Q&A: Actor John Cena makes time for wrestling, Hollywood
The 45-year-old ubiquitous Hollywood heavyweight can be spotted pretty much everywhere these days, from studio lots to the squared circle. CENA: That’s way above my paygrade. I love Vince McMahon. There's no way I can go on record and say I don't love Vince McMahon. CENA: I’m feeling my age, so to speak.
wftv.comWWE's Vince McMahon is back after misconduct investigation
Vince McMahon is rejoining the board of WWE several months after he retired from the sports entertainment company during an investigation into alleged misconduct. WWE said Friday that McMahon, the founder and majority shareholder of WWE, would return as executive chairman. McMahon retired as WWE's chairman and CEO in July. McMahon appeared to address that possibility in a letter to the board, dated Dec. 20, but published Friday. Vince McMahon has been among the most recognizable faces at WWE for decades.
wftv.comWWW's Vince McMahon is back after misconduct investigation
Vince McMahon is rejoining the board of WWE several months after he retired from the sports entertainment company during an investigation into alleged misconduct. WWE said Friday that McMahon, the founder and majority shareholder of WWE, would return as executive chairman. McMahon appeared to address that possibility in a letter to the board, dated Dec. 20, but published Friday. McMahon controlled a majority of company shares even after his retirement, giving him the power to engineer a board shakeup upon his return. Vince McMahon has been among the most recognizable faces at WWE for decades.
wftv.comWWE's McMahon says he is retiring amid misconduct probe
WWE Vince McMahon FILE - WWE Chairman and Chief Executive Officer Vince McMahon is pictured at the Connecticut Republican Convention in Hartford, Conn., May 21, 2010. In a brief statement issued by the company Friday, July 22, 2022, McMahon said he is retiring as WWE’s chairman and CEO. In a brief statement issued by WWE, McMahon said he is retiring as the company's chairman and CEO. McMahon stepped down temporarily as CEO and chairman of WWE in mid-June during an investigation into alleged misconduct. Earlier this month, the Wall Street Journal reported McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity.
wftv.comWWE's Vince McMahon says he is retiring
NEW YORK — (AP) — World Wrestling Entertainment impresario Vince McMahon says he is retiring. In a brief statement issued by the company Friday, McMahon said he is retiring as WWE’s chairman and CEO. McMahon stepped down as CEO and chairman of WWE in mid-June during an investigation into alleged misconduct. Earlier this month, the Wall Street Journal reported McMahon agreed to pay more than $12 million over the past 16 years to suppress allegations of sexual misconduct and infidelity. This material may not be published, broadcast, rewritten or redistributed without permission.
wftv.comWWE CEO Vince McMahon announces retirement
Vince McMahon Vince McMahon attends a press conference to announce that WWE Wrestlemania 29 will be held at MetLife Stadium in 2013 at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. (Michael N. Todaro/Getty Images, File)Vince McMahon, the chairman and CEO of World Wrestling Entertainment, announced his retirement Friday, weeks after he stepped back from his role with the company amid an investigation into alleged misconduct. #WWE #thankful — Vince McMahon (@VinceMcMahon) July 22, 2022“As I approach 77 years old, I feel it’s time for me to retire as Chairman and CEO of WWE,” he said in a statement released Friday by the WWE. The organization underwent a seismic transformation under McMahon with events like WrestleMania, a premium live production that draws millions of fervent viewers. Four women — all formerly affiliated with WWE — signed agreements with McMahon, 76, that bar them from discussing their relationships with him, the Journal reported.
wftv.comLong-time WWE chairman and CEO Vince McMahon announces retirement from company amid misconduct allegations
(Photo by Michael N. Todaro/Getty Images)(Warning: This story contains allegations of sexual misconduct.) Long-time WWE chairman and CEO Vince McMahon is retiring from the company. #WWE #thankful — Vince McMahon (@VinceMcMahon) July 22, 2022In a statement released by the company, McMahon called it a privilege to entertain the fans for so many years. McMahon said the company was in good hands, specifically mentioning his daughter, Stephanie McMahon, and Nick Khan, both of who hold the title of Co-CEO. Vince McMahon retires following misconduct allegationsMcMahon stepped down from his position in June following reports of alleged misconduct.
wftv.comVince McMahon retires as chief of WWE amid probes into alleged misconduct
Vince McMahon attends a press conference at MetLife Stadium on February 16, 2012 in East Rutherford, New Jersey. WWE CEO Vince McMahon announced Friday that he was retiring as chief of the pro wrestling company, a move that comes one month after its board said it was investigating allegations of misconduct against him. This is breaking news. Please check back for updates.
cnbc.comVince McMahon will step down during WWE misconduct probe
WWE Vince McMahon FILE - Vince McMahon stands at Republican state convention in Hartford, Conn., Friday, May 18, 2012. (AP Photo/Jessica Hill, File) (Jessica Hill)Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the longtime leader and public face of the organization. McMahon will continue to oversee WWE’s creative content during the investigation, World Wrestling Entertainment said Friday, and named McMahon’s daughter, Stephanie, as interim CEO and chairwoman. Vince McMahon will appear on its live show "SmackDown" later Friday, WWE said on Twitter after it announced the changes in leadership of the organization. Shares of World Wrestling Entertainment Inc., based in Stamford, Connecticut, slid less than 1% at the opening bell Friday.
wftv.comInvestigation at WWE upends leadership; McMahon steps aside
WWE Vince McMahon FILE - Vince McMahon stands at Republican state convention in Hartford, Conn., Friday, May 18, 2012. (AP Photo/Jessica Hill, File) (Jessica Hill)Vince McMahon is stepping down as CEO and chairman of WWE during an an investigation into alleged misconduct involving the longtime leader and public face of the organization. McMahon will continue to oversee WWE’s creative content during the investigation, World Wrestling Entertainment said Friday. I have also pledged to accept the findings and outcome of the investigation, whatever they are,” McMahon said in a prepared statement Friday. Shares of World Wrestling Entertainment Inc., based in Stamford, Connecticut, slid 4% before the opening bell Friday.
wftv.comVince McMahon steps aside as WWE CEO amid probe of hush-money allegations
The company said it was investigating alleged misconduct from McMahon and John Laurinaitis, the head of talent relations, after the Wall Street Journal reported that McMahon paid a secret $3 million to a former employee who was involved in an affair.
washingtonpost.comStephanie McMahon stepping away from WWE to focus on family
Leaving WWE: Stephanie McMahon said she was stepping down from her role at WWE to focus on her family. “As of (Friday), I am taking a leave of absence from the majority of my responsibilities at WWE,” Stephanie McMahon wrote on Twitter. — Stephanie McMahon (@StephMcMahon) May 19, 2022Vince McMahon will be the only family member with an active role in the company. Stephanie McMahon has been with WWE since 2000 and was promoted to executive vice president of creative writing in 2007, People reported. The WWE’s executive vice president announced he was leaving the ring after having cardiac surgery in September 2021.
wftv.comDo you smell what Bezos is cooking? Amazon could buy the WWE, analyst predicts
Amazon could potentially tag-team with the world's biggest wrestling brand to gain an advantage in the streaming wars, according to a Needham. Not only could the Jeff Bezos-led tech retail juggernaut buy the streaming rights to World Wrestling Entertainment content, but it also could potentially buy the whole company one day, Needham analyst Laura Martin said. "We believe that such a licensing deal would put AMZN in the best spot to purchase all of WWE, whenever the family is ready to exit," Martin said. WWE's over-the-top streaming platform would be attractive to Amazon or other streaming services because it brings in a loyal fanbase, unlike new shows the companies are developing. "WWE's live programming is highly differentiated and its Raw, Smackdown and NXT brands are worth more than being any one of 500 series that have no builtin audience or brand," Martin said.
cnbc.comHere are some of the best analyst calls of the week on Wall Street including PayPal, WWE
Here are some of the best analyst calls on Wall Street this week:MKM - World Wrestling Entertainment, buy ratingMKM reiterated its buy rating on World Wrestling Entertainment this week. The analyst said the company has the "best multi-year growth potential" within the firm's media and entertainment universe. "A series of meetings we hosted last week with WWE management reinforced our view the company has the best multi-year growth potential within our Media & Entertainment universe. "We also expect PayPal to benefit from non-Amazon retailers' significant investment in online sales and digitally originated sales capabilities that more effectively compete against Amazon than in years past. While still the dominant online retailer, Amazon does not have the lock on online sales that is often perceived."
cnbc.com