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About: Billionaire Ted     Goto   Sponge   NotDistinct   Permalink

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Billionaire Ted is a series of comedic sketches that ran on World Wrestling Federation (WWF) programming in 1996. They were created to parody media mogul Ted Turner, who owned rival World Championship Wrestling (WCW), and several WCW wrestlers. The skits consisted of mocking Turner and WCW by referencing the age of their wrestlers as well as bringing up concerns about steroids. The skits were viewed as gradually becoming more malicious rather than parody, as they were broadcast in addition to the WWF chairman Vince McMahon complementing them with anti-Turner press advertisements outside of WWF programming. The skits were ended by USA Network president Kay Koplovitz, who felt they had moved away from parody and towards mirroring McMahon's personal opinions of Turner and WCW.