How in the world did rumors get started that AMC Networks was interested in purchasing WWE?
I’m going to show everyone exactly how this got started and how I knew the moment I saw it that it was ridiculous. An American stock market analysis website posted the following at 2:14 PM EDT on Thursday at this link:
Shares of World Wrestling Entertainment (WWE +0.6%) spiked higher in mid-day trading on a rumor that AMC Networks is interested in buying the company.
The 7% rally in WWE to all-time highs has been quickly deflated.
So you’re probably wondering, where did they get information there was a rumor about AMC Networks being interested in buying the company? Enter this blog post. I don’t know much about this “Betaville” blog, however, I can tell you it’s a subdomain hosted by the blogging service known as Blog Spot.
This resulted in headlines across the IWC that AMC Networks was interested in buying WWE. As I stated here on WrestlingNewsWorld.com, I’m not trying to sound self-righteous. However, it’s imperative that the source be considered before just running with a rumor. Had that rumor been posted on a site such as The Wall Street Journal, it would have been a different situation, however, it was on a subdomain from a writer putting credence to another ridiculous rumor that Vince McMahon is interested in buying Newcastle United.
The source must be considered before any rumor is taken seriously, especially one of this level. If you believed it, wrote about it or commented on it, that’s where and how it all got started.
Could the Andre The Giant Memorial Battle Royal become the new “King of the Ring,” a major career boost for mid carder?
It could be and as I stated, the winner of the Andre the Giant Memorial Battle Royal at Wrestlemania 30 will get a payoff, however, I’m not that optimistic about it. The bout seems more like WWE scrambling to get 30 guys on the card with no build. I hope they prove me wrong with a match that’s interesting and intriguing but again, I’m not overly optimistic. Maybe I’m just sour over how this year’s Royal Rumble match went but I don’t see how they’ll be able to effectively book a match with this many participants at the biggest show of the year without it coming off as a watered down version of the Royal Rumble. I’m on record as to writing I would rather see a Money in the Bank ladder match, as it would have more interest and intrigue. Sure, less guys would get on the card but that’s a tradeoff I’d be willing to accept.
What’s the background on the new TNA Knockout Brittany?
Brittany’s real name is Santana Garrett and her father is known on the United States independent scene. She was trained by Chasyn Rance and saw her stock rise for her work in SHINE and SHIMMER. She was actually signed in November but promoter Sal Hamaoui leaked the news in January.
What does Sting’s independent bookings this weekend say about his status with WWE?
We can’t read too much into Sting’s appearances in London this weekend. He could still be WWE bound, however, I’ve heard from the beginning he wasn’t in the plans for Wrestlemania 30. I’m not sure how much I believe that but perhaps we’ll learn more about his status after the dates this weekend. The last I heard he was rumored to be headed to WWE but had not signed a contract.
From the Ask WNW vault…
June 2010: Did Batista really quit WWE? – Batista’s WWE contract was up and he is taking time away from the business. I’ve heard he’ll be back for one last retirement tour but do not have any more details at this time.
The next installment of Ask WNW is scheduled to run on Monday, March 17, 2014.
Remember questions that are legible stand the best chance of getting answered. Check out the Ask WNW archive at this link.