The Latest on the WWE / Warner Bros. Negotations, CM Punk Gone

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– As noted earlier, a report from TheWrap.com that Warner Bros. is in talks with WWE to acquire their entire video library is not true. However, F4WOnline.com reports that Warner Brothers is in negotiations with WWE for home video distribution rights to the entire library, which is currently managed by Cinedigm.

– As noted earlier, The Wrestling Observer recently reported that attorneys for CM Punk sent WWE a 22-page letter. It should be noted that there was no lawsuit filed, it was just a letter concerning royalties and WWE’s use of his likeness. WWE proceeded to slash the prices of all remaining CM Punk merchandise on WWEShop.com earlier this week. Punk has since been removed completely from WWEShop.com, and any searches for Punk end with no results.

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