On Monday, Florida jury tacked on an additional $25.1 million punitive damages award for Hulk Hogan. This amounts to a total of $140.1 million awarded to the former pro wrestler after the jury found in his favor and awarded him $115 million this past Friday. Gawker Media was ordered to pay $15 million while Nick […]
WWE
Jury awards Hogan $115M in Gawker lawsuit
On Friday, a Florida jury awarded Hulk Hogan $115 million in damages against news entity Gawker after it posted a sex tape of Hogan without his knowledge. It is too early to know whether Gawker will appeal but according to CNN Reporter Tom Kludt Florida law requires a party to post a bond for the […]
WWE stock downgraded a day after Q4 earnings announcement
The WWE posted strong fourth quarter earnings as revenue increased 21% to $658.8 million, the highest in Company’s history. However, that was not enough for investors as the stock was downgraded a day after the earnings announcement. The WWE reported a net loss of $1.2M adjusted for non-recurring costs which equated to a profit of […]
The Wrestling Post – Ross replaces Ranallo as New Japan announcer
AXS TV announced that former WWE announcer Jim Ross will join AXS TV’s “New Japan Pro Wrestling” as its play-by-play commentator. Ross will join former UFC Heavyweight Champion Josh Barnett to call the action starting Friday, March 4th. Via the AXS TV press release: A WWE Hall of Famer, Ross was known as the voice […]
2015: The year in pro wrestling
We leave the last review of 2015 to that of professional wrestling. Let’s do some quick hits before we get to the high spots. New Japan debuted on AXS TV to rave reviews. Mauro Ranallo and Josh Barnett served as the English commentators for the shows. Ranallo recently made the move from New Japan and […]