Wednesday, May 1, 2024
NewsWWE Has Hired JPMorgan To Advise The Company On A Potential Sale

WWE Has Hired JPMorgan To Advise The Company On A Potential Sale

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CNBC.com has a new article up looking at Vince McMahon’s return to WWE by being reinstated to the WWE Board and the company’s potential sale.

The report says that WWE has hired JPMorgan to advise the company on a potential sale.

Three categories of potential buyers for WWE are legacy media companies, streamers, and entertainment holding companies. The report speculates that the following companies might be interested in purchasing WWE – FOX, Comcast, Warner Bros. Discovery, Amazon, Disney, Endeavor Group Holdings, and Liberty Media.

WWE would like for the sale to take place before mid-2023 when TV rights renewal negotiations will also take place.

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