McMahon is moving from CEO to Executive Chairman, relinquishing creative control to Paul "Triple H" Levesque in the move.
"Throughout the promotion’s history, fans have had times when they openly questioned what it is Vince McMahon is trying to accomplish, but they keep coming back....
"Horowitz is one of the most influential producers in sports media, having helped create content for NBC and ESPN and helped launch FS1."
"The company has a $21 billion valuation."
WWE will continue its quest for a new broadcast home, and has postulated deals with various over-the-top (OTT) streaming platforms as a potential move.
The new presentation will feature a rotating panel of hosts and contain appearances from various WWE personalities and superstars.
"The WWE drew considerable interest from the time it was put up for sale, with more than 60 counterparties exploring a potential acquisition."
"Obviously, I couldn’t say anything but incredible, positive things about it.”
"Liberty is no stranger to the sports or media spaces. It owns the Atlanta Braves, SiriusXM and Formula 1 Racing."
"The Endeavor COO did not give a target number for cost reduction."