This report has not been confirmed but TheWrap reports that WWE is looking to sell its entire tape library to Warner Bros. studios. The Wrap reports that two sources close to negotiations say Warner is in talks to acquire WWE’s library. Bother WWE and Warner declined to comment on the story. WWE’s library has almost 150,000 hours of content and is currently held by Cinedigm. A source close to Cinedigm told The Wrap that there is no end date for WWE’s contract with Cinedigm but the company is transitioning away from the library.
Posted on: Fri, 12 Sep 2014 09:56:51 +0000