WWE

World Wrestling Entertainment, LLC
World Wide Wrestling Federation
(1963-1979)
World Wrestling Federation
(1979-2002)
World Wrestling Entertainment, Inc.
(2002–2024)
Company typeSubsidiary
IndustryProfessional wrestling
Founded1963
FounderVince J. McMahon
Toots Mondt
HeadquartersStamford, Connecticut, USA
Key people
RevenueIncreaseUS$1.326 billion (2023)[1]
IncreaseUS$141 million (2023)[1]
IncreaseUS$195.6 million (2022)[2]
Total assetsIncreaseUS$1.35 billion (2022)[2]
Total equityIncreaseUS$517.2 million (2022)[2]
OwnerTKO Group Holdings
Number of employees
~800 (2023)[3]
ParentTKO Group Holdings
Websitewww.wwe.com
corporate.wwe.com

World Wrestling Entertainment, LLC, doing business as WWE, is a big company that produces professional wrestling shows. It is now the most popular company in the wrestling business. Vince J. McMahon started the company in 1963. His son, Vince K. McMahon was the Executive Chairman of the company and ran the company from 1982 until Feburary 2024, when he stepped down after a lawsuit.[4] Currently the CEO is Ari Emanuel, and the president is Nick Khan. Vince's son-in-law Paul Levesque, better known as Triple H, acts as the chief content officer. The company is owned by TKO Group Holdings.

The company used to be known as the World Wrestling Federation or the WWF. They changed their name to World Wrestling Entertainment after a lawsuit filed by the World Wide Fund for Nature,[5] formerly known as the World Wildlife Fund, which uses the "WWF" initials in the United States. In 2011, the company rebranded itself as WWE, although its legal name is still World Wrestling Entertainment.

On April 3, 2023, the WWE and Endeavor agreed that the WWE and Zuffa (Ultimate Fighting Championship (UFC's parent company) would merge to create TKO Group Holdings and would be going public on the New York Stock Exchange.[6] The WWE and UFC will stay two seperate products even though their company is now merged. The merger was made official on September 12, 2023.[7]

  1. 1.0 1.1 "TKO Reports Full Year 2023 Results" (PDF). TKO Group Holdings, Inc. February 27, 2024. Retrieved February 27, 2024.
  2. 2.0 2.1 2.2 "WWE® Reports Record Full Year 2022 Results". World Wrestling Entertainment Inc. February 2, 2023. Retrieved July 6, 2023.
  3. "Company Information". World Wrestling Entertainment Inc. Retrieved October 22, 2023.
  4. "Vince McMahon resigns from TKO day after ex-employee's lawsuit". ESPN. Retrieved January 26, 2024.
  5. "WWF changes name to World Wrestling Entertainment after court case". JonsGuide. Archived from the original on August 21, 2015. Retrieved 1 June 2016.
  6. "WWE agrees to merge with UFC to create a new company run by Ari Emanuel and Vince McMahon". CNBC. Retrieved October 1, 2023.
  7. "WWE and UFC officially merge in $21.4-billion deal". Los Angeles Times. Retrieved October 1, 2023.

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