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February 21, 2023
WWE Breaks All-Time Gate & Viewership Records at Elimination Chamber
February 20, 2023
Eric Bischoff Says Triple H Taking Over WWE Creative Has Paid 'Huge Dividends'
Triple H Comments On Potential Sale Of WWE
Triple H says he’s focused on doing his job to the best of his ability.
During his Elimination Chamber post-show press conference, Triple H was asked by Brandon Thurston of Wrestlenomics if he was in favor of a WWE sale prior to Vince McMahon’s return, or if he was still in favor. Triple H said that there are plenty of variables to consider, but he is OK with whatever situation allows him to keep doing his job.
“Depends on who’s buying, I suppose, what the offer is, what the outcome is. I stay out of it. That’s not a cop-out answer. I have the greatest gig in the world. I helped, in some small way, create the magic we did here tonight. And to me, it’s the best gig on the planet,” he said.
“As long as we get to do this, as long as we get to create it the way we get to create it, as long as we get to do our jobs and we get to go out there and put our passion on display,” Triple H explained, “as long as our talent is allowed to put their passion on display and do what we do, I’m good. I’m good. It is what it is.”
~ Kayfabe by
Kaliqo~
at
8:16 AM
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February 17, 2023
McMahon seeking up to $9B for World Wrestling Entertainment
World Wrestling Entertainment has already fielded offers for a sale - and Executive Chairman Vince McMahon is reportedly pushing to get up to $9B for it.
That would mark up to a 37% premium to current market value of $6.5B - and a high multiple for an entertainment name.
The list of potential buyers includes Endeavor Group Holdings (EDR), already the owner of Ultimate Fighting Championship, Bloomberg reported, though Endeavor (valued at $10.4B) would need help from a third party.
WWE stock (WWE) jumped 2.5% following the report.
The shortlist also includes investors from the Middle East, though after that region has increased its investments in sports including golf and soccer. Saudi Arabia in particular has funded the LIV Golf circuit and has expressed interest in buying Formula One (FWONA).
Bigger strategic buyers, like Netflix (NFLX) or Walt Disney (DIS), might be uneasy taking on McMahon as a partner in a business that is sometimes messy and personal, Bloomberg noted.
source: seeking alpha
February 14, 2023
MLW's Antitrust Lawsuit Against WWE Dismissed By Judge For Now
Major League Wrestling suffered a major setback in its antitrust lawsuit against WWE on Tuesday, albeit with a small amount of room left for some hope. That's because United States District Court Judge Edward J. Davila dismissed the suit while also giving MLW 21 days to submit an amended complaint in the process. (News of the dismissal was first reported by Brandon Thurston of Wrestlenomics.) It is in that amended complaint that MLW can attempt to address the deficiencies that WWE cited.
The heart of the suit was the claim that WWE interfered in MLW's dealings with both VICE TV (which is partially owned by A&E) and Tubi (owned by Fox), costing MLW vital rights fees and television exposure. WWE argued that MLW's claims of antitrust violations were not sufficient violations of the Sherman Act, the relevant piece of federal law, asserting that MLW did not plausibly claim "(1) a relevant market; (2) monopoly power; or (3) antitrust injury." Citing a ruling in the ongoing UFC fighter antitrust lawsuit, Judge Davila noted that MLW had not provided an adequate explanation of the specifics of the market for pro wrestling and other sports entertainment content. This is the kind of thing that could be remedied in an amended complaint, though, which is why MLW has three weeks to put one together. Because of the dismissal, Davila denied WWE's two pending motions regarding the discovery (deposition, document production, etc.) process, which pertained to setting a discovery schedule and barring discovery until the motion to dismiss was decided.
MLW debuted on REELZ last week. Its premiere episode averaged 79,000 viewers overall in the Nielsen ratings, with a 0.03 rating in the key demographic for adults aged 18 to 49. Among cable originals, it placed 132nd for the day in the key demo.
February 10, 2023
WWE Board Members George Barrios And Michelle Wilson Announce New Venture
Following their departure from WWE in 2020, wrestling fans probably thought they had heard the last of George Barrios and Michelle Wilson. Now it seems they can't stop hearing about them. Barrios and Wilson made their sudden return to WWE's Board of Directors in January, following VInce McMahon's re-ascension to Chairman, and now they're making more moves, this time with NBA great Carmelo Anthony. In a press release on Friday, Barrios, Wilson, and Anthony launched Isos7 Sports Investment, a new venture looking to "provide growth capital, targeting $50 million to $100 million per investment, to a diversified portfolio of sports leagues, teams, emerging properties, and ancillary businesses in North America, Europe, and pan-Asia." It was also noted that the venture is looking to have access to over $750 million in capital.
"We believe sports assets will continue to benefit from global macro tailwinds and secular industry trends driving significant, predictable, and stable growth," Barrios and Wilson explained. "We are thrilled to partner with Carmelo, a trailblazer for athletes in investing, business development, and philanthropy. We have a shared vision for how a new wave of diverse investors will identify global growth opportunities and impact the marketplace."
In addition to Barrios, Wilson, and Anthony, the venture will also see Brian Flinn serve as a partner for Isos7, with Flinn overseeing investment and operation teams. Flinn is connected to both Anthony and Barrios/Wilson; he previously worked with Anthony's former team, the New York Knicks, served as the former SVP & Global Head of Marketing for the NBA, and was also Chief Marketing Officer at WWE. As of this writing, it's unclear what effect, if any, this new venture will have on Barrios or Wilson's duties as part of WWE's Board.
February 4, 2023
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.
~ Kayfabe by
Kaliqo~
at
8:02 PM
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February 2, 2023
Batista Believes Triple H Being In Charge Is The Best Thing For WWE
~ Kayfabe by
Kaliqo~
at
6:53 PM
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January 30, 2023
WWE To Celebrate 20th Anniversary of Evolution This Week
~ Kayfabe by
Kaliqo~
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5:43 PM
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Labels: Batista, Evolution, Randy Orton, Ric Flair, Triple H, Wrestling History, Wrestling News, WWE
WWE's Royal Rumble smashes its records for gate, viewing
WWE today announced that the 2023 Royal Rumble, which emanated from the Alamodome in San Antonio, Texas, became WWE’s highest-grossing and most-viewed Royal Rumble in company history.
The event set a new all-time gate record at more than $7.7 million, far surpassing the previous Royal Rumble high in 2017 by more than 50 percent. Viewership of the event saw a 52 percent increase versus the previous record set in 2022.
In addition, the 2023 Royal Rumble broke all-time venue merchandise and sponsorship records. Merchandise sales were up 135 percent versus the record set in 2022. Royal Rumble sponsorship revenue was up nearly 200 percent versus 2022 and featured the first-ever sponsored match (MTN DEW PITCH BLACK) and sponsored countdown clock (Applebee’s).
On social, the Roman Reigns-Sami Zayn videos generated 20 million-plus views across all WWE platforms and became the most-viewed WWE clip of 2023. Additional highlights include Logan Paul and Ricochet’s high-flying collision which amassed 26.5 million views across WWE and Paul’s platforms, and the launch of Reigns’ TikTok account which netted 100K followers in the first 24 hours.
January 28, 2023
Paul ‘Triple H’ Levesque Has Big Plans in Store for the WWE. What Happens Now That Vince McMahon Is Back?
January 25, 2023
Raw XXX delivers highest domestic gate in history of Monday Night Raw
Raw XXX was a defining night for the red brand and delivered the highest domestic gate in the history of Monday Night Raw.
A sell-out crowd at the Wells Fargo Center in Philadelphia witnessed Sami Zayn's Tribal Court, an iconic moment shared between Bray Wyatt and The Undertaker, a joining of DX and Kurt Angle, the return of The Beast Brock Lesnar and much more.
