What is WWE ?

WWE

World Wrestling Entertainment, Inc., doing business as WWE, is an American integrated media and entertainment company[10][11] that primarily is known for professional wrestling, but has also branched out into other fields over the years, including movies, real estate, and various other business ventures.

World Wrestling Entertainment, Inc.
WWELogo2014.
WWE Corporate HQ, Stamford, CT, jjron
WWE headquarters in Stamford, Connecticut in 2012
Trading name
WWE
Formerly called
Titan Sports, Inc.
World Wrestling Federation, Inc.
World Wrestling Federation Entertainment, Inc.
Type
Public company
Traded as
NYSE: WWE
NASDAQ: WWE
S&P 600 Component
ISIN
US98156Q1085
Industry
Professional wrestling
Sports entertainment
Media and Technology
Streaming media
Predecessor
Capitol Wrestling Corporation
Founded
January 7, 1952; 66 years ago
Founders
Vince McMahon
Linda McMahon
Headquarters
1241 East Main Street, 06902
Stamford, Connecticut, United States
Area served
Worldwide
Key people
Vince McMahon
(Chairman and CEO)
George Barrios
(Co-President)
Michelle D. Wilson
(Co-President)
Products
Television
Publishing
Films
Finance
Music
Merchandise
Streaming network service
Home video
Live events
Services
Licensing
Revenue
Increase US$729.2 million (2016)
Operating income
Increase US$55.6 million (2016)
Net income
Increase US$33.8 million (2016)
Total assets
Increase US$600.9 million (2016)
Total equity
Increase US$239.7 million (2016)
Owner
Vince McMahon (42%)
Number of employees
approximately 800 (2016)
Divisions
Divisions
WWE Network
WWE Libraries
WWE Studios
WWE Books
WWE Music Group
WWE NXT
WWE Performance Center
WWE Home Video
WWE Shop
[8]
Subsidiaries
Subsidiaries
Tapout (50%)
TSI Realty Company
Event Services, Inc.
WWE Studios
WWE Music Group
WWE Books
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 Middle East and Africa
WWE Libraries
Website
www.wwe.com
WWE also refers to the professional wrestling promotion itself, founded by Jess McMahon and Toots Mondt in 1952 as Capitol Wrestling Corporation Ltd. As of 2018, it is the largest wrestling promotion in the world, holding over 500 events a year (with the roster divided up into various globally traveling brands),[12] and is available to about 36 million viewers in more than 150 countries. The company's global headquarters is located in Stamford, Connecticut, with offices in major cities across the world.

As in other professional wrestling promotions, WWE shows are not legitimate 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. 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 their 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, Vince McMahon. Along with his wife Linda, children Shane and Stephanie, and son-in-law Paul "Triple H" Levesque, the McMahon family holds approximately 70% of WWE's equity and 96% of the voting power.

The current entity, incorporated on February 21, 1980, was previously known as Titan Sports, Inc., which was founded in 1979 in South Yarmouth, Massachusetts. It acquired Capitol Wrestling Corporation, 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...