WWE & UFC Set To Become One Massive Company

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Newest Innovations In Consumer Technology On Display At 2014 International CES
LAS VEGAS, NV - JANUARY 08: WWE Chairman and CEO Vince McMahon speaks at a news conference announcing the WWE Network at the 2014 International CES at the Encore Theater at Wynn Las Vegas on January 8, 2014 in Las Vegas, Nevada. The network will launch on February 24, 2014 as the first-ever 24/7 streaming network, offering both scheduled programs and video on demand. The USD 9.99 per month subscription will include access to all 12 live WWE pay-per-view events each year. CES, the world's largest annual consumer technology trade show, runs through January 10 and is expected to feature 3,200 exhibitors showing off their latest products and services to about 150,000 attendees. (Photo by Ethan Miller/Getty Images)
The WWE and the UFC are officially merging together.

Vince McMahon and the WWE had themselves an incredible weekend. Overall, WrestleMania proved to be a massive success. There were some great matches and the entertainment was off the charts throughout the entire weekend. Moreover, with Roman Reigns retaining his world title, a lot of fans got what they wanted. While it has been a turbulent year for the company, they are still making some massive moves.

A few months ago, it was rumored that the WWE would be sold to a group of investors from Saudi Arabia. However, that is no longer the case. Instead, it is being reported by TMZ that the WWE and the UFC are going to merge and form one massive sports entertainment company. This deal will feature the UFC owning 51 percent of the company, while the WWE will have the other 49 percent. It is a massive new venture that has unlimited potential. As you can imagine, McMahon is very excited.

WWE x UFC

Vince McMahon attends WWE Superstars for Sandy Relief at Cipriani, Wall Street on April 4, 2013 in New York City. (Photo by Brad Barket/Getty Images for WWE)

"Together, we will be a $21+ billion live sports and entertainment powerhouse with a collective fanbase of more than a billion people and an exciting growth opportunity," McMahon said. "The new company will be well positioned to maximize the value of our combined media rights, enhance sponsorship monetization, develop new forms of content and pursue other strategic mergers and acquisitions to further bolster our strong stable of brands." For now, it remains to be seen how this partnership will work. The UFC and WWE are very different, although there are some crossover stars.

One has to imagine that we will find out the ramifications of all this, very soon. No matter what, this could go a long way in solidifying the WWE as the biggest wrestling promotion in the world. As for Dana White and the UFC, they continue to dominate the combat sports space. Let us know what you think of this deal, in the comments below. Additionally, stay tuned to HNHH for more news from the sports world.

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About The Author
Alexander Cole
Alexander Cole is the current editor-in-chief of HotNewHipHop. He started at HotNewHipHop back in 2018 where he began as a Sports and Sneakers writer. It was here where he began to hone his craft, putting his journalism degree from Concordia University in Montreal, Quebec, to good use. Since that time, he has documented some of the biggest stories in the hip-hop world. From the Kendrick Lamar and Drake beef to the disturbing allegations against Diddy, Alex has helped HotNewHipHop navigate large-scale stories as they happen. In 2021, he went to the Bahamas for the Big 3's Championship Game. It was here where he got to interview legendary figures like Ice Cube, Clyde Drexler, and Stephen Jackson. He has also interviewed other superstar athletes such as Antonio Brown, Damian Lillard, and Paul Pierce. This is in addition to conversations with social media provocateurs like Jake Paul, and younger respected artists like Kaycyy, Lil Tecca, and Jeleel!
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