WWE has, this morning, released a major press release about the future of the creative development and the trajectory of their two flagship brands. Below is the full release from WWE:
WWE® NAMES PAUL HEYMAN AND ERIC BISCHOFF EXECUTIVE DIRECTORS
Stamford, Conn., June 27, 2019 – WWE (NYSE: WWE) today announced that it has named Paul Heyman as Executive Director of Monday Night Raw and Eric Bischoff as Executive Director of SmackDown Live, newly created positions reporting directly to WWE Chairman & CEO Vince McMahon.
In their executive roles, Heyman and Bischoff will oversee the creative development of WWE’s flagship programming and ensure integration across all platforms and lines of business. The creation of these roles further establishes WWE’s ability to continuously reinvent its global brand while providing two distinct creative processes for its flagship shows.
With more than 30 years of experience in the sports entertainment industry, Heyman served as President of ECW from 1993-2001, securing pay-per-view distribution for the company as well as a national cable television deal with TNN. After his time with ECW, Heyman joined WWE’s Creative team and is widely credited with helping launch the careers of many current and former WWE Superstars.
Bischoff is a former WCW President and New York Times bestselling author. During his WCW career, Bischoff oversaw the signing of some of the biggest names in sports entertainment and helped create and develop the NWO storyline. He was also instrumental in securing a television deal for WCW Monday Nitro on TNT and WCW Thunder on TBS. After WCW, Bischoff co-founded Bischoff-Hervey Entertainment, a production company that launched TV reality shows and mobile games.
WWE wishes to create “two distinct creative processes for its flagship shows.” with Bischoff working closely with Fox executives when Smackdown makes the jump in October
We will have more on this when it arises