WWE: WWE being sold to Endeavor Group Holdings, forming media company $21B merger with UFC

[Unholy Diver]

Couple smaller updates. The company wants the sale done by mid-2023.

Also Nick Khan met with the CEO of Disney and the president of ESPN on Monday informally at the national championship game

Doesn't Disney own ESPN?

 

[GKJ]

Doesn't Disney own ESPN?

Yes.

The three prospective buyers are Disney, Comcast, and the Saudis. Anyone else would be a surprise right now.

 

[Scandale du Jour]

Yes.

The three prospective buyers are Disney, Comcast, and the Saudis. Anyone else would be a surprise right now.

Disney and Comcast make a lot of business sense. The Saudis? L...O...L

 

[ChuckNorris4Cup]

I've been following WWE since the late 90's, when times were good lol. Just wanted to say I have noticed a decent change for the company the last say 4 months. Never got into NXT, but kept hearing rumors of how Triple H was doing good things down there, the crowds were small at their shows so I was skeptical tbh. I was then skeptical when he was put into the creative at WWE, I always trusted Vince but agreed the show had been stale for a while under him. The shows are becoming a little more enjoyable since Triple H took over, and the young talent that went through NXT I'm liking their edgier vibe that I guess Triple H helped created down there. I also see they have another star in the making the Steiner kid down in NXT he looks like he will be good for the company going forward, looks promising for WWE but Triple H deserves some credit, Vince really needs to let Triple H do his thing imo for the best interest of WWE.

I will add I am a fan of AEW, I like what they're doing, just gives me an old WWE vibe more plus their tag team is really good, but doesn't mean I'm trying to pick sides, I want them both to succeed because competition is the best for bringing out the best in everyone.

 

[Emperoreddy]

Well allegedly maybe a fourth buyer that includes Shad and Tony Khan

 

[Emperoreddy]

Disney and Comcast make a lot of business sense. The Saudis? L...O...L

The Saudi's nake sense in that they have a f*** ton of money and some interest in wrestling.

 

[Scandale du Jour]

The Saudi's nake sense in that they have a f*** ton of money and some interest in wrestling.

Oh, I am sure they are in the hunt. I just do not see them as as good as a fit.

 

[Emperoreddy]

Oh, I am sure they are in the hunt. I just do not see them as as good as a fit.

It's definitely wouldn't be best for WWE long term or wrestling in general.

I think you gotta hope Comcast or Disney gets a deal done. Would keep or even improve the integrity of the product potentially and could be some cool ways they incorporate the product into Disneyworld or Universal studios, maybe a physical hall of fame for example.

 

[sansabri]

i dunno about going to Disneyworld and some bald guy raising hell and giving me double fingers

 

[Emperoreddy]

The Raine Group supposedly been brought on to help with the sale.

They are the ones helping the Glazers sell Man U

 

[Blitzkrug]

I still feel like Comcast ends up buying it.

You're already paying out the ass for the rights to broadcast it, why not just own it all? Could also screw Fox over by having both Raw and Smackdown at your disposal.

 

[GKJ]

I still feel like Comcast ends up buying it.

You're already paying out the ass for the rights to broadcast it, why not just own it all? Could also screw Fox over by having both Raw and Smackdown at your disposal.

I think it’s Disney over Comcast. They’ve been connected more often.

 

[Emperoreddy]

I think it’s Disney over Comcast. They’ve been connected more often.

I think they can also more readily afford it

 

[Emperoreddy]

In a Disney owned WWE, I guess the PLEs would end up on ESPN+?

Disney also owns the majority stake in Hulu.

 

[Emperoreddy]

 

[Jussi]

Just read about this. Apparently Khan and Iger met on Monday already.

 

[Emperoreddy]

Might be officially announced as done as soon as tomorrow.

Endeavor is UFC's parent company.

 

[CDJ]

Ari Emanuel doing Ari Emanuel things

 

[Emperoreddy]

Dave also mentioned a week or two back that Endeavor likes HHH running creative

 

[These Are The Days]

Get the f*** out... Vince is really gone for good this time??

 

[CDJ]

Anybody but Saudi

 

[Elvis P]

WWE near deal to be sold to UFC parent Endeavor, sources say

WWE, which is controlled by Vince McMahon, has spent the past several months looking for a buyer.

www.cnbc.com

 

[Emperoreddy]

Get the f*** out... Vince is really gone for good this time??

Not quite. He would remain as Executive Chairman of the board, but he no longer would have final say as Ari will be CEO and majority owner of the new company.

 

[GKJ]

Vince just got a new title, he isn’t going anywhere

 

[GKJ]