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Thursday, September 24, 2009

World Wrestling Entertainment

World Wrestling Entertainment Type: Public {NYSE: WWE} Founded: 1952 Founder{s}: Roderick McMahon Toots Mondt: Headquarters: Stamford, Connecticut, U.S. Key people: Vince McMahon {Chairman} Linda McMahon {CEO} Shane McMahon {Executive Vice President of Global Media} Stephanie McMahon-Levesque {Executive Vice President of Talent Relations, Live Events and Creative Writing} Industry : Professional wrestling, sports entertainment Revenue : ▲ $526.46 million {2008} Operating income▲ $70.29 million {2008} Net income: ▼ $45.42 million {2008} Total assets: ▼ $429.41 million {2008} Total equity: ▼ $359.97 million {2008} Employees: 564 {as of February 2009, excluding wrestlers} Website: wwe.com

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WWE Corporate Offical web Site

World Wrestling Entertainment, Inc. {WWE} is a publicly-traded, privately-controlled integrated media {focusing in television, Internet, and live events} and sports entertainment company dealing primarily in professional wrestling, with major revenue sources also coming from film, music, product licensing, and direct product sales. Vince McMahon is the majority owner and chairman of the company and his wife Linda McMahon holds the position of Chief Executive Officer {CEO}. Together with their children, Executive Vice President of Global Media, Shane McMahon and Executive Vice President of Talent and Creative Writing, Stephanie McMahon-Levesque, the McMahons hold approximately 70% of WWE's economic interest and 96% of the voting power in the company.The company's global headquarters are located in Stamford, Connecticut with offices in Los Angeles, New York City, London, and Toronto.

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The company was previously known as Titan Sports before changing to World Wrestling Federation Entertainment, Inc.then becoming World Wrestling Entertainment, Inc.WWE's business focus is on professional wrestling, a simulated sport that consists of wrestling combined with acting and theatre. It is currently the largest professional wrestling promotion in the world and holds an extensive library of videos representing a significant portion of the visual history of professional wrestling. The promotion previously existed as the Capitol Wrestling Corporation, which promoted under the banner of the World Wide Wrestling Federation {WWWF}, and later the World Wrestling Federation {WWF}. WWE promotes under three brands: Raw, SmackDown, and ECW. WWE is also home to three world heavyweight championships: the WWE Championship, the World Heavyweight Championship, and the ECW Championship.

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