot of performers have long been worried if it would be possible for them to leave the road and settle into a new life.
August 8, 2014
When rumors swirl that a company is going out of business, the employees are left wondering their fate. Dixie Carter knew that she needed to eventually address the roster and let them know about the status of their contract negotiations with Spike TV to remain on television. It is being said that the TNA stars were in a much more upbeat mood after being reassured that progress was being made.
August 7, 2014
While rumors of their demise are swirling rapidly around the promotion, TNA has opted to continue with business. Dixie Carter has announced that the company has signed Chris Melendez to a multiple year contract. The Purple Heart award recipient only has one leg because of injuries suffered while serving the country in Afghanistan. The move should bring about some positive press for TNA.
July 30, 2014
While a lot of fans bashed TNA for paying big bucks to Hulk Hogan over the years, his true value is coming out as Dixie Carter is having some trouble trying to secure a new television deal for Impact Wrestling. Hogan's name value helped open a lot of doors in business for the company, and his absence has made it a bit harder to sell networks on their product.
July 29, 2014
Rumors are floating around right now that Chris Jericho is done with WWE after he finishes up his feud with Bray Wyatt. The return was designed to be a short term thing, as the former undisputed champion still has other business ventures that he wants to focus on. There are talks that Jericho could be convinced to stick around in WWE a bit longer if an interesting program can be created for him.
July 28, 2014
Earlier in the month, Steve Austin made a comment about WWE being too scripted for his taste. While those comments would surely bring backstage heat on one of their mid card performers, it is being said that there is absolutely no heat towards Austin, as management knows that they might need him for business down the line.
July 28, 2014
While there are some concerns backstage about going up against the NFL, the move to Thursday for Smackdown is being viewed as a good thing for WWE. Vince McMahon and company been wanting to make the switch for quite some time now, as Friday nights are really difficult to draw because a lot of their targeted demographics is out of the house.
August 30, 2014
Those that watched Monday Night Raw last week saw John Cena being booked dominantly against Bray Wyatt, Luke Harper and Erick Rowan. It has now been revealed that Vince McMahon was the person behind all of that. Someone backstage had informed McMahon that a lot of WWE fans were mocking Cena for being dominated, so McMahon has decided to build Cena back up again.
August 28, 2014
There's been rumors floating around for quite some time now that WWE has lost interest in pushing Adam Rose because several key members of management, including Vince McMahon himself, are reportedly not fans of the character. It has now been noted that Rose has not had a match on Monday Night Raw in about a month, which leads many to believe that the rumors are indeed true.
August 24, 2014
After weeks of speculation, it has now been confirmed that WWE will indeed be moving Smackdown from Friday to Thursday. Rumors popped up a couple of weeks ago because a picture of a production truck showed the new day. SyFy has now confirmed the switch. The move puts WWE head to head with the NFL, which is a move that Vince McMahon will be heavily scrutinized for.
August 24, 2014
When WWE announced that they were moving Summerslam 2015 from Los Angeles to New York, the company did not reveal the actual location of the pay per view. There are rumors floating around now that Vince McMahon may try to do the event at the massive MetLife Stadium that was the host of Wrestlemania 29. It's quite the risky endeavor, so the belief is that WWE will eventually end up choosing the Barclays Center or the IZOD Center instead.
August 21, 2014
When Rey Mysterio decided to make a video appearance at TripleMania for AAA, the belief was that he was doing it as a shot at WWE. Rumors have surfaced that he is quite upset with the company in regards to his contract situation. Reports are now surfacing that Mysterio had a handshake agreement with Triple H that would have enabled him to walk away from the company. However, Vince McMahon reportedly decided to overrule that and force to remain under contract to WWE for another year.
August 20, 2014
There are rumors floating around right now that Vince McMahon is not interested in seeing Kurt Angle making a return to WWE. However, that appears to just be speculation. While management has been trying to cut back on spending, the belief is that they would open the check book for Angle since he is a superb performer who can draw in a good amount of fans.
August 18, 2014
Reports are surfacing that there is some backstage heat between Vince McMahon and Triple H at the moment over the main event of Wrestlemania 31. McMahon wants Brock Lesnar to defend the title against the Rock, as he feels that those two guys would produce the biggest draw of a match for WWE. HHH, however, wants the company to elevate Roman Reigns by having him challenge Lesnar.
August 18, 2014
During an interview with Primera Noticias, Alberto Del Rio revealed some details about his release from WWE. He stated that while Vince McMahon did admonish him, he was also told to go back to work. Del Rio found out the following day that he was then given a suspension. Shortly afterwards, Triple H called and told him that he was being fired instead of just suspended.
August 18, 2014
Over the last couple of years, Summerslam has grown to become a tradition in Los Angeles. Last night, however, WWE announced that the tradition is going to be broken. Summerslam 2015 will be held in the New York area. No official word yet on why Vince McMahon called for the change. The venue has not been announced yet, but rumors are floating around that McMahon wanted something more than the Staples Center.
August 18, 2014
When Vince McMahon decided to take the WWE Network north of the border, they decided to partner up with Rogers Communications. That led to a lot of upset fans because the full online service was not being made available in that country. Rogers has now announced that they are working on a plan to bring the full WWE Network experience to their customers in the near future.
August 17, 2014
While the company was hoping that the legendary masked performer would make an appearance at TripleMania on Sunday, AAA is reportedly backing away from Rey Mysterio. The promotion does not want to be involved in a contract tampering lawsuit with WWE. As of right now, there is a bit of a dispute between Mysterio and Vince McMahon on their deal. Until that is cleared, AAA will not be contacting Mysterio.
August 16, 2014
Apparently, there is a deal in place where the wrestlers are supposed to receive a portion of the money made from the WWE Network. No word yet on how big of a percentage that Vince McMahon is giving out. Unfortunately for the performers, though, no money is being paid out right now because the online service is losing a ton of money and forcing the company to release employees left and right.
August 15, 2014
Rumors have surfaced that Vince McMahon and company have given up on Bo Dallas. They do not view him as someone that will be a major asset to WWE. With his push being derailed on television, these rumors appear to lean closer to fact than fiction. Dallas had his push taken away almost immediately the last time he was on the main roster, so there are those that believe that this might be his final chance.
August 15, 2014
Alberto Del Rio might not be the only familiar WWE face to make an appearance at TripleMania this upcoming Sunday night. Word has it that Rey Mysterio has accepted the invitation from AAA to be at the biggest wrestling pay per view in Mexico this weekend. If the masked performer shows up, then that means that his contract issues with Vince McMahon are still lingering.
August 14, 2014