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GoFundMe Set Up For Ailing Wrestling Observer Live Host

edit: 1/26/21 Jim went home on the 16th and is doing much better. But he is still recovering and the costs of the hospital stay was astronomical.. So he could still use donations.

edit: 12//11/20 Jim is off the ventlator and is working on strengthening his lungs. We hope he makes a full recovery.

edit 12/8/20: Jim has had a major set back and is back in the hospital fighting for his life. Our thoughts and prayers are with him.

Edit: Jim’s done with dialysis and is Kidneys are back to normal.

https://mobile.twitter.com/JimValley/status/1324495013670051840

Jim is thankfully doing better. He is now in a rehab facitily but still has a long road to recovery.

Wrestling Observer Live Host Jim Valley has been fighting for his life on a ventilator fighting for his life. A GoFundMe account has been set up to help him and his wife, Kari.

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The Passing of Jim Crockett

Pro Wrestling Central is very sorry to hear of the passing of Jim Crocket Jr. , the former promoter of Jim Corckett Promotions. Whicn is effectionally remembered for its run on TBS under the World Championship Wrestling banner.

The former NWA President inherited the company from his own father, Jim Crockett Sr. Crockett Promotions was already a successful regional promotion in the Carolinas. Crockett Jr. took advantage of the declining territory era by purchasing or gaining control of much of the remaining NWA territories. He was about to purchase the GCW timeslot on TBS after the network had a falling out witn Vince McMahon. The show which had become WCW by that point , allowed Crockett to run as the main opposition to Vince McMahons’s WWE . When the promotison’s success waned , Crockett sold off his company Turner Broadcasting.

Crockett attempted a brief comeback a few years later under the World Wrestling Network banner. But has spent the many decades since mostly running a real estate business. He did make an appearance at the Starrcast Fan conventions just a few years ago.

Pro Wrestling Central sends best wishes the Crockett Family. And hopes Mr. Crockett rests in peace.

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Business Speculation

Michelle Wilson and George Barrios Should Buy ROH

Michelle Wilson and George Barrios should buy Ring of Honor wrestling from Sinclair Broadcasting.

The two former WWE executives can us their new SPAC to fun the purchase. The move woukd give them a wrestling coimoany with media and ip to montize. The two could grow Honor Club like they did with WWE Network. Ring Of Honornals has a lot of touring and merchsndise potential. The lrodpsect of a major tv deal in an era of megs slorts rights deals can’t be ignored. Such a deal could see ROH remain on Sinclair Stations through some sort of tv deal. The company could even maintain a minority share.

Michelle and Barrios were.very successful in helping the WWE to greatly grow their stock price and position themselves fo massive tv deals. Their innovation with the WWE Network can not be ignored.

Ring Of Honor was purchased by Sinclair in 2011. Since then the corporation has created a tv franchise for their Broadcast Stations snd other outlets. The culmination being an event at Madsion Square Garden in 2019.

Ring of Honor was founded by RF Video in 2002, existing mostly to sell DVDs for the company thst once produced them for ECW. Ticket Broker Carey Silken wound up becoming the majority owner and bought out RF Video. Silken owned the company for much of its first decade. Attempting to get on tv on his own and had a series on HD Net for a short while. After thst series ran its course Silken ultimately sold to Sinclair for their run with the company.

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Quick Speculation

Fox Should Buy Smackdown

Fox should buy Smackdown now to ensure they can maximize its value as a standalone company over the long term. The aggressive move would actually be good for both WWE and Smackdown.

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WWE Should Sell Smackdown To Fox

Fox should buy Smackdown now to ensure they can maximize its value as a standalone company over the long term. The aggressive move would actually be good for both WWE and Smackdown.

With the Peacock deal WWE has exhausted most of its avenues to sell its content for serious money . With productions costs going up and the need for wall street to constantly to have new revenue streams to boost the value of a stock. It makes perfect sense for WWE to sell Smackdown and other assets to Fox in a potential multi billion dollar deal. Such a move would bring in considerable value for the company and a llow them to cot cozts buy letting Fox assume the cost of talent and personal contracts that change hand in the deals.

Fox views Smackdown as a valuable property to Friday nights as part of their commitments to live sports programming. With Peacock controlling the WWE streaming rights for the forseeable future and a potential competitor for Smackdown in a few years…It makes sense for Fox to lockdown the Smackdown IP to start there own promotion. Allowing them the rights to benefit from the programming and IP as a permanent part of their synergy.

Buying out Smackdown now also protects them in case NBC Universal decides for buy WWE themselves. Over the long term Fox could maximize the Smackdown tape library on Fox Broadcast, Cable, and streaming propertiez ( Tubi).

With the Peacock deal… WWE has exhausted most of its avenus to sell its content for serious money . With productions costs going up and the need for wall street to constantly to have new revenue streams to boost the value of a stock. It makes perfect sense for WWE to sell Smackdown and other assets to Fox in a potential multi billion dollar deal. Such a move would bring in considerable value for the company and a llow them to cot cozts buy letting Fox assume the cost of talent and personal contracts that change hand in the deals.

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Quick News

WWE Network To Peacock Network

Several days ago, WWE signed an exclusive deal with the Peacock Streaming Service for the rights to the Company’s own Network. The deal will make the WWE Network exclusively available to Peacock Subscribers. An Ad based plan is only 4.99 for all of Peacock and 9.99 for ad free. Comcast users get Peacock for free included in their subscription.

source: Wall Street Journal

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Quick News

New Japan Coming To The Roku Channel

New Japan Pro Wrestling has closed a deal with Roku to bring its content to the Streamers free channel. A one hour edited version of recent New Japan Events will air weekly on the Roku Channel. Other New Japan Content will make its way on the channel as part of the deal.

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Business Speculation

There Is A Path For Anthem Owner to Buy AEW PPVs

There is a realistic path for Anthem Owner Leonard Asper to pay AEW for the streaming rights to AEW PPVs and their library.

​​​​​​Dave Meltzer (on the latest Wrestling Observer Radio )mentioned that someone could buy AEW PPV rights for 20-25 million dollars. Its all theoretical of course but its worth talking about. 

Impact has a big  tv library and Impact Plus definitely provides a lot of content for a low cost… But lets face it…Impact Plus can’t be setting the world on fire on what is a crowded market place. Adding AEW PPVs and their library on demand would greatly change this. All of the sudden Impact Plus would be on the map and possible competition to WWE Network. For a monthly fee you could get every AEW PPV ( I would assume Impact PPVs would become added too).AEW fans would definitely sign up for such an easy deal. 

The 25 million dollar investment would be well worth it and open the door for them to go after other combat sports. If Asper didn’t want to spend that money he could get his partners involved or partner with the Khan’s ( Khan gets a percentage of Impact Plus and the overall rights fees are less).

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Business Speculation

Former WWE Executives Launch Investment Group

Former WWE Execs, Michelle Wilson and George Barrios have teamed up to launch their own investment group. The goal of the new firm is to invest in sports and media related assets. The two were forced out of WWE in the past year after a management shake up within the company.

Source: Variety

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Quick Speculation

Networks Have The Power To End WWE’s Market Dominance

Networks have the power to end World Wrestling Entertainmentt’s s market dominanceof professional wrestling . The success of AEW Shows that non WWE wresting promption can find success on cable with less expensive TV rights fees. If Fox and NBC Unversal move on from WWE and move to other wrestling promotions it would have large ramifications to the tv industry. Any kind of money deals to other wrestlong promotions like Impact, ROH. New Japan,MLW , NWA, UWN, ect… would dramatically grow these promotions and move them to a closer playing field to WWE. Likewise the loss of Fox, NBC Universal, or both could dramatically scale WWE down… And make it far more vunerable. We could see a return to the era before WWE’s national expansin, with several promotions on equal playing fields. The major difference being them being all national promotions as opposed to regional.

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Business Speculation

Sinclair Should Buy My Network TV

Sinclair should maximize their broadcast portfolio by bying My Network TV. The move woukd give Ring Of Honpr Television a true national outlet to air their television show. As well as another outlet for Sinclair Inventory. Sinclair could utilize the network for news and live sports. They could also keep the syndicated reruns the broadcast service current airs or even featufe original television shows.

Sinclair Broadcasting started out as a owner of various broadcast television stations known for their conservative slanted news. Over time through acquisitions Sinclair became the second largest owner of brpadcsst stations in the US. A failed merger bid with Tribune would have made sure they were the top broadcast owner and given them ownership of WGN America. After the failed merger Sinclair bought a majority share of the Fox Regional Sports Networks from Disney. Owning them through the Diamond Sports subsidiary.

During its string of broadcast acquisitions Sinclair bought Ring of Honor Wrestling. Immediately producing an original weekly series to air on their networks and whatever stations they could syndicate to. Several RSN’s began to air the series. After the Fox RSN acquisition ROH programming has began airing n the station.The

Another notbale purchase for Sinclair was the Tennis Cable Channel. Which does not currently air ROH programming. Sinclair also started the Comet and Charge broadcast services. ROH once aired on Comet and currently airs on Charge. Sinclair also has its own in house add supported streaming service called Stirr.

Ring Of Honor Wrestling was founded in 2002 by RF Video to make up for the loss of ECW videos. Cary zsilkin evntually bought the company from RF. The company main business mode! was through DVDs.