(2019 Note: You know, this was the 105th post on the original DTM Blog and yet it has graced this new unified site as the overall 100th post. In all honesty, I could not think of a better “landmark” posting to mark the occasion. For the record, I’m using the expanded version that was later posted on the Webstation and not the blog original, which is shorter.)
Sometime in March 2001, World Wrestling Federation Entertainment Inc. (now known as World Wrestling Entertainment) had purchased all related assets of World Championship Wrestling from AOL-Time Warner after the company had lost close to $60 million in the previous year.
I’m not going to tell the story of how the company, who had reinvigorated the wrestling industry with the creation of the New World Order angle, went from top of the world to the bottom of the comode, since that story is well documented in the book entitled The Death of WCW by RD Reynolds and Bryan Alvarez. However, let’s go on with the fallout of that purchase… based on various internet sources, said book, and my own (vague) recollections. Some of this might be inconsistent, but I’m not in possession of a time machine.