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Business Wars

WWF vs WCW - Titan Rising | 1

Business Wars

Audible

History, David Brown, Business, Management

4.613.5K Ratings

🗓️ 9 September 2019

⏱️ 33 minutes

🧾️ Download transcript

Summary

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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Transcript

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0:00.0

Hey, prime members, you can listen to business wars at free on Amazon music.

0:04.8

Download the app today.

0:07.0

It's June, 1982, and Vince McMahon is in a suite at the plush Warwick Hotel in Midtown

0:21.6

Manhattan.

0:22.6

He's 36 years old with a pump-a-door hairdo, and he's here to make the deal of his life.

0:28.8

A deal with his 67-year-old dad, Vincent McMahon Senior.

0:35.6

Vince opens his briefcase and pulls out multiple copies of the contract that will give his

0:40.8

company Titan Sports Control of the World Wrestling Federation.

0:48.2

Back in 1954, Vincent Senior founded the organization that would ultimately become the WWF.

0:54.7

Now, he's ready to retire.

0:57.9

The WWF is one of 30 regional wrestling organizations operating in the United States and Canada.

1:03.8

Each controls their own slice of territory, and they all stay out of each other's way.

1:10.0

The WWF owns the Northeastern US, one of the most lucrative territories of all.

1:17.1

Vincent stares at the contracts on the coffee table.

1:21.2

He never wanted his son to follow him into the wrestling business.

1:25.0

He hope Vince would forge a career outside that rough and tumble world, but his son

1:30.9

is obsessed with wrestling, and nothing will deter him from pursuing his dream.

1:36.6

Not the WWF's million dollar price tag, nor the clause in the contract that will return

1:42.4

control of WWF to his dad if he fails to pay every installment on time.

1:49.3

Vincent flips through the contract and points to that paragraph.

1:53.4

Son, you do understand that you will lose everything if you miss just one payment, right?

2:00.4

Vince nods,

...

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