Seems WWE's new restrictions on outside third party services for their talent is even worse than previously assumed.
Before it was assumed that Twitch accounts would be mostly left alone as long as talent removed any WWE owned ring names or references in the accounts. Turns out WWE is taking over ownership of those accounts regardless if they are under their talents real names and also taking a chunk out of any money earned by their talent on the service.
Even worse is any leftover money talent receives from Twitch will now count against their downside guarantees meaning they are no longer earning any extra money on the side.
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Originally Posted by WrestlingInc
Wrestling Inc. has learned that Vince McMahon sent an email to talent this week reminding them that they have until this Friday, October 2nd, to sever any unauthorized business relationships with third parties. It was noted that talent who fail to comply could be fined, suspended or terminated.
As Wrestling Inc. first exclusively reported in September, McMahon issued an edict instructing talent that they can no longer engage with third parties. The company later clarified the edict, stating that talent could maintain Twitch and YouTube accounts under their real names, however they would still need to inform the company of those accounts.
Wrestling Inc. has also learned that talent were told this week that the company will be taking control of their Twitch accounts in four weeks. WWE will own those accounts, however talent will receive a percentage of the revenue, which counts against their downside guarantees.
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