Going Ringside Ep. 12: Current business status of WWE & AEW

  • 📰 wjxt4
  • ⏱ Reading Time:
  • 61 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 28%
  • Publisher: 63%

Business News News

Business Business Latest News,Business Business Headlines

Considerable — almost seismic — events have occurred in the world of pro wrestling since the debut of the “Going Ringside” podcast.

in the lead up to the merger following a lengthy hiatus from the company following a sexual harassment scandal.

But something that will be inevitable eventually is McMahon can no longer manage the company even if he retains his 49% share of the company. McMahon will turn 78 in August. As far as longevity of the longtime WWE owner, his father Vince Sr. passed away at the age of 69. But his mother Vicky Askew lived to be 101 and passed away only a few years ago. So it’s unclear how long he can stay on board the company. Then the question becomes: who takes over when he’s gone.

It’s also unclear what will happen to the media rights deals for WWE. Currently WWE airs its primary shows Raw and Smackdown on USA and Fox respectively.while the deal with Peacock where the company streams its library of content expires in 2026. WWE also appears to be keeping strong ties with Saudi Arabia. The company has upcoming Pay-Per-View events in the Kingdom as they have for several years which is a profitable market for them. Late last year reports surfaced that WWE had in fact been sold to a Saudi Arabian.But the Kingdom’s Public Investment Fund is worth hundreds of billions of dollars, considerably more than WWE and Endeavor combined. Their deal is reported to be worth just north of $21 Billion.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 246. in BUSİNESS

Business Business Latest News, Business Business Headlines