– WWE announced this week that it finally closed on the purchase of the Mid South tape library from the family of Bill Watts. After a basic agreement was reached back in June, the deal was finalized in the past two weeks. One sticking point that delayed the closing was that the Watts family wanted to to continue selling DVDs of the Mid South footage.
– Chris Jericho is expected to return to WWE down the road, when he has an extended break from touring/recording with his band, Fozzy. Jericho’s return earlier this year was when he didn’t have anything going on with music. His original deal was for six months but it was extended when Fozzy’s album release was delayed.
WWE is only interested in using Jericho if he can commit to them exclusively for extended periods and it was WWE that ended their most recent negotiations with Jericho.
Jericho recently stated that he won’t be at WrestleMania 29, as Fozzy will touring Australia in February and March.
* UNDERTAKER Not Wrestling At WM29 & When LESNAR Is Returning
(Source: Wrestling Observer Newsletter)