What was the moment when they failed in their war against WCW?
Eric Bischoff remembers this well.
The former WCW Executive Vice President recently spoke with The Wrestling Shoot Interview and reflected on the moment he knew WCW was going to fail.
Below are some highlights of the interview where he touched on the subject with his thoughts.
The day he knew WCW would fail and why it would fail: “I get called to a meeting. And I, I show up at the meeting and there’s 12 or 14 people sitting around a long conference table. Only two or three of them I even recognize… We finally get down. The table and This guy, his name was Joe, he was, he was the president of Turner Ad Sales… He sat there and he said, ‘You’ve got to start making your shows for kids and families’… Just like I forced the WWF to shut it down. Because when they were doing that and I was doing what I was doing, I was kicking their ass financially, ratings-wise, in every respect. Now I have someone who’s in charge of ad sales to get on the air, telling me I have to give up that formula. Which got us dancing and got us number one on television..I left that meeting and went home and I said to my wife, I said, I quit. Quit. It’s fucked up. And all this, by the way, AOL TIME WARNER. Results of mergers L. So I, I was ready to resign, but it kind of went back to my nature and I was still very loyal to Ted. I wonder who these jackasses who know nothing about my business or the industry in general, or the audience that comes with it, are telling me what I should do with my business. I’ll go to Ted. Well, little did I know that as a result of this merger, Ted didn’t have more power than I did, and all these people had, it was a little bit of a palace coup. And if you read, if you read Ted Turner’s book, I can’t remember the name of it, but there’s a book that Ted Turner wrote that talks about this period. So I’m thinking, these Jack Aces, they’re going to be another speed bump my way. I’ll go to Ted, I’ll clear this up. But the problem is I never got around to Ted. If I knew Ted wasn’t there and Ted no longer had control, I would. I would have quit because it didn’t make sense.”
On the “clowns” – performers, pundits and fans – who don’t fully understand how the wrestling business end works: “So when people talk about, oh, the reason WCW failed is because of ‘The Finger Poke of Doom,’ or the reason WCW failed is because Sting should have beaten Hulk Hogan and not done a false finish. If the scumbags were like kids. Either, you don’t know anything about the business side of the business. Because they weren’t in those meetings. They weren’t exposed to the things that I exposed at very high corporate levels. No, they weren’t there in 1998 when my budget in 1997 was already approved. was cut in half. They weren’t there. They didn’t understand. They didn’t know it. So all these, you know, clowns who, you know, were in the ring who didn’t understand how the circus actually worked. We were the ones, you know, They’re over there talking about what’s wrong with WCW. No friends, you’re a clown. You’re a performer, and by a clown I don’t mean that, you know, as a shot, but I’m comparing it to a circus.”
Watch more from Eric Bischoff’s interview via the embedded YouTube player below.