In the latest edition of his podcast, former WWE executive Eric Bischoff talked about the recent controversy that arose in the WWE world that sees Vince McMahon and his entire federation annoyed by the behavior of some of his wrestlers: for this reason WWE sent an email to their talents by telling them to terminate agreements with third parties such as platforms with Twitch and Cameo.
This decision caused a lot of problems for several superstars. In his 83 Weeks podcast, Eric Bischoff expressed his opinion by trying to follow the point of view of both.
Eric Bischoff on WWE’s third-party policy
“I see both sides of it.
Number one, I understand it, and this is probably gonna rub some people the wrong way or whatever. But WWE invests massive amounts of money in their characters, in their intellectual property. And the intellectual property and the values of the assets that are created and such is what drives WWE – it’s the blood that pumps through their heart.
And you have to protect that. I understand why they’re doing what they’re doing. But it can backfire" - Bischoff said. Eric Bischoff also commented on a potential wrestler’s union: “Any wrestling company out there has a distinct advantage when they’re producing televisions in that there are no unions.
There’s no Screen Actor’s Guild, there’s no Writer’s Guild. You still have to deal with unions, but your talent – your core talent – you don’t. To be able to classify talent as independent contractors is a big advantage in the industry across the board – not just for WWE.
I’ve seen people this week commenting on this situation and saying ‘Wrestlers need a union.’ Be careful what you wish for because that shit can come back to kill you. It sounds good on paper, it sounds really good – I’m getting protected, I’m gonna get free this, I’m gonna get health insurance.
I get it, man. I’ve gone without health insurance. Things got tight for me and a couple of businesses didn’t go my way and cash dried up. But I had no choice. I know how that feels. I also know what happens when you unionize and you change the entire compensation structure for such an important part of the wrestling business across the board.
The same could be true for AEW if this kind of talk keeps going and I would encourage talent to think long and hard about whether they want to be unionized because while it sounds good in the beginning, the unintended consequences of it – especially the financial consequences of it – it could be really dramatically affected”.