is not throwing in the towel just yet. The former WWE chairman is in the beginning stages of creating a new entertainment company, according to aDespite his ongoing legal issues, McMahon's new venture is being described as an "entertainment hub company" and will reportedly focus on producing film and TV projects in the realms of fiction and non-fiction.
Kristen Prouty, a former WWE executive instrumental in ushering Logan Paul into the WWE family, is also reportedly connected to the project. She was laid off in May following Endeavor's purchase of the global pro wrestling promotion.PWInsider's sources claim that McMahon will not pursue the formation of a new pro wrestling company nor anything competitive with WWE.