The WWE has been in the news a lot lately, and not just because of the recent Royal Rumble event, as fans speculate whether Vince McMahon’s return will usher in the sale of the company. While rumors are fast and furious that the Kingdom of Saudi Arabia could buy the company, the latest investor call for World Wrestling Entertainment was one to watch for many fans following the news. With President Nick Khan on the call, the senior took the opportunity to discuss licensing rights if WWE were to be sold.
During the latest investor call, Khan did not specify who the specific buyer would be, but did note that the WWE had been answering calls from companies that might be interested in buying the wrestling organization. With World Wrestling Entertainment’s library currently available to watch on NBC’s streaming service, Peacock, Khan assured listeners on the call that if the company were sold, the library and licensing rights would remain in effect until some time after WrestleMania’s this year, when the renewal rights would arrive.
Surprisingly, while speaking with investors, Khan touched on the idea of whether a potential sale would be impacted by Vince McMahon’s role at the company and a possible future with a new owner:
“Yes. It’s all about shareholder value. It’s not about what role he will have.”
Last month, President Nick Khan took the opportunity to discuss the possibility of World Wrestling Entertainment being sold, while highlighting the idea that the professional wrestling organization has become a “global content company”:
“If it was ever a mom-and-pop store, Vince certainly didn’t believe it anymore. treat it that way. We believe we are a global content company.”
While nothing is set in stone when it comes to World Wrestling Entertainment finding a new owner, it certainly looks like it’s going to be more a matter of “when” than “if” at this point.
Who do you think will eventually buy the WWE? Feel free to let us know in the comments or call me directly on Twitter @EVComedy to talk about all things comics, anime and the world of professional wrestling.