Why WCW went out of business. [Archive]

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PullMyFinger

03-24-2008, 01:02 PM

BigDaddyCool

03-24-2008, 01:05 PM

Scott Stiener is not the reason they went out of business. The reason they went out of business was poor management and AOL buying out Time Warner.

PullMyFinger

03-24-2008, 01:08 PM

For real? I know, I'm just pointing out one of their more chaotic bookings during their final year.

BigDaddyCool

03-24-2008, 01:09 PM

Oh, well I don't have sound, so all I saw was Stiener. But yeah, the booking was everywhere.

Porcupine

03-24-2008, 01:17 PM

I dunno, I for one loved/love this kind of booking. Its very entertaining to me.

Xero

03-24-2008, 01:17 PM

Afterlife

03-24-2008, 02:00 PM

Steiner on top of anything is bad booking.

Afterlife

03-24-2008, 02:02 PM

Scratch that: Steiner is bad booking.

Purgatory

03-24-2008, 02:20 PM

For real? I know, I'm just pointing out one of their more chaotic bookings during their final year.

AOL kinda pulled the rug from under their feet when they bought TimeWarner, as that led to WCW losing TV braodcasting. Things started looking up when Fuscient Media/w Eric Bischoff had offered to buy out WCW and keep the promotion running, but a major player behind Fuscient had decided to pull out of the deal, thus putting the final nail in WCW's coffin. WWE bought the brand for $2.0 million, or something.

Either way, it was a really shitty way to go. I used to love WCW. :(

Outsider

03-24-2008, 02:24 PM

AOL kinda pulled the rug from under their feet when they bought TimeWarner, as that led to WCW losing TV braodcasting. Things started looking up when Fuscient Media/w Eric Bischoff had offered to buy out WCW and keep the promotion running, but a major player behind Fuscient had decided to pull out of the deal, thus putting the final nail in WCW's coffin. WWE bought the brand for $2.0 million, or something.

Either way, it was a really shitty way to go. I used to love WCW. :(

Fuscient only pulled out because AOL cancelled the TV time, meaning the promotion would have had to find a new slot.

It was after that happened that WWE came in and brought the contracts, rights and video library it wanted for fuck all.

DrA

03-24-2008, 02:59 PM

I love it.

Theo Dious

03-24-2008, 03:55 PM

Scratch that: Steiner is bad booking.

Yeah, and jobbing Steiner to Kevin Nash in such a pathetic fashion is morally wrong.

Though the gimmicked cast in that clip was awesome, but it just went down from there.

Additionally, I maintain that the Fusient/Bischoff thing would have bought them another year at best. They still didn't have a real solid booking team and their talent was still entirely B-grade and yet-to-be-knowns.

PullMyFinger

03-24-2008, 05:00 PM

lol What a surprising swerve!

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PullMyFinger

03-24-2008, 05:08 PM

03-24-2008, 05:14 PM

AOL kinda pulled the rug from under their feet when they bought TimeWarner, as that led to WCW losing TV braodcasting. Things started looking up when Fuscient Media/w Eric Bischoff had offered to buy out WCW and keep the promotion running, but a major player behind Fuscient had decided to pull out of the deal, thus putting the final nail in WCW's coffin. WWE bought the brand for $2.0 million, or something.

Either way, it was a really shitty way to go. I used to love WCW. :(

Well to dig a little further on the MNW DVD comments, Bischoff's backer who left was Hulk Hogan, correct? I remember reading about Hogan in the deal then leaving back in 2001

Hanso Amore

03-24-2008, 06:17 PM

Well to dig a little further on the MNW DVD comments, Bischoff's backer who left was Hulk Hogan, correct? I remember reading about Hogan in the deal then leaving back in 2001

Hogan doesnt have that kind of scratch.

I just finished the Death of WCW. Great read.

They had a few Wall Street bankers investing, anf when they saw that WCW lost 50 Million the year before and lost their TV shows, they backed out, because then they were just buying debt and a shitty name.

WCW was killed by spending far too much money and not doing what it took to bring more in. They shitty booking led to dropping rating, but had they not lost all the money they did, and were still in the green, they would have never closed when they did.

Road Warrior

03-26-2008, 09:26 AM

Shitty booking, AOl/Time Warner"s stock dropping from 83.00 a share to 2.30 a share,NO FUCKING MONEY!!!!

BigDaddyCool

03-26-2008, 09:53 AM

Hogan doesnt have that kind of scratch.

I just finished the Death of WCW. Great read.

They had a few Wall Street bankers investing, anf when they saw that WCW lost 50 Million the year before and lost their TV shows, they backed out, because then they were just buying debt and a shitty name.

WCW was killed by spending far too much money and not doing what it took to bring more in. They shitty booking led to dropping rating, but had they not lost all the money they did, and were still in the green, they would have never closed when they did.

I've read that book twice. I take it with a grain of salt as they weren't there so they don't know all the reason behind every decision. I believe Bischoff when he says he was planning on bring in Warrior for a long term contract, not just so Hogan can be beat him and leave, only for Warrior to flake out. Cause flaking out and rambling is the Warrior's style.

NeanderCarl

03-28-2008, 07:41 PM

WCW died because it needed more cowbell.

Mooияakeя™

03-28-2008, 07:58 PM

You can say wtf you want, but I was more interested watching that first vid, and the others that followed than I have been in WWE all fucking year and more more interested in what Steiner was going to do with the brass knucks thatn I have ever been in TNA.