Once he sold all of his assets, the more corporate structure of AOL Time Warner saw nothing but a wrestling company that was suffering financial losses. There was no love, passion or knowledge for the business and therefore was an easy decision to cut its losses and sell WCW to Vince McMahon.

DDP/Booker negotiated a buyout with AOL/Time Warner. Both were reported to be bought out for less than half of the overall contract just so they could be free and go to the wwf. Guys like Nash sat out there deals and made all there money. AOL Time Warner just recently blocked two superstars who are under the old WCW contract from appearing on independent wrestling shows due to breach of contract. ҂ Still tentatively to air on Saturday nights between 11PM and 1AM EST on TNN, the tapings of the show is now in discussions to move from the proposed Saturday evening to a Wednesday one as it was originally going to be. the problem was the tv time was cancelled and Siegal and Kellner were behind this and AOL/Time Warner was a bad merger for both parties in the end because in the end, both companies were losing money and then split up. in fact, Time Warner is now gone if i am right and they are now Spectrum. Is Anyone Else Still Mad That AOL/Time Warner Sold WCW to WWE in 2001? The Death of Competition. At about Money in the Bank 2013 I decided to jump back into watching wrestling. Many of WCW's top wrestlers had contracts with AOL Time Warner, WCW's parent company, and were willing to sit at home rather than wrestle for less money; Booker T, the reigning WCW Champion at the time of WWF's purchase, was a notable exception, agreeing to a buyout of the remainder of his contract with AOL Time Warner in order to wrestle for Greed replaced the promotion's March PPV event Uncensored which was held from 1995 to 2000. The pay-per-view event took place three days before the final episode of Thunder and eight days before the final episode of Monday Nitro, and was the final WCW pay-per-view.

I thought I read somewhere that the majority of guys were contracted to WCW, but the actual guys that made money were contracted to AOL/time warner like Nash, Hogan, Flair etc. Which would make sense from a financial standpoint as it keeps your balance sheet looking good if your top paid stars are actually being paid by someone else

As a result, AOL Time Warner sold the trademark for WCW's name and logo to the WWF for $ 2.5 million, in 2001. Shortly after the purchase, Vince McMahon purchased the entire WCW videotape library for an additional $1.7 million, bringing the final tally of World Championship Wrestling's sale to $4.2 million. When Ted Turner was the largest share holder and #2 at Time Warner, Time Warner put up with his love for Wrestling (it was original programming in the early days of TBS) even though WCW generally lost money until the Monday Night Wars. When the TV ratings rose and merchandising sales took off; Time Warner was pleased. Is Anyone Else Still Mad That AOL/Time Warner Sold WCW to WWE in 2001? The Death of Competition. At about Money in the Bank 2013 I decided to jump back into watching wrestling. Many of WCW's top wrestlers had contracts with AOL Time Warner, WCW's parent company, and were willing to sit at home rather than wrestle for less money; Booker T, the reigning WCW Champion at the time of WWF's purchase, was a notable exception, agreeing to a buyout of the remainder of his contract with AOL Time Warner in order to wrestle for

WCW wrestlers wear all under Time Warner contracts that carried over. WWE didn't haft to pay them a dime to wrestle on their programming until their contracts expired. Those who McMahon saw value

15 Aug 2019 Thanks to the AOL-Time Warner merger, Ted Turner, WCW's biggest or so: Bischoff was the first person to start offering guaranteed contracts.

Once he sold all of his assets, the more corporate structure of AOL Time Warner saw nothing but a wrestling company that was suffering financial losses. There was no love, passion or knowledge for the business and therefore was an easy decision to cut its losses and sell WCW to Vince McMahon.

23 Mar 2001 The WWF also assumes WCW's multimillion dollar contracts with He assumed control of Turner when AOL Time Warner merged the  19 Mar 2001 The Turner Broadcasting System, a division of AOL Time Warner, will stop With high production costs and expensive contracts for wrestlers, World TBS shows a two-hour W.C.W. program, ''Thunder,'' on Wednesday  When Austin feuded with Bret Hart, WWF's top babyface at the time, fans started He even feuded with top WCW talent following WWF owner Vince McMahon's did fizzle, McMahon signed those who sat on their AOL-Time Warner contracts.

The storyline began shortly after the WWF's acquisitions of WCW and ECW in Many of WCW's top wrestlers had contracts with AOL Time Warner, WCW's 

1 Oct 2015 ones were left behind for Turner (well, Time Warner, at that point) to fulfill. That said, thanks to a WCW Contract Summary document that  The storyline began shortly after the WWF's acquisitions of WCW and ECW in Many of WCW's top wrestlers had contracts with AOL Time Warner, WCW's  6 Sep 2017 2 October 1996: The Time Warner-AOL merger is dead in the water. 1) their contracts, WCW wanted to get rid of some of the bigger contracts,  26 Jun 2017 Tony Schiavone On What Killed WCW, Vince Russo Being Blamed, when WCW, under the ownership was AOL Time Warner, was sold to  scenarios in wrestling surrounds the demise of WCW and the advertised May Around the time of the AOL/TimeWarner merger, Bischoff and Fusient Media a WCW representative is standing by to make sure that the contracts are executed. I thought I read somewhere that the majority of guys were contracted to WCW, but the actual guys that made money were contracted to AOL/time warner like Nash, Hogan, Flair etc. Which would make sense from a financial standpoint as it keeps your balance sheet looking good if your top paid stars are actually being paid by someone else

23 Mar 2001 The WWF also assumes WCW's multimillion dollar contracts with He assumed control of Turner when AOL Time Warner merged the