Money marks have held up the business forever so might as well close the business with one.

Gonna be brutal post sale when people do not want to pay the top dollar for many of these guys. Gonna be a ton of releases of top guys.

Feb 6, 2023 21:11:34 GMT c said:

Gonna be brutal post sale when people do not want to pay the top dollar for many of these guys. Gonna be a ton of releases of top guys.

HBK in BOLA!!!!!

Not this again..

TK will kill the business being the only player in town. It's as if we've reverted back to those post-WCW closure dark ages that sat over us like a thick dark cloud until at least 2015.

Vince was back in gorilla for WM with a headset, giving advice and suggestions. Slowly by surely he is returning.

Home boy just went to cancun while it died down. Honestly he probably was at every event just kept hidden lulz.

He grow the porn mustache too as a disguise.

Vince is like :

www.cnbc.com/2023/04/02/wwe-ufc-endeavor-deal.html

Biggest update we've had for a while, blimey that's huge

Something is not right. Says that the plan is to merge WWE and UFC, and Endeavor will hold 51%. Does not work that way. Or can a sale like this take place before SEC approval. Also not sure where Endeavor gets 9 billion from and why if they have majority shares that Vince is the CEO. Finally, no signs of the stocks being old, nor intent to buy a majority share stated, which is required by law.

I think NBC got jebaited hard as fuck.

Endeavor may still be buying it, but the details are not right at all.

Apr 2, 2023 20:38:17 GMT Jake said:

www.cnbc.com/2023/04/02/wwe-ufc-endeavor-deal.html

Biggest update we've had for a while, blimey that's huge

This might be bad newsfor peacock subscribers for WWE alone because UFC have their own streaming service but it’s not include live ppvs you have to pay for the live ppvs and won’t be on demand for I think 30+days after aired. Nick Kahn I believe stated maybe looking to get back to the old ppvs model people who have to pay $60 bucks for the live ppvs.

If UFC is getting a majority stake, they will milk this hard as fuck. Free PPVs likely going away super fast.  Very costly asset to buy so they need high returns.

"They're not competition"

They're the boss.

Still waiting to turn on Raw and have JJ fire Vince.

Also if the rumors are true, cost for majority is 3.5 billion based on market capitalization.

///

Also if this is true likely will see a radically different WWE next year.  Ringside surrounded by ads.  Matches sponsored by products (this ironman match brought to you by X male enhancement product, go harder and longer with X).  Massive pay cuts for all talent and no more free PPVs.  Guys likely coming out in branded gear.  It is gonna be worse than AAA I imagine.  Endeavor is not buying this for what it is, but for the value they can add.

Peeps gonna regret Tony not getting it.

Apr 2, 2023 21:52:00 GMT c said:

Also if the rumors are true, cost for majority is 3.5 billion based on market capitalization.

///

Also if this is true likely will see a radically different WWE next year.  Ringside surrounded by ads.  Matches sponsored by products (this ironman match brought to you by X male enhancement product, go harder and longer with X).  Massive pay cuts for all talent and no more free PPVs.  Guys likely coming out in branded gear.  It is gonna be worse than AAA I imagine.  Endeavor is not buying this for what it is, but for the value they can add.

Peeps gonna regret Tony not getting it.

Gonna regret it more that the Saudis didn't buy it

Well, Tony does have a major announcement for weds... I think we now know what it is...

Tony gonna announce he bought a promotion, this time one people have actually heard of!

Apr 2, 2023 22:36:26 GMT c said:

Well, Tony does have a major announcement for weds... I think we now know what it is...

Does he actually? What the fuck is it now?

Raw be the return of CM Punk who just eats donuts and shit talks people for three hours.

Apr 2, 2023 22:47:23 GMT RT said:

Apr 2, 2023 22:36:26 GMT c said:

Well, Tony does have a major announcement for weds... I think we now know what it is...

Does he actually? What the fuck is it now?

Believed the London show.

Apr 2, 2023 22:50:17 GMT c said:

Apr 2, 2023 22:47:23 GMT RT said:

Does he actually? What the fuck is it now?

Believed the London show.

He sure uses the word “Major” pretty loosely before the word announcement doesn’t he?

Major for Tony is announcing the main event of the next show at this point. Forever changing the face of wrestling, is announcing a PPV.

He could say he has an announcement that will be the biggest thing to ever happen in professional wrestling and AEW fans will be like yeah whatever at this point. 

Don't get hyped for his announcements until AFTER they happen.  If you not been following there have been dozens of these announcements and sometimes it is hard to really tell after the show what was supposed to be hyped at all because nothing major happened.

I think this week's announcement is less " major announcement " and more " hey, please don't forget about me during the biggest two weeks of the wrestling year "

Apr 2, 2023 20:38:17 GMT Jake said:

www.cnbc.com/2023/04/02/wwe-ufc-endeavor-deal.html

Biggest update we've had for a while, blimey that's huge

Endeavour has confirmed the report.

www.f4wonline.com/news/wwe/endeavor-to-buy-wwe-create-new-public-company-with-ufc

Endeavour are buying WWE and merging with it to form a new company. Vince will remain as executive chairman, with Nick Khan as president.

I wonder if Khan will stick around or depart now that the sale has concluded?

WWE and the Endeavour Group have officially merged as part of a $21 billion venture.

- itrwrestling.com

In a press release published by the company, the new publicly listed company will consist of 51% ownership of Endeavour and 49% of existing shareholders of the company.

Ariel Emanuel, who is the CEO of Endeavour, has stated his reasons behind the joint venture:

“This is a rare opportunity to create a global live sports and entertainment pureplay built for where the industry is headed,” said Ariel Emanuel, CEO of Endeavor. “For decades, Vince and his team have demonstrated an incredible track record of innovation and shareholder value creation, and we are confident that Endeavor can deliver significant additional value for shareholders by bringing UFC and WWE together.”

Executive Chairman Vince McMahon has also praised the new business move, stating that this is the best option for the shareholders of the company and the new company will be in a better position to negotiate further media rights deals:

“Given the incredible work that Ari and Endeavor have done to grow the UFC brand – nearly doubling its revenue over the past seven years – and the immense success we’ve already had in partnering with their team on a number of ventures, I believe that this is without a doubt the best outcome for our shareholders and other stakeholders,” said Vincent K. McMahon, Executive Chairman of WWE. Together, we will be a $21+ billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity. The new company will be well positioned to maximize the value of our combined media rights, enhance sponsorship monetization, develop new forms of content and pursue other strategic mergers and acquisitions to further bolster our strong stable of brands. I, along with the current WWE management team, look forward to working closely with Ari and the Endeavor and UFC teams to take the businesses to the next level.”

The new company will be led by Emanuel and McMahon, who will continue their roles as CEO and Executive Chairman of the Board respectively. Mark Shapiro has been announced as the President and Chief Operating Officer of both Endeavour and the new company. Dana White will continue as UFC President and Nick Khan will remain as President of WWE. The board will consist of 11 members to be announced at a later date, with 6 being from Endeavour and 5 being from World Wrestling Entertainment.

The press release adds the value of each company as a result of the transaction. The Ultimate Fighting Championship has a value of $12.1 billion, while World Wrestling Entertainment is valued at $9.3 billion. With the company name still to be announced, the new venture will be listed on the New York Stock Exchange as TKO.

We'll need a name change on the thread c or @admin.

I don't care about this business about DIS BUSINESS~!, but why the fuck did they throw that Wrestlemania spoiler in the last line? What the fuck?

I wish I knew that spoiler in advance, then I wouldn't have stayed up until 5am!