New ECW brand scheduled to take place of Velocity -- full details inside
On Friday, April 28, 2006 at 1:40 AM EST Dave Meltzer of The Wrestling Observer is reporting that following meetings yesterday, Vince McMahon has decided that as of now the new ECW brand would be taking the place of the Velocity webcast on WWE.com.
So for now at least, matches for the new ECW brand will be taped before SmackDown every Tuesday and will remain an internet-only show until a timeslot is opened either through the USA Network or another network willing to take on the brand.
It should be noted that negotiations are ongoing to get the new ECW on television in the United States. As to where this leaves Velocity, the show is expected to be fazed out later this year as the return of ECW approaches with the USA Network special on June 7 and the second One Night Stand PPV on June 11.