On this day 25 years ago, World Wrestling Federation Entertainment, Inc., announced the acquisition of World Championship Wrestling from AOL Time Warner.
Vince McMahon’s company put the final nail in the coffin for WCW and bought the name WCW, its extensive video library, and the majority of the intellectual property rights related to all their pay-per-views, television shows, and wrestling names.
“This acquisition is the perfect creative and business catalyst for our company,” said WWF CEO Linda McMahon at the time, while WWF President and Chief Operating Officer Stuart Snyder added that the acquisition was a strategic move and called it “a perfect fit.”
The original press release said that new WCW TV shows would air on TNN in the future, but none of that happened and the WCW brand was killed off after the botched invasion storyline ended.
The full story on how it happened can be read here.
Discover more from Wrestling-Online.com
Subscribe to get the latest posts sent to your email.