Buying video libraries
By Scott Keith on 16 May 2019
The whole Tom Magee saga got me thinking.
I know within the last 10 years. WWE bought the libraries of World Class, AWA some of Mid South etc. I know that some concessions were made in terms of Hall of fame inductions.
Question is. What type of money did Watts, Kevin Von Erich etc get out of these deals?
6 figures? Higher?
Not that much. WWE pays a set rate for footage and only negotiates from a position of strength. They basically pay whatever amount per hour, take it or leave it.