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In American professional wrestling, the term Black Saturday refers to Saturday, July 14, 1984, the day when Vince McMahon's World Wrestling Federation (WWF, now WWE) took over the timeslot on Superstation WTBS that had been home to Georgia Championship Wrestling (GCW) and its flagship weekly program, World Championship Wrestling, for twelve years.
After the Sting/Flair match, Vince appeared on Raw to close Nitro and to declare victory over WCW. Vince's son Shane McMahon then appeared on Nitro, declaring that it was actually he who had bought WCW. This initiated a storyline in which Shane led a WCW invasion of the WWF. [110]
World Championship Wrestling (WCW) was an American professional wrestling promotion founded by Ted Turner in 1988, after Turner Broadcasting System, through a subsidiary named Universal Wrestling Corporation, purchased the assets of National Wrestling Alliance (NWA) territory Jim Crockett Promotions (JCP) (which had aired its programming on TBS).
Vince McMahon, the founder of WWE who resigned from the board of TKO Group earlier this year amid sexual assault allegations against him, filed to sell more than $400 million worth of TKO stock ...
On the February 22, episode of Raw, McMahon presented the first-ever "Vincent J. McMahon Legacy of Excellence" Award to Stephanie before being interrupted Shane McMahon, who returned to WWE for the first time in over six years, confronting his father and sister, and claiming that he wanted control of Raw. This led to Vince book Shane against ...
Vince’s son Shane was involved with the company as a wrestler, often a part of his father’s storylines — including a match against Vince at WrestleMania 17 — wrestling the Undertaker at ...
Instead of matches taped weeks in advance with studio voice overs and taped discussion, Raw was a show shot and aired to a live audience, with angles and matches playing out as they happened. Raw originated from the Grand Ballroom at the Manhattan Center , a small New York City theater, and aired live each week.
Vince McMahon continues to cash out his stock in TKO Group Holdings, the company formed by the merger of WWE and UFC that is majority-owned by Endeavor. McMahon, the founder of WWE, resigned from ...