WWE News
WWE News is all about everything that’s going on with the World Wrestling Entertainment (WWE) brand. We cover everything from rumors and spoilers to recent news about the promotion and its superstars.
Founded in 2002, WWE is an integrated media and entertainment company that produces moments of spectacle for a global audience. Its product, professional wrestling, has a rich history that includes the likes of The Rock, John Cena and The Undertaker.
The company has multiple platforms – including a pay-per-view event circuit, a network and a subscription-based service called WWE Network. It also produces a series of reality shows and movies, and is involved in licensing its intellectual property to companies.
In addition to wrestling, WWE also has interests in film and American football. Its brands are widely recognized worldwide and include the UFC, the WWE, the RAW and SmackDown brand names, as well as the WWE Network.
While McMahon’s return to WWE has prompted speculation about the company’s future, it is not clear what strategy the company will pursue next. One option is for the WWE to be sold, a move that could bring billions in cash to a buyer, such as Endeavor.
Another potential buyer is the Saudi Arabian Public Investment Fund, whose Prince Mohammed bin Salman covets US assets (the PIF owns stakes in EA and Activision Blizzard). But buying a company at this stage of its life would be a risky proposition, given the PIF’s rocky relationship with U.S. regulators, according to people familiar with the situation.