Eric Bischoff insists he can pinpoint the exact day that he knew WCW was going to fail.
WWE Hall of Famer Eric Bischoff was a recent guest on WSI | Wrestling Shoot Interviews to discuss a wide variety of subjects. When asked about the death of WCW, Bischoff reflected upon the day he knew the company was doomed for failure.
“I get called to a meeting. And I show up in that meeting and there are 12 or 14 people sitting around a long conference table,” Eric Bischoff said. “Only two or three of ’em I even recognized… We got down to the end of the table and this guy, his name was Joe, he was the president of Turner Ad Sales… He sat there and he said, ‘you need to start producing your show for children and families’… Just like I forced WWF to stop doing it because while they were doing that and I was doing what I was doing, I was kicking their ass financially, ratings wise.
“Now I have somebody who’s in charge of ad sales for Turner broadcasting, telling me I have to abandon the very formula that got us to the dance and put us in the number one position on television. I left that meeting and I went home and I told my wife, I said, I’m gonna quit. I’m gonna turn in my resignation. This is f**ked up. And all this, by the way, is a result of the AOL Time Warner merger. So I was ready to resign, but it kind of goes against my nature and I was still very loyal to Ted.
“I’m thinking, who are these jackasses who don’t know anything about my business or the industry in general, or the audience that comes with it. They’re telling me what I should be doing with my business. I’m gonna go to Ted. Well, little did I know that as a result of that merger, Ted didn’t have any more power than I did, and these people were all, this was a little bit of a palace coup.
“And if you read Ted Turner’s book, I can’t remember the name of it, but there’s a book that Ted Turner wrote that talks about this period of time. So I’m thinking, these jackasses, they’re just gonna be another speed bump in my way. I’m gonna go to Ted, I’m gonna make this all go away. But the problem is I never got to get to Ted. If I would’ve known that Ted wasn’t there and Ted no longer had control, I absolutely would’ve resigned because it made no sense.”
Later in the interview, Bischoff took the opportunity to bury the “clowns” and wrestlers and fans who don’t understand how the wrestling business operates.
“So when people talk about, oh, the reason WCW failed is ‘cause of The Finger Poke of Doom, or the reason WCW failed is because Sting should have beat Hulk Hogan and there shouldn’t have been a false finish. It’s like, if f**king people are like children, you know nothing about the business side of the business,” Eric Bischoff said. “Because they weren’t in those meetings. They weren’t exposed to the things that I was exposed to at a very, very high corporate level.
“They didn’t, they weren’t there in 1998 when my budget that had already been approved in 1997 was cut in half. They weren’t there. They didn’t understand. They didn’t know that. So all these, you know, the clowns that, you know, were in the ring that didn’t understand how the circus really worked. We’re the ones that were, you know, they’re out there talking about what went wrong with WCW. No dudes, you’re a clown. You’re a performer, and by a clown, I don’t mean that to, you know, as a shot, but I’m comparing it to the circus.”
READ MORE: Eric Bischoff: I Can’t Imagine Creative Will Be Vince McMahon’s Top Focus Right Now
What do you make of Eric Bischoff’s comments? Do you think the death of WCW could have been prevented? Let us know your thoughts by sounding off in the comments section below.
