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Nick Khan: WWE not actively looking to sell despite interested parties

Nick-Khan-WWE

Despite speculation from last year's rounds of cuts in both talent and front office staff, WWE president Nick Khan said they are not in active conversations to sell the company.

In a profile piece for Sports Business Journal, Khan said that while they have taken some calls from interested parties, they are not actively looking to sell.

Khan went into details as to why some of the major changes inside WWE were made, centering around his feeling that some lacked knowledge of media intricacies and didn't have the attitude that WWE is a global content company.

“Vince (McMahon) believed that WWE was at a place where it had earned a seat at the adult table, but others in the company didn’t see it that way,” Khan told John Ourand.

He went on to say, "For the company to be treated the way that Vince, Stephanie (McMahon), Kevin Dunn and myself and others believed it should be treated in the community, you needed executives who reflected that, who had range, who could get people on the phone and who could be taken seriously by their peers."

Khan didn't address any of the talent layoffs, nor did he name specific executives or departments for who he was referring to.

The article focused on WWE's deals with external partners like A&E, Netflix and Blumhouse Media for various documentaries and series, in addition to the strategy of putting out their major live event schedule in advance. The move of some of those big shows to Saturdays, like this week's Royal Rumble, was also cited.