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    Former Attorney General of Louisiana launches WWE investigation

Former Attorney General of Louisiana launches WWE investigation

Former Attorney General of Louisiana, Charles C. Foti, Jr., Esq., a partner at the law firm of Kahn Swick & Foti, LLC, announced that KSF has commenced an investigation into WWE following the announcement of their new TV deal with NBC Universal. KSF’s investigation is focusing on whether WWE and/or

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    Investment company calls for replacement of WWE’s executive management

Investment company calls for replacement of WWE’s executive management

Lemelson Capital has announced that they bought a stake in WWE at the new low price and is calling the Board of Directors to replace the executive management team of the company following losses and misstatements. “WWE has affirmed that even with one million subscribers for its WWE network, the

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    Vince McMahon no longer a billionaire

Vince McMahon no longer a billionaire

Vince McMahon is no longer a billionaire. It’s not that he’s broke or anything, but yesterday’s big sell-off of WWE stocks left a $350 million dent in McMahon’s pockets, putting his net worth now at an estimated $750 million according to Forbes. A total of 41 million WWE shares traded

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    McMahon and Barrios to face investors on Monday in conference call

McMahon and Barrios to face investors on Monday in conference call

WWE will be doing some damage control on Monday, May 19, as Chairman and CEO Vince McMahon along with Chief Strategy and Financial Officer George Barrios will face the wrath of investors during a conference call beginning at 11:00AM EST. The conference call will be held to discuss the business

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    Who was in charge of WWE’s new TV deal negotiations?

Who was in charge of WWE’s new TV deal negotiations?

The man who advised WWE and spearheaded the negotiations of the new television deal was Chris Bevilacqua, the co-founder of Bevilacqua Helfant Ventures, a company based in New York City which focuses on media and commercial rights advisory services and investment opportunities in sports and entertainment. While Bevilacqua track record

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    WWE signs Price Devitt from New Japan Pro Wrestling

WWE signs Price Devitt from New Japan Pro Wrestling

PWInsider.com is reporting that WWE has signed 32 year old Fergal Devitt who wrestles under the name of Prince Devitt. The Irish-born wrestler is best known for working at New Japan Pro Wrestling, starting with the company back in 2006. He held the IWGP Junior Heavyweight title three times and

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    Investors bodyslam WWE in early trading

Investors bodyslam WWE in early trading

Investors punished WWE big time today as stocks fell almost 50% as soon as the trading day started on Wall Street, losing over $9 from their price. At time of this writing, trading was at $10.73. Analysts have also voiced concerns that the company’s return to profitability may happen later

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    WWE stocks down almost 24% following WWE press release

WWE stocks down almost 24% following WWE press release

WWE stocks took a massive beating on Wall Street in after hours trading yesterday after the company announced its press release that it has reached a new deal with NBC Universal to keep all WWE shows on USA Network, SyFy, and E! After closing the regular trading day at $19.93,

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    WWE and NBC Universal announce new TV deal

WWE and NBC Universal announce new TV deal

WWE and NBC Universal signed a new multi-year deal that will keep Monday Night RAW on USA Network, Smackdown on SyFy and Total Divas on E! for the next few years. The announcement was made yesterday by Paul “Triple H” Levesque, WWE Executive Vice President Talent, Live Events & Creative,

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    Daniel Bryan undergoes successful neck surgery

Daniel Bryan undergoes successful neck surgery

Current WWE World Heavyweight Champion Daniel Bryan underwent successful neck surgery today in Pittsburgh, Pennsylvania, under the care of Dr. Joseph Maroon, WWE’s Medical Director. WWE.COM said in an update that Bryan underwent a procedure known as a cervical foraminotomy to decompress the nerve root. Bryan is already out of

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    Variety says new WWE/NBC Universal deal not yet done, but very close

Variety says new WWE/NBC Universal deal not yet done, but very close

Variety is reporting that the new TV deal between WWE and NBC Universal is being finalized however as of this morning the new contract has not yet officially been signed but sources close to the talks said it should be imminent. Unlike other reports, Variety, citing their own sources, say

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    Bella Twins at NBC Upfronts in New York today

Bella Twins at NBC Upfronts in New York today

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    Roman Reigns injured at opening European WM Revenge Tour in Scotland

Roman Reigns injured at opening European WM Revenge Tour in Scotland

One third of The Shield, Roman Reigns, suffered a nasty cut above his right eye last night during his match against Randy Orton inside a steel cage. The match between the two headlined the Glasgow, Scotland, opening show of the WrestleMania Revenge Tour in Europe. “Good story behind this..” Reigns

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    Analysts say new WWE TV deal is not what WWE wanted money-wise

Analysts say new WWE TV deal is not what WWE wanted money-wise

Rumors of the imminent deal announcement of WWE’s new TV contract sent WWE stocks up over 5% today, hitting $19.90 a piece at one point in late-day trading. WWE is currently receiving $140 million for TV rights from NBC Universal, a figure which WWE is trying to double under a

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    Total Divas latest episode draws lowest viewership for the whole series

Total Divas latest episode draws lowest viewership for the whole series

Just like it was a bad week for RAW, it was an even worse week for Total Divas as episode eight of the series drew its lowest rating ever over the two seasons so far. Titled “Red and Gold” and mainly covering Eva Marie’s and Summer Rae’s fallout, the show

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    RAW rating for 05/12/2014

RAW rating for 05/12/2014

Monday Night RAW barely passed the 4 million viewer mark this week getting only an average of 4,006,000 viewers for the three hour show, down over quarter of a million viewers from the previous week. Hour one did 3,810,000 viewers, then went up to 4,251,000 in the second hour before

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    WWE title situation to be addressed on RAW

WWE title situation to be addressed on RAW

The state of the WWE World Heavyweight title will be addressed on Monday Night RAW next week which airs on tape delay from London, England. Daniel Bryan is not making the trip as he is scheduled to undergo neck surgery tomorrow, surgery which he himself announced to be having this

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    WWE kicks off long European WrestleMania Revenge Tour tomorrow

WWE kicks off long European WrestleMania Revenge Tour tomorrow

WWE kicks off its yearly WrestleMania Revenge Tour in Europe tomorrow, visiting a total of 11 countries for 20 shows in 11 days. The tour starts on May 14 in Glasgow, Scotland, at the SSE Hydro. On May 15, WWE visits the Newcastle Metro Radio Arena in Newcastle, England, and

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    Monday Night Raw TV Report for 05/12/2014

Monday Night Raw TV Report for 05/12/2014

After being demolished by Evolution last week on both Raw and Smackdown, how will The Shield rebound tonight? Kane seemed to spook the living daylights out of WWE World Heavyweight Champion Daniel Bryan and his wife, Brie Bella. Will Bryan gain a measure of revenge, and what match between these

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    Daniel Bryan to undergo neck surgery this week

Daniel Bryan to undergo neck surgery this week

Current WWE World Heavyweight champion Daniel Bryan is undergoing neck surgery this Thursday and will be out of action for a couple of weeks. Bryan announced the news during a segment on RAW last night and said that he would be back, with no mention on the state of the

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