
It has now been a few weeks since Stephanie McMahon announced she would be taking a leave of absence from WWE to focus on looking after her family.
There have been a few hints since then that a number of people weren’t too sad to see the back of her, and a new report from Business Insider suggests perhaps others felt WWE will be better off without her in a leadership position.
According to the report, a WWE insider said:
“Family or not family, we’ve got to get the right people in place. We weren’t seeing that growth. When someone is moved out of a company, it’s usually the result of something not working. We took stronger control of that a few months ago.”
WWE aims to make around $100 million a year from brand partnerships, the part of the company Stephanie McMahon was in charge of, but in the first three months of 2022, around $20 million in revenue was generated by advertising.
While this is very rough math, that would mean WWE is on course to make $80 million this year if you simply take the $20 million as a three month average (which you probably shouldn’t).
WWE is yet to hire a replacement for all of Stephanie’s previous roles, but many of her roles have now been delegated to others, including WWE President Nick Khan.
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