Sunday, May 1, 2016

Controversy Creates Cash

Hello guys, what is up? Today I am going to write about Controversy Creates Cash. I have written about Bischoff's weak moments of WCW but after a while it rose and revolutionized wrestling. Due to poor running of the company and loss of control losing to the executives of AOL, WCW slowly died out. Eric does though reflect on his rise and downfall on WCW and being able to Coke close to sending WWE out of business. "When you make a list of the people who have had the most positive impact on the sports entertainment business as we know it today, it's a very short list. The list of people who have actually changed the business is even shorter. Clearly at the top of that list is Vince McMahon. Inarguably, he is the individual who took professional wrestling from a regional territory business and rolled it out nationally on cable and network television and subsequently changed the business forever. Below Vince McMahon, there's probably one one person when has had anywhere near the impact on the way the business is conducted today." This shows how Bischoff helped the business, Vince brought it to people around the world. Bischoff helped the WWE in becoming sports entertainment. Bischoff is proud of what he did to help professional wrestling become what it is today. 
"I take a lot of pride in that. The things I did to make WCW competitive  changed the business fundamentally, from a creative and strategic point of view. I believe that if it weren't for that competition, WWE would have continued along the oath it had been on, The wrestling business would have gotten flat-so flat that the WWE might not have had the opportunities it's had over the past several years, including becoming a public company." Without competition and having a stale product is bad. If there was only one gas station and it costed $10 for a gallon people would go to there be slowly the revenue would die out because of a new gas station that opened with $5 for a gallon. When competitions grow it becomes a bigger decision for the consumer to decide which company to choose because by then both companies are giving their all. It becomes a soon to be bigger thing because of competition. Bischoff started the completion by creating controversy, he needed to bad mouth the competition in order to get attention and he did which started a rivalry between two companies that revolutionized wrestling. But to start a revolution you need controversy to create cash. 

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