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World Wrestling Entertainment
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World Wrestling Entertainment
Type
Public ( NYSE: WWE
 
)
Founded
1952
Headquarters
Stamford, Connecticut
 
,U.S.
Key people
Vince McMahon (Chairman) Linda McMahon (CEO) Shane McMahon,Executive VicePresident of Global MediaStephanie McMahon-Levesque
 
,Executive Vice President of TalentRelations, Live Events and CreativeWriting.
Industry
Professional wrestling
 
, sportsentertainment
Revenue
▲
$526.5 million USD (2008)
[1]
Operatingincome
▲
$70.3 million USD (2008)
[1]
 
Net income
▼
$45.4 million USD (2008)
[1]
Employees
570 (As of December 2007, excludingwrestlers)
[2]
Website
Official SiteCorporate WWE Web Site
World Wrestling Entertainment, Inc.
(
WWE
) is a publicly traded, privately controlledintegrated media (focusing intelevision, Internet, and live events) andsports entertainment  company dealing primarily in professional wrestling, with major revenue sourcesalso coming fromfilm, music, product licensing, and direct product sales. Vince McMahonis themajority owner and chairmanof the company and his wifeLinda McMahon holds the position of  Chief Executive Officer (CEO). Together with their children, Executive Vice President of Global Media,Shane McMahonand Executive Vice President of Talent and Creative Writing,Stephanie McMahon-Levesque,the McMahons hold approximately 70% of WWE'seconomicinterest and 96% of thevoting power in the company. The company's global headquartersare located in Stamford, Connecticutwith offices inLos Angeles,  New York City,London, and Toronto.The company was previously known as Titan Sports before changing to World Wrestling Federation Entertainment, Inc., and most recently becoming World Wrestling Entertainment, Inc.WWE's business focus is on professional wrestling, asimulated sportwhich combines wrestlingwithacting andtheatre.It is currently the largest  professional wrestling promotion  in the world and holds anextensive library of videos representing a significant portion of the visual history of professional wrestling. The promotion previously existed as the CapitolWrestling Corporation, which promoted under the banner of the World Wide WrestlingFederation (WWWF), and later the World Wrestling Federation (WWF). WWE promotesunder three brands:Raw,SmackDown, andECW. WWE is also home to threeworld titles: theWWE Championship, theWorld Heavyweight Championship, and theECW Championship.
Contents
[hide]
•
1 Company history
○
1.1 Capitol Wrestling
○
1.2 World Wide Wrestling Federation
○
1.3 World Wrestling Federation
1.3.1 Golden Age
1.3.2 New Generation
1.3.3 Monday Night Wars
1.3.4 1996-1997
1.3.5 Attitude Era
1.3.6 Business advances
1.3.7 Acquisition of WCW and ECW
 
○
1.4 World Wrestling Entertainment
1.4.1 Brand Extension
1.4.2 Changing Networks
1.4.3 ECW Returns & Introduction of HD
1.4.4 WWE Universe
1.4.5 Cost Cutting
•
2 Wellness Program
•
3 Expansion beyond wrestling
•
4 Key figures
○
4.1 Executive officers
○
4.2 Board of directors
•
5 Champions
○
5.1 Developmental territory champions
○
5.2 Other accomplishments
•
6 Defunct championships
•
7 References
•
8 External links
 
Company history
Main article: History of World Wrestling Entertainment 
Capitol Wrestling
Roderick James "Jess" McMahonwas a boxing promoter whose achievements included co- promoting a bout in 1915 betweenJess Willard and Jack Johnson.In 1926, while working with Tex Rickard (who actually despised wrestling to such a degree he prevented wrestling events from being held atMadison Square Gardenbetween 1939 and 1948), he started promoting boxing in Madison Square Garden in New York . The first match during their  partnership was a light-heavyweight championship match betweenJack Delaney and Paul Berlenbach.Around the same time, professional wrestler  Joseph Raymond "Toots" Mondtcreated a new style of professional wrestling that he called Slam Bang Western Style Wrestling to make thesport more appealing to spectators. He then formed a promotion with wrestling champion EdLewisand his manager Billy Sandow. They persuaded many wrestlers to sign contracts with their Gold Dust Trio. After much success, a disagreement over power caused the trio todissolve and, with it, their promotion. Mondt formed partnerships with several other  promoters, includingJack Curleyin New York City. When Curley was dying, Mondt movedto take over New York wrestling with the aid of several bookers, one of whom was JessMcMahon.Together, Roderick McMahon and Raymond Mondt created the Capitol WrestlingCorporation (CWC). The CWC joined the National Wrestling Alliancein 1953. Also in thatyear, Ray Fabiani, one of Mondt's associates, brought in Vincent J. McMahon to replace his father Jess in the promotion. McMahon and Mondt were a successful combination, andwithin a short time, they controlled approximately 70% of the NWA's booking, largely due totheir dominance in the heavily populated Northeast region. Mondt taught McMahon about
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