Señor Mau

World Wrestling Entertainment, Inc.[5] (doing business as WWE, Inc.;[6]) is an American publicly traded, privately controlled entertainment company dealing primarily in professional wrestling, with major sources also coming from film, music, product licensing, and direct product sales. It is currently the largest professional wrestling promotion in the world, reaching 13 million viewers in theU.S. and broadcasting its shows in 30 languages to more than 145 countries.[7] Like other professional wrestling promotions, WWE's shows do not feature legitimate sporting contests. Instead, its programs feature storyline-driven combat sport matches with predetermined outcomes and fighting maneuvers that are worked, all promoted as legitimate bouts.[8]
Vince McMahon is the majorityowner, chairman and chief executive officer (CEO) of the company. Together with his wife Linda McMahon, and their children Shane McMahon and Stephanie McMahon-Levesque (WWE Executive Vice President of Creative), the McMahons hold approximately 70% of WWE's economic interest and 96% of thevoting power in the company. The company's headquarters are located in Stamford, Connecticut with offices inNew York City, LosAngeles, London, Shanghai, Tokyo, Singapore, and Mumbai.[9][10]
WWE holds an extensive library of videos, representing a significant portion of the visual history of professional wrestling. The company began as the Capitol Wrestling Corporation in 1952, which promoted under the banner of the World Wide Wrestling Federation (WWWF) and later the World Wrestling Federation (WWF). In 1982, it was soldto the same family's Titan Sports company, which later changed its name to World Wrestling Federation Entertainment, before becoming World Wrestling Entertainment (WWE) in 2002

World Wrestling Federation

Vince McMahon, founder of Titan Sports, Inc. and current Majority owner, Chairman, and CEO of WWE.
On February 21, 1980, the son of Vincent J. McMahon, Vincent K. McMahon, founded TitanSports, Inc.[20] and on June 6, 1982, purchased Capitol Wrestling Corporation Ltd. from his father and other stock holders (Arnold Skaaland, Gorilla Monsoon, and Phil Zacko).[19] The elder McMahon had long since established the northeastern territory as one of the most vibrant members of the NWA. He had long since recognized that professional wrestling was more about entertainment than actual sport.Against his father's wishes, McMahon began an expansion process that fundamentally changed the industry.

The original logo for the company.
The WWF was not the only promotion to have broken ranks with the NWA; the American Wrestling Association (AWA) had long ago ceased being an official NWA member (although like the WWF, they seldom left their own territory). However, neither of the defectingmembers attempted to undermine the territory system that had been the foundation of the industry for more than half a century.
Other promoters were furious when McMahon began syndicating WWF television shows totelevision stations across the United States, in areas outside of the WWF's traditional northeastern stronghold. McMahon also began selling videotapes of WWF events outside the Northeastthrough his Coliseum Video distribution company. He effectively broke the unwritten law of regionalism around which the entire industry had been based. To make matters worse, McMahon used the income generated by advertising, television deals, and tape sales to poach talent from rival promoters. Wrestling promoters nationwide were now in direct competition with the WWF.
Hulk Hogan, due to hisappearance in Rocky III, had a national recognition that few other wrestlers could offer, which is what led McMahon to sign him. Roddy Piper was brought in, as well as Jesse Ventura (although Ventura rarely wrestled in the WWF at that point due to the lung disorder that caused his retirement, moving to the commentator booth alongside Gorilla Monsoon). André the Giant, Jimmy Snuka,Don Muraco, Paul...