Vince McMahon, the former WWE Chairman, is reportedly launching a new entertainment company. This new venture, described as an "entertainment hub company", aims to provide financial backing, development, and production of film and television projects. The company will focus on both fiction and nonfiction works, steering clear of professional wrestling.
Despite ongoing legal challenges, including allegations of sexual assault and sex trafficking, McMahon is moving forward with his plans. Several former WWE executives, including Brad Blum and Kristen Prouty, are said to be involved in the new company. The venture is expected to be based in Los Angeles, California.
The announcement comes after McMahon's resignation from WWE and TKO Group Holdings earlier this year. While the legal issues remain unresolved, McMahon's new company is seen as a fresh start and a way to continue his legacy in the entertainment industry.
