— The Wrestling Observer Newsletter claims that one of the main reasons WWE decided to hire Paul Heyman and Eric Bischoff as Executive Directors for Raw and Smackdown, respectively, is due to Wall Street’s recent negative reaction to the company's declining brand popularity. Live event attendance, merchandise sales and WWE network numbers were said to be some of the main metrics that concerned analysts.
-- After the announcement, Wall Street was said to generally praise the move with three analysts who billed Bischoff as a genius who actually "beat" McMahon at one point while expecting that with McMahon working with Bischoff and Heyman, it would end up strengthening WWE's creative product.
Rajah.com Social Media Interaction* Follow Rajah head writer Matt Boone on Twitter @MattBoone1984
* Follow the official Rajah account on Twitter @Rajah_News
* Follow Rajah owner Rajah Kumar on Twitter @RajahNews
* Follow the official Rajah Instagram account at Instagram.com/RajahNews
* Follow the official Rajah Facebook page at Facebook.com/RajahWWF
* Join the official Rajah Forums by signing up at Forums.Rajah.com
* Chat with other fans about this article in the official Rajah Disqus feed below, or at Disqus.com/home/forums/rajahcom
WWE & AEW News Headlines (7/5/2019)* Exclusive: Moxley Blatantly Lied To Vince & HHH, AEW Contract News
* Paul Heyman "Very High On" 2 Specific WWE & NXT Superstars
* AJ Lee Tells Fans "Never Say Never" When Asked About WWE Return (Video)
* Backstage News On Reason Why HHH Wasn't Given Control Of RAW/SD!
* AEW Fyter Fest: B/R Live Averages 140k & Peaks At 350k, 14k iPPV Buys
* Cena Shows Transformation Of 'New Look' For 'Secret' Movie Role (Photos)
* Real Story Behind Corey Graves Using Profanity Live On RAW
* Backstage News On How WWE Really Found Out About Kanellis' Pregnancy
* Latest On Heyman's Inflence Over RAW & His Role During The Show
* Paige To WWE: "Get Your Sh*t Together & Hire My Brothers"
* Strowman Reveals How WWE Stars React To Firefly Fun House Skits
* Reigns Claims Relationship With Moxley Will Never Be The Same
* Ronda Rousey Backstage At WWE TV Taping, Update On Possible Return
* Report: AEW On TNT Weekly TV Show Plans All But Finalized
* Well-Known Veteran WWE Personality Robbed For $55k In Storage Unit Heist
* Triple H's Thoughts On Heyman & Bischoff Taking Over RAW & SD! Live?