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pwinsider said:To follow up on a story that was broken here on the site, The Los Angeles Times has a story today looking at WWE taking the word "Wrestling" out of their product.
When asked eliminating the word from WWE Vince McMahon said, "I think every brand has to re-create itself. I want everyone to look at us in a vastly different way than they have.
Vince also said to help in the re-branding of WWE, he is willing to invest in other media ventures, such as producing live events. Vince said, "No one does television production better than we do, it's damn near the Olympics. We know more about live event touring than anyone in the United States."
Vince also said that they hope to launch their TV network in 2012.
http://www.latimes.com/business/la-fi-ct-wwe-20110407,0,1338014.story
Do have a read of the article, it is a very good read.
Reading that I can understand why Vince wants to remove the word wrestling especially as he wants to expand more into the live events business. I did like the comment at the end when XFL and the Times Square restaurant are mentioned, Vince says that they will focus on the entertainment business from now on.