Vince McMahon Launches New Entertainment Venture

Vince McMahon is reportedly launching a new entertainment company focused on producing film and television projects, marking a departure from his previous wrestling-centric endeavors with WWE. This new venture, described as an 'entertainment hub company', will involve former WWE executives such as Brad Blum and Kristen Prouty, and will be based in Los Angeles. The company will not compete with WWE or TKO Group Holdings, instead focusing on fiction and non-fiction entertainment. McMahon resigned from his role at WWE and TKO due to ongoing federal investigations and lawsuits related to allegations of sexual misconduct and trafficking. Despite these legal hurdles, McMahon is pressing forward with his new company, though its official launch is contingent upon the resolution of his legal issues. The move signifies McMahon's shift towards mainstream entertainment, leveraging his Hollywood connections and previous WWE relationships.