WWE

World Wrestling Entertainment (WWE), a professional wrestling force, has evolved into a diversified entertainment behemoth. World Wrestling Entertainment is owned by TKO Group Holdings, a division of Endeavour Group Holdings, and its impact is seen well outside of the wrestling arena.

Established in 1953 as the Capitol Wrestling Corporation (CWC), WWE’s journey has been marked by strategic transformations. Originally a Northeastern territory of the National Wrestling Alliance, it later became the World Wide Wrestling Federation (WWWF) in 1963.

The shift to World Wrestling Federation (WWF) occurred in 1979, and in 2002, after a legal dispute with the World Wildlife Fund, the company adopted its current name, World Wrestling Entertainment.

World Wrestling Entertainment has demonstrated its worldwide media and entertainment reach with its forays into movies, football, and other economic endeavours. In addition to wrestling, the corporation expands its reach by licencing its intellectual property for action figures and video games.

Image: WWE

The promotion boasts the largest global audience in professional wrestling, with flagship events like WrestleMania captivating millions. WWE’s main roster is divided into Raw and SmackDown, complemented by the developmental roster NXT. The company’s global headquarters in Stamford, Connecticut, is supported by offices worldwide, showcasing its international influence.

In a significant turn of events in 2023, World Wrestling Entertainment explored a potential sale amidst an employee misconduct scandal involving Vince McMahon, its majority owner.

The merger with Zuffa, the parent company of UFC, under TKO Group Holdings, marked a new chapter, completing on September 12, 2023. McMahon, now the executive chairman, and Nick Khan, the president, lead the newly formed entity, reflecting WWE’s resilience and adaptability in the face of change.

Who owns WWE?

WWE is owned by TKO Group Holdings, a majority-owned subsidiary of Endeavor Group Holdings.

When was WWE founded?

WWE was founded in 1953 as the Capitol Wrestling Corporation (CWC) and has undergone several name changes over the years.

How is WWE structured?

WWE’s main roster is divided into two brands, Raw and SmackDown, along with a developmental roster called NXT.

Is WWE real or scripted?

WWE matches are scripted and choreographed for entertainment purposes. While the outcomes are predetermined, the physicality and athleticism involved can pose real risks to performers.

Who are some iconic figures in World Wrestling Entertainment?

WWE has produced legendary figures such as The Rock, John Cena, and “Stone Cold” Steve Austin, who have become cultural icons both inside and outside the wrestling world.