Longest Running Triple H Fansite
Since 2006
Showing posts with label Wrestling News. Show all posts
Showing posts with label Wrestling News. Show all posts

March 11, 2024

Muhammad Ali to Be Inducted Into WWE Hall of Fame Class of 2024




Muhammad Ali will be inducted into the WWE Hall of Fame Class of 2024, Variety has learned exclusively.

Ali will be inducted during the Hall of Fame ceremony taking place on April 5 at the Wells Fargo Center in Philadelphia, Pennsylvania. He will be inducted by his widow, Lonnie Ali. The ceremony will be livestreamed on Peacock beginning at 10 p.m. ET/9 p.m. CT.

Ali dabbled in professional wrestling at different times in his career. He famously fought an exhibition match against Japanese pro wrestling legend Antonio Inoki in Tokyo in 1976. In the leadup to that matchup, he appeared at a WWWF (now WWE) show, where he entered the ring and challenged Gorilla Monsoon. Ali would go on to appear as a special guest referee for the main event of WrestleMania I in 1985, which saw Hulk Hogan and Mr. T face off against Roddy Piper and Paul Orndorff. Ali also appeared as the guest of honor at the infamous “Collision in Korea” pay-per-view event held in North Korea in 1995.

Widely considered to be one of the best, if not the best, boxers of all time, Ali won an Olympic gold medal for the United States in boxing in 1960 and went on to become the undisputed world heavyweight champion. He holds notable wins over opponents such as Sonny Liston, Ken Norton, Joe Frazier, and George Foreman among many others. His final professional boxing match came in 1981. He finished his career with 56 wins, 5 losses, with 37 knockouts.

He was also noted for his social activism, including refusing to be drafted into the U.S. Army during the Vietnam War. His refusal led to him being stripped of his heavyweight championships and being largely forced out of boxing for years.

He passed away in 2016 at the age of 74.

source:  varity.com

March 10, 2024

WWE Sells Ring Mat Sponsorship for First Time in ‘Record-Setting’ Pact With Logan Paul’s Prime Sports Drink

On Friday, WWE announced a “record-setting” pact with Logan Paul and KSI’s Prime Hydration beverage brand to become the wrestling entertainment company’s exclusive “official hydration drink partner” and the first partner to ever appear on the center of the WWE ring.


With the deal, WWE is following the playbook of UFC, now its corporate cousin under TKO Group formed last year in a merger engineered by UFC owner Endeavor. Earlier this year, TKO brought together the global partnerships teams at UFC and WWE to form “a singular global partnerships unit with a unified sponsorship strategy,” the company said. 

WWE’s new deal with Prime comes after UFC in January 2023 struck an exclusive global partnership with the drink brand. Paul, a digital influencer and wrestling pro, also has a talent deal to appear in WWE’s SmackDown. 

Terms of the WWE-Prime sponsorship deal weren’t disclosed. WWE said Prime Hydration will receive “unprecedented exposure and integration” including on center-mat branding at premium live events including WrestleMania and Money in the Bank along with “key brand placement” within WWE events including WrestleMania XL and Survivor Series, match sponsorships, co-presenter designations and product activations at future live events, and social support from WWE Superstars across retail and digital activations.

“What Logan and his team have built in a short time is phenomenal and we’re excited to help showcase Prime Hydration across our biggest events,” WWE chief content officer Paul “Triple H” Levesque said.

Paul commented, “Combining two of my greatest achievements into one knockout partnership is a dream come true. We’ve worked incredibly hard at Prime to build a brand that disrupts the beverage industry and it’s time to join forces with the global leader in sports entertainment.” Paul co-founded Prime in 2022 with KSI, the British YouTuber, rapper, boxer and entrepreneur. 

In January, TKO announced 10-year deal with Netflix for WWE’s “Monday Night Raw” that delivers a significant step-up in fees for the franchise. TKO’s deal WWE “Raw” deal with Netflix ;has an initial 10-year term for an aggregate rights fee of more than $5 billion, or $500 million annually. That’s up from WWE’s current five-year deal for “Raw” with NBCUniversal, said to be worth approximately $250 million-$260 million per year. Netflix has the option to extend the pact for an additional 10 years or to opt out after five years.

source: variety.com

February 2, 2024

Federal Prosecutors Investigate Vince McMahon Sex-Trafficking Allegations

WWE co-founder Vince McMahon is under federal investigation over the allegations of sexual assault and sex trafficking against him, according to a report

Prosecutors in New York have been in touch with alleged victims of McMahon, people familiar with the investigation told the Wall Street Journal.

McMahon resigned last week from the WWE after former employee Janel Grant filed a lawsuit accusing him of sexually abusing her and trafficking her to other men inside the wresting giant.

The former honcho has denied the allegations and said the federal investigation won’t find wrongdoing.

“I intend to vigorously defend myself against these baseless accusations, and look forward to clearing my name,” he told the outlet in a statement.

 WWE didn’t respond to requests from the Journal about the investigation or about the individual women’s allegations. 

February 1, 2024

John Laurinaitis Seemingly Confirms Vince McMahon Allegations, Says He's Also A Victim

Last Thursday, former WWE employee Janel Grant filed a 67-page lawsuit against Vince McMahon, WWE, and former WWE executive John Laurinitis outlining allegations of sex trafficking, sexual assault, and a number of other abuses. McMahon has since resigned from his corporate positions at TKO Group Holdings despite denying the accusations against him. Laurinitis, on the other hand, has seemingly confirmed the allegations against McMahon — though not the allegations against himself.

According to a statement provided by Laurinitis' lawyer, Edward Brennan (via VICE News), the former WWE Head of Talent Relations maintains that he is a victim in this case, much like the plaintiff, Janel Grant.

"Mr. Laurinaitis denies the allegations in the misguided complaint and will be vigorously defending these charges in court, not the media," Brennan wrote on Laurinaitis' behalf. "Like the plaintiff, Mr. Laurinaitis is a victim in this case, not a predator. The truth will come out."

When Brennan was then asked to clarify whether he was claiming McMahon was the predator in this case, he wrote, "Read the allegations. Read the Federal Statute. Power, control, employment supervisory capacity, dictatorial sexual demands with repercussions if not met. Count how many times in the complaint Vince exerts control over both of them."

As cited in the lawsuit, Laurinaitis was named as one of the men that McMahon allegedly recruited for Grant to regularly have sex with, both with and without McMahon himself involved. Grant was supposedly told to create "explicit content" for Laurinaitis, who she also claims raped her alongside McMahon inside Laurinaitis' office in WWE Headquarters. Grant's lawsuit charges Laurinaitis with civil battery, intentional or negligent infliction of emotional distress, and violation of the Victims of Trafficking and Violence Protection Act of 2000.

January 27, 2024

End Of An Era 2.0

For the first time since its inception as the Capitol Wrestling Corporation in the 1950's, the only member of the McMahon family currently with the WWE is a Levesque. End of an era.

January 26, 2024

Vince McMahon Resigns from Executive Roles at TKO Group Amid Legal Turmoil

Vince McMahon has stepped down from his roles as the Executive Chairman and Board Member of TKO Group Holdings, Inc., a conglomerate created by Endeavor, incorporating both WWE and UFC.

In a communication with employees, WWE President and member of the TKO Board, Nick Khan, announced, "Vince McMahon has relinquished his positions as TKO's Executive Chairman and as a member of the TKO Board of Directors," as reported by Variety. "His involvement with both TKO Group Holdings and WWE has come to an end."

This development follows a lawsuit filed against McMahon by Janel Grant, a former WWE employee. The lawsuit charges McMahon, along with the company and ex-WWE executive John Laurinaitis, of abuse, sexual exploitation, and trafficking her to other individuals, including Laurinaitis, previously the head of talent relations at WWE.

January 25, 2024

Statement From TKO Group Holdings Concerning The McMahon Lawsuit

After WWE founder Vince McMahon was sued by a former employee, who alleged that he abused and sexually exploited her when he was CEO of the wrestling-entertainment company, a spokesperson for TKO Group Holdings, the parent company of WWE and UFC, said in a statement:


“Mr. McMahon does not control TKO nor does he oversee the day-to-day operations of WWE. While this matter predates our TKO executive team’s tenure at the company, we take Ms. Grant’s horrific allegations very seriously and are addressing this matter internally.”

WWE Founder Vince McMahon Accused of Sexual Abuse and Trafficking in Lawsuit by Former Employee

It's arguably been the most newsworthy week in WWE history, after the promotion announced a 10-year, $5 billion deal with Netflix Tuesday, with WWE Chairman Vince McMahon front and center at the New York Stock Exchange. Now on Thursday, McMahon is front and center again, for all the wrong reasons.

The Wall Street Journal reports that McMahon has been sued by former WWE employee Janel Grant, who has accused McMahon of sex trafficking. The lawsuit, filed Thursday morning, further alleges that McMahon abused and sexually exploited her while he was still WWE's Chief Executive, that he coerced her into sexual relations with the "promise of career advancement," and would later traffic her to other men within WWE.

Grant, who signed an NDA with WWE in 2022, claims she first met McMahon in 2019 in the apartment building they both lived in. McMahon allegedly promised Grant work at WWE and proceeded to "shower her with gifts." The suit goes on to allege that McMahon pressured her into sexual activities in order to secure her a job. Grant was hired by WWE in June 2019 as "administration coordinator," a position McMahon allegedly created for her. She subsequently had little work to do, leading to other WWE employees complaining, and Grant believing her job was "unearned."

Grant further alleges that McMahon would send her sexually explicit messages, increased demands for sex, and began forcefully using "toys" during sex, injuring her. She also claims McMahon would share photos and videos of her with other WWE execs and wrestlers, and that he recruited others in WWE to have sex with her, including then WWE head of talent relations John Laurinaitis. The suit further alleges Grant's mental and physical health deteriorated, leading to McMahon sending her to what was described as a "celebrity doctor" in November, and later paying $20K for surgery.

The suit goes on to claim that Grant would be transferred to the talent-relations division in May 2021, leading to her working directly under Laurinanitis. Grant alleges that a month after the transfer, McMahon and Laurinaitis would lock her in an office, and took turns sexually assaulting her, followed by McMahon assaulting her again a week later.

The suit further claims that Grant would sign an NDA in January 2022, after McMahon told her his wife, Linda McMahon, had learned about their relationship. Nevertheless, McMahon would only pay $1 million of the agreement before ceasing making payments and continued his abuse through March 2022. Grant would also once again text explicit photos to the WWE star, but the two would still never meet.

January 23, 2024

Netflix to Become New Home of WWE Raw Beginning 2025

WWE, part of TKO Group Holdings, Inc. (NYSE: TKO), and Netflix (NASDAQ: NFLX) today announced a long-term partnership that will bring WWE’s flagship weekly program – Raw – to the world’s leading entertainment service. This marks a major programming shift as Raw leaves linear television for the first time since its inception 31 years ago.

Beginning in January 2025, Netflix will be the exclusive new home of Raw in the U.S., Canada, U.K. and Latin America, among other territories, with additional countries and regions to be added over time. Likewise, as part of the agreement, Netflix will also become the home for all WWE shows and specials outside the U.S. as available, inclusive of Raw and WWE’s other weekly shows – SmackDown and NXT – as well as the company’s Premium Live Events, including WrestleMania, SummerSlam and Royal Rumble. WWE’s award-winning documentaries, original series and forthcoming projects will also be available on Netflix internationally beginning in 2025.

“This deal is transformative,” said Mark Shapiro, TKO President and COO. “It marries the can’t-miss WWE product with Netflix’s extraordinary global reach and locks in significant and predictable economics for many years. Our partnership fundamentally alters and strengthens the media landscape, dramatically expands the reach of WWE, and brings weekly live appointment viewing to Netflix.”

“We are excited to have WWE Raw, with its huge and passionate multigenerational fan base, on Netflix,” said Netflix Chief Content Officer, Bela Bajaria. “By combining our reach, recommendations, and fandom with WWE, we’ll be able to deliver more joy and value for their audiences and our members. Raw is the best of sports entertainment, blending great characters and storytelling with live action 52 weeks a year and we’re thrilled to be in this long-term partnership with WWE.”

“In its relatively short history, Netflix has engineered a phenomenal track record for storytelling,” said Nick Khan, WWE President. “We believe Netflix, as one of the world’s leading entertainment brands, is the ideal long-term home for Raw’s live, loyal, and ever-growing fan base.” 

With 1,600 episodes to date, Raw is the most iconic show in sports entertainment. Since its debut in 1993, Raw has delivered action, compelling drama and unmatched athleticism – 52 weeks a year. Blending the best of scripted content with unpredictable live entertainment, the three-hour show has helped launch the careers of Dwayne “The Rock” Johnson, “Stone Cold” Steve Austin, Triple  H, John Cena, Roman Reigns, Bianca Belair and Charlotte Flair.

The show is currently the No. 1 show on USA Network, where it brings in 17.5 million unique viewers over the course of the year. One of television’s best performing shows in the 18-49 advertising demographic, Raw trends on X 52 weeks a year while each new episode is airing. On social media, WWE has more than one billion followers across its platforms.

TKO Appoints Dwayne Johnson to Board of Directors

Johnson Granted Full Ownership of Trademarked Name, “The Rock”

TKO Group Holdings, Inc., a premium sports and entertainment company, has appointed Dwayne Johnson to its Board of Directors, effective today.

Johnson, one of the most decorated WWE Superstars in company history and the most followed American man globally on social media platforms, brings decades of experience in live entertainment and sports to the Board. Through his expansive business portfolio, which includes Seven Bucks Productions, Teremana Tequila, ZOA Energy, Project Rock, and the recently combined spring football league, the United Football League (UFL), Johnson has significant experience identifying and cultivating revenue generating media rights, live events, sponsorship, licensing, and social media opportunities. The appointment of Johnson reflects TKO’s commitment to delivering long-term value and strong performance for shareholders through strategic growth initiatives across both UFC and WWE.

Vince McMahon, Executive Chairman of the Board, TKO, said: “Very few people on the planet understand the convergence of sports, entertainment, media, and business like Rock. We are proud to have him join the TKO board to help take our company to new heights.”

Dwayne “The Rock” Johnson, said: “My grandfather, High Chief Peter Maivia, and my dad, Rocky ‘Soulman’ Johnson, would’ve never thought this day would come. Which is why I’m very humbled to have a seat at the table that has decades of history and family legacy for me. A table that my family helped to build. Being on the TKO Board of Directors, and taking full ownership of my name, ‘The Rock’, is not only unprecedented, but incredibly inspiring as my crazy life is coming full circle. At my core, I’m a builder who builds for and serves the people, and Ari is building something truly game changing. I’m very motivated to help continue to globally expand our TKO, WWE, and UFC businesses as the worldwide leaders in sports and entertainment — while proudly representing so many phenomenal athletes and performers who show up every day putting in the hard work with their own two hands to make their dreams come true and deliver for our audiences. I’ve been there, I’m still there and this is for them.”

Ariel Emanuel, CEO, TKO, said: “I am thrilled to partner with Dwayne and welcome his immense talent to TKO’s Board. Dwayne brings an incredible track record of creating content and building globally recognized consumer brands, and he will play a key role in realizing our ambitions for TKO.”

WWE has also entered into a services and merchandising agreement with Johnson that provides for his promotional, licensing, and other services, and an intellectual property assignment agreement pursuant to which Johnson has secured ownership of the trademarked name, “The Rock”. The name is derived from his father, WWE Hall of Famer Rocky Johnson, who was the first Black champion in WWE history (alongside partner Tony Atlas). Johnson’s grandfather, Peter Maivia, a Samoan-American professional wrestler, was posthumously inducted into the WWE Hall of Fame in 2008.

The addition of Johnson, as well as today’s appointment of Brad Keywell to TKO’s Board of Directors, will increase TKO’s board from 11 to 13 members.

Johnson has been a client of Endeavor’s WME agency for nearly 13 years.

December 27, 2023

WWE Reportedly Sets All-Time Record At Madison Square Garden Live Event

Business is booming for WWE right now, with the promotion reportedly setting an all-time record at the recent Madison Square Garden live event.

"Fightful Select" has reported that the December 26 live event at the iconic New York venue is the highest-grossing domestic non-televised event in the history of the promotion. The show saw CM Punk wrestle for the first time since his return to WWE, defeating former "NXT" North American Champion, Dominik Mysterio, whom he will face once again at a live event in California. The report added that WWE has stated internally that the show was sold out, with WrestleTix revealing that over 15,000 tickets were sold for the show. 


"Fightful" has also revealed that the live event in Baltimore, featuring the "WWE SmackDown" roster, was the highest-grossing non-televised WWE show in the region.

The stacked card at the Madison Square Garden show featured several of "WWE Raw's" top stars, including the likes of Rhea Ripley, Seth Rollins, Drew McIntyre, Becky Lynch, and Cody Rhodes. Rollins and McIntyre closed out the event, where the former retained his WWE World Heavyweight Championship. Finn Balor and Damian Priest retained their tag team titles against Sami Zayn and Jey Uso, while WWE Women's World Champion Rhea Ripley defeated Ivy Nile and Shayna Baszler in a triple threat match.

The "Raw" and "SmackDown" rosters have a string of live events lined up ahead of the new year. This week's "SmackDown" will air a best-of show, recapping the highlights of 2023 from the blue brand, much like the "Raw" show on Christmas day.

December 8, 2023

TNA Wrestling has partnered with Endeavor Streaming to deliver its global, on-demand streaming service, TNA+

TNA Wrestling (formerly IMPACT Wrestling)—a subsidiary of Anthem Sports & Entertainment and a division of Anthem Sports Group—has partnered with Endeavor Streaming to deliver its global, on-demand streaming service, TNA+, to its passionate fans, launching Friday, January 5.


 As part of a multi-year deal, Endeavor Streaming will power the new TNA+ app to deliver an enhanced user experience to all fans across the top streaming platforms, as well as mobile and connected devices. 

This partnership combines TNA’s expertise as a top professional wrestling promoter with Endeavor Streaming’s unparalleled knowledge in delivering innovative direct-to-consumer offerings, marketing tools, analytics, and predictive modeling. TNA+ will leverage Endeavor’s experience working with the world’s biggest sports organizations to scale TNA+’s business operations and further grow its fan base and digital revenues.

In addition to reclaiming the iconic TNA moniker, the TNA+ app is relaunching with an all-new dynamic look, as well as expanded options and increased functionality. The app puts the power back in the fans’ hands, delivering the ultimate premium experience where they can stream the company’s flagship weekly TV show and tune into exciting pay-per-view events, view TNA’s full archive, get exclusive original content and wrestler-created series, and even have the chance to interact with some of TNA’s top stars.TNA+ will be available at TNAWrestling.com, via iOS, tvOS and Android mobile apps, as well as big screen devices such as Android TV, Fire TV and Roku, with more platforms to follow. Subscribers will have the choice of a “Special Attraction” membership tier that features access to the full TNA/IMPACT Wrestling library and all TNA+ special PPV programming other than the 4-tent pole annual events offered at a price of $9.99 monthly or $95.99 per year, and a “World Championship” membership tier that includes all the perks of the Special Attraction tier, plus the 4-tent pole PPV events, offered at a price of $219.99 per year. Further details and subscription information for the new service can be found at TNAwrestling.com.

“This is truly an incredible opportunity for us as we forge into an exciting new chapter of the TNA legacy,” said TNA Wrestling President Scott D’Amore. “We are proud to partner with Endeavor Streaming on this initiative, and we look forward to continuing to provide our fans with the absolute best in new, classic and exclusive professional wrestling content, available to them anywhere, anytime, on their favorite devices, when TNA+ launches on January 5.” Pete Bellamy, Chief Commercial Officer at Endeavor Streaming said, “Wrestling fans are some of the most passionate in the world of sports and entertainment and TNA+ is the perfect ‘always-on’ personalized OTT service to help TNA build a deeper relationship with its global audience. We’re looking forward to working with TNA to deliver the best streaming experience for wrestling fans.”

Further details and subscription information for the new service can be found at TNAwrestling.com.

November 27, 2023

WWE-UFC Merger Challenged In Lawsuit Alleging “Sham Sales Process” for Megadeal

Investors claim that WWE board members favored a merger with Endeavor's UFC to allow Vince McMahon to stay on as executive chairman of TKO Group.

Vince McMahon’s corporate coup that paved a path for him to force his way back onto the WWE board and merge the sports entertainment powerhouse with Endeavor’s UFC is back in the spotlight, with a lawsuit arguing that he ignored more lucrative offers at the expense of investors.

A suit, unsealed in the Delaware Court of Chancery on Nov. 22, alleges that McMahon pushed a “quick sale” of WWE to Endeavor chief Ari Emanuel, his “close friend and longtime ally” who proposed a sweetheart deal that allowed the wrestling mogul to stay on as executive chairman of TKO Group and avoid scrutiny in connection with sexual misconduct allegations that could’ve ousted him from the company. According to the complaint filed by investors, WWE board members “conjured up a sham sales process” designed to favor Endeavor and “exclude other bidders seeking to axe” McMahon, disregarding at least two all cash offers with betters terms.

The complaint extensively details McMahon’s turbulent tenure as head of WWE, culminating in September with the formation of TKO Group through a $21 billion merger between UFC and WWE. He had returned to the company in January after having stepped down as chief executive amid a sexual misconduct investigation into $17.4 million in hush money payments to four different women formerly employed by the company. McMahon, as WWE’s controlling stockholder, removed and replaced three then-serving board members with himself and former executives George Barrios and Michelle Wilson.

“If McMahon was found to have breached his duty of loyalty, WWE stockholders could have sought his removal as a director,” states the suit. “Such scrutiny appears to have prompted McMahon to seek a ‘quick’ sale of the Company that also allowed him to continue running WWE.”

WWE announced on the same day as McMahon’s return in January a review of strategic options. In a statement, he said that he wanted to lead any talks about a possible sale or rights negotiations himself. Investors claim that he immediately turned to Emanuel, his former agent whom he “knew would allow him to remain at the helm” of the merged entity. They say that both the process and price point were unfair, alleging there were betters deals on the table.

According to the complaint, this included undisclosed companies submitting cash offers at $95-$100 and $90-$97.50 per share. But because they contemplated cashing out WWE stockholders and barred McMahon from rolling over his shares, which would’ve signaled his “complete ouster” from the wrestling world, the board “never bothered to make” counterproposals, the suit states.

Instead, WWE exclusively negotiated with Endeavor, proposing an all-stock deal that was contingent upon McMahon serving as executive chairman of the combined company, the complaint says. Endeavor ultimately agreed, with it owning 51 percent of the post-deal firm and former WWE stockholders owning the remaining 49 percent. Investors allege that merger was consummated at $95.66 per share, which fell below two competing, all-cash offers. (Those WWE suitors were redacted in the complaint. But the companies were described as “major institutions with significant access to capital” that had “compelling reasons to close an acquisition of WWE.” One of them likely had “significant runway to increase its offer due to the outsized synergies it could generate in a combination with” the company, the suit says.)

“Not only did he secure a future for himself at post-merger WWE, McMahon also stuffed his pockets and those of his loyalists before agreeing to a deal,” states the complaint, which points to he and former chief executive Nick Kahn securing so-called golden parachutes, along with Khan, McMahon’s son-in-law and WWE chief content officer Paul Levesque (known professionally as “Triple-H”) and WWE president Frank A. Riddick getting a combined $25 million in cash bonuses.

The suit argues that the $21 billion price tag undervalues WWE. It’s “far below the offers” the board could’ve obtained from multiple other bidders had it “made any effort to negotiate in good faith,” investors claim.

According to the complaint, McMahon and his allies on the board “timed negotiations” to favor a deal with Endeavor, including by providing early due diligence and backchanneling information to the company so that it was able to make an early offer. During this process, WWE only secured a budget for UFC’s current fiscal year rather than insisting on a full set of multi year projections, as is customary, despite agreeing to merger consideration that depended on valuing UFC accurately, the suit says. By rushing to secure a merger with Endeavor without conducting adequate due diligence, investors argue the board got an unfavorable deal in agreeing to a 51-49 split.

The complaint, filed by an Ohio pension fund, names McMahon, Khan, Levesque, Barrios and Wilson, among others. It contains various claims for breach of contract and seeks to represent all stockholders who cashed out their shares in the merger.

WWE didn’t respond to a request for comment.


source: Hollywood Reporter

November 23, 2023

Paul “Triple H” Levesque Offers Inside Look At WWE Storytelling

 "Book what people want to see and feel...More?

source:  si.com

November 7, 2023

The CW Network To Become The Exclusive Broadcast Home To WWE NXT

NXT Makes Broadcast Television Debut with Five-Year Deal Beginning October 2024
Network to Air Live Events Featuring WWE’s Next Generation of Superstars 52 Weeks a Year

November 7, 2023 (Burbank, CA & Stamford, Conn.) – The CW Network will become the official broadcast home to WWE NXT in October 2024. The five-year agreement marks the first time in its 13-year history that WWE NXT – which showcases WWE’s hottest up-and-coming Superstars – will air on a broadcast television network. WWE NXT will debut on The CW Network in October 2024 and air 52 live weekly events throughout the season.

“We are thrilled to welcome the WWE brand into the CW Sports portfolio as they play an integral role in our mission to bring live sporting events to the network year-round,” said Dennis Miller, President, The CW Network. “WWE NXT is a perfect fit for The CW thanks to its dynamic young talent featuring the hottest rising stars in the sport and exhilarating, unpredictable weekly events. The passion and engagement of WWE’s fanbase is unmatched, and we are eager to grow that audience as WWE NXT’s new home on broadcast television.”

“The CW has made impressive moves over the past year with its live sports programming schedule,” said Nick Khan, WWE President. “It’s a truly exciting opportunity to expand NXT’s audience by bringing the show to broadcast television for the first time in NXT’s history.”

Launched by WWE Chief Content Officer Paul “Triple H” Levesque, WWE NXT has aired weekly since 2012 and features the brightest young talent in sports entertainment. Nearly 90% of the participants in last year’s WrestleMania were developed under the NXT banner. Led by WWE Hall of Famer Shawn Michaels, NXT is popular with younger audiences, ranking No. 1 in cable primetime on Tuesday nights last quarter among adults 18-49 and 18-34. Year to date, NXT’s average viewership is up 30% among adults 18-49. WWE Superstars, such as Roman Reigns, Seth Rollins, Charlotte Flair and Becky Lynch, have come up through NXT.

WWE NXT joins a growing roster of live sports on The CW Network, including ACC football and basketball games airing every Saturday throughout the season and LIV Golf. The CW is also the new home of the Emmy-award winning weekly studio series “Inside the NFL” and will broadcast NASCAR Xfinity Series beginning in 2025. The network will soon offer more than 500 hours of sports programming year-round.

October 31, 2023

IMPACT Will Rebrand As TNA Wrestling In Jan 2024

TORONTO | CHICAGO – October 21, 2023 – Anthem Sports & Entertainment, a global, multi-platform media company, announced today that its professional wrestling company, IMPACT Wrestling, is returning to its iconic Total Nonstop Action (TNA) Wrestling name, at “Hard To Kill,” its first pay-per-view event of 2024, which will originate for the first time ever from the Palms Casino Resort in Las Vegas, Nevada.

TNA will launch 2024 with Hard To Kill on Saturday, January 13, with a second night of action-packed professional wrestling – the “Snake Eyes Extravaganza Show” – at The Palms on Sunday, January 14. The Snake Eyes Extravaganza Show will be taped to air on the company’s flagship weekly TV show, Impact!, airing every Thursday night on AXS TV (8 p.m. EST).

“We still hear the ‘TNA’ chants wherever we go,” said IMPACT Wrestling President Scott D’Amore. “Fans have longed for TNA Wrestling, so that’s what we’re bringing back in 2024: TNA Wrestling, we’re back!”

October 16, 2023

Giant WWE Championship Belt Sculpture Already Awing Passersby


A giant, 7-foot-tall pre-cast concrete monument resembling the real-life championship belt worn by wrestlers in WWE is nearing completion in front of the offices of the wrestling company on Washington Boulevard.

By Friday, the main frame of the belt was already installed, as were decorations meant to mimic the bejeweled facade of the WWE Championship, currently held by wrestler Roman Reigns.

October 6, 2023

Details Of Vince McMahon's Agreement To Pay Legal Fees For WWE Stockholder Lawsuit

For over a year now, former WWE owner Vince McMahon has been embroiled in a scandal revolving around hush money payments over alleged sexual misconduct. According to a recent SEC filing, McMahon agreed to pay $2 million to the plaintiffs in a stockholder lawsuit that originated back in January, meant to cover legal fees. That sum is in addition to the $17.4 million that McMahon was forced to pay back to the company to cover the cost of the investigation into his actions, which was one of the points of the lawsuit. The larger sum was ordered by the court back in March, while the $2 million amount was agreed to in May.

The suit, filed by WWE stockholders Carole Casale and Chrystal Lavalle in January, also sought to address McMahon's changing of the company's bylaws, allowing him to appoint himself back to the Board of Directors after stepping down in 2022. Once the nature of the lawsuit became clear, McMahon reverted the bylaws to the previous iteration, rendering that aspect of the lawsuit no longer relevant.

This isn't the end of the road for McMahon in terms of legal trouble. It was reported that McMahon had been served with a federal search warrant as well as a subpoena from a Grand Jury in July.

September 21, 2023

WWE’s ‘Smackdown’ to Move from Fox to USA Network in New Rights Deal

WWE’s “SmackDown” is officially set to return to USA Network in a new five-year rights deal.

The weekly show currently airs on Fox but will move to its new network home in October 2024 when the Fox deal expires. “Smackdown” originally began airing on Fox in 2019 as part of a five-year deal between the network and WWE. It had previously aired on USA Network from 2016-2019 and had a number of network homes before that, including Syfy, The CW, UPN, and MyNetworkTV.

Financial terms of the deal were not disclosed, but sources say the new deal is worth roughly $1.4 billion, up from the $1 billion Fox paid in 2019. As part of the new deal for “Smackdown,” WWE will produce four primetime specials per year for NBC, marking the first time that WWE will air in primetime on the network. It is unknown at this time exactly what form those primetime specials will take, i.e. if they will feature live wrestling or if they will be more documentary-focused like WWE’s programming on A&E. According to an individual with knowledge of the deal, the exact nature of the specials is still being determined.

“NBCUniversal has been a tremendous partner of WWE for decades,” said WWE president Nick Khan. “We are excited to extend this longstanding relationship by bringing ‘SmackDown’ to USA Network on Friday nights and look forward to debuting multiple WWE special events annually on NBC.”

The rights deals for both “Smackdown” and “Monday Night Raw” were due to expire in the next year. While “Smackdown’s” future has been determined, there is no word yet on where “Raw” will land. It currently also airs on USA Network, as does WWE’s NXT. Sources say that there has been serious interest from a number of top platforms but no deal has been made at the time of this publishing. Neither of the other two shows is expected to continue to on USA Network, according to sources.

“It’s a privilege and thrill to continue NBCU’s decades-long partnership with WWE which has helped cement USA Network’s consistent position as the top-rated cable entertainment network in live viewership” said Frances Berwick, chairman of NBCUniversal Entertainment. “With Friday nights on USA, primetime specials on NBC, and the WWE hub on Peacock, we’ll continue to use the power of our portfolio to superserve this passionate fanbase.”

Since 2021, NBCUniversal’s Peacock has been the exclusive streaming home of the WWE Network. That includes the company’s expansive library of wrestling shows as well as the home for annual events like WrestleMania, the Royal Rumble, Summer Slam, and more.

WWE was recently sold to Endeavor, which merged WWE with the UFC to form a new company dubbed TKO Group. Vince McMahon, former CEO of WWE, has assumed the role of executive chairman of TKO Group. Under the terms of the deal, McMahon — who was WWE’s controlling shareholder — will own 16.4% of the economic interests in TKO (and 16.4% of the voting power in the new entity). McMahon stepped down as WWE’s chief executive in 2022 amid an investigation by the company’s board into alleged hush-money payments to women who accused him of sexual misconduct. McMahon returned to the company in January 2023 as executive chairman to head up efforts to sell WWE.


source:  variety.com

September 12, 2023

Endeavor Announces Close of UFC® And WWE® Transaction To Create TKO Group Holdings, A Premium Sports And Entertainment Company



Endeavor Announces Close of UFC® and WWE® Transaction to Create TKO Group Holdings, a Premium Sports and Entertainment Company

New Company to Begin Trading Today, September 12, on the New York Stock Exchange Under “TKO” Ticker Symbol

BEVERLY HILLS, Calif. & STAMFORD, Conn.--(BUSINESS WIRE)--Endeavor Group Holdings, Inc. (NYSE: EDR) (“Endeavor”) and World Wrestling Entertainment, Inc. (previously NYSE: WWE) (“WWE”) today announced the close of their previously announced agreement and the launch of TKO Group Holdings, Inc. (NYSE: TKO) (“TKO”).

TKO brings together UFC, the world’s premier mixed martial arts organization, and WWE, an integrated media organization and the recognized global leader in sports entertainment, to create a new premium sports and entertainment company serving more than one billion young and diverse fans1, reaching viewers in 180 countries, and producing more than 350 annual live events. Through this combination, TKO will leverage Endeavor’s expertise in areas including domestic and international media rights, ticket sales and yield optimization, event operations, global partnerships, licensing, and premium hospitality to drive revenue growth.

“The creation of TKO marks an exciting new chapter for UFC and WWE as leaders in global sports and entertainment,” said Ariel Emanuel, CEO of Endeavor and TKO. “Given their continued connectivity to the Endeavor network, we are confident in our ability to accelerate their respective growth and unlock long-term sustainable value for shareholders. With UFC and WWE under one roof, we will provide unrivaled experiences for more than a billion passionate fans worldwide.”

“This is the culmination of a decades-long partnership between Endeavor and WWE across strategic initiatives including talent representation and media rights. Given our collaborative, trusted relationship and Endeavor’s incredible track record of success growing UFC, we believe WWE is optimally positioned for future growth and success as part of TKO,” said Vince McMahon, Executive Chairman of TKO. “Our focus remains on delivering for our fans across the globe as we take the business to the next level alongside UFC and Endeavor.”

TKO will begin trading today on the New York Stock Exchange under the ticker symbol “TKO,” with Endeavor holding a 51% controlling interest in the new company and existing WWE shareholders holding a 49% interest in the new company, on a fully diluted basis.


As previously announced, TKO is led by:


Ariel Emanuel, Chief Executive Officer, who continues as Chief Executive Officer of Endeavor;

Mark Shapiro, President and Chief Operating Officer, who continues as President and Chief Operating Officer of Endeavor;

Andrew Schleimer, Chief Financial Officer; and

Seth Krauss, Chief Legal Officer, who continues as Chief Legal Officer of Endeavor.

Dana White is now Chief Executive Officer of UFC and Lawrence Epstein remains Senior Executive Vice President and Chief Operating Officer of UFC. Nick Khan continues at WWE in the role of President.


The Board of Directors of TKO is led by Vince McMahon as Executive Chairman of the Board and consists of 11 members, including Mr. Emanuel, Mr. Shapiro, and Mr. Khan, in addition to the following directors:


Peter C.B. Bynoe, Senior Advisor at DLA Piper LLP;

Egon P. Durban, Co-Chief Executive Officer of Silver Lake;

Steven R. Koonin, Chief Executive Officer of the Atlanta Hawks, LLC;

Jonathan A. Kraft, President of the Kraft Group LLC;

Sonya E. Medina, President and Chief Executive Officer of Reach Resilience;

Nancy R. Tellem, Executive Chairperson and Chief Media Officer of Eko; and

Carrie Wheeler, Chief Executive Officer and a board member of Opendoor Technologies Inc.

 photo i_zps0ebed5ab.jpg
Oderint Dum Metuant: Let Them Hate As Long As They Fear