The current entity, which was originally named Titan Sports, Inc., was incorporated on February 21, 1980, in South Yarmouth, Massachusetts, but reincorporated under Delaware General Corporation Law in 1987.
The company's global headquarters is located in Stamford, Connecticut,[12] with offices in New York, Los Angeles, Mexico City, Mumbai, Shanghai, Singapore, Dubai, and Munich.
Vincent J. McMahon and Toots Mondt were very successful and soon controlled approximately 70% of the NWA's booking power, largely due to their dominance in the heavily populated Northeastern United States.
The WWF business expanded significantly on the shoulders of McMahon and his babyface hero Hulk Hogan for the next several years after defeating The Iron Sheik at Madison Square Garden on January 23, 1984.
At that point, Nitro began a nearly two-year ratings domination that was largely fueled by the introduction of the New World Order (nWo), a stable led by former WWF performers Hulk Hogan, Scott Hall (the former Razor Ramon), and Kevin Nash (the former Diesel).
Before the Montreal Screwjob, which took place at the 1997 Survivor Series, former WCW talent were being hired by the WWF, including Stone Cold Steve Austin, Mankind, and Vader.
[46] Shortly after WrestleMania X-Seven, the WWF launched the Invasion storyline, integrating the incoming talent roster from WCW and Extreme Championship Wrestling (ECW).
[56][57] Although mainly caused by an unfavorable ruling in its dispute with the World Wildlife Fund regarding the "WWF" initialism, the company noted it provided an opportunity to emphasize its focus on entertainment.
[58] In March 2002, WWE decided to create two separate rosters, with each group of wrestlers appearing on one of their main programs, Raw and SmackDown!, due to the overabundance of talent left over from the Invasion storyline and the ensuing absorption of WCW and ECW contracts.
[87][88] Live broadcasts returned on April 13, with the existing arrangements continuing; WWE stated to ESPN.com that "we believe it is now more important than ever to provide people with a diversion from these hard times", and that the company's programming "bring[s] families together and deliver a sense of hope, determination and perseverance".
[91][92][93][94] On April 15, WWE started a series of cuts and layoffs in response to the pandemic, including releasing a number of performers (Karl Anderson, Kurt Angle, Aiden English, EC3, Epico, Luke Gallows, Curt Hawkins, No Way Jose, Sarah Logan, Mike Kanellis, Maria Kanellis, Primo, Erick Rowan, Rusev, Lio Rush, Zack Ryder, Heath Slater, and Eric Young), three producers (Dave Finlay, Shane Helms and Lance Storm), referee Mike Chioda, and multiple NXT/Performance Center trainees and staff.
Inside the ThunderDome, drones, lasers, pyro, smoke, and projections were utilized to enhance the wrestlers' entrances on a level similar to that of pay-per-view productions pre-pandemic.
Through the partnership, spectators will have access to hospitality packages for WWE's five biggest events, including WrestleMania, SummerSlam, Royal Rumble, Survivor Series, and Money in the Bank.
Discovery (broadcasters of rival promotion AEW), Netflix, Amazon, Endeavor Group Holdings (owners of UFC), and Liberty Media being in the speculation for buying the company[136] with CAA and Saudi Arabia's Public Investment Fund also on the list.
[142] Vince McMahon stated that "family businesses have to evolve for all the right reasons", and that "given the incredible work that Ari and Endeavor have done to grow the UFC brand — nearly doubling its revenue over the past seven years — and the immense success we've already had in partnering with their team on a number of ventures, I believe that this is without a doubt the best outcome for our shareholders and other stakeholders.
Premiering on January 16, 2018, the 12-episode series will feature wrestlers from both the Raw and SmackDown rosters competing in a single-elimination mixed tag-team tournament to win $100,000 to support the charity of their choice.
[295] The independent testing ceased in 1996, being deemed too expensive as the company was going through financial duress at the time as a result of their competitors, World Championship Wrestling, being so overwhelmingly more popular and hurting the federation's business.
According to Freedom of Information Act requests for court records regarding the ring boy scandal, Vince, under oath, stated that he was aware that Phillips had taken a "peculiar and unnatural interest in children" but refused to take action against him.
[310] In response to the Business Insider report, Jerry McDevitt, WWE's attorney, stated that the accusations against Phillips were related to his unusual "foot fetish" but did not include "anything approximating conventional forms of sexual abuse such as rape, sodomy, etc.
"[310] He additionally described the claims that the McMahons knew about the accusations against Phillips but refused to take action and continued to employ him under the condition that he "stop chasing after kids" as "outlandish" and "classic libel.
The suit alleged that Wittenstein violated a non-disclosure agreement and shared confidential information with the WWE which represented a comparative advantage in negotiating with wrestling talent under contract with TNA.
[314] On January 11, 2022, Major League Wrestling (MLW) filed an anti-trust lawsuit against WWE, accusing them of interfering in television and streaming deals and poaching talent.
WWF broke kayfabe by having television commentator Jim Ross repeatedly tell those watching live on pay-per-view that what had just transpired was not a wrestling angle or storyline and that Hart was hurt badly, emphasizing the seriousness of the situation.
[326] The next day, Viacom won the rights to all WWF programming for $12.6 million including Raw is War on TNN/Spike TV, a revamped Sunday Night Heat on MTV and retained SmackDown!
The lawsuit centered on USA's contention that it did not have to match every aspect of a Viacom offer to satisfy a right of first refusal clause in its contract that allowed its deal with the WWF to continue.
In 2003, WWE won a limited decision to continue marketing certain classic video games from THQ and Jakks Pacific that contained the WWF "scratch" logo.
Starting with the 1,000th episode of Raw in July 2012, the WWF "scratch" logo is no longer censored in archival footage due to WWE reaching a new settlement with the World Wide Fund for Nature.
"[347] Vice wrote that "completely whitewashing his past and elevating his likeness to a bland symbol of corporate altruism is shockingly tone-deaf, especially for a company that's at least outwardly trying to appear progressive, inclusive and diverse.
"[346] Under Section 9.13(a) of WWE's booking contract, commonly known as the "morals clause", the company has a zero-tolerance policy involving domestic violence, child abuse and sexual assault.
[384] A further report by Vice News revealed that Massaro had accused Vince McMahon of "preying on female WWE wrestlers" and that she believed he had tried to sabotage her wrestling career after she rejected an advance from him.