Showing posts with label media. Show all posts
Showing posts with label media. Show all posts

USA Network acknowledges Trump/Raw purchase a storyline

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USA Network officially acknowledged the Donald Trump 'purchase' of WWE Raw as a storyline, apologizing to the business and entertainment press outlets for an earlier misleading press release.

The cable outlet claimed that the Tuesday press release entitled 'Trump Buys Raw' was meant as a promotional tool for the WWE Raw program. A number of media outlets including TV Guide and Media Life Magazine though ran stories that implied Trump's buyout was real.

Some stockholders apparently also took the Trump story to be real with WWE stock price dropping 7% before realization of its storyline aspect finally sunk in to these wayward investors.

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