Shane McMahon comments on leaving WWE

Jun 17, 2011 - by Steve Gerweck

For the first time since leaving WWE to join You on Demand, where he
serves as Chairman and Chief Executive, Shane McMahon talked with the Los
Angeles Times about the hardest decision he ever had to make in his life –
departing the family-run company. “I didn’t want to wake up when I was 70
and say, ‘I should have done that,'” said McMahon, now 41. Shane met the
company’s CFO of the then known China Broadband Inc., as a favor to a friend
but soon after he found himself investing $4 million in the company,
quitting WWE where he was the Vice President of Global Media, and being
named Chairman of the New York and China-based company. He said that telling
his dad that he was leaving WWE was “brutal” and there’s still some tension
when they meet, even though a year and a half have passed since he resigned
from his WWE post. “It’s still hard,” he said. When he was asked if he is
ready to make any deals with his dad to put WWE content on You on Demand in
China, McMahon joked, “I don’t know, I’m a tough negotiator.”

(thanks to Colin Vassallo)

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