WWE BACKGROUND INFORMATION

Essay One World Wrestling Entertainment, also known as WWE, is an American a publicly traded and privately owned entertainment company that operates in the sports entertainment industry. The program is broadcasted in over 150 countries and 30 different languages. It major revenue sources are music, film, product licensing and direct product sales. It is the largest professional wrestling promotion in the world, and reaches more than 650 million homes internationally, bringing in about 13 million viewers in the United States. The company’s headquarters are situated in Stamford, Connecticut and has multiple offices both nationally and internationally in New York, Los Angeles, Miami, London, Tokyo and more. Joseph Raymond Mondt, a professional wrestler, created Slam Bang Western style wrestling in 1920 and eventually teamed with Vince McMahon to create the Capitol Wrestling Corporation Ltd. It was endorsed by the World Wide Wrestling Federation before it became World Wrestling Entertainment in 2002 and was later shortened to WWE in 2011. WWE has approximately 660 employees, including the CEO Vincent McMahon. McMahon first met the promoter of Capitol Wrestling Corporation, his father Vincent McMahon senior when he was 12 years old. McMahon Jr. became fascinated with the thought of joining his father in the professional wrestling industry, and wanted to be a wrestler. His father was against him becoming a wrestler because he explained that promoters should not take part in the show and stay away from wrestlers. After graduating East Carolina University, McMahon was keen to undertake a manager’s position in the World Wide Wrestling Federation promotion. McMahon played multiple roles for the company before he became CEO such as an in-ring announcer for All-Star Wrestling and a play-by-play announcer for television matches until 1997. In 1982, McMahon Junior bought his father’s stock and grasped control of the company and began to develop a plan that