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Post by "Evil Brood" Jackson Vanik on Jun 6, 2022 11:59:24 GMT -5
The summary is from PWInsider:
Business Insider featured a piece by Claire Atkinson over the weekend on the changes within WWE, noting that the company is aiming to replicate UFC's success with brand and sponsorship revenue.
In the piece, it was noted that Stephanie McMahon's leave of absence, which was publicly described as McMahon taking a break to tend to her family, was actually "executed by her father, Vince McMahon, the organization's 76-year-old CEO."
The article noted responsibilities that fell under Stephanie's umbrella included marketing, brand business, and creative services along with community and entertainment relations. The company announced a new Executive Vice President and Head of Marketing today, Catherine Newman, noting her responsibilities will include Marketing, Brand, Community Relations, Entertainment Relations, Creative Services and Photograph, much of the same responsibilities McMahon held.
The article noted that while Stephanie had described the potential of WWE's growth in sponsorship and marketing as having the potential to be in the "hundreds of millions of dollars" range, that wasn't happening under McMahon.
Atkinson, citing a company source, reported:
"We weren't seeing that growth," said the company insider of Stephanie McMahon's tenure. "When someone is moved out of a company, it's usually the result of something not working. We took stronger control of that a few months ago."
WWE did not comment in the piece.
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Deleted
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Post by Deleted on Jun 6, 2022 12:07:22 GMT -5
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Post by Feargus McReddit on Jun 6, 2022 12:07:59 GMT -5
WWE did not comment in the piece. Frankly, this part is more damning than anything actually said in the piece because you’d think something like that would get the PR engine out to say that Steph has involvement still and she’s only on leave.
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Facetious
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Post by Facetious on Jun 6, 2022 12:10:05 GMT -5
I thought it was kinda obvious that she was pushed out.
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Post by Cvslfc123 on Jun 6, 2022 12:12:37 GMT -5
Vince is getting close to being left in a retirement home and not being visited by his family.
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Post by Finish Uncle Muffin’s Story on Jun 6, 2022 12:12:39 GMT -5
Claire's been covering WWE since her days at the New York Post, she's got good sources. Not shocked by what's been reported. I think it's pretty glaring that WWE's marketing is just not up to snuff. The live ad commercials, the branding for PPVs, it's all just so dated and clunky looking. They need more sophisticated folks at the helm.
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Deleted
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Post by Deleted on Jun 6, 2022 12:13:10 GMT -5
I thought it was kinda obvious that she was pushed out. I thought it was because HHH was having problems with his dick!
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Post by Finish Uncle Muffin’s Story on Jun 6, 2022 12:13:39 GMT -5
I thought it was kinda obvious that she was pushed out. I thought it was because HHH was having problems with his dick! This made me genuinely laugh out loud, so thank you. That thread was wild.
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Post by celtics543 on Jun 6, 2022 12:13:43 GMT -5
MJF announcing that he isn't going to WWE but he's bringing WWE to AEW and bringing out Steph, HHH, and Shane as his new entourage is going to be amazing.
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Post by CeilingFan on Jun 6, 2022 12:21:19 GMT -5
Stephanie McMahon is All Elite!
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Post by Deleted on Jun 6, 2022 12:23:51 GMT -5
I just wanna get to the part of this story were Vince has disowned his entire family and declares that Nick Khan is and has been his only child.
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fg
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Post by fg on Jun 6, 2022 12:24:07 GMT -5
Vince is getting close to being left in a retirement home and not being visited by his family. Kind of like the Simpsons treating Abe Simpson.
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chazraps
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Post by chazraps on Jun 6, 2022 12:24:11 GMT -5
PWI Insider didn't seem to mention it, but Stephanie's replacement Catherine Newman was most recently the chief marketing officer of Manchester United.
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john84
Fry's dog Seymour
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Post by john84 on Jun 6, 2022 12:25:33 GMT -5
Stephanie McMahon is All Elite! Legit waiting for that rumour to start spreading
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Post by Final Countdown Jones on Jun 6, 2022 12:29:06 GMT -5
![](https://miro.medium.com/max/1200/1*7dA8GXlgLTuHkxfcvaL7tQ.jpeg) (Vince McMahon and Nick Khan putting Stephanie McMahon on leave, 2022, Colorized)
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Facetious
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Post by Facetious on Jun 6, 2022 12:29:30 GMT -5
I thought it was kinda obvious that she was pushed out. I thought it was because HHH was having problems with his dick! ![](https://c.tenor.com/QXAw_rw8SGcAAAAC/triple-h-wwe.gif) *HHH after eating his eighth Blue Chew trying to convince Steph to not leave him*
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Post by Mid-Carder on Jun 6, 2022 12:30:44 GMT -5
Who had Shane and Steph gone and a Stone Cold WrestleMania main event in their 2022 bingo?
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Post by "Evil Brood" Jackson Vanik on Jun 6, 2022 12:32:04 GMT -5
PWI Insider didn't seem to mention it, but Stephanie's replacement Catherine Newman was most recently the chief marketing officer of Manchester United. It's all making sense now... ![](https://www.wwe.com/f/styles/gallery_img_l/public/photo/image/2010/11/16230204.jpg)
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Legion
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Post by Legion on Jun 6, 2022 12:34:57 GMT -5
Eh, if she comes back, she'll probably get the charity and community outreach gig back, as that seemed to be what she did more than anything else anyway.
She was constantly winning awards for being influential and successful, so that shows those awards mean nothing, or she did a great job of appearing to be better than she was.
With her gone, and HHHUnter already completely devalued, Vince continues to remind everyone that in his head, everything really is just business.
Anyone for another round of cuts?
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Post by Baldobomb-22-OH-MAN!!! on Jun 6, 2022 12:38:51 GMT -5
Eh, if she comes back, she'll probably get the charity and community outreach gig back, as that seemed to be what she did more than anything else anyway. She was constantly winning awards for being influential and successful, so that shows those awards mean nothing, or she did a great job of appearing to be better than she was. With her gone, and HHHUnter already completely devalued, Vince continues to remind everyone that in his head, everything really is just business. Anyone for another round of cuts? Swerve: Vince decides Nick Khan is too expensive and replaces him with an adorable Corgi he saw in a pet shop window. Further swerve: the Corgi is also too expensive.
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