WWE
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World Wrestling Entertainment, Inc.
WWE Headquarters in
Stamford, Connecticut
Type
Public
Traded as
NYSE: WWE
Industry
Professional wrestling
Sports entertainment
Media and Technology
Streaming Media
Predecessors
Capitol Wrestling Corporation
Founded
February 21, 1980
Founders
Vince McMahon
Linda McMahon
Headquarters
1241 East Main Street
Stamford, Connecticut 06902, United States
Area served
Worldwide
Key people
Vince McMahon
(Chairman and CEO)
Products
Television, publishing, films, music, merchandise, streaming network service, home video, live events
Services
Licensing
Revenue
US$ 508.0 million (2013)
Operating income
US$ 5.9 million (2013)
Profit
US$ 2.8 million (2013)
Total assets
US$ 378.4 million (2013)
Total equity
US$ 265.9 million (2013)
Owners
Vince McMahon
Employees
762 (2014)
Divisions
WWE Network
WWE Libraries
WWE Studios
WWE Books
WWE Music Group
WWE NXT
WWE Performance Center
Subsidiaries
TSI Realty Company
Event Services, Inc.
WWE Studios
WWE Music Group
WWE Properties International
WWE Japan
WWE Australia
WWE International
WWE Canada
WWE Sports
WCW, Inc.
WWE Animation
WWE Jet Services
WWE Germany
WWE Asia Pacific
WWE Libraries
Website
http://www.wwe.com
WWE, the more common terminology for World Wrestling Entertainment, Inc., is an American publicly traded, privately controlled entertainment company that deals primarily in professional wrestling, with major revenue sources also coming from film, music, product licensing and direct product sales.The WWE also refers to the professional wrestling promotion itself, founded by Jess McMahon and Toots Mondt in 1952 as Capitol Wrestling Corporation, and, as of 2014, the largest in the world, holding approximately 320 televised and non-televised events a year, and broadcasting to about 36 million viewers in more than 150 countries.As in other professional wrestling promotions, WWE shows are not legitimate sporting contests, but purely entertainment-based, featuring storyline-driven, scripted and choreographed matches, though they often include moves that can put performers at risk of injury if not performed correctly. WWE first acknowledged this publicly in 1981, breaking the gentlemen's agreement that previously existed among promoters.Vince McMahon is the majority owner, chairman and chief executive officer (CEO) of the company. Together with his wife Linda, children Shane and Stephanie, and son-in-law Paul Levesque (Known professionally as Triple H), the McMahon family holds approximately 70% of WWE's equity and 96% of the voting power in the company. As of August 2014, due to ongoing problems with the company, Eminence Capital, a New York based hedge fund, acquired 9.6% stake of WWE while the McMahon family retains 90.4% interest.The current entity was previously known as Titan Sports, Incorporated on February 21, 1980 which acquired Capitol Wrestling Corporation (the holding company for the World Wrestling Federation) in 1982 and later formed a separate corporation in Delaware that may have initially been called WWF, Inc. before being renamed Titan Sports, Inc. which is then legally merged the Massachusetts corporation. Titan was renamed World Wrestling Federation, Inc. in 1998, then World Wrestling Federation Entertainment, Inc. in 1999 and finally World Wrestling Entertainment, Inc. in 2002. Since 2011, the company has officially branded itself solely as "WWE", which is no longer an initialism, though the company's legal name was not changed. The company's headquarters are located in Stamford, Connecticut, with offices in New York City, Los Angeles, London, Shanghai, Tokyo, Singapore, Munich, Mumbai, and Mexico City.
^ WWE Corporate - Initiatives
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^ WWE Corporate - Contact WWE
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^ (2013)
^ "WWE, Inc. Form 10-K". U.S. Securities and Exchange Commission. 1 March 2012.
^ "World Wrestling Entertainment, Inc.". New York Stock Exchange. Retrieved 7 December 2011.
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^ a b World Wrestling Entertainment, Inc. (March 1, 2013). "Annual Report (Form 10-K)". U.S. Securities and Exchange Commission. Retrieved December 25, 2013. "WORLD WRESTLING ENTERTAINMENT, INC. (Exact name of Registrant as specified in its charter)"
^ "WWE Corporate - Live & Televised Entertainment". Corporate.wwe.com. Retrieved 24 June 2014.
^ Grabianowski, Ed (13 January 2006). "How Pro Wrestling Works". Entertainment.howstuffworks.com. Retrieved 10 June 2012.
^ "Eminence Capital Shows New 9.6% Stake in World Wrestling Entertainment (WWE)". Streetinsider.com. 2014-08-11. Retrieved 2014-08-18.
^ l "The New WWE". WWE. 7 April 2011. Retrieved 8 April 2011.
^ "Company Overview". 15 June 2011.
^ "WWE opens Mumabi office". 15 June 2011.
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System
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