Last night TheWrap.com reported Warner Bros. Studios is in talks to acquire the entire WWE tape library, as WWE is looking to transition away from the library.
Earlier today WZ spoke with several sources close to the situation who have all labeled the report as “inaccurate.”
Paglino: The way the original Wrap report was worded seemed to offer the impression that WWE is looking to sell its tape library.
While the report does not specifically use the word sell, it doesn’t clarify what acquire means as it pertains to Warner Bros. and the WWE tape library. Some assumed the report meant Warner Bros. is in talks to acquire the distribution rights of the tape library from Cinedigm, however Cinedigm is the current distributor of WWE DVD releases so that seems unlikely as well.