WWE adds to their video library.
According to PWInsider, WWE closed a deal last month to acquire the video library for World Wrestling Council (WWC). WWC operates out of Puerto Rico and is owned by Carlos Colon and Victor Jovia.
There was speculation that the video library would be acquired back in 2014 when WWE inducted Colon into their Hall of Fame, but a deal never came to fruition. The two sides continued to discuss a deal over the years before finally reaching an agreement last month. The tapes have already been sent to WWE headquarters in Stamford, CT, but the company will need to clean up and digitize the footage before releasing it on the WWE Network or DVDs.
PWInsider reports that a portion of the tape library was impacted by the effects of Hurricane Maria. WWE was made aware of the issues when they signed the deal.
The WWC acquisition is the first known WWE purchase of a tape library since they acquired the TV episodes of Les Thatcher’s HWA promotion several years ago. As previously reported, WWE has had internal discussions regarding a tiered Network and was looking to acquire more footage to boost their library.
Luminaries such as Colon, Abdullah The Butcher, Ric Flair, Stan Hansen, Bruiser Brody, Mabel, Curt Hennig, Vampiro, Sabu, and more have competed in WWC.
