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I think Turner was a bigger influence considering he was willing to pay almost anything but to his credit Bischoff was smart enough to go after the real money and interest making stars from WWF (and later ECW).
Hogan's real impact doesn't occur until 2 years later with the nWo. Wasn't that long after appearing on WCW that people got tired of him until he evolved into the Hollywood Hogan character. Also it seemed like Vince cared or hated more about Macho leaving than Hogan at the time.
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