While some fans are emotionally acting out against WWE for being so quick to fire Hulk Hogan, Eric Bischoff, who happens to be a good friend of Hogan, defended Vince McMahon for his decision. He mentioned that a publicly traded company has to be sensitive towards their fans, investors, advertisers, board members, mainstream media and others. It was a necessary move to make.
July 30, 2015
During a recent interview with Jason Hervey, some details were revealed about the time that Eric Bischoff tried to purchase WCW. Contrary to popular beliefs, Vince McMahon did not end up buying the rights to the promotion because he won a bidding war. McMahon simply ended up with the deal because Bischoff and Fusient Media backed off once the network stated there would be no time slot for wrestling. Bischoff had investors already lined up.
February 24, 2015