More details, reactions on Vince McMahon's new company. (Patreon)

Vince McMahon has a new company on the way.

PWInsider reported on October 29 that Vince McMahon-led “entertainment hub company” was en route. The active plan is for it to financially back, develop, produce, and create TV and film projects. Sources Fightful spoke to confirmed it wasn’t supposed to be anything resembling a wrestling company, although we were told “it’s not out of the realm of possibility” that they could finance something wrestling related – it’s not expected. 

As far back as two months ago, there were theories in the industry by those who worked near McMahon that a company could be coming. One of the reasons was that a number of people who left WWE had what appeared to be secure positions that would not have left unless they had something else lined up with McMahon.

WWE talent that we’ve spoken to claim that they’ve not been contacted, and did not know of Vince McMahon’s plans to start a new company. 

When asking around in the entertainment industry, there was a lot of skepticism about the company actually coming to fruition. One actor told Fightful “I find it hard to believe that anyone would attach themselves to this company considering his background, but there are plenty of people who just don’t care and are desperate to get their project off the ground. I can’t imagine anything actually getting done until his lawsuit is settled.”

Fightful can confirm that there have been people within the entertainment industry interviewed by the group for possible upcoming projects. However, those details are few and far between.