WWE Releases Statement Explaining New Company Policy Banning Talent Having Third-Party Deals

WWE |By Matt Boone |Sat, September 5, 2020 - 3:55PM EDT
WWE Statement On Talent Third-Party Ban

WWE has issued a statement regarding the reaction to online reports over talent being banned from engaging with third-party platforms.

The company released a statement today announcing that the company is implementing a new WWE policy that bans talent from engaging with third-party outlets such as Cameo, Twitch and others.

As noted, the company reportedly sent out a memo behind-the-scenes to talent informing them that they have 30 days to end their relationships with such third-party platforms.

Once the reports started making the rounds within the pro wrestling community and after the memo got around to talent behind-the-scenes in the company, several familiar names such as CM Punk, Renee Young and Mick Foley took to social media to comment on the news.

One of the main complaints is that the memo did not specify what, in particular, the third-party engagements apply to in terms of specific platforms, as well as the specific type of use that the company is demanding be stopped.

On Saturday afternoon, World Wrestling Entertainment (WWE) issued the following statement regarding their new company policy on talent engaging with third-party platforms:

"Much like Disney and Warner Bros., WWE creates, promotes and invests in its intellectual property, i.e. the stage names of performers like 'The Fiend' Bray Wyatt, Roman Reigns, Big E and Braun Strowman. It is the control and exploitation of these characters that allows WWE to drive revenue, which in turn enables the company to compensate performers at the highest levels in the sports entertainment industry. Notwithstanding the contractual language, it is imperative for the success of our company to protect our greatest assets and establish partnerships with third parties on a company-wide basis, rather than at the individual level, which as a result will provide more value for all involved."

We will keep you posted here at eWrestling.com as updates continue to surface regarding this story. Another good way to keep up with late-breaking news updates is by following me on Twitter @MattBoone1984.

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