WWE President Nick Khan has opened the door to the possibility of the Stamford-headquartered company considering a potential acquisition.
In an interview on the podcast Recode Media, Khan was asked whether the company would be open to selling itself to new ownership.
“Well, look, we”™re open for business on anything and everything,” Khan said. “And even some of the business plans that we”™ve announced recently, I think, are different or unique to what the company has traditionally done.
“So, we”™re open for business,” he said. “If somebody calls, we”™ll listen. But we”™re not active ”“ we”™re not out in the marketplace trying to change that structure.”
WWE has been through a tumultuous period during the Covid-19 pandemic, which saw the evaporation of its live events and the associated merchandising.
The company resumed its live shows last month and has recently pursued new endeavors, including a streaming contract with NBCUniversal”™s Peacock, a podcasting contract with the Spotify subsidiary The Ringer, a proposed narrative dramatic series on WWE founder and CEO Vince McMahon and an entry into the fast-growing nonfungible token marketplace highlighting WWE star-turned-Hollywood leading man John Cena.
