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John Cena Sets Guinness World Record

John Cena is adding another trophy to his belt. The wrestler-turned-actor has officially broken the Guinness World Record for the most Make-A-Wish Foundation wishes granted with 650, Guinness announced. The Peacemaker actor is the most requested Make-A-Wish celebrity, with no other star even coming close to granting as many wishes as Cena has in the […]

Comedy Brand The Second City Names Sesame Workshop Veteran Ed Wells CEO (Exclusive)

The Second City has a new CEO. The venerable improv comedy brand that launched the careers of people like Bill Murray, Tina Fey, John Belushi and Stephen Colbert and Gilda Radner, has hired Ed Wells as its new chief executive, effective this month. Wells joins The Second City from Sesame Workshop, where he was executive […]

WWE Promotes “Triple H” Paul Levesque to Content Chief, Frank Riddick to Additional Role of President

Sports entertainment powerhouse WWE has elevated Paul “Triple H” Levesque to the post of chief content officer and chief financial officer (CFO) Frank A. Riddick III to the role of president and CFO.  The promotions come as the company continues to rebuild after the retirement of Vince McMahon as CEO in July amid an investigation into alleged misconduct. […]

WWE Says Vince McMahon Probe Cost $1.7M in Second Quarter, With $10M Forecast for Rest of Year

Sports entertainment powerhouse WWE reported its second-quarter earnings on Tuesday following several delays due to the discovery of what it had recently said were $19.6 million in previously unrecorded expenses paid by former chairman and CEO Vince McMahon between 2006 and 2022. WWE also said in filings made late Monday and early on Tuesday that […]

WWE Discloses Additional $5M in Payments Made By Vince McMahon

WWE says it discovered two additional payments totaling $5 million on top of the $14.6 million that former CEO Vince McMahon paid in “unrecorded expenses” from 2006 through 2022. “The Company has evaluated the Unrecorded Expenses and has determined that such amounts should have been recorded as expenses in each of the periods in which […]

Comcast Has a “Very High” Bar for Deals, CEO Says

With M&A speculation swirling around the entertainment industry, including NBCUniversal owner Comcast, the media giant’s chairman and CEO Brian Roberts reiterated that the bar for acquisitions was “very high” for his team. Asked on Thursday during the second-quarter earnings conference call how he feels about the state and look of the conglomerate, he said: “We […]

Will WWE Sell? Moguls May Eye Powerhouse Brand As Vince McMahon Retires

It’s the end of an era. But is it the start of a new dawn? For 40 years, Vince McMahon reigned as the boss of World Wrestling Entertainment. Then, after The Wall Street Journal reported that he had sexual relationships with female employees and gave them millions in alleged hush money payments, he abruptly retired […]

WWE Facing Investigations Related to Vince McMahon Payments, Former CEO Paid $14.6M Since 2006

The WWE says that former CEO Vince McMahon paid $14.6 million in “unrecorded expenses” from 2006 through 2022, and that it will revise its previous financial results to account for the payments. “All payments underlying the Unrecorded Expenses were or will be paid by Vince McMahon personally,” the company said in a regulatory filing Monday […]

WWE CEO Vince McMahon Retires Amid Misconduct Probe

WWE founder and CEO Vince McMahon, who stepped aside from his executive duties last month amid a board probe into alleged misconduct claims, is retiring from the company. That will include his executive responsibilities and also the company’s creative responsibilities, which he oversaw. McMahon also appeared on WWE programming in character, but those appearances will […]

Vince McMahon Addresses ‘SmackDown’ Crowd Amid Misconduct Investigation

Vince McMahon made a brief appearance on WWE Friday Night SmackDown after the company announced earlier in the day that he would be stepping back from his roles as CEO and chairman amid misconduct allegations against him. “It is a privilege as always to stand before you here tonight, the WWE universe,” the longtime WWE […]

WWE’s Vince McMahon Steps Back From CEO, Chair Roles Amid Probe Into Alleged Misconduct, Daughter Stephanie Named Interim CEO

WWE founder and CEO Vince McMahon has “voluntarily stepped back” from his roles as CEO and chairman of the sports entertainment powerhouse amid an “investigation into alleged misconduct” by him and John Laurinaitis, head of talent relations. “McMahon will retain his role and responsibilities related to WWE’s creative content during this period and remains committed […]

WWE Sets First Major U.K. Stadium Event in 30 Years in Cardiff, Wales

Sports entertainment powerhouse World Wrestling Entertainment (WWE) is planning to hold its first major stadium event in the United Kingdom in more than 30 years at Principality Stadium in Cardiff, Wales on Saturday, Sept. 3. The company, led by chairman and CEO Vince McMahon and president and chief revenue officer Nick Khan, unveiled the news on […]