Vince McMahon is in the process of establishing a new company following his WWE exit.
Pwinsider is reporting that various sources familiar with the matter have indicated that McMahon is creating what is referred to as a new “entertainment hub company” to provide financial backing, development, and production of film and television projects. Those aware of the matter believe this new venture will not replicate WWE but will concentrate on fiction and nonfiction works.
The report also states that several former WWE talents are collaborating with McMahon to prepare the company. Plans for an official launch are contingent upon the resolution of his legal challenges.
Brad Blum, the former Chief Operating Officer of WWE and a long-time ally of McMahon, is confirmed to be involved in this initiative. Blum served as McMahon’s Chief of Staff, joining WWE in 2006 and taking on expanded roles in 2020.
After initially leaving WWE following McMahon’s first retirement due to Wall Street Journal articles that led to the Janel Grant lawsuit, Blum returned when McMahon sold WWE to Endeavor. He stayed on for several months following McMahon’s second departure before resigning in May, which sparked speculation about him possibly working with McMahon again in some capacity.
Kristen Prouty, who acted as WWE’s liaison to the entertainment industry before her dismissal earlier this year, is also part of the team.
Prouty first gained WWE’s attention as the Casting Director for the inaugural Diva Search, won by Christy Hemme in 2000. After spending five years working independently, she officially joined in 2005 and held the title of Senior Vice President, Entertainment Relations, at the time of her exit. Her role involved connecting with the entertainment sector and facilitating talent participation in television series, red-carpet events, and more.
Prouty is credited with discovering many talents, including The Bellas and The Miz, and was responsible for booking RAW Guest Hosts and securing celebrities for storylines. She was let go by WWE this past May amid cutbacks following Endeavor’s acquisition.
The report further states that the new company is expected to be in the Los Angeles area if and when it officially launches.
Given the controversial circumstances surrounding McMahon’s exit from WWE and the lawsuits filed against him, it will be intriguing to see if any networks or distributors are willing to partner with the 79-year-old billionaire initially, though Hollywood can be quite unpredictable.
And finally, it has been confirmed that Kevin Dunn has not played any role in this new venture.