(Photo Credit: Westfair)
The total number of WWE employees cut on Tuesday now totals 60 or more, according to Wrestlenomics.
The departures come down to WWE management feeling like there were a number of redundant positions across the three departments that are being merged. The merged departments are now to be led by WWE’s Executive Producer & Chief of Global Television Distribution Kevin Dunn, with help from President & Chief Revenue Officer Nick Khan. You can click here, here, here and here for our previous reports on the cuts, how WWE’s international offices were impacted, why the divisions were combined, comments from key players, and more.
World Wrestling Entertainment gave a very enthusiastic look at its future on the 4/22 investors conference headed by President Nick Khan, with Chief Brand Officer Stephanie McMahon and Chief Financial Officer Kristina Salen.
Like with the last call, Vince McMahon opened, said a few words and was never heard from again, with Khan impressively handling the questions.
The key with Khan is his knowledge of the sports media industry is so impressive, as he talked about the NHL deal and that he doesn’t believe NBC will get the second half of the package, Amazon Prime and Apple TV being players going forward and how the big players, and he considers WWE a big player, will thrive in this marketplace but that unproven companies will be hurt because the big media companies are spending so much on the big players and there’s only so much money going around.
WWE financial report and Vince McMahon conference call, Impact Wrestling and NXT UK coverage, Dot Net Weekly, WWE Raw and Smackdown poll results, Ezekiel Jackson, Chuck Taylor
April 22, 2021
By Jason Powell, ProWrestling.net Editor (@prowrestlingnet)
-WWE is releasing its first quarter financial report after the market closes, which is a change from their usual morning release. Vince McMahon, President & Chief Revenue Officer Nick Kahn, Chief Brand Officer Stephanie McMahon, and Chief Financial Officer Kristina Salen will co-host a conference call regarding the financial report. I will run live updates on the highlights of the call that is scheduled to begin at 4CT/5ET.
WWE still really wants to work with Cardi B
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Photo by Kevin Winter/Getty Images for The Recording Academy
Earlier this year, WWE name-dropped 2020 Billboard Woman of the Year Cardi B during a backstage segment on Raw.
But in a recent interview with
The Rich Eisen Show on Peacock, Chief Brand Officer Stephanie McMahon revealed WWE still has Cardi on their minds. When telling the host about celebrities the company wants to work with, Steph had effusive praise for the billion-streaming rapper:
“From an athlete perspective, I would love to see the Williams’ sisters [Venus and Serena] either individually or together. There are so many incredible female and male athletes out there that I would love to bring into WWE. From a celebrity standpoint, in addition to the ones we’ve already worked with, I think it could be really cool to work with Cardi B. She had a tweet she put out not long ago which was in reference to her name on the show. I think she’s so colo
McMahon Family WWE Employment Agreements, Total Compensation Revealed
(Photo Credit: WWE)
As noted, WWE filed a proxy statement on Tuesday that revealed base salaries for WWE Chairman & CEO Vince McMahon, President & Chief Revenue Officer Nick Khan, Executive Vice President of Global Talent Strategy & Development Paul “Triple H” Levesque, Chief Brand Officer Stephanie McMahon, and Chief Financial Officer Kristina Salen.
The SEC filing also included employment and booking agreement details for Khan, Vince, Triple H, Stephanie, and Shane McMahon.
Triple H is under a booking agreement that runs until March 30, 2022. After that it will extend for successive one year periods unless either party gives notice of non-extension. Under the agreement, Triple H is entitled to a minimum guaranteed annual payment of $1 million, which WWE is entitled to recoup from all payments under the agreement, including pay for performing in live and TV events, and royalties for merchandise sold with