WWE has acquired the Bill Watts video library. The library includes Mid-South Wrestling, Mid-South's Power Pro Wrestling TV and the original Universal Wrestling Federation.

The library was one of the largest known video collections not owned by WWE, and was owned by Bill Watts' ex-wife Ene as part of a divorce settlement. There had been numerous meetings and attempts to purchase the library by WWE but the two sides had been unable to come to terms. With the WWE planning the launch of the WWE Network, WWE was trying to acquire the footage to add additional material for air. WWE will officially take control of the library this week.

There are already discussions internally to do a DVD documentary on the promotion as well as DVDs on Ted DiBiase, Junkyard Dog and Hacksaw Duggan - who were all huge stars for Watts.