World Wrestling Entertainment, popularly known as WWE, is an American integrated media and entertainment company that is primarily known for professional wrestling.
The WWE is the professional wrestling promotion founded in the 1950s as the Capitol Wrestling Corporation. In 2019, it was the largest wrestling promotion in the world, holding over 500 events a year, with the roster divided into various global traveling brand, and is available to 36 million viewers in over 150 countries. The company’s headquarters is located in Stamford, Connecticut, with offices in major cities around the world.
Unlike other professional wrestling promotions, WWE shows are not legitimate contests, but purely entertainment-based, featuring storyline-driven, scripted, and choreographed matches, though matches often include moves that can put performers at risk of injury, even death, 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 its 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, who retains a 42% ownership of the company’s outstanding stock and 83% 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 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
They’ve produced the likes of Undertaker, John Cena , Triple H , Cain , Big Show and recently we’ve seen AJ Styles , Daniel Bryan , Koffi , Seth Rollins