Thursday, November 21, 2024

EM – WWE President Nick Conn says company is not for sale

WWE President Nick Conn caught the headlines when he said WWE was “open to business in anything and everything.” Many understood that Vince McMahon’s business would be open to discussions about selling the business.

In a podcast interview with Nick Khan, he said, “We are open to business for anything and everything. Even some of the business plans we have recently announced are different and unique from what the company has traditionally done. We are open to business. If someone calls, we ask, but we are not active or trying to change that setting in the marketplace.

Speaking to Ariel Helvani, Khan clarified things. He is actually willing to sell anything, including NFTs and other international rights. The company could not go into the sales module.

“When I say ‘open to business’, if someone trusted calls for something, NFT, collectible cards, international rights; we take the call. We’m the sellers by nature.” We do not want to talk to this company because they think it’s X. , If you want to offer us something, if you are a trusted company, we ask you.We have built an entrepreneurial business, Vince & others over the last 35 years and we always want to be fresh and entrepreneurial minded. “Are you for sale?” “What is your offer? What are you thinking? We are not trying to sell it.

“This is not our intention. There are no internal meetings in the sales of this business. The internal meeting is about the ability of us to collectively believe that its growth and the current value of the business should be significantly increased. People call for all sorts of things all the time, but we are not in active conversations about (sales).

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It should clean the air and stop some rumors that WWE is getting ready for sale. All of these rejections and layoffs certainly help reduce the bottom line. WWE is not ready for sale, which reduces all of the “layoffs” surrounding the business, which apparently could have been done without Nick Conn.

Felix Upton has been writing professionally since 1989. His first writing job was writing ads for New York newspapers. After selling his grandfather’s pinball repair shop in 2017, he was hired to publish news for Ringside News.

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