We have all about WWE you always wanted to know, here in this three article series of Sportycious. Just go through these three articles and you will get the clear idea about what exactly WWE is all about and how it functions. In this series you will also know about some of the Stars WWE has produced till now, so let us SLAM it!
All about WWE you Always Wanted to Know
What is WWE?
The full name of WWE is World Wrestling Entertainment Inc. It is a privately controlled entity which is traded in the New York Stock Exchange (NYSE) as well. The company’s major revenue sources are wrestling matches, movies, product licensing, music and direct product sales.
History and Structure of WWE in Brief
The World Wrestling Federation, which is popularly known as WWE has it’s headquarters in the Stamford city of Connecticut state in the United States of America. It was formerly known as Titan Sports when it was established in the year 1979 and it continued to be called by that name till 1988. In 1988 the name was changed to the ‘World Wrestling Federation, Inc.’ and since 1999 it is now called ‘World Wrestling Federation Entertainment Inc.’
WWE is having shares trading at the New York Stoke Exchange and it is labeled as a Professional Wrestling Company and it also comes under Sports entertainment, Media and Technology and Streaming Media as well. The founders of WWE are Vince McMahon and Linda McMahon. WWE was established as Titan Sports on 21st February, 1980.
What exactly WWE Do?
WWE runs on the footholds of the Professional Wrestling Promotion which was founded by Jess McMahon and Toots Mondt in the year 1952 and it has approximately 320 televised and non-televised events a year as a major revenue source. The WWE shows or fights are not legitimate sporting contests, but they are based on entertainment only. The fights shown there are scripted, choreographed and having a pre-decided storyline as well. Despite being choreographed the performers in the WWE often get involved in dangerous acts which may harm other performers seriously.
WWE is one of the most popular shows, not only in the US, but also in Europe, Africa and Asia as well. It has been watched by one and everyone. Despite people know that the fights are pre decided, people still love to see it and they even made few wrestlers as ‘legends’!