Jim Johnson and his Johnson Sports & Entertainment Corp. announced it has entered into a definitive agreement to acquire a majority interest in Orlando based OCW (Orlando Championship Wrestling) and has reformed Pinnacle of Insane Wrestling, LLC.
Johnson will dive back into the wrestling world as this is his third run at owning a promotion. Previous incarnations of PIW were surrounded by scandal, rumors of money laundering and even death! Since his days as a wrestling promoter Johnson has climbed the ladder in the Television work producing shows such as “Not my mommas baby” and “Fight Baby Fight” a classic stop of a baby fighter. Johnson has also has his hands wrapped around Reality TV with his famous and most popular show “Steal this car, catch an ass whippin!” His brash persona is what helps Johnson be a power player in this deal!
“We are thrilled to have acquired OCW Wrestling,” said Jim Johnson, “As we grow Johnson’s Sports & Entertainments linear, digital and mobile platforms globally, top tier content with global appeal is key to that success and this acquisition is a perfect strategic addition to our portfolio. OCW has been a dominant wrestling brand around the world for more than a decade, and we are confident that our brand can leverage its assets and strategic partnerships to take OCW to even greater heights as PIW.”
Johnson, will assume the position of President ofPinnacle of Insane Wrestling, LLC. Former Owner Vinny Rosenbuam will remain with the company in some capacity. Vinny used to work for PIW under the name Vinny Nerdstrom. The two remained friends all this time and long enough to make this business deal happen.
As far as TV rights go, Johnson assures us they will have a Television Deal by end of November!
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