An update on Vince McMahon.
PWInsider.com can exclusively confirm that there are multiple sources with knowledge about former WWE Chairman, Vince McMahon being in the process of setting up a new company that is described as an entertainment hub that would focus on projects that are fiction and non-fiction.
PW Insider was able to confirm that two former names who worked with the WWE are set to work with Vince for this new company. Those names are WWE’s former Chief Operating Officer, Brad Blum, and Kristen Prouty, the former Senior Vice President, and Entertainment Relations. Both departed from the WWE after Vince resigned from his position.
There are no plans for this company to launch anything related to the WWE. The company is set to be based in Los Angeles, and for those who are wondering, Kevin Dunn has not had any involvement with this project from Vince McMahon.
Janel Grant, a former WWE employee, filed a lawsuit in January against Vince McMahon, WWE, and John Laurinaitis. The lawsuit accuses McMahon of sexual assault and sex trafficking. On May 30, Grant agreed to pause the lawsuit for six months while the federal investigation continued against McMahon, who resigned from TKO/WWE following the lawsuit being filed.
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