This was posted from F4W:
- As of this week, nobody who is talking within WWE has any idea what caused Shane McMahon's resignation from WWE or what he plans on doing next. People who worked under Shane are said to be shocked and devastated, saying it came completely out of left field. The department that Shane was in charge of always has had great morale and word is that all the good morale plummeted on Friday when the announcement came out. A lot of people were very worried about their future with the company and there was talk that layoffs might be coming.
It's still unknown what Shane plans on doing with his future. There is a lot of speculation that he will jump into the world of promoting MMA and it's no secret that he's a huge fan and has had interest before in getting involved. One source close to Shane says he is very intrigued by the TV and film business and could end up there but as noted above, nobody right now knows what's next for Shane. Shane is playing it smart by not talking about his plans. Most expect that he will be approached with lots of offers in the next few months.
There was a lot of people in WWE who were nervous when the story broke because they saw it as Vince's son had decided it was time to get out of the family business, for whatever reason. Some are concerned that Shane feels the WWE ship has sailed and is getting out so he doesn't go down with it.
Just wanted to post this bit from F4W, as apparently some within WWE are feeling that this may be a possible reason why Shane left. So in this theory of talking about "WWE being past its prime", apparently we aren't the only ones thinking that here on Wrestlezone.
I do think WWE is past its prime, and unless WWE finds away to create another wrestling boom, then I can't forsee wrestling every being as popular as it once was ever again.
Perhaps it was kayfabe being dropped and now people simply feel that there is very little left to learn about the business.
However, to people like Cornette who are furious at Russo and company for being responsible for dropping kayfabe, it's not like this was something that could have been avoided, especially because of the Internet. People were going to find out sooner or later, especially now that communication across the Internet has been improved two-fold.
To those that argue that kayfabe should be preserved, can you actually imagine WWE still in complete kayfabe today in the year 2009, and still trying to portray wrestling as real to the public? It's a ludicrous suggestion. That is why people like Cornette come off and others who bash Russo for pushing for the dropping kayfabe just show how out-of-touch they can be sometimes, not to mention irrational.
But MMA and UFC are what's in, in this day and age. Unless the wrestling business can create another boom by doing something completely different with the business and make that connection with the audience to lure fans by the droves into the business, then no .... I would have to agree that the company is past its prime.
The key really is to offer a product/products that fans in great numbers can be interested in .... as well as to continually work hard at regularly offering something new to these fans to keep their interest.