Lemelson Capital Management, a private investment management firm, announced on Friday they have a stake in shares of WWE and are calling on the Board of Directors to replace the executive management team or explore the sale of the business. The firm called on the changes following “a period of consistent losses, execution issues and […]
Vince McMahon lost $340 million on Friday due to shares of WWE falling more than 40%. According to Forbes.com, McMahon’s net worth is now estimated at $760 million, meaning he is no longer a billionaire. The drop comes in response to WWE announcing their new domestic TV licensing agreement with NBCUniversal. While investors were expecting […]
- Wrestling News World reader Patrick Peralta sent this link that goes to some depressing photos of the Pontiac Silverdome. The venue hosted a crowd of 93,173 on March 29, 1987 for Wrestlemania III. – One day after announcing their new domestic TV licensing agreement with NBCUniversal and watching their stock price fall in excess […]
WXW Wrestling has announced that WWE has signed Noah Kekoa to a developmental contract. Kekoa attended the Afa the Wild Samoan’s Wild Samoan Pro-Wrestling Training Center on a scholarship and became a standout. He’ll report to the WWE Performance Center in Orlando, Florida.
Prince Devitt is rumored to have signed a developmental contract with WWE, however, he’s anything but confirming the news on Twitter. The following is from Twitter: @fergaldevitt Breaking News : Prince Devitt Sign With Tottenham Spurs pic.twitter.com/Q1IUYe3BUF — ILYASS? (@ilyassking1) May 15, 2014 I am delighted to announce I have just SIGNED a new 2 […]
Roman Reigns worked Thursday’s WWE live event in Newcastle, England, going over Randy Orton in a street fight. Reigns was injured at Wednesday’s show in Glasgow, where he suffered a deep gash above his right eye. He was checked out for a concussion but was cleared. Click here for WWE live event results from Newcastle.
One of the biggest proposed changes in WWE’s new domestic TV licensing deal was the possibility of taking Smackdown live. That didn’t end up happening as Raw and Smackdown will continue to air in their current form in the United States on the USA Network and SyFy respectively. The reason WWE was willing to incur […]
WWE continues their 2014 post-Wrestlemania 30 European tour over the weekend and will tape TVs in London next week. Below is this weekend’s schedule: Live Events: Friday from First Direct Arena in Leeds, England (more info) Friday from Palaolimpico in Turin, Italy (more info) Saturday from Nottingham Capital FM Arena in Nottingham, England (more info) […]
WWE’s stock price is in heavy decline following the announcement of their new domestic TV licensing deal with NBCUniversal on Thursday. As I type this, the stock is currently down 45.56%, trading at $10.85 per share. The reason is because WWE’s new domestic TV deal is well below expectations. Vince McMahon was confident WWE would […]
Below are quick results from Thursday’s WWE live event in Newcastle, England: * Justin Roberts announced fans had 20 minutes to receive a refund due to the absence of WWE World Heavyweight Champion Daniel Bryan. Randy Orton came out and cut a promo on Roman Reigns. RybAxel ran in and the rest of The Shield […]
Below are quick results from Thursday’s WWE live event in Rome, Italy: * Cesaro b. Dolph Ziggler * Heath Slater b. Brodus Clay * Alicia Fox b. Aksana * Sami Zayn b. Damien Sandow * WWE Tag Team Champions The Usos b. Goldust & Cody Rhodes and Erick Rowan & Luke Harper * Los Matadores […]
WWE announced on Thursday they have reached a multi-year agreement in principle with NBCUniversal for the renewed US licensing of Raw and Smackdown. In an official press release, the company noted they expect to double or triple their OIBDA results to a range of $125 million to $190 million by 2015. Below is the official […]
Many were speculating whether WWE and NBC Universal would agree to a new television deal, but the speculation can now come to a close the announcement was made that both sides reached an agreement of a new strategic multi-year television deal. Below is the press release: NEW YORK AND STAMFORD — NBCUniversal Cable Entertainment and […]
We reported earlier here at WrestlingNewsWorld.com that WWE World Heavyweight Champion Daniel Bryan underwent a procedure known as a cervical foraminotomy to decompress the nerve root on Thursday. We did a little more research so you could good an idea of what the procedure entails. The following is information about a cervical foraminotomy courtesy of […]
WWE World Heavyweight Champion Daniel Bryan underwent successful surgery on Thursday to repair a neck injury. According to an update posted by WWE.com, Bryan underwent a procedure known as a cervical foraminotomy to decompress the nerve root. The surgery was performed by Dr. Joseph Maroon in Pittsburgh, PA. A timetable for Bryan’s return to the […]