Major Backstage Update: Triple H & FCW + Backstage News

WWE developmental has drastically changed in recent months due to Triple H taking it over earlier in the year. It is said that Vince McMahon is almost completely hands off and is giving Triple H a chance to carry on with his own vision of WWE developmental.

The reason that the new NXT is not being aired locally in Florida is because the company feels it will lower the value of the show. They eventually want to sell it as a national show or even feature it on the WWE network.

Speaking of NXT, the recent tapings from Full Sail University have been running very smoothly with a strong emphasis on in-ring action. Triple H is not booking the shows, but has the final say in the brand’s direction. He lays out what he wants done, ad it is then carries out by the agents working the tapings.

During Thursday’s conference call for 2012 second quarter results, WWE Chairman and CEO, Vince McMahon, said he hopes to make an announcement concerning the WWE Network in three months

“You guys have been very patient with us on what it is. I hope next quarter I will be making an announcement on our Network,” McMahon said.

McMahon acknowledged a delay in announcing details on the WWE Network. He stated at the last conference call in May that he expected an announcement to be made “within the next three months.”

Partial Source: The Wrestling Observer Newsletter