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World Wrestling Entertainment, Inc.

, d/b/a WWE, is an American integrated


media and entertainment company[6][7] that is primarily known for professional
wrestling. WWE has also branched out into other fields,
including movies, football, and various other business ventures.

The WWE name also refers to the professional wrestling promotion itself, founded


in the 1950s as the Capitol Wrestling Corporation. It is the largest wrestling
promotion in the world, holding over 450 live events a year, with the roster
primarily divided up into three globally traveling brands,[8] and is available to 800
million homes worldwide in 28 languages. The company's global headquarters is
located in Stamford, Connecticut, with offices in New York, Los
Angeles, London, Mexico
City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.[9][10]

As in other professional wrestling promotions, WWE shows are not legitimate


contests, but purely entertainment-based performance theater, featuring storyline-
driven, scripted, and partially choreographed matches, though matches often
include moves that can put performers at risk of injury, even death, if not
performed correctly. This was first publicly acknowledged by WWE's owner Vince
McMahon in 1989 to avoid taxes from athletic commissions. Since the 1980s,
WWE publicly has branded its product as sports entertainment, acknowledging the
product's roots in competitive sport and dramatic theater.

The company's majority owner is its chairman and CEO, third-generation wrestling
promoter Vince McMahon, who retains a 42% ownership of the company's
outstanding stock and 70.5% of the voting power.[11][12]

The current entity, incorporated on February 21, 1980, was previously known
as Titan Sports, Inc., which was founded that same year in South Yarmouth,
Massachusetts. It acquired Capitol Wrestling Corporation Ltd., the holding
company for the World Wrestling Federation, in 1982.

Titan was renamed World Wrestling Federation, Inc. in 1998, then World


Wrestling Federation Entertainment, Inc. in 1999, and finally the
current World Wrestling Entertainment, Inc. in 2002. Since 2011, the company
has officially branded itself solely as WWE though the company's legal name was
not changed.[13][14]

World Wrestling Entertainment, Inc.

WWE logo since August 2014

WWE headquarters in Stamford, Connecticut,


in 2012

Trade name WWE


Formerly Titan Sports, Inc. (1980–
98)
World Wrestling
Federation, Inc. (1998–99)
World Wrestling
Federation Entertainment,
Inc. (1999–2002)

Type Public

Traded as NYSE: WWE
S&P 400 component
ISIN US98156Q1085

Industry Professional
wrestling
Sports entertainment
Streaming media
Predecessor Capitol Wrestling
Corporation Ltd.

Founded January 7, 1953;


67 years ago
(first show under Capitol
Wrestling Corporation
Ltd.)
February 21, 1980;
40 years ago
(as Titan Sports, Inc.)
Founders Jess
McMahon or Vincent J.
McMahon
(as Capitol Wrestling
Corporation Ltd.)
Linda McMahon
Vince McMahon
(as Titan Sports, Inc.)
Headquarters 1241 East Main Street
Stamford,
Connecticut 06902[1]

United States

Area served Worldwide

Key people Vince McMahon


(Chairman and CEO)

Paul "Triple H" Levesque


(Executive Vice President
of Global Talent Strategy
& Development)

Stephanie McMahon
(Chief Brand Officer)

Products Television
Publishing
Films
Finance
Music
Merchandise
Streaming network
service
Home video
Live events
Services Licensing

Revenue  US$960.4 million (2019)


[2]

Operating  US$116.5 million (2019)


[2]
income

Net income  US$77.1 million (2019)


[2]

Total assets  US$992.2 million (2019)


[2]

Total equity  US$275.3 million (2019)


[2]

Number of approximately 850 (2017)


[3]
employees

Divisions WWE Network


WWE Studios
WWE Music Group
WWE Books
WWE Libraries
WWE Performance Center
WWE Home Video
WWE Shop[4]

Subsidiaries Tapout (50%)[5]
WCW, Inc.
TSI Realty Company
WWE Jet Services
WWE Properties
International
WWE Latin America
WWE Japan
WWE Australia
WWE Canada
WWE Germany
WWE Asia Pacific
WWE Middle East and
Africa

Website www.wwe.com

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