World Wrestling Entertainment (WWE) and Ultimate Fighting Championship (UFC) have agreed to merge and create a newly combined wrestling entertainment company. The new entity will be called “NewCo,” until it is named at a later date, and will be listed on the New York Stock Exchange as TKO. WWE and Endeavor, the parent company of…
WWE Co-CEO Stephanie McMahon Resigns, Vince Returns as Executive Chairman
World Wrestling Entertainment elected former chief Vince McMahon as the executive chairman of the board on Tuesday, the company said, adding that co-chief executive officer and chairwoman Stephanie McMahon resigned from her role. Nick Khan will serve as the new WWE CEO, the entertainment firm added. Vince McMahon, 77, returned to the board last week…
Former WWE Wrestler and ‘Tough Enough’ Winner Sara Lee Dies at 30
Sara “Weston” Lee, a past season winner of World Wrestling Entertainment’s (WWE) popular “Tough Enough” show, has died, her family announced. She was 30. “It is with heavy hearts that we share the news that our Sara Weston has gone to be with Jesus,” her mother, Terri Lee, wrote in an emotional post on social…
WWE Probe Of Former CEO Vince McMahon Reveals $14.6 Million In Unrecorded Expenses
World Wrestling Entertainment Inc., in a regulatory filing submitted to the U.S. Securities and Exchange Commission (SEC) on Monday, disclosed $14.6 million in “Unrecorded Expenses” that could be related to the hush money payouts former CEO Vince McMahon allegedly made as previously reported by the Wall Street Journal. “The Company has made a preliminary determination that…
Vince McMahon Says He Is Retiring From WWE Amid Misconduct Probe
World Wrestling Entertainment (WWE) impresario Vince McMahon announced Friday he is retiring amid an investigation into alleged misconduct involving the showman who turned a small wrestling company into a worldwide entertainment business. In a brief statement issued by WWE, McMahon said he is retiring as the company’s chairman and CEO. He noted that he remains…
Vince McMahon Retiring as WWE Chairman and CEO Amid Misconduct Probe
World Wrestling Entertainment (WWE) impresario Vince McMahon announced Friday he is retiring amid an investigation into alleged misconduct involving the showman who turned a small wrestling company into a worldwide entertainment business. In a brief statement issued by WWE, McMahon said he is retiring as the company’s chairman and CEO. He noted that he remains…
WWE’s Vince McMahon Steps Back from CEO Role Amid Misconduct Probe
Vince McMahon, who founded World Wrestling Entertainment (WWE) and has helmed it for years, has now “voluntarily stepped back” from his role as the firm’s CEO and Chairman amid a probe into his alleged misconduct. The WWE board of directors made the announcement in a June 17 statement, which also noted that a special committee has…
Scott Hall, Wrestling Superstar and 2-Time WWE Hall of Famer, Dead at 63
Scott Hall, a wrestling superstar and two-time World Wrestling Entertainment (WWE) Hall of Famer, died on Monday after suffering complications from surgery. He was 63. WWE said in a statement on March 14 it was “saddened to learn” that Hall, who wrestled as the character “Razor Ramon” and revolutionized the wrestling-entertainment industry as a founding…
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