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Vince McMahon, a third-generation wrestling promoter and co-founder of Titan Sports, Inc., originally served as Executive Chairman of TKO Group Holdings.. Headquartered in Stamford, Connecticut, WWE was founded in 1953 as the Capitol Wrestling Corporation (CWC), a Northeastern territory of the National Wrestling Alliance (NWA). [16]
WWE signs most of its talent to exclusive contracts, meaning talent can appear or perform only on WWE programming and events. They are not permitted to appear or perform for another promotion unless special arrangements are made beforehand. WWE keeps all wrestlers' salary, employment length, benefits, and all other contract details strictly ...
A general guideline would be that an independent promotion, as its name suggests, has no corporate sponsor or ownership providing funding for its operation. For example, Ring of Honor is owned by Tony Khan and Total Nonstop Action Wrestling is a subsidiary of Anthem Sports , so they fall outside this definition.
In April 2023, Endeavor and WWE announced a merger to form TKO Group Holdings, a new public company majority-owned by Endeavor, with McMahon serving as executive chairman of the new entity, and Nick Khan becoming president of the WWE while Dana White maintaining his position as president of the UFC. The merger was completed on September 12, 2023.
On April 3, 2023; WWE and Endeavor reached a deal under which WWE would merge with UFC's parent company Endeavor to form a new company, which would go public on the New York Stock Exchange (NYSE) under the symbol "TKO". Endeavor will hold a 51% stake in "TKO", with WWE's shareholders having a 49% stake, [103] valuing WWE at $9.1 billion.
The actor and entertainment mogul, who broke out as a WWE star two decades ago, has gained rights to a number of nicknames, insults and catchphrases from his time in the ring in the 90s and early ...
This list brings together authority figures—people who hold on-screen power—in professional wrestling promotions or brands within North America. The North American wrestling industry portrays authority figures as responsible for making matches, providing rules and generally keeping law and order both in and outside the ring.
The McMahon family (/ m ə k ˈ m æ n /) is an Irish-American family known for their ownership of World Wrestling Entertainment (). Vince McMahon, a third-generation wrestling promoter, was the Chairman and Chief Executive Officer of WWE from 1982 until 2023. [1]