Today we are bringing you one of the entertainment shows with one of the most successful sports competition worldwide: WWE, or the “World Wrestling Entertainment (Inc.)”
ORIGINS OF WWE
The Capitol Wrestling Corporation Ltd (CWC) was founded in the middle of the twentieth century thanks Jess McMahon and his partner Toots Mondt. The first was an American boxing promoter and wrestler of Irish origin, while the second was a fighter, promoter and ideologist of a new wrestling concept.
After Jess died in 1954, his second son Vincent J. McMahon led the company and most of the successful wrestling events between the 50s and 60s. He unveiled a show that was in the interest of the postwar American society at a state level; a society eager for a new kind of entertainment to forget so many years of suffering.
In 1963, Vincent McMahon and Toots Mondt left the National Wrestling Alliance (NWA) of which they were part and renamed their company as the World Wide Wrestling Federation (WWWF).
Despite the increasing success, the golden age of wrestling would come later: during the late 70’s and early 90’s. It coincided with the sale of the WWWF company to Vincent’s son, Vince K. McMahon.
In 1979 the company changed its name to World Wrestling Federation – WWF and its headquarters to Massachusetts. The WWF shows quickly become world-famous performances. They had venues in several cities, television agreements across the state and abroad (pay-per-view), and a large lineup of wrestlers. Fighters such as Hulk Hogan, Andre the Giant, The Ultimate Warrior, Mr. T, Jimmy Snuka, Sgt. Slaughter, Bret Hitman Hart, Macho Man Randy Savage, Jake The Snake Roberts, Mr. Perfect …
SUCCESS OF WWE
It changed its name to WWE (World Wrestling Entertainment, Inc.) as it was compulsory. Afterwards it went through different stages of public success (New Generation, Attitude Era, Acquisition of WCW and ECW, Generation NXT, etc.). Revenues have skyrocketed again thanks to a new generation of fighters and a successful marketing policy.
Additionally, there is a diversification of income through subsidiaries like WWE Libraries, WWE Magazine, WWE Studios, WWW Music Group, or WWE Vintage. And, above all, WWE Network, with all this this brand involves: pay-per-view, merchandising (posters, videogames, books, videos). There is also Income from television contracts all over the world as well as the possibility of connecting from almost any online platform.
Diversification is also a clear identity mark for the different tournaments we can enjoy in WWE:
Raw (since 1993), SmackDown (since 1999), NXT (since 2010), 205 Live (since 2016), Royal Rumble, Wrestlemania, Backlash, Total Bellas, Summer Slam, Clash Of Champions and many more. All of them can be followed from the WWE official web site. From there you can record all the events on your calendar, so you do not miss any of them.
Recently we have been able to enjoy several championships such as Raw, Smackdown or NXT. Currently we can enjoy the WWE world tour with fights that will go through different countries such as South Africa, Spain, Norway, Argentina or France.
It’s time to get in the ring!
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