World Wrestling Entertainment, Inc., under the name WWE, is an American integrated media and entertainment company that is primarily known for professional wrestling. WWE has branched out into other fields as well, including movies, soccer, and various other business ventures.
The WWE name also refers to the professional wrestling promotion itself, which was founded in 1953 as the Capitol Wrestling Corporation. It is the largest wrestling promotion in the world, with more than 450 live events a year, with the list mainly divided into three brands that travel around the world, and is available to 900 million households worldwide in 28 Languages. The company’s global headquarters are in Stamford, Connecticut, with offices in New York, Los Angeles, London, Mexico City, Mumbai, Shanghai, Singapore, Dubai, Munich and Tokyo.
As with other professional wrestling promotions, WWE shows are not legitimate contests, but rather entertainment-based theatrical shows featuring story-driven, scripted, and part-choreographed matches. However, matches often include moves that can put performers at risk of injury, even death, if not performed properly. The default aspect of wrestling was publicly recognized by WWE owner Vince McMahon in 1989 to avoid athletic commission taxes. WWE brands its product as sports entertainment, recognizing the roots of wrestling in competitive sports and dramatic theater.
The majority owner of the company is its president and CEO, third-generation wrestling promoter Vince McMahon, who retains 42% of the outstanding shares of the company and 70.5% of the voting power. 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 of the World Wrestling Federation, in 1982. Titan was renamed World Wrestling Federation Entertainment, Inc. in 1999, and then the current World Wrestling Entertainment, Inc. in 2002. Since 2011, the La The company has officially branded itself solely as WWE, although the company’s legal name was not changed.
Logo since August 2014
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Headquarters in Stamford, Connecticut in 2012
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Trade name
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WWE |
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| Formerly | Titan Sports, Inc. (1980–99) World Wrestling Federation Entertainment, Inc. (1999–2002) |
| Type | Public |
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Traded as
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| ISIN | US98156Q1085 |
| Industry |
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| Predecessor | Capitol Wrestling Corporation Ltd. |
| Founded |
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| Founders |
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| Headquarters |
1241 East Main Street
Stamford, Connecticut 06902[1] , United States
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Area served
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Worldwide |
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Key people
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Vince McMahon (Chairman and CEO)Paul “Triple H” Levesque (Executive Vice President of Global Talent Strategy & Development)Stephanie McMahon (Chief Brand Officer) |
| Products |
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| Services | Licensing |
| Revenue |  US$974.2 million (2020)[2] |
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Operating income
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US$208.6 million (2020)[2] |
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Net income
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US$131.8 million (2020)[2] |
| Total assets | US$1.2 billion (2020)[2] |
| Total equity | US$388.8 million (2020)[2] |
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Number of employees
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approximately 850 (2017)[3] |
| 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 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 |