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Video Libraries
Does anyone know the exact amount that the WWE paid for the WCW (which included NWA and Georgia I believe) video Library? How about for ECW? Did they buy the AWA library as well?
I remember hearing they paid a small amount for WCW. I can't understand this as with the breakthrough of DVD's you'd figure so many people would see the potential of owning this library. |
I dont know, but I like your avatar
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I'm pretty sure the tape library was included with the purchase of WCW, because Bischoff's consortium would have gained everything except TV time had his purchase gone through.
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I seem to remember it being some stupidly low amount like $4Million (well, low considering) as I thought at the time, "If I won the Lottery, I could buy WCW.."...
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I think it was like 2.5 mil
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Yeah I heard $2,500,000 as well.
As far as the AWA footage goes - my understanding is that WWE bought out footage from Gagne and some other owners, but that Gene Okerlund's kid and maybe a group of others still own AWA footage. Who knows if McMahon swooped in and bought that too though. At least [for the time being] he can't get his hands on the FL footage, as Mike Graham owns the rights and won't part with the footage. He makes a good deal on it I believe, but McMahon would make 500,000 times that. We'll see in the future I guess, maybe if Mike ever needs cash, or when he passes whoever gets the rights might want to part with it. |
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