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Originally Posted by Jeritron
And the victor won for a reason.
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Unless the reason you have in mind is "sheer fucking luck," No.
Both companies had people at the top who knew shit, but happened to get lucky and click with certain ideas. It's more a random collision of atoms forming life than any real reason of intellect, planning, or creativity.
The actual fall of WCW didn't even really have to do with wrestling, bad booking, or ratings. WWE "won" because out of two incompetent companies, one had the plugged pulled on them for external reasons.