During WWE’s 4th quarter 2022 earnings call, company CEO Nick Khan addressed a potential WWE sale. After being asked to describe what kind of partner WWE is looking for, he made it clear that they need to have a firm understanding of the industry WWE operates in.
WWE is a multi-faceted media company. Any company looking to buy WWE needs to understand how to utilize media, as well as having deep pockets to facilitate such a sale.
“A partner that has more than simply deep pockets. So a partner that understands the media business, that’s in the media business, that understands how to further monetize the media business.
[Also, a partner] that certainly understands our product, our intellectual property, what we’re doing with it, what can be done with it. Media rights, both domestically and internationally. We see the international growth opportunity is huge. So these are folks, in terms of choosing the right partner, these are all things that we’re going to be looking at in terms of who can accelerate our business. Again, what’s the best value for our shareholders?”
Nick Khan
It seems that Triple H will keep going with the company’s creative future in his hands, but everything could change in no time, especially after Vince McMahon amended the company bylaws to say that he doesn’t need shareholder approval to make a decision.
H/T to Ringside News
Follow Corey at @CoreyBrennanBS on Twitter
If you enjoy Bodyslam’s content, you can help donate to the site here. You can also visit our PWTees store and buy Bodyslam official merchandise here.
You can listen to all of Bodyslam’s podcasts by following us on Spotify and subscribing to our YouTube Channel, or any of your favorite podcast platforms.ⓘⓘⓘⓘⓘⓘⓘⓘⓘⓘ
