Hulk Hogan has been selected by WWE to host their Saudi Arabia event “Crown Jewel,” the entertainment company told TheWrap.
Hogan’s appearance will be his first with WWE since a tape of him making racist remarks was made public during the wrestler’s defamation lawsuit against Gawker in July 2015. In the tape, Hogan could be heard voicing his frustration over his daughter’s relationship with a “black billionaire,” repeatedly using the “n-word.”
Following reports of the tape, WWE announced it had terminated Hogan’s contract and removed all mention of Hogan from its website and merchandise shop. This included removing him from the list of members of the WWE Hall of Fame, which Hogan was inducted into in 2005.
Now Hogan is making his return to the wrestling promotion he popularized in the 1980s at an event that has made headlines in the light of the death of Saudi dissident Jamal Khashoggi, whom Turkish intelligence says was tortured and killed by the Saudi government at the country’s embassy in Istanbul.
As several other American businesses, including Endeavor, have severed ties with the Saudis, WWE has moved forward with the event, which is set to take place on Friday. But “Crown Jewel” will go on without two of WWE’s biggest stars, John Cena and Daniel Bryan, who have reportedly refused to perform at the event. Bryan, who was scheduled to compete for the WWE Championship in Riyadh, was written out of the show on this week’s episode of “WWE Smackdown Live.”
“WWE has operated in the Middle East for nearly 20 years and has developed a sizable and dedicated fan base,” the company said last week in its third-quarter 2018 earnings release.
“Considering the heinous crime committed at the Saudi consulate in Istanbul, the company faced a very difficult decision as it relates to its event scheduled for Nov. 2 in Riyadh. Similar to other U.S.-based companies who plan to continue operations in Saudi Arabia, the Company has decided to uphold its contractual obligations to the General Sports Authority and stage the event. Full year 2018 guidance is predicated on the staging of the Riyadh event as scheduled.”
In the meantime, “Crown Jewel” has been derided by fans and comedians alike. On recent episodes of WWE programming, fans could be heard booing promos for the event, while John Oliver mocked WWE for moving forward with the event with a fake promo for “Crown Jewel” on the most recent episode of “Last Week Tonight.”
16 Hollywood and Media Deals With Saudi Arabia - and Where They Now Stand (Gallery)
A growing number of Hollywood and U.S. media companies have backed out of business deals with Saudi Arabia and the crown prince, known by his initials MBS, after Turkish officials concluded that journalist Jamal Khashoggi was murdered by Saudi operatives inside the Saudi consulate in Istanbul on Oct. 2.
Here is a list of Hollywood and media deals with Saudi Arabia -- and where they stand now.
Richard Branson
British entrepreneur Richard Branson announced he would step down as chairman of Virgin Hyperloop, a planned supersonic transport system in the United Arab Emirates and other countries, CNBC reported.
The Harbour Group
Leading D.C. lobbying firm representing the Saudi government’s interests, the Harbour Group, announced on Oct. 11 it was terminating its $80,000-a-month contract with the kingdom.
Endeavor
WME parent company Endeavor, one of Hollywood's top talent agencies, said on Oct. 15 it was preparing to withdraw from its $400 million financing deal with the Saudi Arabian government.
Gerard Butler
Actor Gerard Butler pulled out of a trip to Saudi Arabia to promote his new movie "Hunter Killer" following Khashoggi's disappearance.
‘Davos in the Desert’
The New York Times, Bloomberg, CNN, CNBC, The Financial Times, Nikkei, The Los Angeles Times, Fox Business Channel, Viacom and The Economist are among the names that have withdrawn their sponsorship or canceled their appearances from the high-powered Future Investment Initiative conference in Riyadh, dubbed “Davos in the Desert,” to be hosted by the Crown Prince and the kingdom’s sovereign wealth fund in late October.
Uber
CEO Dara Khosrowshahi said he was "troubled by the reports" and would not attend the conference "unless a substantially different set of facts emerges."
AMC
The movie theater chain has plans to open 40 theaters in the kingdom within the next five years, with the aim to reach 100 locations by 2030.
AMC declined to comment when reached by TheWrap.
Penske Media Corp.
In February, Penske, which owns Hollywood trades Variety and Deadline, among other publications, received a $200 million investment from Saudi Arabia’s Public Investment Fund. The company declined to comment about whether it will reassess the investment.
World Wrestling Entertainment
WWE, which is due to return to Saudi Arabia on Nov. 2 for its "Crown Jewel" wrestling event, told TheWrap in statement that it’s "currently monitoring the situation." An insider also told TheWrap WWE talent have been instructed to promote the event -- but not its location -- for two weeks now.
IMAX
Plans for IMAX to build more movie theaters in the kingdom, which have been mired in red tape, will likely be put on “pause” following Khashoggi’s disappearance, according to a person with knowledge of the situation who spoke with TheWrap.
Vox Cinemas
This Dubai-based movie theater chain -- not to be confused with media outlet Vox -- often received revenue from rich Saudis who traveled to Dubai on weekends while KSA’s cinema ban was in effect. They, along with AMC, got the inside track on negotiations to build cineplexes in the country and are currently the only two chains with the license from the government to do so. Vox declined to comment.
Feld Entertainment
The company told TheWrap it had not signed any deals with the Saudis to bring international events, including “Disney on Ice,” “Disney Live,” “Marvel Experience” and “Monster Jam” to the kingdom, but that it was “still in conversation” with the kingdom. The company did not wish to comment further.
iPic
In March, the Florida-based luxury movie theater chain had announced it had partnered with Saudi firm BAS Global Investments Co. to develop cinemas and restaurants throughout the kingdom. An iPic rep told TheWrap Wednesday that it had “no further updates” on the deal.
Nat Geo
In April, National Geographic announced it was partnering with the General Entertainment Authority of Saudi Arabia to develop and launch several locations for its walk-through virtual-reality zoo.
Reps for Nat Geo told TheWrap they “don’t have an answer yet” on whether the partnership will continue.
Cirque du Soleil
The iconic live entertainment brand had its first performance in Saudi Arabia on Sept. 23, just before Khashoggi went missing. It is unclear whether the company has any more performances planned in Saudi Arabia. Reps for the company did not respond to a request for comment from TheWrap.
IMG Artists
The performing arts, social media, and festival and events management company signed a letter of intent to bring large-scale festivals to the kingdom.
A rep for IMG told TheWrap that the deal went “stale” shortly after it was signed, following “changes” in the monarchy’s 2030 Vision campaign.
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Death of dissident journalist Jamal Khashoggi threatens kingdom’s modernization plans
A growing number of Hollywood and U.S. media companies have backed out of business deals with Saudi Arabia and the crown prince, known by his initials MBS, after Turkish officials concluded that journalist Jamal Khashoggi was murdered by Saudi operatives inside the Saudi consulate in Istanbul on Oct. 2.
Here is a list of Hollywood and media deals with Saudi Arabia -- and where they stand now.
