WWE's stockholder meeting details, ECW returning, more
    Submitted by Jimmy Reject on Friday, September 27, 2002 at 4:52 PM EST


    WWE had their stockholder meeting this morning at The World in New York. The main details that came out were the following...

  • In the biggest news of the meeting, Vince said that he wants to bring ECW back and give it its own late night time slot. He then added that he is trying to purchase all of ECW's video footage in bankruptcy court.


  • Vince said he believed it was good business to keep competitors around and was willing to help smaller companies like NWA TNA in the future. McMahon said WWE is no position to help anyone at the moment till they get their own house in order. He then added, "I wish those boys in Tennessee well."


  • McMahon talked about the interview he did recently with Sports Illustrated. He said he was not pleased with the title "WWE on the Ropes" and mentioned he'd love to get the reporter in the ring.


  • WWE plans on having a "Classics" show featuring footage from their archive. Vince announced they will eventually use various forms of media to distribute the footage, but it will be either on video or a type of paid format to start with.


  • Someone asked if WWE could stay out of court. Vince replied that he'd love to stay out of court, but when people make up allegations he has to fight them. He said Nicole Bass's case is ridiculous and has no plans of settling out of court because that will encourage lawyers to convince other disgruntled former employees to sue.


  • Vince mentioned China was a potential hotbed in the future so this indicates WWE may have plans to tour there in the future.


  • On the topic of WWE's movie division Vince said they plan on making low-budget or straight-to-video movies involving WWE Superstars.


    • Credit: 1wrestling.com



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