According to a regulatory filing with the SEC, Vince McMahon is selling 8.4 million shares in TKO. The news comes two days after the company announced earnings for the first time since the WWE and UFC merger. The value of the stock is estimated at $700M per The Hollywood Reporter and is just 25% of […]
WWE
Smackdown moves to USA Network in new pact with NBCUniversal
Friday Night Smackdown will return to the USA Network in October 2024 after a new media deal was announced on Thursday with NBC Universal. The contract is reportedly a 5 year deal worth $1.4 billion per the WSJ. The new deal represents a 40% jump from its last deal with Fox. The incumbent appeared to […]
WWE terminates agreement with Panini, may seek injunction
WWE and its most recent card sponsor Panini are in a battle after the sports and entertainment company terminated Panini’s contract with it. However, according to WWE, Panini continues to sell WWE product which is in violation of the contract and will seek a court injunction for Panini to cease and desist. Panini and WWE […]
Vince McMahon is getting money
With the official merger between the UFC and WWE complete to form TKO, the details in the Securities and Exchange Commission filings are coming out. One of the most eye-popping is that former WWE owner Vince McMahon will receive a windfall in dividend payments, but is using it as collateral for a loan of money […]
Becky Lynch brings big ratings to NXT
NXT on the USA network drew an average of 850,000 viewers on Tuesday night. Lynch faced Tiffany Stratton in the main event of the telecast with the WWE star winning the title. The 850,000 viewers average was the biggest rating for the telecast since October 2020. Per Wrestlenomics, the telecast drew 335,000 viewers in the […]