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Like &subscribe👍🙏🥳💖World Wrestling Entertainment, Inc., doing business as WWE, is an American professional wrestling promotion. A global integrated media and entertainment company, WWE has also branched out into other fields, including film, American football, and various other business ventures. The company is additionally involved in licensing its intellectual property to companies to produce video games and action figures.

World Wrestling Entertainment, Inc.
WWE white logo.svg
WWE Corporate HQ, Stamford, CT, jjron 02.05.2012.jpg
Headquarters in Stamford, Connecticut, 2012
Trade name
WWE
Formerly
Titan Sports, Inc. (1980–1999)
World Wrestling Federation Entertainment, Inc. (1999–2002)
Type
Public
Traded as
NYSE: WWE
S&P 400 component
ISIN
US98156Q1085
Industry
Professional wrestlingStreaming media
Predecessor
Capitol Wrestling Corporation Ltd.
Founded
January 1953; 70 years ago
(as Capitol Wrestling Corporation Ltd.)
April 1963; 60 years ago
(rebranding as the World Wide Wrestling Federation)
February 1980; 43 years ago
(founding of Titan Sports, Inc.)
June 1982; 40 years ago
(purchase of Capitol Wrestling Corporation Ltd. by Titan Sports)
Founder
Jess McMahon or Vincent J. McMahon[a]
(as Capitol Wrestling Corporation Ltd.)
Vince McMahon and Linda McMahon
(as Titan Sports, Inc.)
Headquarters
1241 East Main Street Stamford, Connecticut 06902, United States
Area served
Worldwide
Key people
Vince McMahon
(Executive Chairman)
Nick Khan
(CEO)
Frank A. Riddick III
(President and CFO)
Paul "Triple H" Levesque
(CCO)
Products
FilmsFinanceHome videoLive eventsMerchandiseMusicPublishingStreaming network serviceTelevision
Services
Licensing
Revenue
Increase US$1.291 billion (2022)[2]
Operating income
Increase US$259 million (2021)[3]
Net income
Increase US$195.6 million (2022)[2]
Total assets
Increase US$1.204 billion (2021)[3]
Total equity
Increase US$381.3 million (2021)[3]
Owner
Vince McMahon[b]
Number of employees
~870 (2021)[5]
Divisions
WWE Books
WWE Home Video
WWE Libraries
WWE Music Group
WWE Network
WWE Podcast Network
WWE Performance Center
WWE Shop
WWE Studios[6]
Others
Subsidiaries
Tapout (50%)[7]
Alpha Entertainment
TSI Realty Company
WCW Inc.
WWE Asia Pacific
WWE Australia
WWE Canada
WWE Germany
WWE Jet Services
WWE Latin America
WWE Middle East and Africa
WWE Properties International
Others
Website
wwe.com
The promotion was founded in 1953 as the Capitol Wrestling Corporation. It is the largest wrestling promotion in the world, with its main roster divided up into two primary touring groups, along with a developmental roster based in Orlando, Florida (referred to by WWE as "brands"). Overall, WWE is available in more than one billion homes worldwide in 30 languages. The company's global headquarters is located in Stamford, Connecticut,[8] with offices in New York, Los Angeles, Mexico City, Mumbai, Shanghai, Singapore, Dubai, and Munich.[9] As in other professional wrestling promotions, WWE shows are not legitimate contests but entertainment-based performance theater, featuring story line-driven, scripted, and partially choreographed matches; however, matches often include moves that can put performers at risk of injury, even death, if not performed correctly. The pre-determined aspect of professional wrestling was publicly acknowledged by WWE's owner Vince McMahon in 1989 in order to avoid taxes from athletic commissions. WWE brands its product as sports entertainment, acknowledging wrestling's roots in competitive sport and dramatic theater.

The company's majority owner is its executive chairman, third-generation wrestling promoter Vince McMahon, who retains a 38.6% ownership of the company's outstanding stock and 81.1% of the voting power. The current entity, which was originally named Titan Sports, Inc., was incorporated on February 21, 1980, in South Yarmouth, Massachusetts, but reincorporated under Delaware General Corporation Law in 1987. It acquired Capitol Wrestling Corporation Ltd., the holding company for the World Wrestling Federation (WWF), previously known as the World Wide Wrestling Federation (WWWF), in 1982. Titan was renamed World Wrestling Federation Entertainment, Inc. in 1999, and then World Wrestling Entertainment, Inc. in 2002. Since 2011, the company has branded itself solely with the initials WWE, though the legal name has not changed since 2002.[10]

In 2023, WWE began to explore a potential sale of the company, amidst an employee misconduct scandal involving McMahon that had prompted him to step down as chief executive officer, although he returned as executive chairman.[11] In April 2023, WWE made a deal with Endeavor Group Holdings, under which it would merge with the mixed martial arts promotion Ultimate Fighting Championship (UFC) to form a new public company majority-owned by Endeavor, with McMahon serving as executive chairman of the new entity, and Nick Khan remaining president. The merger is expected to be completed in the second half of 2023.