No u didn't do your home work and as typically u, your posts are based on hearsay, information misinformation misinterpretation and what you read on google and hear on dvds (which guys are paid to comment). You're a "mark" who believes in the storylines u watch on tv and 95% of your posts prove it. Then again...your also someone who thinks The Miz is a Ric Flair caliber talent.
WCW went out of business due to poor creative ideas that lacked putting asses in seats. Stupidity such as the finger poke of doom and putting the world title on David Arquette are only small examples and when you have non wrestling people in suits from TBS that don't know the wrestling business and our how its construed, its like putting a 7 year old behind the wheel of a Nascar. They paid there star wrestlers big but they were generating a lot more in revenue from tv especially when they buried WWE in ratings back in 1998.
By 2000-2001, most of the top names such as Hogan and Savage had already left WCW as there contracts expired so your big nitro and thunder shows went from a three hour timeslot to one hour and people were forced to watch nobodies like chuck palumbo, shawn staziak a few AAA high flyers and welterweights and no one will pay to see that let alone buy a ticket to a show.
Learn to spell, genius, before you beat your gums about who knows what. And where in the world did you get that stupid Miz comment?
You basically repeated what I said. People who weren't into wrestling took over the company. When WCW kept bleeding cash, they jettisoned it to McMahon.
And you can't even get your time line straight. 1998 (May 1998, to be more precise) was when WCW's 83-week streak of Nitro beating Raw came TO AN END. That's when it got competitive. It even got to the point where TAPED Raw shows were beating LIVE Nitro programs.
The death knell finally came in late '98/early '99, when Tony Schiavone made the announcement that Mankind was going to beat Rock for the WWF title, on a taped version of Raw. WCW had done this several times before then. But, it backfired this time. Hundreds of thousands of viewers swtiched from Nitro to Raw to see Foley win the belt. Raw NEVER trailed Nitro in the ratings again. And that's with Hogan and Savage still under contract to WCW.....so much for that tripe.
WCW paid these guys too much money; and they under-performed. They no-showed or gave crappy matches, especially on the pay-per-view events. Need I remind you of that debacle that was the Hogan-Warrior rematch at Halloween Havoc? They were getting paid, regardless; and it showed in their performances.
Meanwhile, the hard-working midcarders that kept the company afloat started bailing (Jericho, Benoit, Guerrero, Mysterio, et. al.). They saw McMahon turned Austin and Foley into superstars (as he'd done with Hall and Nash). WCW ended up stuck with no midcarders to carry the day and overpaid underperforming superstars, relying on name recognition.
It got to the point where the only guy worth watching was Goldberg. WCW had to put him out two to three times a night on Nitro. But, you can only see him squash so many people, before it gets tiring. Or, you do as I did: Watch Goldberg dismantle some chump, while commercials are on Raw; match ends; turn it back to Raw. And when Goldberg went down, after putting his arm through that limousine window, it got brutal.
So, your other main-event guys are dogging it (getting paid ridiculous jack, regardless); you have no solid midcard roster; and your lone golden goose is out for nearly a year. And, now you have guys running the show who aren't exactly dedicated to the business and refuse to keep coughing up money to sustain WCW. Gee! How could that company possibly go out of business?
