#2 Eric Bischoff makes TV shows
Does the name Jason Hervey ring a bell for you? If you watched television in the 1990s, you may remember a show called The Wonder Years. It followed the life of teenager Kevin Arnold as he navigated life and love in 1960s America. Kevin was portrayed by a very young Fred Savage and Hervey played his tormenting older brother, Wayne. It was a pretty good show, you should go see if it's on Netflix or Amazon or something.
Anyway, the reason I bring Hervey up is that Eric Bischoff and Hervey struck up an unlikely friendship following the actor's guest appearance on an episode of WCW Monday Nitro. Hervey would actually be hired as a producer for WCW and the two would go on to form Bischoff/Hervey Productions.
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And, so far, they've been pretty successful. Shows that they have produced include I Want To Be a Hilton, Scott Baio is 45...and Single (and its follow-up Scott Baio is 46...and Pregnant), and Hulk Hogan's Celebrity Championship Wrestling, which featured celebs like Danny Bonaduce (of The Partridge Family), Frank Stallone (the brother of Sylvester), Dustin Diamond (Screech from Saved By The Bell) and Dennis Rodman (NBA Hall of Famer and eventual winner of the show) training to be pro wrestlers while living together in a Big Brother type of set-up.
It's fantastically horrible and everyone should watch it.
They also produced Hardcore Pawn: Chicago, a spin-off of the popular TruTV show set in a pawn shop. It only ran for one season. They also attempted to start a TV show featuring younger wrestlers (like, teenagers and stuff) called MatRats that, sadly, went nowhere.
With Bischoff's new role with WWE, it's hard to say how involved he'll be in TV production these days, but he has proven that he's got a bit of a knack for it.