-
Trump's Department Of Education Secretary Pick Linda McMahon Owns TKO Stock Thanks To Famous Wrestling Past
Monday, November 25, 2024 - 2:30pm | 902Linda McMahon is no stranger to working with President-elect Donald Trump and will likely be a member of the new White House administration pending an official nomination and Congressional approval. Here's a look at McMahon's history with Trump and her investing portfolio linked to her long-running...
-
Vince McMahon Slams Netflix, Breaks 17-Month Silence On Upcoming Docuseries About WWE Career: It Will 'Leave Viewers Confused'
Tuesday, September 24, 2024 - 11:18am | 941Longtime WWE CEO Vince McMahon voiced his frustration with how he is being portrayed in an upcoming Netflix Inc (NASDAQ:NFLX) series. What Happened: In a tweet, McMahon's first post on X.com since April 3, 2023, the 79-year-old wrestling promoter didn’t seem pleased with an early cut of the...
-
Will Trump Body-Slam 2024 Election? New Transition Team Co-Chair Led WWE For Decades
Friday, August 16, 2024 - 1:17pm | 731The McMahon family is synonymous with wrestling thanks to their founding and building of World Wrestling Entertainment (WWE). The family's relationship with former President Donald Trump could be a big storyline for the 2024 election. What Happened: Former WWE President and CEO Linda McMahon was...
-
Dwayne Johnson Pins Down 'The Rock' Trademark After WWE-Netflix Deal: 'My Crazy Life Is Coming Full Circle'
Tuesday, January 23, 2024 - 6:55pm | 902Former professional wrestler and actor Dwayne Johnson has become synonymous with "The Rock," his wrestling persona and nickname. The former wrestler is joining the Board of Directors of TKO Group Holdings, the parent company of the WWE, as announced Tuesday morning. As part of the announcement,...
-
WWE And UFC Merge On Tuesday: Here's What You Need To Know
Monday, September 11, 2023 - 5:30pm | 341Vince McMahon, who has maintained independent majority control of World Wrestling Entertainment, Inc (NYSE: WWE) for more than 40 years, is on the cusp of ushering the company into a new era. On Tuesday, WWE will merge with UFC parent company Endeavor Group Holdings Inc (NYSE: EDR)....
-
Emanuel, McMahon Tout Knockout Deal And 'Next Evolution' Of WWE: 'This Is UFC 2.0'
Monday, April 3, 2023 - 11:59am | 651Endeavor Group Holdings Inc (NYSE: EDR) has a stronghold on the combat sports world after completing a knockout deal with World Wrestling Entertainment Inc (NYSE: WWE). Endeavor CEO Ari Emanuel and the longtime face of WWE Vince McMahon discussed their new tag-team...
-
Bet On A Scripted Wrestling Match? WWE CEO Says Promotion Is Exploring The Idea, And A Sale
Friday, March 31, 2023 - 9:01am | 423World Wrestling Entertainment, Inc. (NYSE: WWE) CEO Nick Khan on Thursday expressed optimism regarding the potential sale of the company, and for legalized betting on WWE matches, despite opposition from gaming and legal sports book companies. What Happened: Khan told CNBC that the pro-wrestling...
-
Benzinga Buzz: Oscars, Trump Letters, Elon Musk, Leo Messi, MrBeast, Chris Rock, Jay-Z & More
Saturday, March 11, 2023 - 11:37am | 1393Each week, Benzinga compiles the latest entertainment news into a cohesive column for your consideration. Read on for the latest updates — both useful and irreverent. Trophy Life. The Academy of Motion Picture Arts & Sciences didn't offer an explanation as to why it rejected a...
-
WWE Reportedly Wants To Legalize Betting On Scripted Matches In 2 States
Thursday, March 9, 2023 - 1:28am | 508World Wrestling Entertainment, Inc. (NYSE: WWE) has held talks with state gambling regulators in Colorado and Michigan to legalize betting on scripted match results. What Happened: The professional wrestling promotion is working with accounting company EY (Ernst & Young) to secure the results...
-
WWE Admits Pro Wrestling Is Performance, Not Sport, On This Day In Market History
Friday, February 10, 2023 - 1:46pm | 344Benzinga takes a look back at a notable market-related moment that occurred on this date. What Happened? On Feb. 10, 1989, World Wrestling Entertainment, Inc. (NYSE: WWE) admitted professional wrestling is a performance rather than a sports competition. Where Was The Market? The S&P 500...
-
WWE May Have Chosen The Perfect Time To Explore A Sale: 'Royal Rumble' Numbers Released
Monday, January 30, 2023 - 5:34pm | 410While the boardroom at World Wrestling Entertainment, Inc. (NYSE: WWE) is undergoing a seismic shift, with its founder Vince McMahon recently returning, and his daughter, Stephanie McMahon stepping down as co-CEO, the business itself is in a great place as the company explores a potential sale....
-
WWE, Saudi Arabia's Problematic Yet Profitable Past: Sale Rumors Swirl As Co-CEO Resigns
Wednesday, January 11, 2023 - 12:30pm | 430World Wrestling Entertainment (NYSE: WWE) is still for sale Wednesday. The wrestling promotion was the subject of widespread rumors this week concerning a deal with Saudi Arabia's Public Investment Fund, but multiple media sources are confirming that the company has not been sold...
-
World Wrestling Entertainment (WWE) Stock Climbs The Ropes To 52-Week Highs: What's Going On?
Wednesday, January 11, 2023 - 10:05am | 256World Wrestling Entertainment Inc (NYSE: WWE) shares are moving higher Wednesday after the company was reportedly sold to Saudi Arabia's Public Investment Fund. What Happened: Late Tuesday, WWE announced management changes. The WWE board unanimously elected former...
-
WWE Reportedly Sold To Saudi Arabia's Private Investment Fund Hours After Vince McMahon Takes Helm
Wednesday, January 11, 2023 - 1:06am | 497World Wrestling Entertainment, Inc (NYSE: WWE) has reportedly been sold to Saudi Arabia Public Investment Fund. What Happened: The purchase means that the WWE will no longer be a publicly traded company, reported Fox News. The development takes hours after the company said that Stephanie McMahon...
-
Vince McMahon Returns To WWE Board Despite Sexual Abuse Allegations: Here's Why
Friday, January 6, 2023 - 12:53pm | 463Vince McMahon, the boisterous and flamboyant majority owner of World Wrestling Entertainment Inc (NYSE: WWE), who stepped down from his long-tenured CEO position in July, returned to the board of directors on Friday to lead the review process for the potential sale of the company. What Happened:...