AEW personality Tony Schiavone has warned against television companies who may with to purchase WWE during its upcoming sale.
Schiavone had an inside look at the decline of WCW when he worked for the company in the late 1990s and early 2000s, when a series of poor business and creative decisions took it from a wrestling powerhouse to a black sheep of the industry.
Speaking on the latest episode of his podcast What Happened When, Schiavone drew on his experiences working with WCW to speculate on what a sale could mean for WWE:
“Eric [Bischoff] says ‘Thunder’ was a bad call. Thunder was TBS’s call. Nobody wanted Thunder, and there again is the rub and there again is the reason I know I’m right on this. Why WCW would’ve never worked.
“You cannot have a television company, that knows nothing about running a wrestling company calling the shots. That’s why WCW went down because it was owned by a television company. I don’t work for the WWE, so I don’t know [if a sale to a television company would work].
“You can’t just be another cog in the wheel so to speak like we were, can’t be another WCW/Atlanta Braves/[Atlanta] Thrashers/CNN/TBS/TNT like we were. You’ve got to be your own entity.”
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Transcription courtesy of WrestlingInc.
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