December 4, 2000 Wrestling Observer Newsletter: ECW turmoil, WCW Mayhem review, more

With just days before its next PPV, Extreme Championship Wrestling is in a state of turmoil to the extent that Paul Heyman at first didn’t want to even announce a card because he doesn’t know what wrestlers would appear.

After many, if not most of the wrestlers and employees missed another check, putting them six weeks behind on pay, and with the Texas house shows officially canceled, the company only has three shows left on the books and a crew of panicked talent and an almost complete lack of trust among the talent toward Heyman.

The house shows scheduled for 12/8 and 12/9 in Dallas and Houston were canceled. At first word was spread that the cancellation was because some of the talent booked themselves on an indie show in Fort Worth on 12/7 (bookings that the local promotion, XSE, claimed Heyman pulled Steve Corino, Sandman, Yoshihiro Tajiri and Mikey Whipwreck from this past week), which somehow caused a Dallas cancellation.

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November 13, 2000 Wrestling Observer Newsletter: WWF not buying WCW, ECW November to Remember review, more

With the WCW crew enroute to Europe for a one-week tour, the questions about the future of the company remain.

With little substantial information available, much of the talk going around consists of rumors, but it is clear the two possibilities remain–the company will either be purchased by a group headed by Eric Bischoff, or have its expenses cut to as much bare bones as possible and remain part of Turner Broadcasting. While the rumors within the company were strong of the latter most of the week, that still seemed to be the least likely possibility based on those closer to the situation.

Based on an article in the online Broadcasting and Cable magazine, using Linda McMahon as the source, talks have broken down between the two companies. The WWF purchase, considered the most likely scenario just a few weeks ago, had strongly cooled in recent weeks. Vince McMahon, publicly, as late as 11/1, had talked about it as being something the company was looking into and it was still under consideration as late as the weekend. 

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October 23, 2000 Wrestling Observer Newsletter: The fates of WCW and ECW

It’s come down to the finish line in the story of how the wrestling industry is going to shake down.

Exactly what the future of World Championship Wrestling and Extreme Championship Wrestling will end up being is up in the air, and it has never been a more harrowing time to be a full-time pro wrestler in the United States.

Most believe the two most likely companies that will wind up owning WCW before the next few weeks are up are either the World Wrestling Federation, or a company put together by Eric Bischoff. Many sources close to the situation seem to peg the WWF deal as being far more likely since at press time it appeared the Bischoff group had taken itself out of the running. The belief is that the WWF would run WCW as a separate company building up to a promotion vs. promotion feud, which wouldn’t occur right away, but with both groups under t

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September 4, 2000 Wrestling Observer Newsletter: Fantastic WWE Summerslam reviewed, big ECW weekend, more

As the bar raises once again, the question becomes when does the bar hit the breaking point.

SummerSlam was a spectacular show, with a great main event storyline going in, and even with a little tweaking of the main event itself due to Kurt Angle’s injury, a strong storyline paid off at the end while leaving the viewers still wanting more. But the match that stole the show was the tables, ladders and chairs match with Christian & Edge, The Dudleys and the Hardys.

There were numerous spectacular bumps from the top of the ladders, both in the ring, and over the top rope through tables. Although everyone involved was probably plenty sore the next morning, nobody was seriously hurt. Earlier in the show, Shane McMahon did a spectacular looking stunt bump, falling backwards some 30 feet into what was apparently a very safe crash bad in a garbage bin. It’s already a given that not just independent wrestlers, who imitate what they see in the big-time, but kids in their backyard, are going to imitate what the WWF does.

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July 24, 2000 Wrestling Observer Newsletter: ECW Heatwave review, wrestling business uncertainty, more

While a hot PPV show and an impromptu brawl in the middle of the show stole the headlines, in the big scheme of things, with the future of the company at stake, those were only minor issues.

After five years of the biggest boom period in the history of this industry, pro wrestling, ironically, like so many industries in this ever changing world, has never been faced with so much uncertainty. Despite more attention than ever before, the landscape may have never looked more scary.

There is really only one major promotion in the world that can be described as stable and with a future that at least short-term looks bright, the World Wrestling Federation. With a place on the stock market, and the CBS/Viacom deal along with a business partnership with NBC, opening so many new promotional doors, not to mention record revenues from various sources and building the strongest minor league foundation to insure a steady supply of what the life blood of the industry is, young fresh talent.

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July 10, 2000 Wrestling Observer Newsletter: WWF signs Brock Lesnar, future of ECW, more

With the WWF television situation being straightened out, now all eyes are on the future of ECW, both as far as national television and the company’s survival itself.

ECW was officially canceled, as expected, by TNN effective with the show airing on 9/22. This date appears to preclude any chance of USA Network having ECW ready to go on the air the Monday after WWF leaves (which is believed to be the first week of September, although nobody has been able to confirm an official date), in an attempt to have a wrestling show ready to keep at least a small part of the huge audience that by habit tunes to USA in that time slot. At press time, ECW had not signed a deal for the new TV season.

Reports are there has been communication between ECW and USA over the past week but no deal has been finalized, nor has any decision been made by Barry Diller regarding whether USA would even want a wrestling show for the new season. Those who have been in negotiations with FOX indicate that while they have negotiated with a number of different people, what the station is looking for is a one hour late afternoon Monday through Friday show that would be provided to the network largely aimed at kids and teenagers, which the ECW product would have to be heavily modified to fit. Those who have been in negotiation with FOX about wrestling say they are mainly interested in either doing something with WCW, or doing something with Hulk Hogan, independently of WCW.

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July 3, 2000 Wrestling Observer Newsletter: WWF wins lawsuit to go to Viacom, King of the Ring review, more

Delaware Chancery Court Judge William Chandler ruled in favor of the World Wrestling Federation and Viacom on 6/27 in the lawsuit filed by the USA Network, which will result, officially, in September, for all WWF cable programming moving to Viacom stations TNN and MTV.

Chandler ruled against USA Network’s claim that their right of first refusal in the contract, which expires in September, only pertains to the four wrestling shows on the network and not to an overall marketing deal between Viacom and the WWFE as a company. USA agreed to meet Viacom’s $26 million bid for Raw, Sunday Night Heat, Live Wire and Superstars in specific, but would not, and could not, meet the overall bid which included money to develop other non-wrestling related television shows as well as synergistic promotions including advertising on Viacom owned radio stations, promotions on company owned billboards and in theme parks as well as a book publishing deal with Viacom-owned Simon & Schuster.

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June 12, 2000 Wrestling Observer Newsletter: Paul Heyman meets with ECW talent, PRIDE 9 results, more

Paul Heyman, who hadn’t appeared at an ECW event since the Hardcore Heaven PPV, surprisingly, after missing the TV taping on 6/2 in New Orleans, flew to Pensacola, FL for the house show for a lengthy ECW team meeting.

The one hour long meeting was largely a pep talk, since most of the wrestlers hadn’t even spoken to Heyman in a month, and with smaller crowds, slightly declining ratings and late checks, morale had hit a new low.

Heyman went through a story about where he saw the wrestling business in the U.S. headed. The theory he had was that WWF and USA Network would settle their lawsuit before going to trial because both have so much dirt on the other that would come out in court that both sides stock prices would drop and suffer public embarrassment. At that point he figured USA Network would get a strong settlement and WWF would go to CBS Viacom, moving Raw to TNN on Monday nights. He talked about the chance that ECW would get on USA Network or possibly FOX.

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Classic Audio: June 30, 2007 Bryan and Vinny Show: ECW, TNA, Benoit Situation

After skipping Tuesday due to the Benoit story, the Bryan & Vinny Show returns today with a look at ECW, TNA, Smackdown and, yes, THE HACKSAW JIM DUGGAN BEST-OF RELEASE ON WWE 24/7. We’ll discuss Vince’s thoughts on the tragedy, two weird WWE follow-up shows, the “best Impact ever”, and some fun and whackiness from the 80s involving such character as Hacksaw, TIGER CHUNG LEE, Andre the Giant and more. We’re getting back into the groove, so hopefully everyone enjoys it!

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June 5, 2000 Wrestling Observer Newsletter: Pillman Memorial show, potential shift in the pro wrestling landscape, more

The entire pro wrestling landscape is expected to change greatly over the next few weeks. But there would be no such thing as intelligent speculation on how it’s going to end up.

There are basic points of change for all three major companies in the United States. WWF is attempting to move its television from USA Network to what would become a revamped TNN, with Sunday Night Heat moving to MTV. This can affect ECW, which is also on TNN, in several different fashions, which could either be the greatest break the company has ever received, or its absolute death sentence. WCW is now on the blocks. With Ted Turner looking to leave the Time Warner/AOL conglomerate, the wrestling company, which Turner has always fought to keep in the family when outside offers came in, or during down times when major executives suggested shutting it down, is no longer protected and it’s coming at the worst time possible as the company is suffering from record losses.

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May 22, 2000 Wrestling Observer Newsletter: Jumbo Tsuruta passes away, ECW Hardcore Heaven review, more

Tomomi Tsuruta, who started out as an instant sensation and went on to be one of the most enduring stars in pro wrestling history, passed away at 4 p.m. on 5/13, from complications after undergoing a kidney transplant operation in the Philippines. He was 49.

Tsuruta was an undisputable Hall of Fame calibre performer. He was a major star in pro wrestling literally from the first week of his career in Japan. He was the country’s first truly elite level world class worker and was still arguably the best worker in the business at the time he first took ill, which largely sealed his career two decades later. 

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May 1, 2000 Wrestling Observer Newsletter: Justin Credible wins ECW Heavyweight Championship, safety concerns in Japan, tons more

When the smoke cleared after nine months of title changes largely forced upon him and designed to surprise, Paul Heyman finally went back to the original Plan A–as the latest surprise.

Justin Credible (Peter Polaco), who Heyman had planned to be ECW heavyweight champion dating back more than 18 months, with the idea of not putting the title on him until he had a national television outlet, and being the wrestler that Rob Van Dam would chase in the company’s top program, wound up with the title after two more switches at ECW’s “Cyberslam” show on 4/22 in Philadelphia at the ECW Arena.

The title changes over the past year have all been mandated not by long-term planning, but by short term-reactions to various problems. The original plan was for Shane Douglas to hold it until getting a national outlet, going to Credible for a long run, finally building for Van Dam’s big chase. But that was changed several times along the way. 

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April 17, 2000 Wrestling Observer Newsletter: Mike Awesome jumps ship to WCW, Russo/Bischoff era of Nitro begins, more

At press time, exactly what is going on between WCW and ECW regarding current ECW heavyweight champion Mike Awesome is apparently up in the air.

In a strange series of circumstances, it appeared that Eric Bischoff and Vince Russo, in their attempt to re-create the debuting impact of Nitro in 1995 with Lex Luger’s surprising walking on the set, combined with the incident where Madusa threw the WWF womens title belt in the garbage can, since they were unable to secure any WWF talent, made a huge pitch to garner ECW’s heavyweight champion.

Awesome, who apparently had more than two years remaining on a deal through the late summer of 2002 with ECW, started the weekend by no-showing matches on 4/6 in Cleveland and 4/7 in Warren, OH. There had been some rumors the previous weekend regarding Awesome jumping, with Paul Heyman claiming it would be impossible because of their existing contract.

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March 20, 2000 Wrestling Observer Newsletter: WWF to leave USA network, ECW Living Dangerously review, more

The landscape of American pro wrestling may undergo major changes within the next month.

Starting off, WWF officially gave notice to the USA Network on 3/1 that it is cancelling its contract with them effective in September when the new TV season starts. This isn’t necessarily as big as it sounds, but most feel it is bigger. The WWF’s deal for Raw, Livewire and Superstars expired in September 2001, but WWF has the right to get out of the deal in September 2000 by giving the network six months notice and USA Network has the right to match any offer. The Heat contract expires in September 2000 so they don’t have to give notice on the show. This enables them to officially begin shopping the cable package around to other buyers, but doesn’t necessarily mean they’ll be leaving the USA network.

Based on posturing and media reports, it appears CBS/Viacom is willing to make a huge move, backed up by buying a $100 million equity interest in the company.

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February 21, 2000 Wrestling Observer Newsletter: 1999 attendance numbers, WCW turmoil, tons more

For the year, WWF increased attendance 20%. Monday night Raw ratings for the year as an average increased from a 4.40 average in 1998 to a 6.04 average in 1999, a 37% increase. PPV buy rates for the year increased from a 1.02 average in 1998 to a 1.25 average in 1999 which is a 23% increase. In 1998, WWF sold out 33.5% of its house shows while the figure increased to 63% of its shows in 1999. Average live gate per arena show increased from $188,482 in 1998 to $286,495, a whopping 52% caused by a combination of the increase in attendance and an increase in average ticket price from $18.84 to $23.84.

While there has been no slowdown in live event sales in reality, since WWF has traditionally drawn better January through March every year and this year was no exception, there was a noticeable drop in Monday night ratings in August, coinciding with the beginning of football season. Raw averaged a 6.57 from May through July, which was its all-time peak. The show dropped to a 5.84 average from August through December which is a significant decline during a period when more people are watching television, and that’s with weaker competition from Nitro.

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