World Wrestling Entertainment, Inc.
Wwelogo.svg
Trading name
WWE
Type
Public
Traded as
NYSE: WWE
Industry
Professional wrestling
Sports entertainment
Founded
January 7, 1952 (promotion – as Capitol Wrestling Corporation)[1]
February 21, 1980 (corporation)[2]
Founder(s)
Capitol Wrestling:
Jess McMahon
Toots Mondt
Titan Sports Inc.:
Vince McMahon
Headquarters
Stamford, Connecticut, United States
Area served
Worldwide
Key people
Vince McMahon
(Chairman, CEO & Majority controlling shareholder – 70%)
Stephanie McMahon
(CBO)
Paul “Triple H” Levesque
(EVP – Talent, Live Events & Creative)
George Barrios
(CFO & CSO)
Kevin Dunn
(EVP – Television Production)
Michael Luisi
(President – WWE Studios)
Michelle D. Wilson
(CMO & CRO)
Products
Television, publishing, movies, Internet, merchandise, streaming network service, home video, and live events
Services
Licensing
Revenue
Increase $659.33 Million (2013)[3]
Operating income
Increase $138.00 Million (2013)[3]
Profit
Increase $99.00 Million (2013)[3]
Total assets
Increase $3.372 Billion (2013)[3]
Total equity
Increase $2.208 Billion (2013)[3]
Owner(s)
Vince McMahon[4]
Employees
700+ [5]
Divisions
Divisions
WWE Libraries
WWE Studios
WWE Books
WWE Music Group
WWE NXT
WWE Kids
WWEShop.com
WWE TV Productions
Subsidiaries
Subsidiaries
TSI Realty Company
Event Services, Inc.,
WWE Studios
Stephanie Music Publishing, Inc.
WWE Properties International, Inc.
WWE Japan
WWE Australia
World Wrestling Entertainment (International) Ltd.
World Wrestling Entertainment Canada, Inc.
WWE Sports, Inc.
WCW Inc.
WWE Animation, Inc.[6]
Website
Official website
Official Corporate website
WWE, also known by its legal name of World Wrestling Entertainment, Inc.,[7][8][9] 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.
“WWE” also refers to the professional wrestling promotion itself, founded by Jess McMahon and Toots Mondt in 1952, 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.[10]
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.[11]
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 “Triple H” Levesque, the McMahon family holds approximately 70% of WWE’s equity and 96% of the voting power in the company. The company’s headquarters are located in Stamford, Connecticut, with offices in New York City, Los Angeles, London, Shanghai, Tokyo, Singapore, and Mumbai.[12][13]
The promotion was previously called the Capitol Wrestling Corporation (CWC), the World Wide Wrestling Federation (WWWF), the World Wrestling Federation (WWF), and World Wrestling Entertainment (WWE). 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.[9][14]
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