PWInsider.com is reporting that despite his myriad of legal troubles Vince McMahon is putting together a new company based out of L.A.
“Multiple sources with knowledge of the situation have confirmed McMahon has been in the process of setting up what has been described as a new “entertainment hub company” that would financially back, develop and produce film and television productions. The belief among those we’ve spoken with is that there are no plans for this company to launch anything similar to WWE and they would instead focus on fiction and non-fiction projects,” states PWInsider.
It is being reported that Brad Blum, WWE’s former Chief Operating Officer is on the new board along with Kristen Prouty (original Casting Director for the initial Diva Search) and WWE’s former Senior Vice President, Entertainment Relations.
“Before anyone asks, we are told that Kevin Dunn has not been involved in this new venture at all,” reports PWInsider.
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