4.6 • 13.2K Ratings
🗓️ 12 May 2021
⏱️ 34 minutes
🧾️ Download transcript
It’s the early 1980s and there’s peace in the wrestling business. For years regional wrestling companies have maintained order by sticking to their own slices of US and Canadian territory.
But that’s all about to change. Vince McMahon has just taken over the World Wrestling Federation, and he wants war. He’s on a mission to crush all opposition and establish the WWF as the only wrestling game in town.
But his assault on the wrestling status quo will also make him a powerful enemy: cable TV mogul Ted Turner.
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0:00.0 | Hey, prime members, you can listen to Business Wars ad-free on Amazon Music. |
0:04.6 | Download the app today. |
0:06.4 | A listener note. |
0:08.7 | In the years since we aired the bruising battle between the world wrestling federation |
0:12.6 | and world championship wrestling, there's been a shake-up in the ring. |
0:16.7 | For starters, there's a new heavyweight, all-elite wrestling, and it's found a familiar home |
0:21.4 | on cable television, TNT. |
0:24.4 | The new contender is EGierre More Realistic, has a billionaire backer and is drawing in |
0:29.5 | a younger audience, much like its predecessor WCW once did. |
0:34.6 | That's why we thought it was time to revisit this business wars season, to see the many |
0:38.8 | similarities and the striking differences between these two epic industry smackdowns. |
0:45.4 | It's June 1982, and Vince McMahon is in a suite at the plush Warwick |
0:59.3 | Hotel in Midtown Manhattan. |
1:01.9 | He's 36 years old with a pump-a-door hairdo, and he's here to make the deal of his life. |
1:07.8 | A deal with his 67-year-old dad, Vincent McMahon Senior. |
1:14.5 | Vince opens his briefcase and pulls out multiple copies of the contract that will give his |
1:19.7 | company Titan Sports Control of the World Wrestling Federation. |
1:27.2 | Back in 1954, Vincent Senior founded the organization that would ultimately become the WWF. |
1:33.7 | Now, he's ready to retire. |
1:36.8 | The WWF is one of 30 regional wrestling organizations operating in the United States and Canada. |
1:42.8 | Each controls their own slice of territory, and they all stay out of each other's way. |
1:49.0 | The WWF owns the Northeastern US, one of the most lucrative territories of all. |
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