WWE Shares Pop On Upgrade, Merger Buzz After Vince McMahon Exit

former CEO Vince McMahon — bringing the total of unrecorded payments up to $19.6 million.WWE revealed in a statement to the SEC on Tuesday that, on June 17, a special committee was «conducting an investigation into alleged misconduct» of McMahon — who then resigned as CEO on July 22, amid the investigation.«On July 25, 2022, the Company announced that it has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future totaling $14.6 million) were not appropriately recorded as expenses in the Company’s consolidated financial statements,» the SEC filing document stated. «Since that time, the Company has determined that two additional payments totaling $5.0 million, unrelated to the allegations that led to the Special Committee investigation, that Mr.

World Wrestling Entertainment said Tuesday an independent board probe of former CEO Vince McMahon showed additional unrecorded payments of $5 million, bringing the total to $19.6 million.

Joe Otterson TV Reporter“Monday Night Raw” saw its linear ratings rise this week as the post-Vince McMahon era of WWE begins.Monday’s show on USA Network drew an average audience of 2.3 million viewers and a 0.6 rating in the key adults 18-49 demographic, according to Nielsen figures. That represents a two-year viewership high for “Raw” and an improvement of 21% in viewership and 20% in the key demo versus last week (1.9 million, 0.5 rating).Paul “Triple H” Levesque is now in charge of WWE’s creative efforts in addition to his role as executive vice president of talent relations.

EXCLUSIVE: Adam Ray, who portrayed Jay Leno in Disney+’s Pam and Tommy and Vince McMahon in NBC’s Young Rock, has joined the cast of Kumail Nanjiani’s Hulu Chippendales biopic Immigrant.

Ariana Grande is not here for the critics!

Jack James Ryan has shared his support to his 'brillant' co-star after she confirmed her last scenes on Coronation Street. The actor, who plays Jacob Hay in the ITV soap, took to Twitter to praise the actress who is the second person to announce their Weatherfield exit this week.

Gemma Owen leads a glam life outside of the Love Island villa and the 19 year old is not shy when it comes to sharing stunning updates on Instagram. Her down-to-earth personality has not gone unnoticed on the show and with the Islanders now in their final days in the villa, talk is turning to what the couples will do when they leave Mallorca. Away from the fluorescent lights and colourful bean bags, Gemma leads a pretty glam life, filled with extravagant trips abroad and plenty of time with her much-loved horses.

The final week of Love Island is now in full swing as one loved-up couple will soon be crowned the winner of series eight. After eight long weeks of romance, fallouts, friendships and bombshells, only six couples now remain in the running to bag the £50,000 cash prize.

Vince McMahon’s retirement announcement last week, the WWE will revise financial statements dating back to 2019. According to the organization, almost $15 million of payments made by McMahon should’ve been recorded as expenses.In an SEC filing this week, the company noted that it it “has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future), and that were not recorded in the WWE consolidated financial statements, should have been recorded as expenses in the quarters in which those agreements were made.”According to the WWE, the aggregate amount of the payments during this period totals $14.6 million, and all payments were or will be paid by McMahon personally.

Word Wrestling Entertainment said Monday that $14.6 million of  payments by former CEO Vince McMahon from 2006 to 2022 weren’t recorded in the company’s accounts but should have been, and as a result the company will revise some of its previously issued financial statements.

Todd Spangler NY Digital EditorWWE will revise financial statements going back to 2019, saying that a total of $14.6 million of “certain payments” that Vince McMahon made while chairman and CEO should have been recorded as expenses.McMahon on Friday announced that he was retiring from WWE. That came fives weeks after he said he would be stepping down from his roles as chairman and CEO of WWE amid an ongoing investigation into allegations that he paid out millions of dollars to multiple women to keep quiet about alleged affairs and misconduct.On Monday, WWE said it “has made a preliminary determination that certain payments that Vince McMahon agreed to make during the period from 2006 through 2022 (including amounts paid and payable in the future), and that were not recorded in the WWE consolidated financial statements, should have been recorded as expenses in the quarters in which those agreements were made.” Those payments were — or will be — paid by McMahon personally.

Hours after Vince McMahon’s retirement as CEO from his WWE empire, his daughter, Stephanie McMahon, passed along her father’s thanks to fans in a live appearance on Fox’s WWE Friday Night SmackDown.

Vince McMahon announced Friday he’s retiring as WWE’s chairman and CEO.