Netflix’s CCO Addresses Vince McMahon’s Exit From WWE and TKO After $5 Billion Deal

One of the recent most profitable deals that WWE closed was with Netflix. Monday Night Raw will be available on the streaming giant starting January 2025. This will go on for 10 years and Netflix will be paying over $5 billion to WWE. Following this mega deal, The Hollywood Reporter had the opportunity to interview some Netflix officials.

During the interview, the CCO of the OTT company was asked about her views on Vince McMahon‘s recent resignation from TKO and its subsidiaries. Bela Bajaria had a short yet effective reply.

Netflix CCO has already started seeing past Vince McMahon

The former CEO of WWE joined the TKO board of directors after his company was acquired by Endeavor in the latter half of 2023. After serving as the Executive Chairman for TKO for several months, McMahon resigned from all of his positions on January 26th, following a lawsuit filed against him.

While talking to Bela Bajaria, The Hollywood Reporter asked for her opinion on Vince McMahon’s situation, especially about his resignation from the company. Bajaria answered, “He’s gone. So he’s not there. He’s gone.” While some must have expected a long statement from her, the CCO of Netflix kept it short and effective.

Through her reply, we can understand that she is already looking past the event that has happened. While the CCO feels a certain way about this news, we can’t ignore the repercussions that TKO had to deal with after Vince McMahon announced his resignation from all his posts in the company.

TKO stocks fell a considerable amount after Vince McMahon’s resignation

As reported earlier, Mr. McMahon resigned from all posts in the TKO company on the 26th of January. This move did not only affect the company’s management but also showed its impact on the stock market. After the addition of The Rock to the TKO board of directors, the stock price of the company went considerably high. However, three days later, the stocks went from $86.54 on the 26th of January to $82.73 on the 29th of January.

READ MORE:- 7 Days After Dwayne Johnson Joins the Board of Directors, TKO Stocks Suffer a Downfall Upon Vince McMahon’s Resignation

This was all a result of the impact that Vince McMahon had when he left the company. What do you think about the Netflix CCO’s response? Will McMahon’s resignation affect any other tie-ups that the company has?

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