The chinese company would be really owned by Shane McMahon which makes the storyline possible without real financial risks. Only the major shareholders and investors would know that everything is kayfabe. How would you react to such articles written in serious financial newspapers ?
WWE teams with YOD in order to gain a better access to the chinese market
WWE announced a new distribution agreement with You on Demand, a Beijing-based producer of entertainment brands. YOD will have the exclusive home entertainment rights to WWE's catalogue of programming across China and Asia. The deal goes into effect in january of 2014 and will see YOD manage the DVD, Blu-ray and digital rights for all new and existing WWE content, making it the first time that WWE's programming can be accessed digitally across China. Some of the new titles that will be released include Night of Champions 2013, Hell in a Cell 2013, Top 100 Raw Moments, Attitude Era and WrestleMania 30.
YOD initates tender offer
You on Demand Inc. announced that it has commenced a "modified Dutch Auction" tender offer to purchase up to 25% of WWE common stock. The offer began Monday. Minor shareholders of WWE corporate wll be offered $30 per share. The double of WWE shares current value.
WWE shares fell $5.00, or 25 percent, to $15.00 in Thursday trading. Its shares peaked for the year at $31.65 last Friday. They traded as low as $10.49 in June.
WWE goes to China and won't come back
WWE corporate is being sold to one foreign company for about $1 billion, ending more than three decades of success for the privately controlled entertainment company. WWE is dealing primarily in professional wrestling, with major revenue sources also coming from film, music, product licensing, and direct product sales. It is currently the largest professional wrestling promotion in the world, reaching 13 million viewers in the U.S. and broadcasting its shows in 30 languages to more than 145 countries.
The buyer, You on Demand, an upstart entertainement company based in Beijing, made clear Thursday that little would change for the iconic entertainement based in Stamford, Connecticut, if regulators approve the deal.
There will be dual headquarters in Beijing and Stamford and YOD will open an office in Zurich, Switzerland. Paul Michael Lévesque, McMahon's spiritual heir will become a consultant for the new company and keep 35% of the stocks.
YOD said that the tie-up will create a true worldwide company covering a diverse lineup of markets and boosting efficiency.
"We believe the combined company will be better positioned to compete and serve customers across a broad range of asset classes by uniting our global brands, expertise and infrastructure," said the YOD chairman and CEO who chose to remain anonymous.
The deal has been approved by the boards of both companies, but still needs the approvals by regulators and the shareholders of both companies. It's expected to close in the second half of next year.
The overall storyline :
We would learn from one official financial report that one chinese company decided to invest into WWE corporate in order to gain experience in pro-wrestling. The next semester, one shocking fact is revealed. This chinese company targets WWE produces one Tender offer in various financial newspapers around the world.
Rumours are spread around internet into fan forums and dirtsheets. A few weeks later it's revealed that the chinese company allied with US businessman bought the majority of WWE stocks. They own WWE.
Vince can't be reached neither by fans nor by journalists.
The next week one chinese-written WWE website appears and some chinese wrestlers are included into the rosters while famous wrestlers are relegated to NXT (bye Cena). Smackdown and Raw are reunited and change drastically (new name, new asian american GM, new chinese Cena).
During four weeks various wrestlers go on strike (hi twitter private reactions) and are fired by the new management. Undertaker is among them and will wrestle in Indies for a moment. NXT is sold to the unknown american businessman. WWE is dismantled.
After two months, Vince reappears accompagnied by the fired wrestlers for a press conference and explains that he will fight back to regain his fame. He creates one new wrestling promotion.
One new fight begins for supremacy...