What ever happened to the WCW?

Question

it used to be big, and even rival the WWF, or WWE what ever it was called and featured stars like Sting, and The Giant. I know wrestling is fake, but what ever happened to it?

Answer 1

Well it was owned by Time Warner, which was at that time owned by Ted Turner. When Time Warner merged with AOL Turner left the company basically. Proably being the intelligent buisnessman he is he knew that the merger would be a big mistake. If that was the case he was proven right. Anyway when they merged to make up for the huge debt AOL was carrying in they started getting rid of anything that wasn't make alot of money. They got rid of the Goodwill Games because it wasn't making money. They sold the WCW because it wasn't making enough money. Anyway they sold it over to the WWF so alot of the wrestlers ended up there. Some wrestlers, like Sting, refuse to work with Vince McMahon JR. and weren't part of the merger. He is over in the TNA now.

Answer 2

On March 23, 2001, WCW, along with virtually all of its trademarks and archived footage, was sold to Vince McMahon and World Wrestling Federation Entertainment, Inc. for a paltry $7 million (although the book The Death of WCW said it was less than $3 million). McMahon did not employ all of the WCW wrestlers and staff, though, passing over proven draws such as Goldberg due to contractual compensation reasons. A gloating McMahon then opened the last-ever episode of WCW Monday Nitro simulcast with RAW on March 26, 2001 with a self-praising speech. Sting vs. Ric Flair (won by Sting) was the nostalgic final match of the final broadcast, ending affectionately with a respectful embrace.

The WCW logo used in the WWF during the 2001 Invasion storyline.When Vince came on RAW after the Sting/Flair match to declare victory over WCW, Vince's son Shane McMahon appeared at the Nitro event, declaring that he had bought WCW. However, this was kayfabe and part of a WWE storyline that would have Shane leading the WCW Invasion of the WWF (a highly anticipated storyline which many considered a squandered opportunity), which lasted from March to November 2001 and marked the end of WCW. Despite aborted attempts to run WCW-branded events, the WWF only ran a handful of matches on RAW and SmackDown! under the WCW banner.

The WCW World Heavyweight Championship (which was renamed the World Championship) would continue to be used in WWF until it was merged with the WWF Championship into the WWF Undisputed Championship when Chris Jericho defeated The Rock and Stone Cold Steve Austin for the respective titles on December 9, 2001 on the PPV, Vengeance.

Answer 3

Unfortunately, it was sold to Vince McMahon, who ruined it, & attempted to ruin the careers of every wrestler who came to WWE from WCW. Giant left for WWE before this happened, & became the Big Show, which seems to have actually been a good career move for him. Sting currently wrestles for TNA, & will be facing off against "Big Poppa Pump" Scott Steiner for the final slot in the King of the Mountain match at the next PPV.

Answer 4

It went bankrupt, because TV executives like Ted Turner, who doesn't have a damn idea what 'wrestling' is, tried to use shock value and attempted to make WCW look like a wimpy reality show. Eric Bischoff tried to do the same on Raw, and Raw's ratings dropped drastically. The same is happening on Smackdown, as Palmer Canon, UPN exec, tries to deteriorate WWE by bringing pirates and boogeymans to the foray(though I did find ol' Boogey entertaining in some strange way!).

Answer 5

It was bought out by the WWF and then turned into the WWE

Answer 6

It went up for sale and Eric Bischoff tried to buy but Vince Mcmahon bought it. Thus ending the WCW era.

Answer 7

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Answer 8

I think the WWE bought it.

That is an easy way to get rid of the competition, right?

Answer 9

wwe bought wcw well actually shane mcmahon beat mr macmahon to it it was on the last episode of nitro.

Answer 10

I think they merged into the WWF/WWE.