Almost as soon as Vince McMahon was forced to resign from WWE due to Janel Grant’s lawsuit, there was speculation he would look to launch a new project. And now, having sold most of his stock in the company, PWInsider.com has reported that he is in the process of launching what is described as an “entertainment hub,” which he will financially be backing to produce movies and television shows.
“Multiple sources with knowledge of the situation have confirmed McMahon has been in the process of setting up what has been described as a new “entertainment hub company” that would financially back, develop and produce film and television productions … PWInsider.com is also told that several WWE alumni are already working with McMahon to get the company prepped with the idea of officially unveiling it if/once his legal issues are resolved.”
PWInsider.comIn the past, 79-year-old McMahon’s ventures outside of pro wrestling, like the XFL, WBF, and WWE Studios, have all flopped. However, as pro wrestling was always his priority, he never gave any of these 100% of his attention or finances. Therefore, it’s entirely possible that he can make this new company successful as long as he can find people who are prepared to work with someone with such a tarnished reputation.
