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WWE said in the filing with the Securities and Exchange Commission that while government investigations into McMahon remain ongoing, no charges have been brought in them.
WWE boss Vince McMahon has been under investigation over millions of dollars paid to women after he was accused of sexual misconduct.
World Wrestling Entertainment said on Wednesday U.S. federal law enforcement agents executed a search warrant and served a subpoena to Executive Chairman Vince McMahon last month, though no charges were brought against him.
Author Michael Thomsen tells the tale.
A judge ruled MLW Media had presented enough "circumstantial" evidence that WWE uses its dominance to keep rivals from accessing various distributors and arenas.
A U.S. judge rejected World Wrestling Entertainment's effort to dismiss a smaller rival's antitrust lawsuit that accused it of monopolizing the market for professional wrestling media rights.
U.S. grappling start-up All Elite Wrestling (AEW) may need its Japanese partner to help fill London's 90,000-seat Wembley Stadium for a show in August, its billionaire founder said, looking to wrest market share from its newly beefed-up rival.
Media and entertainment sector offers investment opportunities due to changing tastes, technological advances, and competition. Netflix, Paramount Global, and World Wrestling Entertainment show varying performances, with Netflix being the strongest percentage winner. Investors should consider a stock's relative performance versus a broad index to better understand its behavior compared to peers.
WWE (WWE) reported earnings 30 days ago. What's next for the stock?
The new, publicly traded company to be created by the planned merger of UFC and WWE will be called TKO Group Holdings — a reference to the professional fighting term “technical knockout.” Sources close to Endeavor confirmed the name. It's not a huge surprise, the previously announced ticker symbol is TKO.