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Originally Posted by Psycho C
Didn't Billionaire Ted pull out of WCW about a year or so before the promotion went the way of the dodo?
I think when Turner gave up on WCW he essentially ended the company.
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Sorta. Turner Networks were bought by Time warner which then merged with AOL. So he didn't really 'pull out.'
But yeah, when Ted sold his controlling interest in Turner, he also gave up control of WCW. Ted was willing to take losses. The folks at AOL weren't.