WWE & TNA Wrestling announce multi-year partnership

WWE part of TKO Group Holdings and TNA Wrestling, one of the world’s top wrestling brands and a subsidiary of Anthem Sports & Entertainment, today announced a multi-year partnership aimed at creating unprecedented crossover opportunities within WWE and TNA programming for NXT Superstars and TNA Wrestling Stars.

The agreement will enable talent to garner additional exposure across key WWE and TNA programming, including weekly flagship shows such as NXT – which airs live on The CW – and TNA iMPACT!, select WWE Premium Live Events and TNA pay-per-views, in turn bolstering their in-ring development with exposure to world-class talent and coaching.

“This historic relationship demonstrates that collaboration and competition do not have to be mutually exclusive,” said Ariel Shnerer, Senior Vice President of Content & Distribution for TNA Wrestling and Anthem Sports & Entertainment. “Our partnership allows the TNA Wrestling brand and its incredible athletes to reach a significantly wider audience, while giving WWE and NXT stars an opportunity to cross the line and gain valuable experience, as they join forces with one of the most talented rosters in professional wrestling today. The response to our collaboration over the past year has been tremendous and both companies have benefited, but the fans have reaped the greatest rewards from this talent crossover and working relationship.”

“We look forward to growing and evolving our partnership with TNA Wrestling and its outstanding group of athletes by creating new opportunities to further the development of our talent and to elevate the viewer experience at home,” said WWE Senior Vice President of Talent Development Creative Shawn Michaels.

Former TNA Knockouts World Champion Jordynne Grace and Joe Hendry frequently appeared on NXT programming in 2024, highlighted by an NXT Championship match featuring Hendry and Ethan Page at No Mercy, and an NXT Women’s Championship match featuring Grace and Roxanne Perez at Battleground.

Many NXT Superstars also crossed the line into TNA Wrestling, including Wes Lee’s short-lived reunion with The Rascalz, Charlie Dempsey and the No Quarter Catch Crew, Riley Osbourne, Dante Chen, Gallus, Arianna Grace, Tatum Paxley, Izzi Dame, Wendy Choo, Brinley Reece and more.

TNA iMPACT! airs on AXS TV and TNA+ in the U.S., in addition to being distributed internationally on TNA+ and other leading broadcast platforms, including Sportsnet 360 across Canada.

In November 2023, WWE and The CW announced a five-year agreement to bring NXT to broadcast television for the first time in its 13-year history.

Corey Graves throws shade after being demoted on WWE commentary team: 'Not famous enough'

There appears to be some drama generating at the WWE commentary table.

With Monday Night Raw now on Netflix, WWE welcomed back former NFL punter and sports media giant Pat McAfee to the commentary booth for the show alongside Michael Cole. As a result, there was some reshuffling in the commentators for the company's show.

Joe Tessitore, who joined in July, was originally part of the Raw team but was moved to Friday Night SmackDown, alongside Wade Barrett. That left out Corey Graves, who has been a broadcaster since 2016 after he was forced to medically retire from in-ring competition. Graves has been widely praised for his work on the headset, but he was pushed to WWE's development brand NXT, joining Vic Joseph and Booker T, in a move that could be seen as a demotion.

Graves didn't seem to take the move well. In a now-deleted post on social media, he shaded the move and appeared to take a shot at McAfee.

WWE commentator Corey Graves makes his entrance at WrestleMania 40 night two at Lincoln Financial Field in Philadelphia, Pennsylvania on April 7, 2024. "Imagine chasing your dream. Then being TOLD (not deciding) that you’re no longer physically able to pursue your dream,” Graves wrote Monday night. "Then you dedicate your life to something 'dream adjacent' and being pretty (expletive) awesome at it. And then, when it’s time to enjoy the fruits of your labor, being told you’re not famous enough for your own job. Just in case you’ve wondered where I’ve been."

Graves followed up the post on Tuesday morning with another now-deleted one that said "I’ve got a lot to say. Don’t miss WWE NXT tonight on The CW." Strange enough, Graves was not present for the NXT show on Tuesday night.

Former WWE commentator Jonathan Coachman offered some perspective on the situation, noting that moving the commentary both has been a normal thing for decades.

"So Corey is upset for being bumped from the main announce roster. Happened to JR 5 times. Happened to Cole multiple times. Happened to me multiple times," Coachman wrote. "He is right he is really good at his job. But playing in the sandbox a little bit better might not hurt next time. Embrace whatever role you have and understand that you are lucky to have it. There are only 3-5 of these jobs at the highest level. Who knows maybe they asked him to be a part of a 3 man booth. We know he doesn’t like that. lol. Sorry had to. Last line a joke. The rest it’s the wrestling business. It happens."

As is the case with wrestling, it's unclear if this frustration is legitimate or a work toward something in the future. Graves could be working toward actually being cleared to compete in the ring, in which case would likely lead to a match against McAfee, who has plenty of in-ring experience and has been an on-screen rival of Graves for some time.

WWE NXT Viewership Jumps 44% in CW Debut

The debut of WWE‘s NXT on The CW Tuesday night saw a significant jump in viewership.

The broadcast network debut of WWE’s weekly show featuring developmental talent averaged 895,000 viewers from 8-10 p.m. That is up 44% compared to last week’s episode, which aired on USA Network. Viewership peaked between 8:15 and 8:30 with 965,000 viewers. The episode was also the number one telecast on CW this year among adults 25-54 and adults 18-49 with 406,000 viewers and 354,000 respectively.

The viewership represented a 143% increase in total viewers over CW’s Tuesday primetime average this season, with affiliates in markets like New York, Los Angeles, Dallas, and Detroit also notching triple digit increases in viewership versus last week.

source: variety.com

Shawn Michaels and Paul Levesque Join Forces for Special Opening Segment at WWE NXT’s CW Debut

Last night, WWE NXT fans witnessed the dawn of a new era for the brand.

At the debut episode of WWE NXT on The CW Network, broadcast live from the Allstate Arena in Chicago, Illinois on Tuesday, October 1, 2024, WWE Senior VP of Talent Development Creative, Shawn Michaels, took center stage to kick off the show.

As previously noted, "The Heartbreak Kid" unveiled brand new WWE NXT World and WWE NXT Women's World title belts, proudly displayed on a podium in the center of the ring.

Following the unveiling, Michaels stated that with that business taken care of, only one question remained.

Suddenly, a familiar voice echoed from off-camera, delivering the iconic phrase, “Are you ready?” in its trademark baritone.

The camera panned over to reveal WWE Chief Content Officer, Paul “Triple H” Levesque, making his way up the ring steps, beaming with a wide grin.

Levesque and Michaels then stood together in the middle of the ring, united, to officially kick off the inaugural episode of NXT on CW, marking the beginning of a new chapter for WWE NXT.

Update On WWE Programming On Peacock

A new report provides an update on WWE‘s programming on Peacock.

WWE shows are on the move, as SmackDown has moved to USA Network, while NXT will premiere on The CW Network on October 1.

Steven Muelhausen of The Takedown on SI reports that, per a Peacock spokesperson, as part of their agreement with WWE, SmackDown’s complete past season library is available, while new episodes will be available only 30 days after airing on USA.

With RAW, new episodes will be available 30 days after airing, as the show will remain on USA Network through the end of 2024.

The spokesperson also said that Peacock will no longer have the libraries of NXT and RAW when their contracts expire. The streaming service will have countdown clocks to inform viewers of their expiration dates starting on September 19 and December 2, respectively.

Muelhausen also writes that a WWE spokesperson said that all PLEs will continue to air exclusively on Peacock.

WWE RAW will move to Netflix in January 2025. It is currently unclear how this may affect programming otherwise.

source: WrestleZone

Away from Vince McMahon, Triple H Books Outstanding Clash at the Castle

Women-led ‘WWE NXT’ episode posts highest viewership figure since January

World Wrestling Entertainment’s NXT once again scored a strong viewership number.

Tuesday, June 4th’s episode of WWE’s proving ground brand drew its highest P2+ viewership since early January of this year.

A week after rapper Sexxy Red appeared on the brand, NXT’s audience tuned in in droves. According to Wrestlenomics, the episode had an average of 768,000 viewers and a P18-49 rating of 0.22.

On Tuesday night, the show had a women-heavy lineup, a common occurrence dating back to 2014 but one that clearly led the way throughout. TNA Knockouts Champion Jordynne Grace, who will wrestle Roxanne Perez for the NXT Women’s Championship at NXT Battleground in Las Vegas, led off the show with a match that Perez made sure to be seated for. Four of the five scheduled Tuesday night show matches featured women’s superstars. NXT has helped bring along a cavalcade of stars over the past decade, including WWE Women’s Champion Bayley, Becky Lynch, Charlotte Flair, Bianca Belair, Rhea Ripley, current WWE Women’s World Champion Liv Morgan, and a host of others. That trend is sure to continue with the bounty of talented women that the NXT brand currently holds onto.

The show has gone through some transition in 2024, so ratings have fluctuated a bit over the past few months. They’ve hit a floor as low as 564,000 in the last few months and have mostly stayed within the 600,000-660,000 range. This increase follows another increase week-to-week last week, when the show scored 703,000 viewers, up from 654,000 during May 21st’s episode.

As NXT prepares for its move to the CW Network, they could be in store for another hot summer on the brand. And if the last two weeks are any indication, they’re starting to get people’s attention.

[Data cited from Wrestlenomics Patreon]

UFC Apex to host first WWE event on June 9

WWE, in partnership with the UFC, has announced that NXT Battleground will take place at the UFC Apex on Sunday, June 9 in Las Vegas.

This will mark the first-ever WWE event that will be hosted at the 130,000-square foot production facility, home of UFC Fight Night events, Dana White's Contender Series and more.

"We are always exploring new frontiers to showcase NXT and we are excited to bring Battleground to this world-class production facility in partnership with UFC," said WWE Senior Vice President of Talent Development Creative Shawn Michaels in a statement to ESPN.

Last September, UFC's parent company Endeavor and the WWE announced the closing of a merger between the mixed martial arts and professional wrestling promotions to create TKO. To date, there has been some crossover between the two brands, but this will be the most significant where a UFC venue will host a WWE event.

NXT Battleground was originally penciled in for May 26 at the Enmarket Arena in Savannah, Georgia but will now relocate to Las Vegas, the home of the UFC. The reasons behind the move were not made readily available. Still, the original date was during Memorial Day weekend and running up against rival promotion AEW's Double or Nothing pay-per-view event.

NXT Battleground is set to feature some of the biggest NXT superstars including NXT Champion Ilja Dragunov, NXT Women's Champion Roxanne Perez NXT North American Champion Oba Femi, NXT Tag Team Champions Axiom and Nathan Frazer, Trick Williams, Carmelo Hayes, Lyra Valkyria and more.

However, the talent featured at Battleground could change as the WWE Draft will take place starting on WWE SmackDown on April 26 and NXT talent could be moved to either Raw or SmackDown.

The UFC Apex typically hosts smaller crowds of under 500 people for Dana White's Contender Series and UFC Fight Night events. It is unknown how many tickets will be made available for Battleground but a 2022 article by the Las Vegas Review Journal cited that the UFC applied with the Clark County Zoning Commission to add the ability to host up to 1,000 people for events along with food and alcohol service, ticket sales and a souvenir shop.

source: espn.com

Ronda Rousey Details NXT Being Stolen From Triple H

Writing in her new book Our Fight – available for pre-order now – Ronda Rousey detailed that turbulent time in WWE history and thinks it was McMahon’s “cronies” that made the move to take NXT out of Triple H’s hands:brbr NXT, which had been Triple H’s domain, had been caught in the ongoing family dispute between him and Vince McMahon. Vince’s unwillingness to give up any control made progress on the main roster all but impossible. But operating out from under Vince’s thumb, Triple H had built NXT into a brand that was not only developing WWE’s next generation but producing some of the organization’s best and most innovative wrestling.

People were excited about NXT in a way that they weren’t about Raw and SmackDown’s constant reliance on rehashing the same formulaic story lines over and over. As NXT grew and it became apparent that there was the potential to expand and profit from it, suddenly it became attractive to Vince. In fall of 2019, WWE launched a weekly NXT show—slated to go head-to-head on-air with AEW.

Now, NXT was on the up-and-up, but so too was AEW. Then Triple H almost died, suffering from heart failure and requiring surgery. He stepped away to deal with his health, and in his absence, Vince’s cronies saw an opportunity. NXT was losing the ratings battle to AEW, they whispered to Vince.

Ronda Rousey then took aim at former Head of Talent Relations John Laurinaitis who she claimed was running NXT in Triple H’s stead. It’s safe to say Rousey is no fan of Laurinaitis but says his failure running the brand was systematic of wider problems in the company:

Changes needed to be made. Which is how John Laurinaitis, a former wrestler turned WWE executive and all-around dirtbag, ended up running NXT. Laurinaitis had made a name for himself as an average but by no means outstanding wrestler before he moved into playing an in-ring authority figure type and then a producer. He looked and acted like an entitled sixty-year-old former frat boy. Tall, blondish, and with a cleft chin, he always appeared to be scowling, even when he smiled. His raspy voice earned him the nickname Johnny Laryngitis, which was one of the nicer things people called him.

Whereas Triple H looked for talent and potential in NXT prospects, it appeared John Laurinaitis looked for f*ckability. He further purged the NXT roster, firing it seemed like everyone over twenty-five and turning recruiting attention away from the indie circuits in favor of blonde sorority-types from places like the Universities of Florida and Tennessee.

Putting the blame for the decline on Laurinaitis—which Vince would basically try to do a few months later—would be easy but Laurinaitis was only a symptom of what was wrong within WWE. Honestly, the actual drama was so much better than anything WWE could ever script.

source: tjrwrestling.net

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.

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.

Paul Levesque On WWE’s Merger With Endeavor: ‘I Can’t Tell You How Excited I Am’

Front row at Madison Square Garden’s Hulu Theater last night for the Callum Walsh-Ismael Villarreal boxing match were UFC CEO Dana White, WWE President Nick Khan, and WWE Head of Creative Paul “Triple H” Levesque.

 
The fight aired on UFC Fight Pass, which is investing more resources into its boxing and building around potential cornerstones like Walsh. A highly touted super welterweight prospect, Walsh (9-0) won a closely contested bout by unanimous decision, earning Levesque’s respect with his performance.

 
“It’s the first time I had the chance to see him fight live,” said Levesque, who spoke with Sports Illustrated while ringside. “He’s so well-rounded. I think this kid has it on all levels.”

 
Levesque marveled at the ten-round performance of the 22-year-old Walsh, who extended his undefeated streak with the victory.

 
“No matter what the genre, when you reach the next level, there are nerves and second-guessing that come at this level–and maybe a part of you that doesn’t believe in your hype,” said Levesque. “When you get to a certain level, a lot of it is a head game. To see how poised he is at this level, it’s awesome to see.”

 
Levesque is in the midst of a superb run of storytelling in WWE, especially since the company’s merger with Endeavor, which is also the parent company of the UFC. An old-school booker willing to embrace wrestling’s modern aspects, Levesque is molding Raw and SmackDown back into must-see products. Raw has been especially strong, with seemingly minute details–like advertised matches taking place–allowing multiple talents to have significant storylines.

 
Endeavor CEO has tasked Levesque to oversee all of WWE’s creative, a role he relishes.
“I can’t tell you how excited I am,” said Levesque. “Working with Endeavor, it’s next level. The flywheel for all the things they touch–if you were trying to build that on your own, it’s taking you a decade. For us, now, it fast tracks everything we’re doing.

 
“Endeavor, UFC, they’re the best in the business at what they do. They put things on a different level of professionalism, and we fit right into that. The future is so bright because of the opportunities Endeavor is going to provide for us and the synergies that are there. We’re going to take this to a whole new level.”

source:  si.com

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.

WWE NXT Viewership Triumphs Over AEW Dynamite in Tuesday Showdown

On October 10th, AEW Dynamite and WWE NXT clashed, with the former airing a special Title Tuesday edition featuring multiple title shifts and Adam Copeland's debut match against Luchasaurus. This came as Major League Baseball playoffs were scheduled on TBS for October 11th.

On the other hand, WWE NXT promised fans a star-studded evening with the likes of John Cena, Cody Rhodes, Asuka, and Paul Heyman in attendance. Fans also anticipated appearances from NXT Women’s Champion Becky Lynch, North American Champion Dominik Mysterio, and possibly, The Undertaker, following circulating rumors of his presence.

Before the showdown, reports mentioned Triple H and Shawn Michaels aiming to highlight the dominance of NXT over AEW. Tony Khan, on the other hand, had a sharp retort, labeling the NXT heads as "bald a**holes."

According to Wrestlenomics' Brandon Thurston, WWE NXT garnered an impressive 921,000 average viewers and a 0.3 rating in the 18-49 demographic. AEW Dynamite, in comparison, achieved an average of 609,000 viewers and a 0.26 rating in the crucial demographic.

Interestingly, while NXT dominated in viewership during the October 3rd episode, AEW Dynamite led in the key demographic against the October 4th NXT episode.

Triple H's 2018 'Global Localization' Vision Now A WWE Trademark Initiative

On September 18, WWE submitted a trademark application for the phrase 'Global Localization' to the United States Patent & Trademark Office. The application reveals WWE's intention to utilize the term within the scope of 'entertainment services.'

Accompanying the application was the following description:

Entertainment services, namely, a show about professional wrestling; entertainment services, namely, the production and exhibition of professional wrestling events rendered live and through broadcast media including television and radio, and via the internet or commercial online service;

providing wrestling news and information via a global computer network; providing information in the fields of sports and entertainment via an online community portal; providing a website in the field of sports entertainment; fan club services, namely, organizing and staging events with wrestling fan club members; providing online newsletters in the field of sports entertainment; online journals, namely, blogs in the fields of sports entertainment; Entertainment services in the nature of development and creation of multimedia entertainment content.

The term 'Global Localization' was originally coined by Triple H in 2018 to outline his concept of creating international WWE hubs that would serve as talent pipelines for the US-based NXT brand

Details On Endeavor Deal, WWE-UFC Merger And Plans For NXT

Following the news from earlier this week that the WWE-UFC merger under Endeavor is expected to close next month, Dave Meltzer's latest Wrestling Observer Newsletter offers up some additional details. The report states that layoffs and other efforts to save money are expected to begin within the company very soon. Additionally, Meltzer indicates that people within Endeavor are hoping to work with WWE to make NXT more of a "sustainable third brand."

The idea behind that is to increase the show's ratings, allowing it to bring in higher TV rights fees. According to Meltzer, the company hopes to make NXT a touring brand once again, with both live events and TV taped on the road. However, there is no timeline for when this will become a reality.

As for the previously discussed revival of "NXT U.K.," there is reportedly an idea for a full-time Performance Center in London, as well as the introduction of a new show focused on all of Europe. However, there will be no updates on that until at least next year.

WWE's stock price hit another record-high earlier this week, reaching $114 per share, giving the company a market valuation of nearly $8.5 billion. When the dust settles, the board of TKO will include six individuals from Endeavor and five from WWE. On the WWE side, that includes both Vince McMahon and current WWE CEO Nick Khan, as well as Steve Koonin, Nancy Teliem, and one more individual who has yet to be revealed.

In addition to remaining on the Board of Directors, Vince McMahon will own 16.4% of the stock for the new company, which will be called TKO. Stephanie McMahon will own 1.1% while Linda McMahon will have 0.3% of the company's stock. There was no word on how many shares Shane McMahon will own.

Shawn Michaels Comments On Members Of D-Generation X Running WWE

Between Triple H serving as WWE's Chief Content Officer, Shawn Michaels heading up the "WWE NXT" brand, and "Road Dogg" Jesse James overseeing live events, D-Generation X's fingerprints can be found all over WWE's current product. In a recent interview with "Sports Guys Talking Wrestling," Michaels reflected on how far he and his former stablemates had come — from their days as rebellious troublemakers to being the adults in the room.

Michaels acknowledged that while trading in their olive, black, and green apparel for suits was still unfathomable, he and the rest of his DX teammates always had a penchant for the creative aspect of the business, and, as such, made a rather seamless transition to their corporate roles. "Even as degenerates back in the day, we had such a love and a passion for this stuff," Michaels admitted. He added, "Granted yeah, sometimes when it [our rebellious side] was unleashed, it could have been a little wild, and arguably, I don't know, controversial. But at the same time, it really was a deep-seated love and admiration for this business — and a passion for it." 

"And that's what it is now," Michaels continued. "We are now, thankfully, a lot more mature — and [have] grown up quite a bit. But I think there's still that little kid in us, that I know a lot of our athletes, a lot of our superstars, all appreciate because we make it fun. And we want it to be fun, especially here in 'NXT.' Granted, when you get to the main roster, it is serious business, as it should be — and it is here, too, but at the same time, I want this to be a fun experience," explained Michaels.

Michaels added that he wants "NXT" superstars to get the feeling of a "college experience" during their time in WWE's developmental brand. He elaborated stating, "We want them to learn what they're doing, but we also want them to fall in love with this and have fun with this job." "The Heartbreak Kid" feels that if these future WWE main roster superstars can accomplish this during their time in "NXT," that the future of WWE's business will be bright.

Booker T's Wrestling Promotion Announces WWE NXT Partnership

WWE Hall of Famer Booker T's wrestling promotion, Reality of Wrestling (ROW) announced on Saturday evening that it's going to be working with "WWE NXT." Their working relationship will start next Saturday, February 11 in Texas City, Texas with WWE "NXT" star and Diamond Mine member Ivy Nile set to be in action.

The "NXT" color commentator started his training school/promotion in 2005. He commented about Saturday's news on social media, noting how excited he was to merge his "NXT" favorites with the roster of his students. 

"Excited to merge my @WWENXT favorites with the roster of my students at @TheOfficialROW! Don't miss a HUGE show next Saturday! Can't wait to see @ivynile_wwe in the World Gym Arena," tweeted Booker T. 

Nile also reacted to her upcoming match, tweeting, "Let's goooooo. See you guys next Saturday!!"

One of ROW's most notable members is current "NXT" Women's Champion Roxanne Perez. Perez was just a teenager when she joined the promotion and during her time there, she held the ROW Diamonds Division Championship. After ROW and before WWE, she went to Ring of Honor and became the inaugural ROH Women's World Champion.

Shawn Michaels announces the Iron Survivor Challenge for NXT Deadline

WWE Hall of Famer Shawn Michaels returned to NXT to announce the brand new Iron Survivor Challenge, a new match type that will pit NXT superstars against each other to determine the No. 1 contenders for both the NXT Championship and the NXT Women’s Championship.

Five superstars will compete in this unique 25-minute Match as they battle each other and the clock.

Two superstars will start the match and every five minutes a new superstar will enter the match until all five are in the ring.

The goal is to have the most falls when the clock hits 25 minutes.

Falls can be won at any time via pinfall, submission or disqualification.

When a superstar scores a fall they will earn one point.

However, when a superstar loses a fall, that superstar must pay the penalty. They are forced out of the ring and into a penalty box for 90 seconds.

Once the 90 seconds are up, the superstar can re-enter the match.

The superstar who has scored the most falls when the clock hits 25 minutes will be named the Iron Survivor and become the No. 1 Contender for the NXT Championship and NXT Women’s Championship respectively

Shawn Michaels Gets Emotional Talking About Paying Triple H Back

With the monumental news of Vince McMahon retiring beginning to fade into the past, the WWE is currently in a great spot, with Triple H running the main roster side of things and his best friend Shawn Michaels taking over his duties down on the developmental side with "NXT." The two have experienced it all together in the WWE and are now steering the ship for the company that helped 

"Hunter was there for me at a time in my life when I really needed it, obviously it's been 25 years since that time, but I guess for me it's always been how could I pay him back for that?" Michaels said during a recent appearance on the WWE After the Bell Podcast.

The answer to Shawn's question came last year when Triple H suffered a cardiac event that caused him to take the year off and undergo heart surgery. The former WWE Champion has been on the record stating it was a life-threatening situation and his absence from "NXT" would be something the company would have to deal with. While he was away, his best friend came to his aid, repaying the favor Triple H did for him, as Michaels took over his role with the developmental brand.

'It was absolutely not a moment's hesitation, it wasn't even difficult to do.' "For me, that's what I feel like some of this was, this was a way for me to be there for him and that means a lot to me," said Michaels. "I can get emotional, I'm all about the romance of this job. Even [taking over for Vince McMahon] has been pulling that out of him, another side of him that not many people get to see. To be able to be there for your friend in the best way you can, it was not easy by any stretch, the situation wasn't great at all, but it was absolutely not a moment's hesitation, it wasn't even difficult to do. Again because of the love, the respect, the care that I have for him."

"I appreciate the pats on the back but my goodness, it was nothing more than what he's done for me many many years ago. I was just happy to at least put a little dent in what he did for me in hopes that I helped him through a hard time in his life and that's all that really matters to me."