Professional wrestling involves uncertainties all the way. We can never what awaits us in the very next moment. So the ‘never say never’ theory applies well in this particular industry. WWE is top at their game like they always have been being miles ahead from the other companies. Despite what the fans complain about the programming, the stock of the WWE continues growing.
Must read: Vince McMahon net worth
A rumor is going on suggesting that WWE could be up for sale. There’re pretty fare chances available about Vince McMahon putting his own business on for auction once he decides to step down. This fuelled up when he sold a fair amount of WWE stocks in order to star the XFL football venture. It will begin in 2020 bringing a tough competition to the NFL around the United States of America.
Must read: Details on Stephanie McMahon property
Disney was the front-runner in buying WWE as per the speculations. However, recent quotes from Stephanie McMahon might have confirmed that WWE itself could be a big competition for one of the world’s largest brands. CNBC’s Elizabeth Schulze interviewed her at Web Summit in Lisbon and brought up the topic of WWE’s growth as a global brand.
Stephanie McMahon claimed that WWE is eyeing something huge for years to come. This includes being the top brand going similar to that of Disney, (quotes courtesy stillrealtous.com)
“10-20-30 years from now, there’s no reason we can’t be as big [as] or bigger than Disney. Now that’s a tall order, especially given recent transactions. However, there’s no reason why we can’t get there. You have to dream big, have big, bold goals, and go after them.”
The Big Lead revealed that WWE’s market cap is $5.8 billion whereas Disney’s is $172.7 billion. This hints that the world’s largest wrestling promotion is still a long way to cover if they certainly want to reach the level of Disney. It is one of the famous brands that have different other companies like Lucasfilm, Marvel, Pixar and others under their wings.
This is the reason why sources believed that they would go on to acquire WWE at some point. But that might not be the original planning certainly. WWE officials eyed a global mainstream name over the past few years. Stephanie McMahon played the role of being the brand ambassador for this brand working extremely hard. Multiple global PPV shows also helped them to earn more fame, regionally. Hopefully, the trend continues for years to come under the overlooking of the McMahons.
