Donald Trump Buys World Wrestling Entertainment's (WWE) Monday Night RAW
More News related to WWE
- Dennis Miller to Host WWE(R) Slammy Awards
- World Wrestling Ent (WWE) Posts Q3 EPS of $0.12, Tops by 2c
- World Wrestling Entertainment (WWE) Revises Business Outlook - Sees 15-20% Annual Earnings Growth Through 2012
- WWE(R) Reports 2009 Third Quarter Results
- WWE, Inc. Announces 2009-12 Business Outlook
World Wrestling Entertainment (NYSE: WWE) announced the sale of its ratings juggernaut, Monday Night RAW, on USA Network to Donald Trump. The terms of the deal were not disclosed, but WWE Chairman Vince McMahon stated, "This was an offer I couldn't refuse."
"The Monday Night RAW franchise has been one of the top cable franchises since its launch 17 years ago," said Donald Trump. "I'm going to do things on the show that have never been done or seen before. As my first act as owner, I am doing something unprecedented. I am giving back to the people who have been loyal all these years. For the first time in more than 838 episodes of RAW, next week's show will be live and commercial free."
"Donald Trump is one of the most entertaining personalities with one of the sharpest business minds of our time. He's always had the Midas touch, which will only add to the level of excitement for the loyal fans of WWE Monday Night Raw," said Chris McCumber EVP Marketing, Digital and Brand Strategy for USA Network.
Subscribe to EasyStockAlerts.com & Get real-time e-mail alerts when news hits your stocks!
Related Categories
Corporate NewsMergers and Acquisitions
Stocks Mentioned
+0.00Related Entities
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
