Jeff Whalen from our affiliate website, Rajah.com, sent along the following:
The Wrestling Observer Newsletter claims that one of the main reasons WWE decided to hire Paul Heyman and Eric Bischoff as Executive Directors for Raw and Smackdown, respectively, is due to Wall Street’s recent negative reaction to the company’s declining brand popularity. Live event attendance, merchandise sales and WWE network numbers were said to be some of the main metrics that concerned analysts.
After the announcement, Wall Street was said to generally praise the move with three analysts who billed Bischoff as a genius who actually “beat” McMahon at one point while expecting that with McMahon working with Bischoff and Heyman, it would end up strengthening WWE’s creative product.
eWrestling.com Social Media Interaction
@MattBoone1984
@eWrestlingCOM
Facebook.com/eWrestlingCOM
Disqus.com/home/forums/http-ewrestling-com
WWE & AEW News Headlines (7/5/2019)
Exclusive: Moxley Blatantly Lied To Vince & HHH, AEW Contract News
Paul Heyman “Very High On” 2 Specific WWE & NXT Superstars
AJ Lee Tells Fans “Never Say Never” When Asked About WWE Return (Video)
Backstage News On Reason Why HHH Wasn’t Given Control Of RAW/SD!
AEW Fyter Fest: B/R Live Averages 140k & Peaks At 350k, 14k iPPV Buys
Cena Shows Transformation Of ‘New Look’ For ‘Secret’ Movie Role (Photos)
Real Story Behind Corey Graves Using Profanity Live On RAW
Backstage News On How WWE Really Found Out About Kanellis’ Pregnancy
Latest On Heyman’s Inflence Over RAW & His Role During The Show
Paige To WWE: “Get Your Sh*t Together & Hire My Brothers”
Strowman Reveals How WWE Stars React To Firefly Fun House Skits
Reigns Claims Relationship With Moxley Will Never Be The Same
Ronda Rousey Backstage At WWE TV Taping, Update On Possible Return
Report: AEW On TNT Weekly TV Show Plans All But Finalized
Well-Known Veteran WWE Personality Robbed For $55k In Storage Unit Heist
Triple H’s Thoughts On Heyman & Bischoff Taking Over RAW & SD! Live?