WWE

Article

October 28, 2021

World Wrestling Entertainment Inc., promoted with the acronym WWE - an American media and entertainment company primarily involved in organizing shows and television programs related to wrestling. It was registered in its present form on February 21, 1980. It was established in 1952 under the name of Capitol Wrestling Corporation. In 1982 it was bought by Vince McMahon and renamed Titan Sports Promotions. Another name change took place in 1999, to World Wrestling Federation Entertainment Inc. The company registered its current name on May 5, 2002. WWE promotes itself as a wrestling organization, known since 2002 as World Wrestling Entertainment (WWE). Previously, it was known as Capitol Wrestling Corporation (CWC) in 1952–1963, World Wide Wrestling Federation (WWWF) in 1963–1979 and World Wrestling Federation (WWF) in 1979–2002. WWE is headquartered at 1241 E Main Street in Stamford, Connecticut. WWE also has offices in New York, Los Angeles, London, Mexico, Mumbai, Shanghai, Singapore, Dubai, Munich, and Tokyo. The current majority shareholder and CEO of the company is Vince McMahon.

History

Capitol Wrestling Corporation (1952–1963)

The company known today as WWE was founded in 1952 under the name of Capitol Wrestling Corporation (CWC) by veteran boxing and wrestling promoter Jess McMahon and influential wrestling promoter Toots Mondt. In 1953, the company joined the National Wrestling Alliance (NWA) league that controlled the division of the United States into the territories of individual wrestling promoters. Jess McMahon and Toots Mondt were assigned to the Northeast, including New York, Pennsylvania, New Jersey, and Connecticut. Following the death of Jess McMahon on November 21, 1954, his son, Vincent James McMahon, succeeded him as the new co-owner of the organization and quickly became the majority shareholder. Vincent James McMahon's main partner was Toots Mondt.

World Wide Wrestling Federation (1963–1982)

On January 24, 1963, the Capitol Wrestling Corporation separated from the National Wrestling Alliance due to a dispute over the NWA's decision to replace the main league champion, to whom he was associated with CWC Buddy Rogers. Jess McMahon and Toots Mondt changed their name to the World Wide Wrestling Federation (WWWF). The company enjoyed great popularity in the following years, among others, due to the wrestler Bruno Sammartino, who was the main champion in the years 1963–1971 and 1973–1977. In 1971, the WWWF rejoined the National Wrestling Alliance. In 1969, Vincent James McMahon sold the shares of retiring Toots Mondt to Robert "Gorilla Monsoon" Marella. In 1979, the World Wide Wrestling Federation was renamed the World Wrestling Federation (WWF).

World Wrestling Federation (1982–2002)

On June 6, 1982, Vincent Kennedy McMahon bought the WWF organization from his father, Vincent James McMahon, and his business partners Phil Zacko, Arnold Skaaland and Robert "Gorilla Monsoon" Marella. By this time, WWF had already covered Maryland, Pennsylvania, New York, Delaware, New Jersey, Connecticut, Rhode Island, Massachusetts, New Hampshire, Vermont, Maine, and the District of Columbia. Vincent Kennedy McMahon has set himself the goal of making WWF the main wrestling federation in the United States and then around the world. In 1983, WWF left the NWA league and made a deal with the USA Network to broadcast the gal on cable. Popular wrestlers from other territories joined the WWF in exchange for the promise of greater publicity and a higher salary. The National Wrestling Alliance began to lose its importance. The 1980s were hailed, among others by the company itself, as the golden age of wrestling. Hulkamania, a phenomenon, contributed to the popularity of WWF

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