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RUMOR KILLER CONCERNING WWE SELLING STREAMING RIGHTS TO ESPN

RUMOR KILLER CONCERNING WWE SELLING STREAMING RIGHTS TO ESPN

Rumors are always everywhere regarding to every field and every profession. Similarly there are rumors about the wrestling world that are mostly related to the company the new recruits and projects signed or about the wrestlers respectively. WWE is an industry which has always been a subject of rumors for several reasons because it has a large fan base and this is what it makes it famous as well as prone to rumors. There are changings that are made everything in terms of the arrangement of matches in a certain event or the wrestlers as well as about the rights of streaming sold to any network like FOX, ESPN and so on.

Previously the company decided to reduce the services of their co-presidents which resulted in the lowering down of its stocks. The reason behind this act was that their ideas were contrasting the ideas of Vince McMahon. Moreover it has been reported that Michelle Wilson and George Barrios were not in favor of the Vince was collecting up the talent because it was reducing the profit margin. After all of this being done and dusted we have got to know recently that WWE has now brought up their stocks and it is not due to any forthcoming deal.

McMahon has talked about that the company was in the negotiation process with certain people to sell their pay per view events to them in the 4th investor’s call in 2019. According to the reports by Dave Meltzer the company is thinking upon the idea of selling their streaming rights to the ESPN. The stock high up to $2.50 after this rumor spread but the two is not yet connected. The deal has not been set yet but let’s sees what the company is up to.

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