IS Now Owned By
Updates
WCW bought by WWF: 27th March 2001
There is much to this story. Read all the details on the WWF and WCW official websites, in addition to sources such as Wrestling Observer and Pro Wrestling Torch
WCW Sold: 11th Jan 2001
Time Warner agrees to sell World Championship Wrestling ATLANTA (Reuters) - Turner Broadcasting System Inc., a unit of media giant Time Warner Inc. , said Thursday it has agreed to sell its money-losing World Championship Wrestling unit to Fusient Media Ventures. Financial details were not being released, Turner executives said in a conference call with reporters. Fusient's principals include the former head of the WCW and the founders of the Classic Sports Network cable-TV service, according to a news release. Analysts have estimated that WCW, which produces professional wrestling shows and runs second to World Wrestling Federation Entertainment, lost about $80 million during 2000.
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