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Search resuls for: "TKO’s Board"


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CNN —Vince McMahon has resigned from his role as executive chairman of TKO, the parent company of WWE, following disturbing allegations of sexual assault, trafficking and physical abuse. In the lawsuit, Grant alleged that McMahon dangled a job offer at WWE – and later promotions – in exchange for sex. McMahon engaged in acts of “extreme cruelty and degradation” toward Grant during her time at WWE, the lawsuit alleged. He initially retired from his role as CEO and chairman of WWE in July 2022 amid allegations of sexual misconduct. The investigation was closed in November 2022 and McMahon returned to WWE’s board in January 2023.
Persons: Vince McMahon, Janel Grant, behemoth McMahon, McMahon, ” McMahon, Grant, John Laurinaitus, Nick Khan, ” Khan, “ McMahon, ” McMahon’s, Grant’s, Ari, , Ann Callis, McMahon’s, Dwayne “, ” Johnson, , Johnson Organizations: CNN, WWE, UFC, Hollywood, Ari Emanuel’s Endeavor Group, Netflix Locations: Laurinaitis
CNN —A former WWE staffer has accused the company’s founder, Vince McMahon, of sexual assault, trafficking and physical abuse in a lawsuit filed Thursday. In a statement, WWE’s parent company, TKO Group Holdings, said McMahon does not control TKO or oversee day-to-day operations at WWE. Led by McMahon, WWE and UFC, a mixed-martial arts entertainment competitor, announced in April 2023 that they would combine to form TKO. Lawsuit details disturbing allegationsAccording to the lawsuit, Grant was introduced to McMahon in 2019 when she was looking for work. The lawsuit also detailed an alleged sexual assault among Grant, McMahon and Laurinaitis that occurred at WWE’s headquarters in 2021.
Persons: CNN —, Vince McMahon, Janel Grant, McMahon, Grant, , John Laurinaitis, , WME, Ann Callis, , ” Callis, Mr, ” McMahon, Ari, Dwayne “, ” Johnson, Johnson Organizations: CNN, WWE, UFC, ” WWE, Endeavor, Netflix Locations: Connecticut, McMahon’s, Laurinaitis, Hollywood
He also secures full ownership of his stage name, “The Rock,” as part of the deal. I’ve been there, I’m still there and this is for them.”The TKO board now has 13 members, following Tuesday’s appointment of Groupon co-founder Brad Keywell as well. “Very few people on the planet understand the convergence of sports, entertainment, media, and business like Rock,” Vince McMahon, executive chairman of TKO’s board said. The show will begin streaming live January 2025. WWE had an early foray into the streaming business but largely failed to win enough subscribers to support itself.
Persons: New York CNN — Dwayne “, ” Johnson, , Johnson, Johnson’s, I’ve, I’m, Groupon, Brad Keywell, ” Vince McMahon, , Mark Shapiro Organizations: New, New York CNN, Holdings, WWE, UFC, Netflix, ZOA Energy, Seven Bucks, United Football League, World Wrestling Entertainment, Endeavor Group, Endeavor, Comcast’s USA, NBC Locations: New York
“The Rock” is a name is derived from Johnson's father, WWE Hall of Famer Rocky Johnson, who was the first Black champion in WWE history (alongside partner Tony Atlas), according the WWE. “I am thrilled to partner with Dwayne and welcome his immense talent to TKO’s Board," TKO CEO Ariel Emanuel said in a prepared statement. He has recently appeared on World Wrestling Entertainment Inc.'s “Smackdown” and “Raw” television programs, with rumors swirling that he may compete at this year's WrestleMania. "I’ve been there, I’m still there and this is for them.”TKO also announced Tuesday that Brad Keywell will become a board member. The additions of Johnson and Keywell will increase TKO's board from 11 to 13 members.
Persons: Dwayne Johnson, Johnson, WWE Hall of Famer Rocky Johnson, Tony Atlas, , Dwayne, Ariel Emanuel, ” Johnson, I’ve, I’m, ” TKO, Brad Keywell, Keywell Organizations: WWE, UFC, WWE Hall of Famer, Seven Bucks, Energy, United Football League, TKO’s Board, Holdings Inc, Wrestling Entertainment Inc, Echo Global Logistics
Total: 4