ted turner
details of the deal
vince mcmahon richer
eric didn't have enough money
wwe made a better offer
2006-11-20 02:04:02 · 6 answers · asked by dark mask 1 in Sports ➔ Wrestling
Bischoff and a group of investors, named Fusient Media Ventures, signed a letter of intent to buy the company, but later backed out when Kellner cancelled Nitro's timeslot, without which, as Bischoff had said, "WCW would only be worth...20 bucks." Without the Fusient interest WCW was purchased by the World Wrestling Federation for a substantially lower price (approximately US $2,000,000) than what had been offered in March 2001. Bischoff took some time off from wrestling to work on other TV projects. He produced several reality TV shows and signed on as president of Matrats, a youth-based wrestling company.
2006-11-20 04:56:55 · answer #1 · answered by Answerer17 6 · 0⤊ 0⤋
What the hell, are you just typing random words?
Anyway, when AOL and Time Warner merged, Ted Turner lost his control of WCW. Eric Bischoff was going to buy WCW, but all of their TV shows got cancelled, so that would have been worthless. When Bischoff didn't buy it, AOL Time Warner sold WCW to Vince for a MEASLY $7 million.
2006-11-20 10:18:27 · answer #2 · answered by Anonymous · 0⤊ 1⤋
Ted Turner took away the TV time slots, and with out the guarantee of that his investors backed out.
2006-11-21 01:01:16 · answer #3 · answered by janssen411 6 · 0⤊ 0⤋
Obviously WWE and WCW thought it would be better for an invasion storyline so they let Shane O'Mac buy WCW instead
2006-11-20 10:17:27 · answer #4 · answered by HHH 6 · 0⤊ 2⤋
Vince bought the company & disbanded it.
2006-11-20 12:49:00 · answer #5 · answered by Anonymous · 0⤊ 0⤋
AOL/TIME WARNER WOULD NOT GIVE HIM THE TV TIME SO HE COULD NOT BRODCAST IT WHIVH IF HE COULD NOT BRODCAST IT WAS BASSICLLY WORTHLESS.
2006-11-20 11:43:04 · answer #6 · answered by Anonymous · 0⤊ 1⤋