After stepping down from all positions within TKO, including executive chairman and board membership, following the Janel Grant lawsuit, Vince McMahon is in the process of establishing a new company.
According to PWInsider, McMahon is setting up a new “entertainment hub company” focused on financing, developing, and producing film and TV projects, with no plans to create anything similar to WWE. This new venture will reportedly focus on both fictional and non-fictional content.
A number of former WWE staff members are already involved in preparing this company, with plans to launch once McMahon’s legal matters are resolved. The company is expected to be based near Los Angeles. Kevin Dunn is notably not involved in this project.
Former WWE Chief Operating Officer Brad Blum has joined the project after leaving WWE following McMahon’s initial retirement amid Wall Street Journal reports in 2022. Blum rejoined WWE when McMahon returned, but resigned in May 2024.
WWE’s former Hollywood liaison Kristen Prouty is also involved. She originally joined WWE in 2005 after serving as the casting director for the first Diva Search and was released earlier this year.
Current WWE NXT commentator Booker T addressed this report on his podcast and said the following:
“I think whatever he’s got going on takes precedence over anything going on as far as business. The thing is, I’m sure Vince is chomping at the bit and he’s gotta do something.
He’s not the type of guy to sit around the house, grow old, and do it peacefully. That’s not going to happen. He’s not going to go silently in the night. That’s not going to happen.
So I can definitely see him trying to create something new. What that is, I’m not sure, but I don’t think it’s going to be a wrestling company or anything like that. I would not see him wanting to go through that again.”
Janel Grant’s spokesperson Kendra Barkoff Lamy issued the following statement after this news came out:
“Both on and off the camera, Vince McMahon has built a reputation for his violent outbursts, $exual deviance, manipulation, and abuse. No one who cares about survivors and justice should want to work for or with any company of McMahon’s. He needs to be held accountable for the heinous acts he committed against Janel Grant and others at WWE.”
Kendra also spoke with Forbes and talked about the lack of $exual harassment policy on WWE’s website:
“WWE has been sued many times for failing to protect employees from $exual misconduct by executives and toxic workplace culture, including by Janel Grant, who endured years of $exual abuse at the hands of founder and former WWE CEO Vince McMahon, WWE executive John Laurinaitis, and the WWE organization.
It is outrageous that WWE claims to have improved their workplace environment, yet they have no visible $exual harassment or workplace conduct policies listed on their website.
This means WWE employees have no reference for appropriate behavior and no visible guidelines to report abuse.
This is yet another example of WWE’s carelessness and failure to protect their employees, and we can only hope no one is harmed by this dangerous oversight. WWE employees deserve better.”
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