Report: WWE is cutting costs for WrestleMania 39
Vince McMahon returned to WWE in January and took over the vacated position as acting chairman of the board of directors.
Market capitalization in the range of nine billion dollars
He has returned to WWE to explore the possibility of selling the company. are demanding. It seems WWE will be meeting with potential buyers next month to prepare for the first round of bidding.
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SoFi Stadium in Inglewood, California
According to a new report from PWInsiderElite, WWE wants to show bidders “the sleekest, strongest WWE ever.” As part of that goal, the company is looking to maximize profits at WrestleMania 39, which is taking place on April 1 and April 2 at SoFi Stadium in Inglewood, California.
Will work remotely including international commentators
To that end, WWE is moving forward with a streamlined process, meaning many employees who would normally attend the event instead can save money on flight and travel-related expenses, including international commentators. Will work away from home. WWE is also getting rid of some of the events that were discussed or scheduled for WrestleMania weekend.
creative side of television product
This money-saving approach appears to mean that WWE’s interest in selling the company is genuine, and not a guise for McMahon to slowly work his way up to running the creative side of the television product.