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Netflix announce new high-budget WWE documentary series on chief Vince McMahon made by Fyre Fest director

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WWE will work with Netflix to produce a high budget docuseries on chief Vince McMahon.

Nick Khan, WWE's new President, announced the news that a 'groundbreaking new deal' had been reached with the streaming service.

He also added it was one of the highest budget documentaries ever produced.

It will be directed by Chris Smith who also produced the hit documentary Fyre Fest.

Khan said: “In a groundbreaking deal, we have sold a multi-part documentary with Netflix on the life of none other than our very own Vince McMahon.

"By groundbreaking, I mean one of the highest budgeted docs in Netflix’s history.

"Bill Simmons, as previously mentioned, will executive produce.

"Chris Smith, the amazing director of Netflix’s Fyre Festival documentary, will direct and produce alongside WWE Studios.”

The series, which is yet to have a release date, will be predominantly based on the life of 75-year-old McMahon.

The CEO is worth around a staggering £1billion after taking over the company from his father in 1982.

McMahon went from filing for bankruptcy in 1976 to becoming a real-life billionaire in the 90s, owning a limousine, private jet, yacht and a £160,000 Bentley.

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