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They're a multi-billion dollar company, and they don't even need to use famous songs. There's thousands of bands out there that would kill to have their song used on television, and they'd be relatively cheap.
I've said it before and I'll say it again, WWE is wealthy enough that licensing songs shouldn't be an issue. Just pay for entrance themes nowadays.
Could you imagine someone coming out to Megadeth, Slayer, etc?
Huge win for WWE. McIntyre has been probably at the best point in his career thus far and is due for a major title win at the end of this Punk storyline.