On Tuesday, May 3rd, the WWE announced its earning for the first quarter of 2023. Although lower earnings than last year, the company says it still exceeded expectations. Even with the sale to Endeavor and combining with the UFC occurred during this quarter, not much more information was included today than what had been previously […]
WWE
WWE talent allowed back on Twitch after compromise
WWE and Twitch reached a deal in which wrestlers are allowed to stream on Twitch with “almost no restrictions.” There was a prior ban by WWE which forbid wrestling talent from appearing on third party platforms. WWE talent are independent contractors and made ancillary money through Twitch streams. However, in the fall of 2020, Vince […]
The Legal Submission 55
WWE Raw gets huge ratings for day after WM
WWE-UFC combine for NewCo
A night after the WWE’s biggest event, the company announced that it would be acquired by the UFC’s parent company Endeavor. The WWE and UFC will merge into a publicly traded company with the moniker TKO. The acquisition is an all-stock transaction that list the enterprise value of WWE at $9.3 billion. In comparison, the […]