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Entertainment NewsVince McMahon Ends Association with WWE, Sells All TKO Shares

Vince McMahon Ends Association with WWE, Sells All TKO Shares

Date:

Key Takeaways:

– Vince McMahon has sold his remaining shares in TKO, formally cutting ties with the WWE.
– McMahon was charged with a severe lawsuit that accused him of sexual abuse and trafficking.
– WWE and its fans have responded with mixed feelings to these changes.
– Some significant changes are happening within the WWE, potentially marking the end of its ‘PG era.’

The Lawsuit and McMahon’s Departure

At the start of this year, WWE was rattled by the news that Vince McMahon had been charged with a severe lawsuit. McMahon’s ex-associate Janel Grant accused him of heinous acts of sexual abuse and sex trafficking. These allegations led to McMahon stepping down from the board at TKO as well as severing all ties with WWE.

McMahon has since sold all his TKO shares, marking a definitive end to his relationships with both TKO and WWE. It’s reported that all of McMahon’s 8,021,405 shares are now up for sale, leaving no link between him and the WWE.

Fan Reactions

The news has drawn mixed responses from the WWE fan base. While some fans acknowledged McMahon’s contributions in catapulting WWE to global stardom, they feel the allegations are severe enough to necessitate his exit for the company’s welfare.

Others say the shocking news is a major letdown, expressing hope that he’ll eventually be recognized in the WWE hall of fame despite this incident. Still, others commend him for his role in establishing the WWE empire, even amidst these troubles.

McMahon has denied all charges against him, explaining his exit from WWE and TKO out of respect for all those involved, including the WWE universe, TKO, their respective shareholders, and business partners.

The End of WWE’s ‘PG Era’

In other WWE news, there are strong indications that the WWE’s ‘PG era,’ started in 2008, may come to an end. The Rock’s recent unabashed bashing on Cody Rhodes, alongside Paul Heyman’s feisty Hall of Fame speech, are believed to be signs of this change.

As of now, there have been no official endorsements of this shift from the PG era. However, Dave Meltzer in his Wrestling Observer Newsletter mentioned these two incidents as the ‘unofficial’ end to the era.

Critical decisions regarding the WWE’s tone, atmosphere, and branding are predicted to be decided when WWE Raw transitions to Netflix in 2025. With the significant move to Netflix, some changes and new methods are bound to take shape. Fans and the WWE universe are eagerly watching to see if this marks the definitive end of the ‘PG era’ — a period that drew mixed reactions from viewers who felt it diluted the sport’s intensity.

It concludes a dramatic chapter in WWE history. With Vince McMahon walking away amidst controversies and the possible end of the ‘PG era,’ the WWE is on the brink of an exciting new era. How these changes will impact the future of WWE, only time will tell.

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Megan Dianehttps://www.projectcasting.com
Hi, I'm Megan Browne, the Head of Partnerships at Project Casting - a job board for the entertainment industry. As Head of Partnerships, I help businesses find the best talent for their influencer campaigns, photo shoots, and film productions. Creating these partnerships has enabled me to help businesses scale and reach their true potential. I'm excited to continue driving growth by connecting people with projects they're passionate about.

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