Top of FormLast week I did a post highlighting some recent news that has come out about what the company has been up to in recent months. Due to the amount of news that came out regarding the company I chose to split the post into two parts to cut down on the amount information that was needed to digest at one time. With that being said let's get to the other information that was given out in the update:
- First things first and that is without talent there really can't be a promotion, and that's why actually starting in the spring of last year Shane Douglas began calling talent to get them to sign letters of intent to work for the company when they officially open.
- The company also has an investor who is an Internet entrepreneur who created websites like Lycos.com (before he became a writer, motivational speaker, and philanthropist) the man’s name is Bill Townshend, he is being listed as the president of the company on all paperwork.
- They are also looking to be the first ever American wrestling company to offer talent 401k's and retirement plans. Also they plan on making a profit sharing program so all the athletes can share in the growth of the company. Finally, they will also offer insurance benefits and stipends for talent as well along with higher pay than alternatives. This company seems like they are trying to innovate the one sport that nobody has really tried to innovate ever before, the one problem is that doing this doesn't always work and could end up costing them in the long run.
Top of FormThe above updates provide a glimpse into what this company is trying to do and how they are trying to be totally different than any other company in the history of wrestling. Also this in my opinion tells us why it has been so long for updates to reach us about this company, because it seems like they have a lot to do in a time limit to do it. I said it before and will stay again that innovation is good, but then on the other side of it that too much innovation could come back to haunt you for trying to do too much too soon.
Right now other than some of the talent on the roster, then only thing we know is that they will be filming in Las Vegas as they actually came to an exclusive agreement with a Vegas hotel to run events. Now to get a little more technical, CWR is also looking to capture the attention of the 18-34 demographic that existed during the Monday Night Wars and disappeared following the end of the war. With a "non" PG-13 product with faces vs heels and capturing the right demographic is apparently their map for success as a company. For any more information on this subject, visit the link below: